Common use of Tax Event Redemption Clause in Contracts

Tax Event Redemption. If the Securities Intermediary receives written notice that a Tax Event Redemption has occurred prior to the Purchase Contract Settlement Date, the Securities Intermediary shall apply the Redemption Amount to purchase the Treasury Portfolio and the Securities Intermediary shall credit the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio to the Collateral Account and shall transfer the Applicable Ownership Interest (as specified in clause (B) of the definition of such term) of the Treasury Portfolio to the Purchase Contract Agent for distribution to the Holders of the Stock Purchase Units. Upon credit to the Collateral Account of the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio having a Value equal to the aggregate principal amount of the Pledged [Subordinated] Notes, the Securities Intermediary shall release the Pledged [Subordinated] Notes, as applicable, from the Collateral Account and shall promptly transfer the Pledged [Subordinated] Notes to the Company, as applicable.

Tax Event Redemption. If the Securities Intermediary receives written notice that a Tax Event Redemption has occurred shall occur prior to the Purchase Contract Settlement Date, the Securities Intermediary shall apply the Redemption Amount to purchase the Treasury Portfolio and the Securities Intermediary shall credit the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio to the Collateral Account and shall transfer the Applicable Ownership Interest (as specified in clause (B) of the definition of such term) of the Treasury Portfolio to the Purchase Contract Agent for distribution to the Holders of the Stock Purchase PEPS Units. Upon credit to the Collateral Account of the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio having a Value equal to the liquidation amount of the Pledged Preferred Securities or the aggregate principal amount of the Pledged [Subordinated] NotesDebentures, the Securities Intermediary shall release the Pledged [Subordinated] NotesPreferred Securities or the Pledged Debentures, as applicable, from the Collateral Account and shall promptly transfer the Pledged [Subordinated] Notes Preferred Securities to the Trust and the Pledged Debentures to the Company, as applicable.

Tax Event Redemption. If the Securities Intermediary receives written notice that a Tax Event Redemption has occurred prior to the Purchase Contract Warrant Settlement Date, the Securities Intermediary in accordance with Section 7.3 hereof shall apply the Tax Event Redemption Amount to purchase the Treasury Portfolio from the Quotation Agent and the Securities Intermediary shall credit the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio to the Collateral Account and shall transfer the Applicable Ownership Interest (as specified in clause (B) of the definition of such term) of the Treasury Portfolio to the Purchase Contract Warrant Agent for distribution to the Holders of the Stock Purchase Equity Units. Upon credit to the Collateral Account of the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio having a Value equal to the aggregate principal amount of the Pledged [Subordinated] Notes, the Securities Intermediary shall release the Pledged [Subordinated] Notes, as applicable, Notes from the Collateral Account and shall promptly transfer the Pledged [Subordinated] such Notes to the Company. If a Tax Event Redemption has occurred following the Warrant Settlement Date, as applicablethe Securities Intermediary shall distribute the Tax Event Redemption Amount to the Warrant Agent for distribution to the Holders of the Equity Units.

Tax Event Redemption. If the Securities Intermediary receives written notice that a Tax Event Redemption has occurred shall occur prior to the Purchase Contract Settlement Date, the Securities Intermediary shall apply the Redemption Amount to purchase the Treasury Portfolio and the Securities Intermediary shall credit the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio to the Collateral Account and shall transfer the Applicable Ownership Interest (as specified in clause (B) of the definition of such term) of the Treasury Portfolio to the Purchase Contract Agent for distribution to the Holders of the Stock Purchase UnitsCorporate PIES. Upon credit to the Collateral Account of the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio having a Value equal to the liquidation amount of the Pledged Preferred Securities or the aggregate principal amount of the Pledged [Subordinated] NotesDebentures, the Securities Intermediary shall release the Pledged [Subordinated] NotesPreferred Securities or the Pledged Debentures, as applicable, from the Collateral Account and shall promptly transfer the Pledged [Subordinated] Notes Preferred Securities to the CompanyTrust and the Pledged Debentures to the Finance Subsidiary, as applicable.

Tax Event Redemption. If the Securities Intermediary receives written notice that a Tax Event Redemption has occurred prior to the Purchase Contract Warrant Settlement Date, the Securities Intermediary in accordance with SECTION 7.2 hereof shall apply the Tax Event Redemption Amount to purchase the Treasury Portfolio from the Quotation Agent and the Securities Intermediary shall credit the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio to the Collateral Account and shall transfer the Applicable Ownership Interest (as specified in clause (B) of the definition of such term) of the Treasury Portfolio to the Purchase Contract Warrant Agent for distribution to the Holders of the Stock Purchase Equity Units. Upon credit to the Collateral Account of the Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio having a Value equal to the aggregate principal amount of the Pledged [Subordinated] Notes, the Collateral Agent shall release the Pledged Notes from the Pledge and shall promptly transfer such Notes to the Company. If a Tax Event Redemption has occurred following the Warrant Settlement Date, the Securities Intermediary shall release distribute the Pledged [Subordinated] Notes, as applicable, from the Collateral Account and shall promptly transfer the Pledged [Subordinated] Notes Tax Event Redemption Amount to the Company, as applicableWarrant Agent for distribution to the Holders of the Equity Units.

Tax Event Redemption. If the Securities Intermediary Collateral Agent receives written notice that a Tax Event Redemption has occurred prior to the Purchase Contract Settlement Date, the Securities Intermediary Collateral Agent shall apply the Redemption Amount to purchase the Treasury Portfolio and the Securities Intermediary Collateral Agent shall credit the Applicable Ownership Interest Interests (as specified in clause (A) of the definition of such term) of the Treasury Portfolio to the Collateral Account and shall transfer the Applicable Ownership Interest Interests (as specified in clause (B) of the definition of such term) of the Treasury Portfolio to the Purchase Contract Agent for distribution to the Holders of the Stock Purchase UnitsIncome PRIDES. Upon credit to the Collateral Account of the Applicable Ownership Interest Interests (as specified in clause (A) of the definition of such term) of the Treasury Portfolio having a Value equal to the liquidation amount of the Pledged Preferred Securities or the aggregate principal amount of the Pledged [Subordinated] Notes, the Collateral Agent shall cause the Securities Intermediary shall to release the Pledged [Subordinated] Preferred Securities or the Pledged Notes, as applicable, from the Collateral Account and shall to promptly transfer the Pledged [Subordinated] Preferred Securities to the Purchase Contract Agent and the Pledged Notes to the Company, as applicable.