Applicable Treasury Regulations definition
Examples of Applicable Treasury Regulations in a sentence
Prior to or concurrently with the execution and delivery of this Agreement, the initial Holders and the Purchase Contract Agent shall (i) cause the Treasury Notes to be transferred to the Collateral Agent by Federal Reserve Bank-Wire to the account of the Collateral Agent and (ii) the Collateral Agent shall credit the Treasury Notes to the Collateral Account; in each case pursuant to Applicable Treasury Regulations and to the Uniform Commercial Code to the extent such laws are applicable.
Concurrently with the execution and delivery of the Securities, the initial Holders and the Purchase Contract Agent shall (i) cause the Treasury Notes to be transferred to the Collateral Agent by Federal Reserve Bank-Wire to the account of the Collateral Agent and (ii) the Collateral Agent shall credit the Treasury Notes to the Collateral Account; in each case pursuant to Applicable Treasury Regulations and to the Uniform Commercial Code to the extent such laws are applicable.
Applicable Treasury Regulations permit you to use accrual periods of any length from one day to one year to compute accruals of OID, provided that the yield to maturity is adjusted to reflect the accrual period selected, and further provided that each scheduled payment of principal or interest occurs either on the first or the last day of an accrual period.
Therefore, the GA SSNs received from AFG in the Initial Exchange may not be fungible for U.S. federal income tax purposes with the GA SSNs received from the Supporting Holders or other outstanding GA SSNs. It is possible that the GA SSNs could be treated as “contingent payment debt instruments”, within the meaning of the Applicable Treasury Regulations.
Applicable Treasury Regulations provide for certain safe harbors from treatment as a publicly traded partnership, and Kodiak and Kodiak Services intend to operate such that redemptions or other transfers of OpCo Units qualify for one or more such safe harbors.
Applicable Treasury Regulations relating to allocations of income, gain, loss, deduction, and credit are hereby incorporated into this Agreement by reference and shall control over any conflicting provision of this Agreement.
Incorporated, as representative of the Underwriters, shall cause (i) the Treasury Securities to be credited to an account of the Securities Intermediary at the Federal Reserve Bank of New York by Federal Reserve Bank-Wire and (ii) the Securities Intermediary to credit the Treasury Securities to the Collateral Account, in each case in accordance with Applicable Treasury Regulations and the UCC and pursuant to instructions from the Purchase Contract Agent on behalf of the Holders.