Restricted Notes definition

Restricted Notes means Initial Notes and Additional Notes bearing one of the restrictive legends described in Section 2.1(d).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Restricted Notes means any Note for which no Debt-For-Tax Opinion has been rendered on or after the later of (i) the Closing Date and (ii) the most recent date on which such Note was beneficially owned by the Issuer or the single beneficial owner of the Issuer for United States federal income tax purposes.

Restricted Notes means any Notes (i) that were retained by the Issuer or a Person that is considered the same person as the Issuer for U.S. federal income tax purposes as of the Closing Date, and (ii) for which no Debt-For-Tax Opinion has been rendered with respect to such Notes at any time after the Closing Date.

Examples of Restricted Notes in a sentence

Any Additional Notes sold in a registered offering shall not be required to bear the Restricted Notes Legend.
Beneficial interests in any Transfer Restricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Transfer Restricted Global Note in accordance with the transfer restrictions set forth in the Restricted Notes Legend; provided, however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in a Regulation S Global Note may not be made to a U.S. Person or for the account or benefit of a U.S. Person.
Upon the transfer, exchange or replacement of Notes not bearing a Restricted Notes Legend, the Registrar shall deliver Notes that do not bear a Restricted Notes Legend.
Any Definitive Note delivered in exchange for an interest in a Global Note shall, except as otherwise provided by Section 2.2 hereof, bear the Transfer Restricted Notes legend and Definitive Notes legend.

More Definitions of Restricted Notes

Restricted Notes means the Restricted Global Notes, and all other Series 2005-3 Notes evidencing the obligations, or any portion of the obligations, initially evidenced by the Restricted Global Notes, other than certificates transferred or exchanged upon certification as provided in Section 6.4(i)(iv) of this Series Supplement.

Restricted Notes. The Notes for which, as of the Closing Date, no opinion has been delivered to the effect that such Notes will be characterized as indebtedness for U.S. federal income tax purposes, until such time as such an opinion is delivered by counsel satisfactory to the Indenture Trustee and the Depositor.

Restricted Notes means the Restricted Global Note(s) and the Restricted Definitive Notes.

Restricted Notes means Initial Notes and Additional Notes bearing one of the restrictive legends described in Section 2.1(d). “Restricted Notes Legend” means the legend set forth in Section 2.1(d)(1).

Restricted Notes means Notes offered and sold in their initial distribution in transactions exempt from the registration requirements of the Securities Act other than pursuant to Regulation S.

Restricted Notes means Global Notes and Definitive Notes issued under this Indenture that bear or are required to bear the Private Placement Legend.

Restricted Notes means Initial Notes and Additional Notes bearing the restrictive legend described in Section 2.01(d).