Common use of Calculation of Original Issue Discount Clause in Contracts

Calculation of Original Issue Discount. The Company shall promptly, at the end of each calendar year, calculate the Original Issue Discount accrued on Outstanding Securities as of the end of such year and shall determine whether the amount of Original Issue Discount qualifies for the de minimis exception rule as set forth in Section 1273(a)(3) of the Internal Revenue Code of 1986, as amended from time to time, and the Treasury Regulations promulgated thereunder. If such calculated amount does not qualify for the de minimis exception rule, then the Company shall subsequently file with the Trustee no later than January 15th of each calendar year (a) a written notice specifying the amount of Original Issue Discount (including daily rates and accrual periods) accrued on Outstanding Securities as of the end of such year and (b) such other specific information relating to such Original Issue Discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time, and the Treasury Regulations promulgated thereunder.

Calculation of Original Issue Discount. The Company shallParent Guarantor shall promptly, at the end of each calendar year, calculate the Original Issue Discount original issue discount accrued on Outstanding Securities as of the end of such year and shall determine whether the amount of Original Issue Discount original issue discount qualifies for the de minimis exception rule as set forth in Section 1273(a)(3) of the Internal Revenue Code of 1986, as amended from time to time, and the Treasury Regulations promulgated thereunder. If such calculated amount does not qualify for the de minimis exception rule, then the Company Parent Guarantor shall subsequently file with the Trustee no promptly at the endno later than January 15th of each calendar year (ai) a written notice specifying the amount of Original Issue Discount original issue discount (including daily rates and accrual periods) accrued on Outstanding Securities as of the end of such year and (bii) such other specific information relating to such Original Issue Discount original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time, timeCode and the Treasury Regulations promulgated thereunder.

Calculation of Original Issue Discount. The Company CompanyParent Guarantor shall promptly, at the end of each calendar year, calculate the Original Issue Discount original issue discount accrued on Outstanding Securities as of the end of such year and shall determine whether the amount of Original Issue Discount original issue discount qualifies for the de minimis exception rule as set forth in Section 1273(a)(3) of the Internal Revenue Code of 1986, as amended from time to time, and the Treasury Regulations promulgated thereunder. If such calculated amount does not qualify for the de minimis exception rule, then the Company CompanyParent Guarantor shall subsequently file with the Trustee no later than January 15th of each calendar year (ai) a written notice specifying the amount of Original Issue Discount original issue discount (including daily rates and accrual periods) accrued on Outstanding Securities as of the end of such year and (bii) such other specific information relating to such Original Issue Discount original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time, and the Treasury Regulations promulgated thereunder.

Calculation of Original Issue Discount. The Company shall promptly, at the end of each calendar year, calculate the Original Issue Discount original issue discount accrued on Outstanding Securities as of the end of such year and shall determine whether the amount of Original Issue Discount original issue discount qualifies for the de minimis exception rule as set forth in Section 1273(a)(3) of the Internal Revenue Code of 1986, as amended from time to time, and the Treasury Regulations promulgated thereunder. If such calculated amount does not qualify for the de minimis exception rule, then the Company shall subsequently file with the Trustee no later than January 15th of each calendar year (ai) a written notice specifying the amount of Original Issue Discount original issue discount (including daily rates and accrual periods) accrued on Outstanding Securities as of the end of such year and (bii) such other specific information relating to such Original Issue Discount original issue discount as may then be relevant under the Internal Revenue Code of 1986, as amended from time to time, and the Treasury Regulations promulgated thereunder.