Common use of Status of Purchasers Clause in Contracts

Status of Purchasers. (a) Any Purchaser that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Note Document shall deliver to Issuer and Collateral Agent, at the time or times reasonably requested by Issuer or Collateral Agent, such properly completed and executed documentation reasonably requested by Issuer or Collateral Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Purchaser, if reasonably requested by Issuer or Collateral Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by Issuer or Collateral Agent as will enable Issuer or Collateral Agent to determine whether or not such Purchaser is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Sections 7(b)(i), 7(b)(ii) and 7(b)(iv) of this Exhibit C) shall not be required if in the Purchaser’s reasonable judgment such completion, execution or submission would subject such Purchaser to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Purchaser.

Appears in 3 contracts

Samples: Note Purchase and Exchange Agreement (Senseonics Holdings, Inc.), Note Purchase Agreement (5E Advanced Materials, Inc.), Note Purchase Agreement (5E Advanced Materials, Inc.)

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Status of Purchasers. (ai) Any Purchaser that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Note Transaction Document shall deliver to Issuer the Sellers and Collateral the Agent, at the time or times reasonably requested by Issuer a Seller or Collateral the Agent, such properly completed and executed documentation prescribed by applicable law or reasonably requested by Issuer a Seller or Collateral the Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Purchaser, if reasonably requested by Issuer a Seller or Collateral the Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by Issuer such Seller or Collateral the Agent as will enable Issuer such Seller or Collateral the Agent to determine whether or not such Purchaser is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Sections 7(b)(iSection 10.7(f)(ii)(A), 7(b)(ii(ii)(B) and 7(b)(iv(ii)(D) of this Exhibit Cbelow) shall not be required if in the Purchaser’s reasonable judgment such completion, execution or submission would subject such Purchaser to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Purchaser.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

Status of Purchasers. (ai) Any Purchaser that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Note Document shall deliver to Issuer and Collateral Administrative Agent, at the time or times reasonably requested by Issuer or Collateral Administrative Agent, such properly completed and executed documentation reasonably requested by Issuer or Collateral Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Purchaser, if reasonably requested by Issuer or Collateral Administrative Agent, shall deliver such other documentation prescribed by applicable law Law or reasonably requested by Issuer or Collateral Administrative Agent as will enable Issuer or Collateral Administrative Agent to determine whether or not such Purchaser is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two (2) sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Sections 7(b)(i2.20(g)(ii)(A), 7(b)(ii2.20(g)(ii)(B) and 7(b)(iv2.20(g)(ii)(D) of this Exhibit Cbelow) shall not be required if in the Purchaser’s reasonable judgment such completion, execution or submission would subject such Purchaser to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Purchaser.

Appears in 1 contract

Samples: Senior Secured Note Purchase Agreement (Vahanna Tech Edge Acquisition I Corp.)

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Status of Purchasers. (ai) Any Purchaser that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Note Transaction Document shall deliver to Issuer the Issuers and Collateral the Agent, at the time or times reasonably requested by Issuer the Issuers or Collateral the Agent, such properly completed and executed documentation reasonably requested by Issuer the Issuers or Collateral the Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Purchaser, if reasonably requested by Issuer the Issuers or Collateral the Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by Issuer the Issuers or Collateral the Agent as will enable Issuer the Issuers or Collateral the Agent to determine whether or not such Purchaser is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Sections 7(b)(iSection 15.01(a)(ii)(A), 7(b)(ii(ii)(B) and 7(b)(iv(ii)(D) of this Exhibit Cbelow) shall not be required if in the Purchaser’s reasonable judgment such completion, execution or submission would subject such Purchaser to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Purchaser.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement and Security Agreement (Meridian Waste Solutions, Inc.)

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