Assertion: debt instrument | /r/CapableOf | provide for option
Facets:
value: merely
type: MANNER
value: into cash
type: OTHER
value: in an amount
type: OTHER
value: into other property
type: TRANSITIVE-OBJECT
Source sentences:
text: A debt instrument does not provide for contingent payments merely because it provides for an option to convert the debt instrument into the stock of the issuer, into the stock or debt of a related party (within the meaning of section 267(b) or 707(b)(1)), or into cash or other property in an amount equal to the approximate value of such stock or debt.
text: Instead, by providing that "a debt instrument does not provide for contingent payments merely because it provides for an option to convert the debt instrument into the stock of the issuer ,"34 the structure of the regulations implies that a conversion feature is a contingency, but if it is the only contingency, the instrument is exempted from the CPDI rules.