Certain Reporting Requirements Clause Samples
Certain Reporting Requirements. Each Issuing Lender will report in writing to the Administrative Agent (i) on the fifth Business Day prior to the end of each fiscal quarter of the Borrower, the aggregate stated amount of Letters of Credit issued by it and outstanding as of the last Business Day of the preceding week and (ii) on or prior to each Business Day on which an Issuing Lender expects to issue or amend any Letter of Credit, the date of such issuance or amendment and the aggregate stated amount of Letters of Credit to be issued by it and outstanding after giving effect to such issuance or amendment (and such Issuing Lender shall advise the Administrative Agent on such Business Day whether such issuance or amendment occurred and whether the amount thereof changed).
Certain Reporting Requirements. If a U.S. holder that receives Century Next common stock in the merger is considered a "significant holder," such U.S. holder will be required (1) to file a statement with its U.S. federal income tax return providing certain facts pertinent to the merger, including such U.S. holder's tax basis in, and the fair market value of, the ABC common stock surrendered by such U.S. holder, and (2) to retain permanent records of these facts relating to the merger. A "significant holder" is any ABC shareholder that, immediately before the merger, (a) owned at least 1% (by vote or value) of the outstanding stock of ABC, or (b) owned ABC securities with a tax basis of $1.0 million or more.
Certain Reporting Requirements. After the Effective Time, Merger Partner shall cause the Surviving Corporation to comply with the reporting requirements of Section 6038B of the Code and the regulations thereunder.
Certain Reporting Requirements. Certain U.S. Holders may be required to file IRS Form 926, Return by U.S. Transferor of Property to a Foreign Corporation, and IRS Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations, reporting transfers of cash or other property to us and information relating to the U.S. Holder and us. Substantial penalties may be imposed upon a U.S. Holder that fails to comply. See also the discussion regarding Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund, above. In addition, certain U.S. Holders must report information on IRS Form 8938, Statement of Specified Foreign Financial Assets, with respect to their investments in certain “specified foreign financial assets,” which would include an investment in our securities, if the aggregate value of all of those assets exceeds $50,000 on the last day of the taxable year (and in some circumstances, a higher threshold). This reporting requirement applies to individuals and certain U.S. entities.
Certain Reporting Requirements. Purchaser understands that as a result of the purchase of the Shares hereunder, Purchaser may be subject to certain reporting requirements, including without limitation, the filing of reports pursuant to Rule 13d-1 of the Exchange Act, immediately following the Closing. Purchaser agrees to comply with and consult with independent counsel regarding any such obligations.
Certain Reporting Requirements. 34 2.14 Fees and Other Charges, etc.....................................................................34 2.15 Optional Termination or Reduction of Commitments................................................35 2.16
Certain Reporting Requirements. 6465 SECTION 4.
Certain Reporting Requirements. 35 2.14 Fees and Other Charges, etc...................................................................35
Certain Reporting Requirements. Under U.S. federal income tax law, certain categories of U.S. Holders must file information returns with respect to their investment in, or involvement in, a non-U.S. corporation. For example, U.S. return disclosure obligations (and related penalties) are imposed on individuals who are U.S. Holders that hold certain specified foreign financial assets in excess of certain threshold amounts. The definition of "specified foreign financial assets" includes not only financial accounts maintained in non-U.S. financial institutions, but also, if held for investment and not in an account maintained by certain financial institutions, any stock or security issued by a non-U.S. person, any financial instrument or contract that has an issuer or counterparty other than a U.S. person, and any interest in a non-U.S. entity. A U.S. Holder may be subject to these reporting requirements unless such U.S. Holder's shares of our common shares are held in an account at certain financial institutions. Penalties for failure to file certain of these information returns are substantial. U.S. Holders should consult with their own tax advisors regarding the requirements of filing information returns on IRS Form 8938 for specified foreign financial assets, filing obligations relating to the PFIC rules including possible reporting on IRS Form 8621, and any other applicable reporting requirements. A U.S. Holder that acquires common shares generally will be required to file Form 926 with the IRS if (1) immediately after the acquisition such U.S. Holder, directly, indirectly, or by attribution, owns at least 10% of the common shares, or (2) the amount of cash transferred in exchange for common shares during the 12-month period ending on the date of the acquisition exceeds US$100,000. Significant penalties may apply for failing to satisfy these filing requirements. U.S. Holders are urged to contact their tax advisors regarding these filing requirements.
Certain Reporting Requirements. 13 ARTICLE IV COLLECTIONS........................................................................... 13 Section 4.01. [Reserved]....................................................................... 13 Section 4.02. Collections...................................................................... 13 Section 4.03. Application of Collections....................................................... 14 -i- Servicing Agreement TABLE OF CONTENTS PAGE ---- ARTICLE V TERMINATION; TERM..................................................................... 14