Form 1099. Any information with respect to Seller in connection with the conveyance of the Real Property by Seller to Purchaser required by either (i) IRC Sec. 6045 or Treas. Regs. Sec. 1.6045, or (ii) Treas. Form 1099 or its instructions. If required thereby, the Escrow Agent shall timely (x) prepare and file a Form 1099 in accordance with the provisions of Treas. Regs. Sec. 1.6045, and (y) furnish the Parties with copies.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Developers Diversified Realty Corp), Agreement of Purchase and Sale (Developers Diversified Realty Corp)
Form 1099. Any information with respect to Seller in connection with the conveyance of the [PHASE] Real Property by Seller to Purchaser required by either (i) IRC Sec. 6045 or Treas. Regs. Sec. 1.6045, or (ii) Treas. Form 1099 or its instructions. If required thereby, the Escrow Agent shall timely (x) prepare and file a Form 1099 in accordance with the provisions of Treas. Regs. Sec. 1.6045, and (y) furnish the Parties with copies.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Developers Diversified Realty Corp)