Common use of Reportable Transaction Clause in Contracts

Reportable Transaction. The Borrowers do not intend to treat the Advances and the other transactions contemplated hereby as being a "reportable transaction" (within the meaning of Treasury Regulation Section 1.6011-4). In the event any Borrower determines to take any action inconsistent with such intention, it will promptly notify the Agent thereof. The Borrowers acknowledge that the Agent and/or one or more of the Lenders may treat its Advances and the other transactions contemplated hereby as part of a transaction that is subject to Treasury Regulation Section 1.6011-4 or Section 301.6112-1, and the Agent and such Lender or Lenders, as applicable, may file such IRS forms or maintain such lists and other records as they may determine is required by such Treasury Regulations.

Appears in 3 contracts

Samples: Execution Copy (Myers Industries Inc), Credit Agreement (Universal Forest Products Inc), Loan Agreement (Myers Industries Inc)

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Reportable Transaction. The Borrowers do Borrower does not intend to treat the Advances and the other transactions contemplated hereby as being a "reportable transaction" (within the meaning of Treasury Regulation Section 1.6011-4). In the event any the Borrower determines to take any action inconsistent with such intention, it will promptly notify the Agent thereof. The Borrowers acknowledge Borrower acknowledges that the Agent and/or one or more of the Lenders may treat its Advances and the other transactions contemplated hereby as part of a transaction that is subject to Treasury Regulation Section 1.6011-4 or Section 301.6112-1, and the Agent and such Lender or Lenders, as applicable, may file such IRS forms or maintain such lists and other records as they may determine is required by such Treasury Regulations.

Appears in 2 contracts

Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Gulf Island Fabrication Inc)

Reportable Transaction. The Borrowers do Borrower does not intend to treat the Advances and the other transactions contemplated hereby as being a "reportable transaction" (within the meaning of Treasury Regulation Section 1.6011-4). In the event any the Borrower determines to take any action inconsistent with such intention, it will promptly notify the Administrative Agent thereof. The Borrowers acknowledge Borrower acknowledges that the Administrative Agent and/or one or more of the Lenders may treat its Advances and the other transactions contemplated hereby as part of a transaction that is subject to Treasury Regulation Section 1.6011-4 or Section 301.6112-1, 1 and the Administrative Agent and such Lender or Lenders, as applicable, may file such IRS forms or maintain such lists and other records as they may determine is required by such Treasury Regulations.

Appears in 2 contracts

Samples: Term Loan Agreement (Duke Realty Limited Partnership/), Term Loan Agreement (Duke Realty Corp)

Reportable Transaction. The Borrowers do Borrower does not intend to treat the Advances and the other related transactions contemplated hereby as being a "reportable transaction" (within the meaning of Treasury Regulation Section 1.6011-4). In the event any the Borrower determines to take any action inconsistent with such intention, it will promptly notify the Agent thereof. The Borrowers acknowledge Borrower acknowledges that the Agent and/or one or more of the Lenders may treat its Advances and the other transactions contemplated hereby as part of a transaction that is subject to Treasury Regulation Section 1.6011-4 or Section 301.6112-1, and the Agent and Agent. Any such Lender or Lenders, as applicable, which reasonably determine to treat its Advances as such a transaction, may file such IRS forms or maintain such lists and other records as they may determine is required by such Treasury Regulations.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Torchmark Corp)

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Reportable Transaction. The Borrowers do Borrower does not intend to treat the Advances Revolving Credit Loans and the other related transactions contemplated hereby as being a "reportable transaction" (within the meaning of Treasury Regulation Section 1.60111.60111-4). In the event any the Borrower determines to take any action inconsistent with such intention, it will promptly notify the Agent thereof. The Borrowers acknowledge Borrower acknowledges that the Agent and/or one or more of the Lenders may treat its Advances and the other transactions contemplated hereby Revolving Credit Loans as part of a transaction that is subject to Treasury Regulation Section 1.6011-4 or Section 301.6112-1, and the Agent and such Lender or Lenders, as applicable, may file such IRS forms or maintain such lists and other records as they may determine is required by such Treasury Regulations.

Appears in 1 contract

Samples: Credit Agreement (Navigators Group Inc)

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