Tax Call definition

Tax Call means an Early Repayment Option exercised by SBS Bank in relation to which SBS Bank delivers a notice under clause 4.2 which states that a Tax Event has occurred.
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Tax Call has the meaning provided in Condition 7.2(c).
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Tax Call. Notwithstanding the time limitations set forth above with respect to an Optional Redemption, at any time the payments of interest in respect of the Notes are subject to withholding or deductions at a rate of tax in excess of 4.9%, which arises as a result of changes in or amendments to the laws of Mexico or any generally disclosed
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Examples of Tax Call in a sentence

  • The capital protection, if any, will not be due if the Products are redeemed prior to their Redemption Date or upon the occurrence of a Market Disruption Event or upon the occurrence of a Tax Call (as defined in the General Terms and Conditions).

  • If the Issuer decides to offer for sale the Mortgage Receivables on an Optional Redemption Date or exercises the Tax Call Option, the Issuer will notify the Seller of such decision by written notice at least sixty-seven (67) calendar days prior to the scheduled date of redemption and will first offer such Mortgage Receivables to the Seller.

  • If, following a Tax Event set out in clause (ii) or (iii) of the definition of Tax Event, the Issuer gives notice to the Financial Services Authority of, and the Financial Services Authority objects to, the Issuer's proposal to convert the Capital Securities into another series of capital securities constituting undated cumulative subordinated notes, then the Tax Event giving rise to such proposal will become a Tax Call Event.

  • The Issuer may redeem the Capital Securities in whole (but not in part), at any time upon the occurrence of a Tax Call Event subject to the Solvency Condition being met.

  • Upon redemption in full of all Higher Ranking Classes of Notes pursuant to the exercise of the Seller Call Option, the Clean-Up Call Option, the Risk Retention Regulatory Change Call Option, the Tax Call Option or the Remarketing Call Option, on such date of redemption, the Issuer shall apply the balance standing to the credit of the Reserve Account towards the redemption of the Class S Notes in accordance with the applicable Priority of Payments and the Trust Agreement.

  • If, following a Tax Event set out in clause (ii) or (iii) of the definition of Tax Event, the Issuer gives notice to the Financial Services Authority of, and the Financial Services Authority objects to, the Issuer’s proposal to convert the Capital Securities into another series of capital securities constituting undated cumulative subordinated notes, then the Tax Event giving rise to such proposal will become a Tax Call Event.

  • The capital protection, if any, will not be due if the Products are redeemed prior to their Redemption Date, upon the occurrence of a Market Disruption Event, or upon a Tax Call, as defined in the General Terms and Conditions.

  • If the Issuer exercises the Tax Call Option, the Issuer will notify the Seller of such decision by written notice at least sixty-seven (67) calendar days prior to the scheduled date of redemption and will first offer such Mortgage Receivables to the Seller.

  • The capital protection, if any, will not be due if the Products are redeemed prior to their Redemption Date, upon the occurrence of a Market Disruption Event or upon a Tax Call, as defined in the General Terms and Conditions.

  • If not currently in contact with a representative, you may contact our Employment Tax Call Center at ▇-▇▇▇-▇▇▇-▇▇▇▇, or visit our Web site at ▇▇▇.▇▇▇.▇▇.▇▇▇ to obtain an Installment Agreement Request (DE 927B).

Related to Tax Call

  • Tax Notice has the meaning set forth in Section 2.06(a).

  • Tax roll means a permanent record of the taxes charged on property, as

  • Tax Commissioner means the tax commissioner appointed under section 121.03 of the Revised Code.

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same).