Common use of Adverse Tax Consequences Clause in Contracts

Adverse Tax Consequences. No Originator shall take or permit to be taken any action (other than with respect to actions taken or to be taken solely by a Governmental Authority), or fail or neglect to perform, keep or observe any of its obligations hereunder or under the other Related Documents, that would have the effect directly or indirectly of subjecting any payment to Buyer, or to any assignee who is a resident of the United States of America, to withholding taxation.

Appears in 12 contracts

Samples: Funding Agreement (Td Synnex Corp), Receivables Sale and Servicing Agreement (Rexnord Corp), Receivables Sale and Servicing Agreement (Td Synnex Corp)

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Adverse Tax Consequences. No Originator shall take or permit to be taken any action (other than with respect to actions taken or to be taken solely by a Governmental Authority), or fail or neglect to perform, keep or observe any of its obligations hereunder or under the other Related Documents, that would have the effect directly or indirectly of subjecting any payment to Buyer, MRFC or to any assignee who is a resident of the United States of America, Purchaser to withholding taxation.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Metaldyne Corp)

Adverse Tax Consequences. No Originator shall take or permit to be taken any action (other than with respect to actions taken or to be taken solely by a Governmental Authority), or fail or neglect to perform, keep or observe any of its obligations hereunder or under the other Related Documents, that would have the effect directly or indirectly of subjecting any payment to BuyerCRLLC, the Purchaser or to any assignee holders of the Commercial Paper who is a resident are residents of the United States of America, America to withholding taxation.. (j)

Appears in 1 contract

Samples: 115 (Cone Mills Corp)

Adverse Tax Consequences. No Such Originator shall not take or permit to be taken any action (other than with respect to actions taken or to be taken solely by a Governmental Authority), or fail or neglect to perform, keep or observe any of its obligations hereunder or under the other Related Documents, that would have the effect directly or indirectly of subjecting any payment to its Related Buyer, or to any assignee who is a resident of the United States of America, to withholding taxation.. Amended and Restated Receivables Sale Agreement

Appears in 1 contract

Samples: Receivables Sale Agreement (Univision Holdings, Inc.)

Adverse Tax Consequences. No The Originator shall not take or permit to be taken any action (other than with respect to actions taken or to be taken solely by a Governmental Authority), or fail or neglect to perform, keep or observe any of its obligations hereunder or under the other Related Documents, that would have the effect directly or indirectly of subjecting any payment to BuyerSFC, the Purchaser or to any assignee holders of the Commercial Paper who is a resident are residents of the United States of America, America to withholding taxation.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Synnex Information Technologies Inc)

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Adverse Tax Consequences. No Originator shall take or permit to be taken any action (other than with respect to actions taken or to be taken solely by a Governmental Authority), or fail or neglect to perform, keep or observe any of its obligations hereunder or under the other Related Documents, that would have the effect directly or indirectly of subjecting any payment to Buyer, any Purchaser or to any assignee holders of the Commercial Paper who is a resident are residents of the United States of America, America to withholding taxation.

Appears in 1 contract

Samples: Receivables Sale Agreement (Daisy Parts Inc)

Adverse Tax Consequences. No The Parent and the Originator shall not take or permit to be taken any action (other than with respect to actions taken or to be taken solely by a Governmental Authority), or fail or neglect to perform, keep or observe any of its obligations hereunder or under the other Related Documents, that would have the effect effect, directly or indirectly indirectly, of subjecting any payment to Buyer, any Purchaser or to any assignee holders of the Commercial Paper who is a resident are residents of the United States of America, America to withholding taxation.

Appears in 1 contract

Samples: Receivables Purchase and Contribution Agreement (Advancepcs)

Adverse Tax Consequences. No Originator shall take or permit to be taken any action (other than with respect to actions taken or to be taken solely by a Governmental Authority), or fail or neglect to perform, keep or observe any of its obligations hereunder or under the other Related Documents, that would have the effect directly or indirectly of subjecting any payment to Buyer, or to any assignee Lender who is a resident are residents of the United States of America, America to withholding taxation.

Appears in 1 contract

Samples: Originator Support Agreement (Ak Steel Holding Corp)

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