Common use of Treatment of Note Clause in Contracts

Treatment of Note. Obligor will treat, account and report this Note as debt and not equity for accounting and tax (with respect to any returns filed with federal, state, local or foreign tax authorities) purposes.

Appears in 5 contracts

Samples: Letter Agreement (OxySure Systems Inc), Letter Agreement (OxySure Systems Inc), Note Purchase Agreement (OxySure Systems Inc)

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Treatment of Note. Obligor will treat, account and report this Convertible Note as debt and not equity for accounting and tax (with respect to any returns filed with federal, state, local or foreign tax authorities) purposes.

Appears in 4 contracts

Samples: Convertible Note (Smartag International, Inc.), Convertible Note (Smartag International, Inc.), Convertible Note (Smartag International, Inc.)

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Treatment of Note. Obligor will treat, account and report this Note as debt and not equity for accounting and tax (with respect to any returns filed with federal, state, local or foreign tax authorities) purposes.. August 15, 2011

Appears in 1 contract

Samples: Letter Agreement (OxySure Systems Inc)

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