Common use of Consent to Treatment for Tax Purposes Clause in Contracts

Consent to Treatment for Tax Purposes. Each Holder of a Normal Unit or a Stripped Unit, by its acceptance thereof, covenants and agrees to treat itself as the owner, for federal, state and local income and franchise tax purposes, of (i) the related Notes, the appropriate Treasury Consideration or the Applicable Ownership Interest in the Treasury Portfolio, in the case of the Normal Units, or (ii) the Treasury Securities, in the case of the Stripped Units. Each Holder of a Normal Unit, by its acceptance thereof, further covenants and agrees to treat the Notes as indebtedness of the Company for federal, state and local income and franchise tax purposes.

Consent to Treatment for Tax Purposes. Each Holder of a Normal Unit Units or a Stripped UnitUnits, by its acceptance thereof, covenants and agrees to treat itself as the owner, for United States federal, state and local income and franchise tax purposes, of (i) the related Notes, Debt Securities or the appropriate Treasury Consideration or the Applicable Ownership Interest in the Treasury Portfolio, in the case of the Normal Units, or (ii) the Treasury Securities, in the case of the Stripped Units. Each Holder of a Normal UnitUnits, by its acceptance thereof, further covenants and agrees to treat the Notes Debt Securities as indebtedness of the Company for United States federal, state and local income and franchise tax purposes.]

Consent to Treatment for Tax Purposes. Each Holder of a Normal Corporate Unit or a Stripped Treasury Unit, by its acceptance thereof, covenants and agrees to treat itself as the owner, for federal, state and local income and franchise tax purposes, of (i) the related Notes, the appropriate Treasury Consideration or the Applicable Ownership Interest in the Treasury Portfolio, in the case of the Normal Corporate Units, or (ii) the Treasury Securities, in the case of the Stripped Treasury Units. Each Holder of a Normal Corporate Unit, by its acceptance thereof, further covenants and agrees to treat the Notes as indebtedness of the Company for federal, state and local income and franchise tax purposes.

Consent to Treatment for Tax Purposes. Each Holder of a Normal Corporate Unit or a Stripped Treasury Unit, by its acceptance thereof, covenants and agrees to treat itself as the owner, for federal, state and local income and franchise tax purposes, of (i) the related Notes, the appropriate Treasury Consideration Senior Notes or the Applicable Ownership Interest in the Treasury Portfolio, in the case of the Normal Corporate Units, or (ii) the Treasury Securities, in the case of the Stripped Treasury Units. Each Holder of a Normal Corporate Unit, by its acceptance thereof, further covenants and agrees to treat the Notes as indebtedness of the Company for federal, state and local income and franchise tax purposes.