Common use of GOVERNMENT REPORTING REQUIREMENTS Clause in Contracts

GOVERNMENT REPORTING REQUIREMENTS. SELLER and BUYER shall execute and deliver as directed or as deemed necessary by SELLER'S attorney, any instrument, affidavit and statement, or to perform any act reasonably necessary to carry out the provisions and regulations of the Foreign Investment in Real Property Act, the Internal Revenue Service, and the Illinois Department of Revenue as required to report this transaction to the proper governmental agencies. SELLER states that SELLER is not a foreign person within the meaning of Section 1445 of the Internal Revenue Code.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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