Additional Requirements for Registration of and Limitations on Transfer and Exchange of Notes. (a) All Transfers will be subject to the transfer restrictions set forth on the Notes. (b) No Transfer (or purported Transfer) of a Class M Note, Class B Note or Class C Note (or economic interest therein) shall be made by WFN, the Transferor or any person which is considered the same person as WFN or the Transferor for U.S. Federal income tax purposes (except to a person which is considered the same person as WFN for such purposes) and any such Transfer (or purported Transfer) of such Notes shall be void ab initio unless an Opinion of Counsel is first delivered to the Indenture Trustee to the effect that such Notes will constitute debt for U.S. federal income tax purposes.
Appears in 8 contracts
Samples: Indenture Supplement (Alliance Data Systems Corp), Indenture Supplement (World Financial Network Credit Card Master Trust), Indenture Supplement (World Financial Network Credit Card Master Trust)
Additional Requirements for Registration of and Limitations on Transfer and Exchange of Notes. (a) All Transfers will be subject to the transfer restrictions set forth on the Notes.
(b) No Transfer (or purported Transfer) of a Class M Note, Class B Note or Class C B Note (or economic interest therein) shall be made by WFN, the Transferor or any person which is considered the same person as WFN or the Transferor for U.S. Federal income tax purposes (except to a person which is considered the same person as WFN for such purposes) and any such Transfer (or purported Transfer) of such Notes shall be void ab initio unless an Opinion of Counsel is first delivered to the Indenture Trustee to the effect that such Notes will constitute debt for U.S. federal income tax purposes.
Appears in 2 contracts
Samples: Indenture Supplement (Alliance Data Systems Corp), Indenture Supplement (Alliance Data Systems Corp)
Additional Requirements for Registration of and Limitations on Transfer and Exchange of Notes. (a) All Transfers will be subject to the transfer restrictions set forth on the Notes.
(b) No Transfer (or purported Transfer) of a Class M Note, Class B Note or Class C Note (or economic interest therein) shall be made by WFN, the Transferor or any person which is considered the same person as WFN or the Transferor for U.S. Federal income tax purposes (except to a person which is considered the same person as WFN for such purposes) and any such Transfer (or purported Transfer) of such Notes shall be void ab initio unless an Opinion of Counsel is first delivered to the Indenture Trustee to the effect that such Notes will constitute debt for U.S. federal income tax purposes.
Appears in 2 contracts
Samples: Indenture Supplement (WFN Credit Co LLC), Indenture Supplement (WFN Credit Co LLC)
Additional Requirements for Registration of and Limitations on Transfer and Exchange of Notes. (a) All Transfers transfers will be subject to the transfer restrictions set forth on the Notes.
(b) No Transfer transfer (or purported Transfertransfer) of a Class M Note, Class B Note or Class C Note (or economic interest therein) shall be made by WFN, the Transferor or any person which is considered the same person as WFN or the Transferor for U.S. Federal income tax purposes (except to a person which is considered the same person as WFN for such purposes) and any such Transfer transfer (or purported Transfertransfer) of such Notes shall be void ab initio unless an Opinion of Counsel is first delivered to the Indenture Trustee to the effect that such Notes will constitute debt for U.S. federal income tax purposes.
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Additional Requirements for Registration of and Limitations on Transfer and Exchange of Notes. (a) All Transfers will be subject to the transfer restrictions set forth on the Notes.
(b) . No Transfer (or purported Transfer) of a Class M Note, Class B Note or Class C Note (or economic interest therein) shall be made by WFNWFCB, the Transferor or any person which is considered the same person as WFN WFCB or the Transferor for U.S. Federal income tax purposes (except to a person which is considered the same person as WFN WFCB for such purposes) and any such Transfer (or purported Transfer) of such Notes shall be void ab initio unless an Opinion of Counsel is first delivered to the Indenture Trustee to the effect that such Notes will constitute debt for U.S. federal income tax purposes.
Appears in 1 contract
Additional Requirements for Registration of and Limitations on Transfer and Exchange of Notes. (a) All Transfers will be subject to the transfer restrictions set forth on the Notes.
(b) . No Transfer (or purported Transfer) of a Class M Note, Class B Note or Class C Note (or economic interest therein) shall be made by WFNWFCB, the Transferor or any person which is considered the same person as WFN WFCB or the Transferor for U.S. Federal income tax purposes (except to a person which is considered the same person as WFN WFCB for such purposes) and any such Transfer (or purported Transfer) of such Notes shall be void ab initio unless an Opinion of Counsel is first delivered to the Indenture Trustee to the effect that such Notes will constitute debt for U.S. federal income tax purposes.
Appears in 1 contract
Samples: Series 2009 VFN Indenture Supplement (Alliance Data Systems Corp)
Additional Requirements for Registration of and Limitations on Transfer and Exchange of Notes. (a) All Transfers will be subject to the transfer restrictions set forth on the Notes.
(b) No Transfer (or purported Transfer) of a Class M Note, Class B Note or Class C Note (or economic interest therein) shall be made by WFN, the Transferor or any person which is considered the same person as WFN or the Transferor for U.S. Federal income tax purposes (except to a person which is considered the same person as WFN for such purposes) and any such Transfer (or purported Transfer) of such Notes shall be void ab initio unless an Opinion of Counsel is first delivered to the Indenture Trustee to the effect that such Notes will constitute debt for U.S. federal income tax purposes.
Appears in 1 contract
Samples: Series 2009 VFN Indenture Supplement (Alliance Data Systems Corp)