Examples of B-1 Certificates in a sentence
The Indenture Trustee will prepare and make available to each Holder or Beneficial Owner of Class B-1 Certificates tax reporting in accordance with Treasury Regulations section 1.671-5.
Each Class B-1 Certificateholder (and the related Security Owner), by its acquisition of an interest in a Class B-1 Certificate, hereby agrees that, for federal, state, and local income and other tax purposes, to treat the Class B-1 Certificates in part as a limited recourse guarantee contract and in part as an interest-bearing collateral arrangement.
The Issuer may use the facsimile signature of any person who at the date such signature is affixed is an Authorised Signatory of the Issuer as referred to in subclauses 3.2, 3.3 and 3.6 above notwithstanding that at the time of issue of the Temporary Global Note, the Permanent Global Note or any of the Definitive Notes, as the case may be, he may have ceased for any reason to be such an Authorised Signatory.
The Issuer will treat the arrangement pursuant to which the Class B-1 Certificates are created, sold and administered as a grantor trust under subpart E, part I of subchapter J of chapter 1 of subtitle A of the Code.
An armoured vehicle shall be exempted from any requirement of paragraphs 1, 2 or 3 if it can be demonstrated to the satisfaction of the Department that it is impossible for the vehicle to comply on account of its special purpose.
The "B-1 LIBOR Interest Component" for a Payment Date is an amount equal to the product of (i) one-month LIBOR for such Payment Date, (ii) the aggregate Class Principal Balance of the Class B-1 Certificates immediately preceding such Payment Date and (iii) a fraction, the numerator of which is the actual number of days in the related Security Accrual Period and the denominator of which is 360.
The Issuer and the Trustor hereby represent and each Securityholder (and the related Security Owner), by its acquisition of an interest in a Security, hereby acknowledge that each (i) Class of Notes that is a Class of Exchangeable Securities and (ii) Class of Class B-1 Certificates that is a Class of Exchangeable Securities could have been issued pursuant to a separate set of Transaction Documents.
Class of Notes that is a Class of Exchangeable Securities and (ii) Class of Class B-1 Certificates that is a Class of Exchangeable Securities be determined accordingly.
B.(1) Certificates shall be initially issued and renewed annually.
The following are brief synopses of administrative investigations completed and eligible to be reported as sustained investigative matters.