Portfolio Interest Exemption has the meaning specified in Section 3.01(e)(B)(iii).
Portfolio Interest Exemption as defined in Section 3.10.
Portfolio Interest Exemption as defined in Section 2.19(d).
Examples of Portfolio Interest Exemption in a sentence
Portfolio Interest Exemption (for Holders That Are Not U.S. Persons for U.S. Federal Income Tax Purposes) Under U.S. federal income tax law, a Holder that disposes of Outstanding Notes for Cash Consideration and is otherwise not eligible to provide an IRS Form W-9 may claim an exemption from U.S. withholding tax on payments or deliveries attributable to accrued and unpaid interest.
More Definitions of Portfolio Interest Exemption
Portfolio Interest Exemption shall have the meaning set forth in Section 2.16(g)(iv).
Portfolio Interest Exemption means the exemption from U.S. tax under Section 871(h) or Section 881(c) of the Internal Revenue Code.
Portfolio Interest Exemption shall also furnish a United States Tax Compliance Certificate to the effect that such Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Tax Code, a “10 percent shareholder” of Borrower within the meaning of Section 871(h)(3)(B) of the Tax Code, or a “controlled foreign corporation” related to Parent Borrower as described in Section 881(c)(3)(C) of the Tax Code, together with a Form W-8BEN (or W-8BEN-E or successor form). Notwithstanding any other provision of this Section 2.20(d), a Foreign Lender shall not be required to deliver any form pursuant to this Section 2.20(d) that such Foreign Lender is not legally able to deliver.
Portfolio Interest Exemption as defined in Section 4.10(e). “Pound Sterling”: the lawful currency of the United Kingdom. “primary obligations”: as defined in the definition of “Guarantee Obligation”. “primary obligor”: as defined in the definition of “Guarantee Obligation”. “Prime Rate”: the rate of interest per annum determined from time to time by Xxxxx Fargo as its prime rate in effect at its principal office in New York City and notified to the Borrower, which rate is determined in good faith and applies generally to similarly situated borrowers. The prime rate is a rate set by Xxxxx Fargo based upon various factors including Xxxxx Fargo’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such rate. “Projections”: as defined in Section 7.2(b). “Properties”: as defined in Section 5.17(a). “Property”: any right or interest in or to property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible, including, without limitation, Capital Stock. “PTE”: a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. 26
Portfolio Interest Exemption as defined in Section 3.10. NYDOCS02/1101669.11101669.12 [NEWYORK 3267283_1] -32-
Portfolio Interest Exemption as defined in Section 4.10(e). “Pound Sterling”: the lawful currency of the United Kingdom. “primary obligations”: as defined in the definition of “Guarantee Obligation”. “primary obligor”: as defined in the definition of “Guarantee Obligation”. 28
Portfolio Interest Exemption means an exemption from U.S. tax for certain “portfolio interest” under the U.S. Tax Code.