Common use of Tax Event Clause in Contracts

Tax Event. (a) Upon the occurrence of a Tax Event, the Company may elect to pay interest on all the Securities in lieu of future Issue Discount at the rate of 1% per annum on a restated principal amount per $1,000 original Principal Amount at Maturity (the "Restated Principal Amount") equal to the Initial Accreted Principal Amount plus Issue Discount accrued through the date of such election (the "Option Exercise Date") and shall pay such interest in cash semi-annually on February 8 and August 8 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date (each, a "Regular Record Date"). Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.

Tax Event. (a) Upon From and after (i) the date of the occurrence of a Tax Event, Event (the “Tax Event Date”) and (ii) the date the Company may elect to pay exercises the option provided for in this paragraph 11, whichever is later (the “Option Exercise Date”), at the option of the Company, interest on all the Securities in lieu of future Original Issue Discount shall accrue at the rate of 13.00% per annum on a restated principal amount per $1,000 original Principal Amount at Maturity Security (the "“Restated Principal Amount"”) equal to the Initial Accreted Principal Amount Issue Price plus Original Issue Discount accrued through the date of such election (the "Option Exercise Date") Date and shall pay such interest in cash semi-annually be payable semiannually on February 8 April 3 and August 8 October 3 of each year (each an "“Interest Payment Date"”) to holders of record at the close of business on the 15th calendar day March 19 or September 18 (each a “Regular Record Date”) immediately preceding such Interest Payment Date (each, a "Regular Record Date"). Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax Event, Event and (ii) the date the Company may elect exercises such option, whichever is later (the "Option Exercise Date"), at the option of the Company, all of the Notes will cease to pay accrete, and cash interest on all the Securities in lieu of future Issue Discount shall accrue at the rate of 13.125% per annum on a the restated principal amount per $1,000 original Principal Amount at Maturity (the "Restated Principal Amount") ), equal to the Initial Accreted Principal Amount plus Issue Discount accrued through Value on the date of such election (the "Option Exercise Date") , and shall pay such interest in cash semi-annually be payable semiannually on February 8 July 20 and August 8 January 20 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date July 1 or January 1 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security Note that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security Note is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security Note shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this SecurityNote.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax Event, Event and (ii) the date the Company may elect to pay exercises the option provided for in this paragraph 11, whichever is later (the "Option Exercise Date"), at the option of the Company, interest on all the Securities in lieu of future Original Issue Discount shall accrue at the rate of 12.75% per annum on a restated principal amount per $1,000 original Principal Amount at Maturity Security (the "Restated Principal Amount") equal to the Initial Accreted Principal Amount Issue Price plus Original Issue Discount accrued through the date of such election (the "Option Exercise Date") Date and shall pay such interest in cash semi-annually be payable semiannually on February 8 6 and August 8 6 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date January 22 or July 22 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax EventEvent and (ii) the date the Company exercises such option, whichever is later (the later of such dates, the Company may elect to pay "Option Exercise Date"), at the option of the Company, interest on all the Securities in lieu of future Original Issue Discount shall accrue at the rate of 11.875% per annum on a restated principal amount per $1,000 original Principal Amount at Maturity Security (the "Restated Principal Amount") equal to the Initial Accreted Principal Amount Issue Price plus Original Issue Discount accrued through the date of such election (the "Option Exercise Date". (b) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall pay such interest in cash semi-annually cease to accrue on February 8 this Security. (c) Interest accrual on any Security under paragraph 11(a) above shall be payable semiannually on May 11 and August 8 November 11 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date April 26 or October 27 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest Such interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) . Interest on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.

