Treatment of Debenture. To the extent permitted by generally accepted accounting principles, the Company will treat, account and report the Debenture as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.
Appears in 2 contracts
Samples: Debenture Purchase Agreement (Biosite Diagnostics Inc), Debenture Purchase Agreement (Biosite Diagnostics Inc)
Treatment of Debenture. To the extent permitted by generally accepted accounting principles, the Company will treat, account and report the this Debenture as debt and not equity for accounting purposes and with respect to any returns filed with federal, state or local tax authorities.
Appears in 2 contracts
Samples: Registration Rights Agreement (Safeguard Health Enterprises Inc), Registration Rights Agreement (Anderson Jack R)
