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 a Noteholder a statement prepared by HVF containing the information which is required to be contained in the Monthly Noteholders’ Statements with respect to each Series of Notes aggregated for such calendar year or the applicable portion thereof during which such Person was a Noteholder, together with such other customary information (consistent with the treatment of the Notes as debt) as HVF deems necessary or desirable to enable the 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: Credit Agreement (Hertz Corp), Hertz Global Holdings Inc

AutoNDA by SimpleDocs

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 20032007, the Paying Agent shall furnish to each Person who at any time during the preceding calendar year was a Noteholder a statement prepared by HVF BTF containing the information which is required to be contained in the Monthly Noteholders’ Statements with respect to each Series of Notes aggregated for such calendar year or the applicable portion thereof during which such Person was a Noteholder, together with such other customary information (consistent with the treatment of the Notes as debt) as HVF BTF deems necessary or desirable to enable the Noteholders to prepare their tax returns (each such statement, an “Annual Noteholders’ Tax Statement”). Such obligations of HVF BTF 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 may be in effect from time to time in effecttime.

Appears in 1 contract

Samples: Cendant Corp

AutoNDA by SimpleDocs

Annual Noteholders’ Tax Statement. Unless otherwise specified in the applicable Series SupplementSupplement for a Series of Notes, beginning with calendar year 2011, the Paying Agent shall furnish upon written request received on or before January 31 of each calendar year, beginning with any calendar year 2003, the Paying Agent shall furnish to each Person who at any time during the preceding calendar year was a Noteholder a statement prepared by HVF CPF containing the information which is required to be contained in the Monthly Noteholders’ Statements with respect to each Series of Notes aggregated for such calendar year or the applicable portion thereof during which such Person was a Noteholder, together with such other customary information (consistent with the treatment of the Notes as debt) as HVF CPF deems necessary or desirable to enable the Noteholders such Noteholder to prepare their its tax returns return (each such statement, an “Annual Noteholders’ Tax Statement”). Such obligations of HVF CPF 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 may be in effect from time to time in effecttime.

Appears in 1 contract

Samples: Base Indenture (Avis Budget Group, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!