Definition of Tax Original Issue Discount

  1. Tax Original Issue Discount means the amount of ordinary interest income on a Note that must be accrued as original issue discount for United States federal income tax purposes.

Examples of Tax Original Issue Discount in a sentence

  1. The Company shall file with the Trustee promptly at the end of each calendar year (i) a written notice specifying the amount of Tax Original Issue Discount (including daily rates and accrual periods) accrued on outstanding Notes as of the end of such year and (ii) such other specific information relating to such Tax Original Issue Discount as may then be required under the Internal Revenue Code of 1986, as amended from time to time, or the Treasury regulations promulgated thereunder.
  2. Calculation of Tax Original Issue Discount.....................54 Section 9.07.

Definition of Tax Original Issue Discount in Senior Note

Tax Original Issue Discount means the amount of ordinary interest income on a Note that must be accrued as original issue discount for United States federal income tax purposes.


Definition of Tax Original Issue Discount in Unsecured Convertible Note

Tax Original Issue Discount means the amount of ordinary interest income on a Security that must be accrued as original issue discount for United States federal income tax purposes pursuant to United States Treasury Regulation Section 1.1275-4 or any successor provision.