Foreign Person Affidavit Sample Clauses

Foreign Person Affidavit. Seller is not a foreign person as defined in Section 1445 of the Internal Revenue Code.
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Foreign Person Affidavit. In order to induce Buyer to waive the requirement of withholding tax under Section 1445 of the Internal Revenue Code of 1986, as amended, Seller represents and warrants (and will confirm by sworn affidavit delivered at the Closing) that it is not a foreign person for purposes of said Section 1445.
Foreign Person Affidavit. At the Closing, Seller shall execute and deliver to Buyer a sworn affidavit stating that Seller is not a “foreign” person, partnership, corporation, trust or estate (as those terms are defined in Section 1445 of the Internal Revenue Code).
Foreign Person Affidavit. At Closing, Seller shall deliver to Purchaser its affidavit in form acceptable to Purchaser, stating, under penalty of perjury, Seller’s U.S. taxpayer identification number and that Seller is not a foreign person and not a disregarded entity within the meaning of Section 1445 of the Internal Revenue Code.
Foreign Person Affidavit. At the close of escrow, Optionor shall deliver to Optionee an affidavit pursuant to Section 1445 of the Internal Revenue Code of 1986, as amended, sworn to under the penalty of perjury setting forth Optionor's U.S. taxpayer identification number and stating that Optionor is not a foreign person, and is a "United States Person" as defined in the Code. In lieu of furnishing such nonforeign affidavit, Optionor may deliver to Optionee a qualifying statement issued by the United States Treasury, such statement to be in accordance with the rules and provisions as contained in Section 1445 of the Internal Revenue Code.
Foreign Person Affidavit. Seller is not a foreign person for purposes of said IRC Code Section 1445.
Foreign Person Affidavit. LGI De is not a foreign person as defined in Section 1445 of the Internal Revenue Code. 9.1.6
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Foreign Person Affidavit. A sworn statement of Seller made under oath and under penalties of perjury that Seller is not aForeign Person” and containing such information as shall be required by Code Section 1445(b)(2) and the regulations issued thereunder. In the event that Seller is a “foreign person” (as defined in Code Section 1445(f)(3) and the regulations issued thereunder) or in the event that Seller fails or refuses to deliver the Non-Foreign Affidavit required above, or in the event that Buyer receives notice from any Seller-transferor’s agent or Buyer-transferee’s agent (each as defined in Code Section 1445(d) and the regulations issued thereunder) that, or Buyer has actual knowledge that, such affidavit is false, Buyer shall deduct and withhold from the purchase price a tax equal to ten percent (10%) of the purchase price, as required by Code Section 1445. In the event of any such withholding, Seller’s obligation to deliver title hereunder shall not be excused or otherwise affected, Buyer shall remit such amount to and file the required form with the Internal Revenue Service, and Seller in the event of any claimed over-withholding shall be limited solely to an action against the Internal Revenue Service for refund and hereby waives any right of action against Buyer on account of such withholding. If Buyer receives prior to settlement an original of a “qualifying statement” as defined in Code Section 1445(b)(4), the amount of tax withheld shall be reduced by any reduction permitted by such qualifying statement.
Foreign Person Affidavit. An affidavit from Stratford and any other party or parties required pursuant to Section 1445 of the Internal Revenue Code of 1986, as amended, and any regulations relating thereto, stating under penalty of perjury (i) that Stratford is not a "Foreign Person," (ii) the U.S. taxpayer identification number of Stratford and any other party, and (iii) such other information as may be required by any regulations promulgated in connection with said Section 1445.
Foreign Person Affidavit. At the Closing, Xxxxxx shall execute and deliver to Xxxxx a sworn affidavit stating that Xxxxxx is not a “foreign” person, partnership, corporation, trust or estate (as those terms are defined in Section 1445 of the Internal Revenue Code).
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