Common use of Reportable Transaction Clause in Contracts

Reportable Transaction. The Borrower will notify the Administrative Agent promptly in the event that the Borrower or any other member of the G-I Holdings Tax Group specifically identifies any of the Borrowings or Advances under this Agreement as a "reportable transaction" on Internal Revenue Service Form 8886 filed with the U.S. Federal tax returns for purposes of Sections 6011, 6111 or 6112 of the Internal Revenue Code or the Treasury Regulations promulgated thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Building Materials Manufacturing Corp), Credit Agreement (Building Materials Corp of America)

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Reportable Transaction. The Borrower BMCA will notify the Administrative Agent promptly in the event that the Borrower BMCA or any other member of the G-I Holdings Tax Group specifically identifies any of the Borrowings or Advances under this Agreement as a "β€œreportable transaction" ” on Internal Revenue Service Form 8886 filed with the U.S. Federal tax returns for purposes of Sections 6011, 6111 or 6112 of the Internal Revenue Code or the Treasury Regulations promulgated thereunder.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Building Materials Manufacturing Corp), Revolving Credit Agreement (BMCA Acquisition Sub Inc.)

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