Loss of FATCA Grandfathering. Solely for purposes of determining withholding Taxes imposed under the Foreign Account Tax Compliance Act (FATCA), from and after the effective date of this Amendment No. 3, the Borrower and the Administrative Agent shall treat (and the Lenders hereby authorize the Administrative Agent to treat) the Loans (including the Term B-2 Loans and the Term B-3 Loans) as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).
Loss of FATCA Grandfathering. From and after the Amendment No. 1 Effective Date, solely for purposes of FATCA, the Borrower and the Administrative Agent shall treat (and the Lenders hereby authorize the Borrower and the Administrative Agent to treat) the Credit Agreement and all Loans made thereunder (including any Loans already outstanding) as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation section 1.1471-2(b)(2)(i).
Loss of FATCA Grandfathering. For purposes of determining withholding Taxes imposed under FATCA, from and after the First Amendment Effective Date (as defined in the First Amendment), the Borrower and the Administrative Agent have treated, and from and after the 2018 Refinancing Amendment Effective Date shall continue to treat (and the Lenders hereby authorize the Administrative Agent to treat), the Loans (including any Revolving Credit Loans and any Swing Line Loans) as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).
Loss of FATCA Grandfathering. The Borrowers have determined that, as a result of this Amendment, neither the Revolving Commitments (nor any Revolving Loans made pursuant thereto) will be “grandfathered obligations” for purposes of FATCA.
Loss of FATCA Grandfathering. From and after the Effective Date, the Borrower, Agents and Lenders shall treat this Agreement and any advances made hereunder as not qualifying as a “grandfathered obligation” within the meaning of United States Treasury Regulation Section 1.1471-2(b)(2)(i).
Loss of FATCA Grandfathering. For purposes of determining withholding Taxes imposed under FATCA, from and after the First Amendment Effective Date (as defined in the First Amendment), the Borrower and the Administrative Agent have treated, and from and after the Fourth Amendment Effective Date shall continue to treat (and the Lenders hereby authorize the Administrative Agent to treat), the Loans (including the Initial Term Loans, any Tranche A Term Loans, any Revolving Credit Loans and any Swing Line Loans) as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).
Loss of FATCA Grandfathering. Solely for purposes of FATCA, from and after the Amendment No. 7 Effective Date, Holdco, the Borrower and the Administrative Agent shall treat (and the Lenders hereby authorize Holdco, the Borrower and Administrative Agent to treat), the Credit Agreement and any Loans made thereunder (including any Loans already outstanding) as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).
Loss of FATCA Grandfathering. For purposes of the Foreign Account Tax Compliance Act (FATCA),from and after the Closing Date, the Company and the Administrative Agent agree to treat (and the Lenders hereby authorize the Administrative Agent to treat) the Amended Credit Agreement and the Loans as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulations Section 1.1471-2(b)(2)(i).
Loss of FATCA Grandfathering. For purposes of FATCA, from and after the Effective Date, the Borrowers and the Agent shall treat (and the Lenders hereby authorize the Agent to treat) the Commitments and the Advances (including any outstanding Advances) as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).
Loss of FATCA Grandfathering. For purposes of FATCA, from and after the Amendment No. 6 Effective Date, the Borrower and the Administrative Agent shall treat (and the Lenders hereby authorize the Administrative Agent to treat) the Loans (including any Revolving Loans) as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i). SELECT MEDICAL CORPORATION, as the Borrower By: /s/ Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx Title: Executive Vice President, General Counsel and Secretary SELECT MEDICAL HOLDINGS CORPORATION By: /s/ Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx Title: Executive Vice President, General Counsel and Secretary EACH OF THE SUBSIDIARIES LISTED ON SCHEDULE I HERETO By: /s/ Xxxxxxx X. Xxxxxx Name: Xxxxxxx X. Xxxxxx Title: Vice President JPMORGAN CHASE BANK, N.A., as Administrative Agent By: /s/ Xxxx Xxx Xxx Name: Xxxx Xxx Xxx Title: Executive Director SCHEDULE I TO AMENDMENT NO. 6 SUBSIDIARY LOAN PARTIES
