Common use of Notes as Debt Clause in Contracts

Notes as Debt. For all federal, state, local and foreign tax purposes, the Issuer, the Servicer, the Trustee and all Noteholders shall treat the Notes as debt of the Issuer.

Appears in 3 contracts

Samples: Indenture (Trendwest Resorts Inc), Indenture (Trendwest Resorts Inc), Indenture (Trendwest Resorts Inc)

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Notes as Debt. For all federal, state, local and foreign tax purposes, the Issuer, the Servicer, the Trustee and all Noteholders shall treat the Notes as debt of the Issuer.

Appears in 1 contract

Samples: Indenture (Trendwest Resorts Inc)

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