Common use of Reportable Transaction Clause in Contracts

Reportable Transaction. Neither any Borrower nor any Subsidiary intends to treat the Advances and related transactions as being a “reportable transaction” (within the meaning of Treasury Regulation Section 1.6011-4). In the event any Borrower or any Subsidiary determines to take any action inconsistent with such intention, it will promptly notify the Agent thereof.

Appears in 6 contracts

Samples: Credit Agreement (Kelly Services Inc), Credit Agreement (Kelly Services Inc), Credit Agreement (Kelly Services Inc)

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Reportable Transaction. Neither any Borrower the Company nor any Subsidiary intends to treat the Advances and related transactions as being a "reportable transaction" (within the meaning of Treasury Regulation Section 1.6011-4). In the event any Borrower the Company or any Subsidiary determines to take any action inconsistent with such intention, it will promptly notify the Administrative Agent thereof.

Appears in 2 contracts

Samples: Credit Agreement (Cardinal Health Inc), 364 Day Credit Agreement (Cardinal Health Inc)

Reportable Transaction. Neither any the Borrower nor any Subsidiary intends to treat the Advances and related transactions as being a “reportable transaction” (within the meaning of Treasury Regulation Section 1.6011-4). In the event any the Borrower or any Subsidiary determines to take any action inconsistent with such intention, it will promptly notify the Agent thereof.

Appears in 1 contract

Samples: Credit Agreement (Kelly Services Inc)

Reportable Transaction. Neither any Borrower the Company nor any Subsidiary of its Subsidiaries intends to treat the Advances Advances, Letters of Credit and related transactions as being a "reportable transaction" (within the meaning of Treasury Regulation Section 1.6011-4). In the event any Borrower the Company or any Subsidiary of its Subsidiaries determines to take any action inconsistent with such intention, it will promptly notify the Administration Agent thereof.

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

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Reportable Transaction. Neither any Borrower nor any Subsidiary intends to treat the Advances and related transactions as being a "reportable transaction" (within the meaning of Treasury Regulation Section 1.6011-4). In the event any Borrower or any Subsidiary determines to take any action inconsistent with such intention, it will promptly notify the Agent thereof.

Appears in 1 contract

Samples: Loan Agreement (Kelly Services Inc)

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