Common use of FATCA Grandfathered Status Clause in Contracts

FATCA Grandfathered Status. Solely for purposes of determining withholding Taxes under FATCA, from and after the Third Amendment Effective Date, the Borrower and the Administrative Agent shall treat (and the New Term Lenders hereby authorize the Administrative Agent to treat) the New 2022 Term Loans as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

FATCA Grandfathered Status. Solely for purposes of determining withholding Taxes under FATCA, from and after the Third Second Amendment Effective Date, the Borrower and the Administrative Agent shall treat (and the New Term Revolving Lenders and the Incremental Revolving Facility Lenders hereby authorize the Administrative Agent to treat) the New 2022 Term Revolving Loans as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

FATCA Grandfathered Status. Solely for purposes of determining withholding Taxes under FATCA, from and after the Third Fourth Amendment Effective Date, the Borrower and the Administrative Agent shall treat (and the New Term Lenders each Extending Lender hereby authorize authorizes the Administrative Agent to treat) the New 2022 Extended Term Loans Loan established hereby as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

FATCA Grandfathered Status. Solely for purposes of determining withholding Taxes under FATCA, from and after the Third Fourth Amendment Effective Date, the Borrower and the Administrative Agent shall treat (and the New Repriced 2022 Term Lenders hereby authorize the Administrative Agent to treat) the New Repriced 2022 Term Loans as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

FATCA Grandfathered Status. Solely for purposes of determining withholding Taxes under FATCA, from and after the Third Second Amendment Effective Date, the Borrower and the Administrative Agent shall treat (and the New Extended 2023 Term Lenders hereby authorize the Administrative Agent to treat) the New 2022 Extended 2023 Term Loans as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).