US Tax Obligor definition

US Tax Obligor means (a) a Co-Borrower which is resident for tax purposes in the United States; or (b) a Loan Party some or all of whose payments under the Loan Documents are from sources within the United States for U.S. federal income tax purposes.
US Tax Obligor means (i) a Security Party which is resident for tax purposes in the United States of America; or (ii) a Security Party some or all of whose payments under the Finance Documents are from sources within the United States for US federal income tax purposes;
US Tax Obligor means (a) a Person which is resident for tax purposes in the United States of America; or (b) a Person some or all of whose payments under the Credit Documents are from sources within the United States for U.S. federal income tax purposes.

Examples of US Tax Obligor in a sentence

  • The Borrower shall promptly notify the Agent if any Security Party becomes or ceases to be a FATCA FFI or a US Tax Obligor.

  • The Company shall procure that no Obligor shall become a FATCA FFI or a US Tax Obligor.

  • The Company shall procure that, unless otherwise agreed by all the Finance Parties, no Obligor shall become a FATCA FFI or a US Tax Obligor.

  • Each Obligor shall procure that it shall not (and ensure no Obligor Party will) become a FATCA FFI or a US Tax Obligor.

  • The Borrower shall ensure that it will not become a FATCA FFI or a US Tax Obligor.


More Definitions of US Tax Obligor

US Tax Obligor means an obligor some or all of whose payments under the Financing Documents are from sources within the United States for US federal income tax purposes.
US Tax Obligor means an Obligor which is either (a) a "United States Person" within the meaning of Section 7701(a)(30) of the Code or (b) a person who pays interest under this Agreement that is treated as U.S. source income under the Code.
US Tax Obligor shall have the meaning given to that term in Section 13.20 (Issuer Not a U.S. Tax Obligor).
US Tax Obligor means any Obligor which makes a payment of interest, the receipt of which would be considered to be U.S. source income under Section 861 of the U.S. Code.
US Tax Obligor means a Loan Party some or all of whose payments under the Loan Documents are from sources within the U.S. for U.S. federal income tax purposes.
US Tax Obligor means the Borrower at any time when some or all of its payments under the Finance Documents are from sources within the US for US federal income tax purposes.
US Tax Obligor means the Borrower if: