Common use of Backup Federal Income Tax Withholding Clause in Contracts

Backup Federal Income Tax Withholding. To prevent the possible application of 31% backup federal income tax withholding with respect to payment of the Offer Price for Units purchased pursuant to the Offer, a tendering Unit holder must provide the Depositary with such Unit holder’s correct taxpayer identification number and make certain certifications that such Unit holder is not subject to backup federal income tax withholding. Each tendering Unit holder must insert in the Assignment Form the Unit holder’s taxpayer identification number or social security number in the space provided on the front of the Assignment Form. The Assignment Form also includes a substitute Form W-9, which contains the certifications referred to above. (See the Instructions to the Assignment Form.) FIRPTA Withholding. To prevent the withholding of federal income tax in an amount equal to 10% of the sum of the Offer Price plus the amount of Company liabilities allocable to each Unit tendered, each Unit holder must complete the FIRPTA Affidavit included in the Assignment Form certifying such Unit holder’s taxpayer identification number and address and that the Unit holder is not a foreign person. (See the Instructions to the Assignment Form and “Section 6. Certain Federal Income Tax Consequences.”)

Appears in 8 contracts

Samples: Mackenzie Capital Management, Lp, Mackenzie Capital Management, Lp, Mackenzie Capital Management, Lp

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Backup Federal Income Tax Withholding. To prevent the possible application of 31% backup federal income tax withholding with respect to payment of the Offer Price for Units purchased pursuant to the Offer, a tendering Unit holder must provide the Depositary with such Unit holder’s correct taxpayer identification number and make certain certifications that such Unit holder is not subject to backup federal income tax withholding. Each tendering Unit holder must insert in the Assignment Form the Unit holder’s taxpayer identification number or social security number in the space provided on the front of the Assignment Form. The Assignment Form also includes a substitute Form W-9, which contains the certifications referred to above. (See the Instructions to the Assignment Form.) FIRPTA Withholding. To prevent the withholding of federal income tax in an amount equal to 10% of the sum of the Offer Price plus the amount of Company Partnership liabilities allocable to each Unit tendered, each Unit holder must complete the FIRPTA Affidavit included in the Assignment Form certifying such Unit holder’s taxpayer identification number and address and that the Unit holder is not a foreign person. (See the Instructions to the Assignment Form and “Section 6. Certain Federal Income Tax Consequences.”)

Appears in 2 contracts

Samples: Mackenzie Patterson Fuller, Lp, Mackenzie Patterson Fuller, Lp

Backup Federal Income Tax Withholding. To prevent the possible application of 31% backup federal income tax withholding with respect to payment of the Offer Price for Units purchased pursuant to the Offer, a tendering Unit holder must provide the Depositary with such Unit holder’s 's correct taxpayer identification number and make certain certifications that such Unit holder is not subject to backup federal income tax withholding. Each tendering Unit holder must insert in the Assignment Form Letter of Transmittal the Unit holder’s 's taxpayer identification number or social security number in the space provided on the front of the Assignment FormLetter of Transmittal. The Assignment Form Letter of Transmittal also includes a substitute Form W-9, which contains the certifications referred to above. (See the Instructions to the Assignment FormLetter of Transmittal.) FIRPTA Withholding. To prevent the withholding of federal income tax in an amount equal to 10% of the sum of the Offer Price plus the amount of Company Partnership liabilities allocable to each Unit tendered, each Unit holder must complete the FIRPTA Affidavit included in the Assignment Form Letter of Transmittal certifying such Unit holder’s 's taxpayer identification number and address and that the Unit holder is not a foreign person. (See the Instructions to the Assignment Form Letter of Transmittal and "Section 6. Certain Federal Income Tax Consequences.")

Appears in 1 contract

Samples: Mackenzie Patterson Fuller, Lp

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Backup Federal Income Tax Withholding. To prevent the possible application of 31% backup federal income tax withholding with respect to payment of the Offer Price for Units purchased pursuant to the Offer, a tendering Unit holder Unitholder must provide the Depositary with such Unit holderUnitholder’s correct taxpayer identification number and make certain certifications that such Unit holder Unitholder is not subject to backup federal income tax withholding. Each tendering Unit holder Unitholder must insert in the Assignment Form the Unit holderUnitholder’s taxpayer identification number or social security number in the space provided on the front of the Assignment Form. The Assignment Form also includes a substitute Form W-9, which contains the certifications referred to above. (See the Instructions to the Assignment Form.) FIRPTA Withholding. To prevent the withholding of federal income tax in an amount equal to 10% of the sum of the Offer Price plus the amount of Company liabilities allocable to each Unit tendered, each Unit holder Unitholder must complete the FIRPTA Affidavit included in the Assignment Form certifying such Unit holderUnitholder’s taxpayer identification number and address and that the Unit holder Unitholder is not a foreign person. (See the Instructions to the Assignment Form and “Section 6. Certain Federal Income Tax Consequences.”)

Appears in 1 contract

Samples: Mackenzie Patterson Fuller, Lp

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