Examples of Class B-1 Certificate in a sentence
Each Securityholder of a Class B-1 Certificate or beneficial interest therein will represent or will be deemed to represent and warrant that it is not a Benefit Plan Investor.
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.
Additionally, notransfer of a Class B-1 Certificate in Definitive Form (whether as a Rule 144A Security or a Regulation S Security) will be made to any Person or be effective unless the Registrar and the Indenture Trustee have received an affidavit from the transferee in the form of Exhibit M-3 hereto, certifying that the transferee is not a Benefit Plan Investor.
Additionally, no transfer of a Class B-1 Certificate in Definitive Form will be made to any Person or be effective unless the Registrar and the Indenture Trustee have received an affidavit from the transferee in the form of Exhibit M-3 hereto, certifying that the transferee is not a Benefit Plan Investor.
The Issuer and each Holder of a Class B-1 Certificate, by acceptance of a Class B-1 Certificate, will agree to treat the Class B-1 Certificates in part as a limited recourse guarantee contract and in part as an interest-bearing collateral arrangement for U.S. federal income tax purposes.