Common use of For U Clause in Contracts

For U. S. federal income tax purposes, (i) Borrower is a disregarded entity and the Borrower Parent is its sole owner and (ii) Borrower Parent is a U.S. Person.

Appears in 6 contracts

Sources: Credit Agreement (Barings Private Credit Corp), Credit Agreement (Lord Abbett Private Credit Fund), Credit Agreement (Steele Creek Capital Corp)

For U. S. federal income tax purposes, purposes (i) Borrower is a disregarded entity and the Borrower Parent is its sole owner owner, and (ii) Borrower Parent is a U.S. Person.

Appears in 4 contracts

Sources: Credit Agreement (American Capital, LTD), Credit Agreement (American Capital Senior Floating, Ltd.), Credit Agreement (American Capital, LTD)

For U. S. federal income tax purposes, (i) Borrower is a disregarded entity and the Borrower Parent is its sole owner and (ii) Borrower Parent is a U.S. Person.

Appears in 4 contracts

Sources: Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Blackstone Secured Lending Fund)

For U. S. federal income tax purposes, (i) the Borrower is a disregarded entity and the Borrower Parent is its sole owner and (ii) the Borrower Parent is a U.S. Person.

Appears in 2 contracts

Sources: Omnibus Amendment to Loan Documents (Palmer Square Capital BDC Inc.), Credit Agreement (Palmer Square Capital BDC Inc.)

For U. S. federal income tax purposes, purposes (i) Borrower is a disregarded entity and the Borrower Parent is its sole owner owner, and (ii) Borrower Parent is a non-U.S. corporation that is not a U.S. Person.

Appears in 2 contracts

Sources: Credit Agreement (Watford Holdings Ltd.), Credit Agreement (Watford Holdings Ltd.)