Buyer’s Tax Status. Take or cause any action to be taken that could result in the Buyer becoming treated other than as a disregarded entity within the meaning of U.S. Treasury Regulation § 301.7701-3 that is disregarded as separate from a United States person within the meaning of Section 7701(a)(30) of the Code for U.S. federal income tax purposes without the consent of the Administrative Agent.
Appears in 9 contracts
Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.), Receivables Sale Agreement (C. H. Robinson Worldwide, Inc.), Receivables Sale Agreement (C. H. Robinson Worldwide, Inc.)
Buyer’s Tax Status. Take or cause any action to be taken that could result in would cause the Buyer becoming to (i) be treated other than as than as a “disregarded entity entity” within the meaning of U.S. Treasury Regulation § 301.7701-3 that is disregarded as separate from a United States person within the meaning of Section 7701(a)(30) of the Code U.S. Person for U.S. federal income tax purposes without the consent of the Administrative Agentor (ii) become an association taxable as a corporation or a publicly traded partnership taxable as a corporation for U.S. federal income tax purposes.
Appears in 4 contracts
Samples: Second Tier Purchase and Sale Agreement (Exela Technologies, Inc.), First Tier Receivables Purchase and Sale Agreement (Exela Technologies, Inc.), Loan and Security Agreement (Exela Technologies, Inc.)
