Common use of Treatment of Securities Clause in Contracts

Treatment of Securities. The Company will treat the Securities as indebtedness, and the amounts, other than payments of principal, payable in respect of the principal amount of such Securities as interest, for all U.S. federal income tax purposes. All payments in respect of the Securities will be made free and clear of U.S. withholding tax to any beneficial owner thereof that has provided an Internal Revenue Service Form W-9 or W-8BEN (or any substitute or successor form) establishing its U.S. or non-U.S. status for U.S. federal income tax purposes and establishing that no withholding is required for U.S. federal income tax purposes, or any other applicable form establishing an exemption from U.S. withholding tax.

Appears in 3 contracts

Samples: Junior Subordinated Indenture (Northstar Realty), Junior Subordinated Indenture (Northstar Realty), Junior Subordinated Indenture (Northstar Realty)

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Treatment of Securities. The Company will treat the Securities as indebtedness, and the amounts, other than payments of principal, payable in respect of the principal amount of such Securities as interest, for all U.S. federal income tax purposes. All payments in respect of the Securities will be made free and clear of U.S. withholding tax to any beneficial owner thereof that has provided an Internal Revenue Service Form W-9 or W-8BEN (or any substitute or successor form) establishing its U.S. or non-U.S. status for U.S. federal income tax purposes and establishing that no withholding is required for U.S. federal income tax purposes, or any other applicable form establishing an a complete exemption from U.S. withholding tax.

Appears in 1 contract

Samples: Morgans Hotel Group Co.

Treatment of Securities. The Company will treat the Securities as indebtedness, and the amounts, other than payments of principal, payable in respect of the principal amount of such Securities as interest, for all U.S. federal income tax purposes. All payments in respect of the Securities will be made free and clear of U.S. withholding tax to any beneficial owner thereof that has provided an Internal Revenue Service Form W-9 or W-8BEN (or any substitute or successor form) establishing its U.S. or non-U.S. status for U.S. federal income tax purposes and establishing that no withholding is required for U.S. federal income tax purposes, or any other applicable form establishing an exemption from U.S. withholding tax.. ARTICLE XI Redemption of Securities

Appears in 1 contract

Samples: Junior Subordinated Indenture (Northstar Realty)

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Treatment of Securities. The Company will treat the Securities as indebtedness, and the amounts, other than payments of principal, payable in respect of the principal amount of such Securities as interest, for all U.S. federal income tax purposes. All payments in respect of the Securities will be made free and clear of U.S. withholding tax to any beneficial owner thereof that has provided an Internal Revenue Service Form W-9 or W-8BEN (or any substitute or successor form) establishing its U.S. or non-U.S. status for U.S. federal income tax purposes and establishing that no withholding is required for U.S. federal income tax purposes, or any other applicable form establishing an exemption from U.S. withholding tax.. 60

Appears in 1 contract

Samples: Junior Subordinated Indenture (Northstar Realty)

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