FATCA Event definition
FATCA Event means, with respect to any Class evidenced by a Global Note, that (a) DTC, Euroclear or Clearstream, as applicable, has not provided the appropriate identifying information, has not entered into or maintained an agreement with the IRS or, as applicable, has not complied with the relevant intergovernmental agreement to implement FATCA, as the case may be, sufficient to permit the Issuer to enter into or maintain an Effective FATCA Agreement (or as applicable, comply with the relevant intergovernmental agreement to implement FATCA) without the Issuer obtaining or providing to the IRS information (other than information that is directly or indirectly given to the Issuer by such agencies) regarding the beneficial owner or holder of such Class of Notes and to make payment to DTC, Euroclear and Clearstream, as the case may be, with respect to such Class of Notes without the imposition of withholding tax on DTC, Euroclear or Clearstream under Code section 1471(b)(1)(D) and (b) as a result the Issuer will be subject to withholding tax on or before the next Payment Date under Code section 1471 or 1472 or be required to withhold tax on payments to DTC, Euroclear or Clearstream under Code section 1471(b)(1)(D).
FATCA Event has the meaning given to it in Clause 8.11;
FATCA Event has the meaning assigned to it in Clause 7.5 (Mandatory repayment and cancellation of FATCA Protected Lender).
More Definitions of FATCA Event
FATCA Event means, with respect to any Class evidenced by a Global Note, that
FATCA Event means, with respect to any Class evidenced by a Global Note, that (a) as of December 31, 2013, or thereafter, DTC, Euroclear or Clearstream, as applicable, has not provided the appropriate identifying information, has not entered into or maintained an agreement with the IRS or, as applicable, has not complied with the relevant intergovernmental agreement to implement FATCA, as the case may be, sufficient to permit the Issuer to enter into or maintain an Effective FATCA Agreement (or as applicable, comply with the relevant