Treatment of Securities as Debt Sample Clauses

Treatment of Securities as Debt. It is intended that the Securities will be treated as indebtedness and not as equity for federal income tax purposes. The provisions of this Indenture shall be interpreted to further this intention.
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Treatment of Securities as Debt. This Security is intended to constitute indebtedness for United States federal, state and local tax purposes, and the Indenture and the Security shall be interpreted to further this intention.
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Treatment of Securities as Debt. It is intended that the Securities will be treated as Indebtedness and not as equity for federal income tax purposes. The provisions of this Indenture shall be interpreted to further this intention.
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Treatment of Securities as Debt. SECTION 13.07 COMPLIANCE CERTIFICATES AND OPINIONS. SECTION 13.08 PAYMENTS ON BUSINESS DAYS. SECTION 13.09 CONFLICT WITH TRUST INDENTURE ACT. SECTION 13.10 COUNTERPARTS. SECTION 13.11 SEPARABILITY.
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Treatment of Securities as Debt. 45 Section 13.07
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Treatment of Securities as Debt. 45 Section 13.07
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Related to Treatment of Securities as Debt

  • Replacement of Securities If any certificate or instrument evidencing any Securities is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity) associated with the issuance of such replacement Securities.

  • Payment of Securities 39 SECTION 4.02.

  • Authorization of Securities The Securities to be sold by the Company under this Agreement have been duly authorized for issuance and sale to the Underwriters pursuant to this Agreement and, when issued and delivered by the Company pursuant to this Agreement against payment of the consideration set forth herein, will be validly issued, fully paid and non-assessable; no holder of the Securities is or will be subject to personal liability by reason of being such a holder; and the issuance and sale of the Securities to be sold by the Company under this Agreement are not subject to any preemptive rights, rights of first refusal or other similar rights of any securityholder of the Company or any other person.

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