Tax Classification. For as long as the Notes are outstanding, the Issuer shall not take any action, or fail to take any action, that would cause the Issuer to not remain classified, for federal income tax purposes, as a disregarded entity or a partnership that is not classified as a publicly traded partnership.
Appears in 11 contracts
Sources: Indenture and Servicing Agreement (Wyndham Worldwide Corp), Indenture and Servicing Agreement (Cendant Corp), Indenture and Servicing Agreement (Cendant Corp)
Tax Classification. For The Issuer shall, for as long as the Series 2008-A Notes are outstanding, the Issuer shall not take any action, or fail to take any action, that would cause the Issuer not to not remain classified, for federal income tax purposes, as a disregarded entity or a partnership that is not classified as a publicly traded partnership.
Appears in 6 contracts
Sources: Amended and Restated Indenture and Servicing Agreement (Travel & Leisure Co.), Amended and Restated Indenture and Servicing Agreement (Travel & Leisure Co.), Indenture and Servicing Agreement (Travel & Leisure Co.)
Tax Classification. For as long as the Notes are outstanding, the Issuer shall not take any action, or fail to take any action, that would cause the Issuer to not remain classified, for federal Federal income tax purposes, as a disregarded entity or a partnership that is not classified as a publicly traded partnership.
Appears in 1 contract
Tax Classification. For The Issuer shall, for as long as the Series 2017-A Notes are outstanding, the Issuer shall not take any action, or fail to take any action, that would cause the Issuer not to not remain classified, for federal income tax purposes, as a disregarded entity or a partnership that is not classified as a publicly traded partnership.
Appears in 1 contract
Sources: Indenture and Servicing Agreement (Wyndham Worldwide Corp)