Common use of DAC6 Clause in Contracts

DAC6. (a) In this Section 5.14, “DAC6” means the Council Directive of 25 May 2018 (2018/822/EU) amending Directive 2011/16/EU. (b) The Borrower shall supply to the Administrative Agent (in sufficient copies for all the Lenders, if the Administrative Agent so requests): (i) promptly upon the making of such analysis or the obtaining of such advice, any analysis made or advice obtained on whether any transaction contemplated by the Loan Documents or any transaction carried out (or to be carried out) in connection with any transaction contemplated by the Loan Documents contains a hallmark as set out in Annex IV of DAC6; and (ii) promptly upon the making of such reporting and to the extent permitted by applicable law and regulation, any reporting made to any governmental or taxation authority by or on behalf of any Loan Party or by any adviser to such Loan Party in relation to DAC6 or any law or regulation which implements DAC6 and any unique identification number issued by any governmental or taxation authority to which any such report has been made (if available).

Appears in 1 contract

Sources: Financing Agreement (BridgeBio Pharma, Inc.)

DAC6. (a) In this Section 5.14Clause 19.8, "DAC6" means the Council Directive of 25 May 2018 (2018/822/EU) amending Directive 2011/16/EU. (b) The Borrower Company shall supply to the Administrative Agent (in sufficient copies for all the Lenders, if the Administrative Agent so requests): (i) promptly upon the making of such analysis or the obtaining of such advice, any analysis made or advice obtained on whether any transaction contemplated by the Loan Transaction Documents or any transaction carried out (or to be carried out) in connection with any transaction contemplated by the Loan Transaction Documents contains a hallmark as set out in Annex IV of DAC6; and (ii) promptly upon the making of such reporting and to the extent permitted by applicable law and regulation, any reporting made to any governmental or taxation authority by or on behalf of any Loan Party member of the Group or by any adviser to such Loan Party member of the Group in relation to DAC6 or any law or regulation which implements DAC6 and any unique identification number issued by any governmental or taxation authority to which any such report has been made (if available).

Appears in 1 contract

Sources: Bridge Facility Agreement

DAC6. (a) In this Section 5.14Clause 19.5 (DAC6), “DAC6” means the Council Directive of 25 May 2018 (2018/822/EU) amending Directive 2011/16/EUEU or any replacement legislation applicable in the United Kingdom. (b) The Borrower Parent Guarantor shall supply to the Administrative Agent (in sufficient copies for all the Lenders, if the Administrative Agent so requests):Lender: (i) promptly upon the making of such analysis or the obtaining of such advice, any analysis made or advice obtained on whether any transaction contemplated by the Loan Transaction Documents or any transaction carried out (or to be carried out) in connection with any transaction contemplated by the Loan Transaction Documents contains a hallmark as set out in Annex IV of DAC6; and (ii) promptly upon the making of such reporting and to the extent permitted by applicable law and regulation, any reporting made to any governmental or taxation authority by or on behalf of any Loan Party member of the Group or by any adviser to such Loan Party member of the Group in relation to DAC6 or any law or regulation which implements DAC6 and any unique identification number issued by any governmental or taxation authority to which any such report has been made (if available).

Appears in 1 contract

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.)

DAC6. (a) In this Section 5.14Clause 20.5 (DAC6), "DAC6" means the Council Directive of 25 May 2018 (2018/822/EU) amending Directive 2011/16/EUEU or any replacement legislation applicable in the United Kingdom. (b) The Borrower Parent Guarantor shall supply to the Administrative Agent (in sufficient copies for all the Lenders, if the Administrative Agent so requests):Lender: (i) promptly upon the making of such analysis or the obtaining of such advice, any analysis made or advice obtained on whether any transaction contemplated by the Loan Transaction Documents or any transaction carried out (or to be carried out) in connection with any transaction contemplated by the Loan Transaction Documents contains a hallmark as set out in Annex IV of DAC6; and (ii) promptly upon the making of such reporting and to the extent permitted by applicable law and regulation, any reporting made to any governmental or taxation authority by or on behalf of any Loan Party member of the Group or by any adviser to such Loan Party member of the Group in relation to DAC6 or any law or regulation which implements DAC6 and any unique identification number issued by any governmental or taxation authority to which any such report has been made (if available).

Appears in 1 contract

Sources: Term Loan Facility (Seanergy Maritime Holdings Corp.)

DAC6. (a) In this Section 5.14Clause 21.11, “DAC6” DAC6 means the Council Directive of 25 May 2018 (2018/822/EU) amending Directive 2011/16/EU. (b) The Borrower Company shall supply to the Administrative Agent (in sufficient copies for all the Lenders, if the Administrative Agent so requests): (i) promptly upon the making of such analysis or the obtaining of such advice, any analysis made or advice obtained on whether any transaction contemplated by the Loan Transaction Documents or any transaction carried out (or to be carried out) in connection with any transaction contemplated by the Loan Transaction Documents contains a hallmark as set out in Annex IV of DAC6; and (ii) promptly upon the making of such reporting and to the extent permitted by applicable law and regulation, any reporting made to any governmental or taxation authority by or on behalf of any Loan Party member of the Group or by any adviser to such Loan Party member of the Group in relation to DAC6 or any law or regulation which implements DAC6 and any unique identification number issued by any governmental or taxation authority to which any such report has been made (if available).

Appears in 1 contract

Sources: Facilities Agreement (StarTek, Inc.)

DAC6. (a) In this Section 5.14Clause 21.6 (DAC6), "DAC6" means the Council Directive of 25 May 2018 (2018/822/EU) amending Directive 2011/16/EUEU or any replacement legislation applicable in the United Kingdom. (b) The Borrower Obligors shall supply to the Administrative Agent (in sufficient copies for all the Lenders, if the Administrative Agent so requests):Lender: (i) promptly upon the making of such analysis or the obtaining of such advice, any analysis made or advice obtained on whether any transaction contemplated by the Loan Transaction Documents or any transaction carried out (or to be carried out) in connection with any transaction contemplated by the Loan Transaction Documents contains a hallmark as set out in Annex IV of DAC6; and (ii) promptly upon the making of such reporting and to the extent permitted by applicable law and regulation, any reporting made to any governmental or taxation authority by or on behalf of any Loan Party member of the Group or by any adviser to such Loan Party member of the Group in relation to DAC6 or any law or regulation which implements DAC6 and any unique identification number issued by any governmental or taxation authority to which any such report has been made (if available).

Appears in 1 contract

Sources: Facility Agreement (Seanergy Maritime Holdings Corp.)