Common use of Calculation of Original Issue Discount Clause in Contracts

Calculation of Original Issue Discount. If during any calendar year any original issue discount shall have accrued on the Debentures, the Company shall file with each Paying Agent (including the Trustee if it is a Paying Agent) by January 31 of the following calendar year (a) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on Outstanding Debentures as of the end of such year and (b) such other specific information relating to such original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time.

Appears in 9 contracts

Samples: Fourth Supplemental Indenture (Globe Life Inc.), Indenture (Torchmark Corp), Supplemental Indenture (Protective Life Corp)

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Calculation of Original Issue Discount. If during any calendar year any original issue discount shall have accrued on the DebenturesNotes, the Company shall file with each Paying Agent (including the Trustee if it is a Paying Agent) by January 31 promptly at the end of the following each calendar year (ai) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on Outstanding Debentures Securities as of the end of such year and (bii) such other specific information relating to such original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time.

Appears in 1 contract

Samples: Supplemental Indenture (SunTrust Preferred Capital I)

Calculation of Original Issue Discount. If during any calendar year any original issue discount shall have accrued on the Debentures, the Company shall file with each Paying Agent (including the Trustee if it is a Paying Agent) by January 31 15 of the following calendar year (a) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on Outstanding Debentures as of the end of such year and (b) such other specific information relating to such original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time.

Appears in 1 contract

Samples: Investment Agreement (Hartford Financial Services Group Inc/De)

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Calculation of Original Issue Discount. If during any calendar year any original issue discount shall have accrued on the Debentures, the Company shall file with each Paying Agent (including the Trustee if it is a Paying Agent) by January 31 of the following calendar year (a) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued on Outstanding Debentures as of the end of such year and (b) such other specific information relating to such original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to timeCode.

Appears in 1 contract

Samples: Seventh Supplemental Indenture (Reinsurance Group of America Inc)

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