Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 11 contracts
Samples: Indenture (Bank of New York Co Inc), Indenture (Everest Re Capital Trust Iii), Everest Re Capital Trust
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 6 contracts
Samples: Indenture (Banponce Corp), Indenture (Banponce Trust Ii), Bb&t Capital Trust I
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 increment of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 5 contracts
Samples: Subordinated Indenture (Sea Pines Associates Inc), South Carolina Electric & Gas Co, Scana Corp
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation Company shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 4 contracts
Samples: Indenture (Everest Re Capital Trust Iii), Indenture (Everest Re Group LTD), Everest Reinsurance Holdings Inc
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation Company shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible includable in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 3 contracts
Samples: Junior Subordinated Indenture (Delphi Financial Group Inc/De), Unumprovident Financing Trust Iii, Union Planters Corp
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each such Paying Agent may prepare the information which that it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities Outstanding during such year.
Appears in 2 contracts
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation Company shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 2 contracts
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each such Paying Agent may prepare the information which that it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible includable in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities Outstanding during such year.
Appears in 1 contract
Samples: Colonial Bancgroup Inc
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each such Paying Agent may prepare the information which that it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 of principal amount at Stated Maturity of outstanding Securities during such year.as
Appears in 1 contract
Samples: Indenture (Centura Banks Inc)