Tax Event. (a) Upon the occurrence of a Tax Event, the Company may elect to pay interest on all the Securities in lieu of future Original Issue Discount at the rate of 1% per annum on a restated principal amount per $1,000 original Principal Amount at Maturity (the "Restated Principal Amount") equal to the Initial Accreted Principal Amount Issue Price plus Original Issue Discount accrued through the date of such election (the "Option Exercise Date") and shall pay such interest in cash semi-annually on February 8 and August 8 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date (each, a "Regular Record Date"). Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax Event, Event and (ii) the date the Company may elect to pay exercises such option, whichever is later (the "Option Exercise Date"), at the option of the Company, interest on all the Securities in lieu of future Original Issue Discount shall accrue at the rate of 12.375% per annum on a restated principal amount per $1,000 original Principal Amount at Maturity Security (the "Restated Principal Amount") equal to the Initial Accreted Principal Amount Issue Price plus Original Issue Discount accrued through the date of such election (the "Option Exercise Date") Date and shall pay such interest in cash semi-annually be payable semiannually on February 8 January 22 and August 8 July 22 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date January 7 or July 7 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax Event, Event and (ii) the date the Company may elect exercises such option, whichever is later (the "Option Exercise Date"), at the option of the Company, all of the Notes will cease to pay accrete, and cash interest on all the Securities in lieu of future Issue Discount shall accrue at the rate of 13.25% per annum on a the restated principal amount per $1,000 original Principal Amount at Maturity (the "Restated Principal Amount") ), equal to the Initial Accreted Principal Amount plus Issue Discount accrued through Value on the date of such election (the "Option Exercise Date") , and shall pay such interest in cash semi-annually be payable semiannually on February 8 May 11 and August 8 November 11 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date April 28 or October 29 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security Note that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security Note is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security Note shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this SecurityNote.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax Event, Event and (ii) the date the Company may elect exercises such option, whichever is later (the "Option Exercise Date"), at the option of the Company, all of the Notes will cease to pay accrete, and cash interest on all the Securities in lieu of future Issue Discount shall accrue at the rate of 14.75% per annum on a the restated principal amount per $1,000 original Principal Amount at Maturity (the "Restated Principal Amount") ), equal to the Initial Accreted Principal Amount plus Issue Discount accrued through Value on the date of such election (the "Option Exercise Date") , and shall pay such interest in cash be payable semi-annually on February 8 20 and August 8 20 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date February 5 or August 5 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security Note that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security Note is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security Note shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax Event, Event and (ii) the date the Company may elect to pay exercises the option provided for in this paragraph 11, whichever is later (the "Option Exercise Date"), at the option of the Company, interest on all the Securities in lieu of future Original Issue Discount shall accrue at the rate of 12.75% per annum on a restated principal amount per $1,000 original Principal Amount at Maturity Security (the "Restated Principal Amount") equal to the Initial Accreted Principal Amount Issue Price plus Original Issue Discount accrued through the date of such election (the "Option Exercise Date") Date and shall pay such interest in cash semi-annually be payable semiannually on February 8 May 9 and August 8 November 9 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date April 24 or October 24 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax Event, Event and (ii) the date the Company may elect exercises such option, whichever is later (the "Option Exercise Date"), at the option of the Company, all of the Notes will cease to pay accrete, and cash interest on all the Securities in lieu of future Issue Discount shall accrue at the rate of 13.25% per annum on a the restated principal amount per $1,000 original Principal Amount at Maturity (the "Restated Principal Amount") ), equal to the Initial Accreted Principal Amount plus Issue Discount accrued through Value on the date of such election (the "Option Exercise Date") , and shall pay such interest in cash semi-annually be payable semiannually on February 8 May 11 and August 8 November 11 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date April 27 or October 28 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) Interest on any Security Note that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security Note is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security Note shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this SecurityNote.

Tax Event. (a) Upon From and after (i) the date (the "Tax Event Date") of the occurrence of a Tax EventEvent or (ii) the date the Company exercises such option, whichever is later (the later of such dates, the Company may elect to pay "Option Exercise Date"), at the option of the Company, interest on all the Securities in lieu of future Original Issue Discount shall accrue at the rate of 11.50% per annum on a restated principal amount per $1,000 original Principal Amount at Maturity Security (the "Restated Principal Amount") equal to the Initial Accreted Principal Amount Issue Price plus Original Issue Discount accrued through the date of such election (the "Option Exercise Date". (b) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall pay such interest in cash semi-annually cease to accrue on this Security. (c) Interest accrual on any Security under paragraph 11(a) above shall be payable semiannually on August 13 and February 8 and August 8 13 of each year (each an "Interest Payment Date") to holders of record at the close of business on the 15th calendar day immediately preceding such Interest Payment Date July 29 or January 29 (each, each a "Regular Record Date")) immediately preceding such Interest Payment Date. Interest Such interest will be computed on the basis of a 360-day year comprised of twelve 30-day months and will accrue semi-annually from the most recent date to which interest has been paid or, if no interest has been paid, from the Option Exercise Date. (b) . Interest on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose. Each installment of interest on any Security shall be paid in same-day funds by transfer to an account maintained by the payee located inside the United States. (c) From and after the Option Exercise Date, contingent interest provided for in paragraph 5 hereof shall cease to accrue on this Security.