Additional Issues. The Operating Partnership may, from time to time, without notice to or the consent of the Holders of the Notes, increase the principal amount of the Notes by issuing additional debt securities, in which case any additional debt securities so issued will have the same form and terms (other than the date of issuance and, under certain circumstances, the public offering price and the date from which interest thereon will begin to accrue), and will carry the same right to receive accrued and unpaid interest, as the Notes. Additional debt securities issued in this manner will be consolidated with, and form a single series of debt securities with, the Notes; provided, however, that such additional debt securities will not be issued with the same CUSIP number as the Notes (and hence will not be treated as part of the same issuance for U.S. federal income tax purposes), unless such issuance constitutes a “qualified reopening” of the Notes within the meaning of the Internal Revenue Code of 1986, as amended, and the Treasury regulations promulgated thereunder, or is otherwise fungible with the Notes for U.S. federal income tax purposes.
Appears in 3 contracts
Samples: Ninth Supplemental Indenture (American Homes 4 Rent, L.P.), Eighth Supplemental Indenture (American Homes 4 Rent, L.P.), Seventh Supplemental Indenture (American Homes 4 Rent, L.P.)
Additional Issues. The Operating Partnership may, from time to time, without notice to or the consent of the Holders of the Notes, increase the principal amount of the Notes by issuing additional debt securities, in which case any additional debt securities so issued will have the same form and terms (other than the date of issuance and, under certain circumstances, the public offering price and the date from which interest thereon will begin to accrue), and will carry the same right to receive accrued and unpaid interest, as the Notes. Additional debt securities issued in this manner will be consolidated with, and form a single series of debt securities with, the Notes; provided, however, that such additional debt securities will not be issued with the same CUSIP number as the Notes (and hence will not be treated as part of the same issuance for U.S. federal income tax purposes), unless such issuance constitutes a “qualified reopening” of the Notes within the meaning of the Internal Revenue Code of 1986, as amended, and the Treasury regulations promulgated thereunder, or is otherwise fungible with treated as part of the same issue as the Notes for U.S. federal income tax purposes.
Appears in 2 contracts
Samples: Second Supplemental Indenture (American Homes 4 Rent, L.P.), First Supplemental Indenture (American Homes 4 Rent, L.P.)