Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 11 contracts
Samples: Indenture (Everest Re Capital Trust), Junior Subordinated Indenture (Everest Re Group LTD), Junior Subordinated Indenture (Compass Trust Ii)
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 6 contracts
Samples: Junior Subordinated Indenture (Banponce Trust Ii), Junior Subordinated Indenture (Banponce Corp), Junior Subordinated Indenture (Dime Bancorp Inc)
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 increment of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 5 contracts
Samples: Junior Subordinated Indenture (Scana Corp), Junior Subordinated Indenture (Sea Pines Associates Inc), Junior Subordinated Indenture (Scana Corp)
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation Company shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 4 contracts
Samples: Senior Indenture (Everest Re Group LTD), Indenture (Everest Reinsurance Holdings Inc), Junior Subordinated Indenture (CCC Capital Trust Ii)
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation Company shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible includable in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 3 contracts
Samples: Junior Subordinated Indenture (Delphi Financial Group Inc/De), Indenture (Unumprovident Financing Trust Iii), Indenture (Union Planters Corp)
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation Company shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each Paying Agent may prepare the information which it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities during such year.
Appears in 2 contracts
Samples: Junior Subordinated Indenture (Everest Re Capital Trust Iii), Junior Subordinated Indenture (Everest Re Group LTD)
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each such Paying Agent may prepare the information which that it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities Outstanding during such year.
Appears in 2 contracts
Samples: Junior Subordinated Indenture (Bt Capital Trust B), Junior Subordinated Indenture (Bt Preferred Capital Trust Iv)
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each such Paying Agent may prepare the information which that it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible in income for each $25 of principal amount at Stated Maturity of outstanding Securities during such year.as
Appears in 1 contract
Original Issue Discount. For each year during which any Securities that were issued with original issue discount are Outstanding, the Corporation shall furnish to each Paying Agent in a timely fashion such information as may be reasonably requested by each Paying Agent in order that each such Paying Agent may prepare the information which that it is required to report for such year on Internal Revenue Service Forms 1096 and 1099 pursuant to Section 6049 of the Internal Revenue Code of 1986, as amended. Such information shall include the amount of original issue discount includible includable in income for each $25 1,000 of principal amount at Stated Maturity of outstanding Securities Outstanding during such year.
Appears in 1 contract
Samples: Junior Subordinated Indenture (Colonial Bancgroup Inc)
