Examples of Tax Deduction Event in a sentence
Subject to Condition 6.6, the Capital Securities may be redeemed at the option of the Issuer in whole, but not in part, at any time, on giving not less than 30 nor more than 60 days’ notice to the Securityholder in accordance with Condition 11, (which notice shall be irrevocable, subject to Condition 4C, and shall specify the date fixed for redemption), following the occurrence of a Tax Deduction Event.
The Trustee shall be entitled, without liability to any person, to accept such certification and, in the case of a Tax Deduction Event, opinion referred to in the definition thereof as sufficient evidence that a Tax Deduction Event or a Rating Agency Event, as the case may be, has occurred, in which event it shall be conclusive and binding on the Noteholders.
The Borrower may, upon the occurrence of a Rating Event, a Tax Deduction Event or a Withholding Tax Event, at any time, without the consent of the relevant Lenders, either: (a) substitute the Loans (in full) for; or (b) vary the terms of the Loans with the effect that the Loans remain or become, as the case may be, a Qualifying Loan.
Call Options:[Issuer Call] [Tax Deduction Event] [Accounting Event] [Rating Event] [Gross-up Event] [Repurchase Event][Change of Control Event] [(see paragraph[s] [18]/[19]/[20]/[21]/[22]/[23]below)] [Not Applicable]12.
Tax Deduction Event- Principal:Applicable PROVISIONS RELATING TO ANY INTEREST AMOUNT, THE REDEMPTION AMOUNT AND ANY ASSET AMOUNT DELIVERABLE IN RELATION TO THE NOTES13.