Common use of Annual Noteholders’ Tax Statement Clause in Contracts

Annual Noteholders’ Tax Statement. Unless otherwise specified in the applicable Series Supplement, on or before January 31 of each calendar year, beginning with calendar year 2003, the Paying Agent shall furnish to each Person who at any time during the preceding calendar year was an Indenture Noteholder a statement prepared by HVF containing the information which is required to be contained in the Monthly Noteholders’ Statements with respect to such Series of Indenture Notes aggregated for such calendar year or the applicable portion thereof during which such Person was an Indenture Noteholder, together with such other customary information (consistent with the treatment of the Indenture Notes as debt) as HVF deems necessary or desirable to enable the Indenture Noteholders to prepare their tax returns (each such statement, an “Annual Noteholders’ Tax Statement”). Such obligations of HVF to prepare and the Paying Agent to distribute the Annual Noteholders’ Tax Statement shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Code as from time to time in effect.

Appears in 2 contracts

Samples: Base Indenture (Hertz Global Holdings Inc), Base Indenture (Hertz Global Holdings Inc)

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Annual Noteholders’ Tax Statement. Unless otherwise specified in the applicable Series Supplement, on or before January 31 of each calendar year, beginning with calendar year 20032011, the Paying Agent shall furnish to each Person who at any time during the preceding calendar year was an Indenture Noteholder a statement prepared by HVF ZVF containing the information which is required to be contained in the Monthly Noteholders’ Statements with respect to such Series of Indenture Notes aggregated for such calendar year or the applicable portion thereof during which such Person was an Indenture Noteholder, together with such other customary information (consistent with the treatment of the Indenture Notes as debt) as HVF ZVF deems necessary or desirable to enable the Indenture Noteholders to prepare their tax returns (each such statement, an “Annual Noteholders’ Tax Statement”). Such obligations of HVF ZVF to prepare and the Paying Agent to distribute the Annual Noteholders’ Tax Statement shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Paying Agent pursuant to any requirements of the Code as from time to time in effect.

Appears in 2 contracts

Samples: Base Indenture (Zipcar Inc), Base Indenture (Zipcar Inc)

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Annual Noteholders’ Tax Statement. Unless otherwise specified in the applicable related Series Supplement, on or before January 31 of each calendar year, beginning with calendar year 20032004, the Indenture Trustee or the Paying Agent shall furnish to each Person who at any time during the preceding calendar year was an Indenture a Noteholder a statement prepared by HVF or on behalf of the Issuer containing the information which is required to be contained in the Monthly Noteholders' Statements with respect to such each Series of Indenture Notes aggregated for such calendar year or the applicable portion thereof during which such Person was an Indenture a Noteholder, together with such other customary information (consistent with the treatment of the Indenture Notes as debt) as HVF the Issuer deems necessary or desirable to enable the Indenture Noteholders to prepare their tax returns (each such statement, an "Annual Noteholders' Tax Statement"). Such obligations of HVF the Issuer to prepare and the Indenture Trustee or the Paying Agent to distribute the Annual Noteholders' Tax Statement shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Indenture Trustee or the Paying Agent pursuant to any requirements of the Code as from time to time in effect.

Appears in 1 contract

Samples: Base Indenture (Uici)

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