Common use of Tax Reporting Assistance Clause in Contracts

Tax Reporting Assistance. The Borrower shall use commercially reasonable efforts to assist any Lender with information reasonably necessary in the computation of accruals with respect to any “original issue discount” with respect to the Loan for U.S. federal income tax purposes.

Appears in 5 contracts

Samples: Credit Agreement (Oportun Financial Corp), Credit Agreement (Prosper Funding LLC), Credit Agreement (Prosper Funding LLC)

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Tax Reporting Assistance. The Borrower shall use commercially reasonable efforts to assist any Lender with information reasonably necessary (i) in the computation of accruals with respect to any “original issue discount” or “market discount” arising with respect to the Loan Term Loans for U.S. federal income tax purposes, and (ii) with its compliance with any associated tax reporting or filing requirements of such Lender or its partners, members or beneficial owners.

Appears in 3 contracts

Samples: Loan Agreement (ImmunoGen, Inc.), Loan Agreement (UroGen Pharma Ltd.), Loan Agreement (UroGen Pharma Ltd.)

Tax Reporting Assistance. The Borrower shall use commercially reasonable efforts to assist any Lender with information reasonably necessary (i) in the computation of accruals with respect to any “original issue discount” or “market discount” arising with respect to the Loan Term Loans for U.S. federal income tax purposes, and (ii) with its compliance with any associated tax reporting or filing requirements of such Lender or its partners, members or beneficial owners.

Appears in 1 contract

Samples: Loan Agreement

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Tax Reporting Assistance. The Borrower shall use commercially reasonable best efforts to assist any Lender with information reasonably necessary (i) in the computation of accruals with respect to any “original issue discount” or “market discount” arising with respect to the Loan Term Loans for U.S. federal income tax purposes, and (ii) with its compliance with any associated tax reporting or filing requirements of such Lender or its partners, members or beneficial owners.

Appears in 1 contract

Samples: Loan Agreement (Reata Pharmaceuticals Inc)

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