Common use of Treatment of the Notes Clause in Contracts

Treatment of the Notes. The Company agrees, unless otherwise required by a change in Applicable Laws or as required by a determination (as defined in Code Section 1313(a) or any similar provision of state or local or non-U.S. law), (i) to treat the Notes as indebtedness for applicable income tax purposes and (ii) not to file any tax return, report or declaration inconsistent with the foregoing.

Appears in 2 contracts

Samples: NanoString Technologies Inc, NanoString Technologies Inc

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Treatment of the Notes. The Company agrees, unless otherwise required by a change in Applicable Laws or as required by a determination (as defined in Code Section 1313(a) or any similar provision of state or local or non-U.S. law), (i) to treat the Notes as indebtedness for applicable income tax purposes purposes, (ii) not to treat the Notes as “contingent payment debt instruments” governed by the rules set out in Treasury Regulations Section 1.1275-4, and (iiiii) not to file any tax return, report or declaration inconsistent with the foregoing.

Appears in 2 contracts

Samples: Invitae Corp, Invitae Corp

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Treatment of the Notes. The Company agreesand the Holder agree, unless otherwise required by a change in Applicable Laws applicable law or as required by a determination (as defined in Code Section 1313(a) or any similar provision of state or local or non-U.S. lawthe Code), (i) not to treat the Notes this Note as indebtedness for applicable income tax purposes a “contingent payment debt instruments” governed by Treasury Regulations Section 1.1275-4, and (ii) not to file any tax return, statement, report or declaration inconsistent with the foregoing.

Appears in 1 contract

Samples: Convertible Security Investment Agreement (AST SpaceMobile, Inc.)

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