Fungibility. Each of the parties intend to treat the 2023 Refinancing-Incremental Term Loans as a single fungible tranche for U.S. federal income tax purposes.
Appears in 1 contract
Sources: Term Loan and Security Agreement (DXP Enterprises Inc)
Fungibility. Each of the parties intend to treat the 2023 Refinancing-Incremental Term Loans and the 2024 Incremental Term Loans as a single fungible tranche for U.S. federal income tax purposes.
Appears in 1 contract
Sources: Term Loan and Security Agreement (DXP Enterprises Inc)
Fungibility. Each of the parties intend to treat the 2023 Refinancing-Incremental Term Loans, the 2024 Incremental Term Loans and the 2025 Incremental Term Loans as a single fungible tranche for U.S. federal income tax purposes.
Appears in 1 contract
Sources: Amendment No. 4 and Joinder Agreement to Term Loan and Security Agreement (DXP Enterprises Inc)