Interest Reporting. From January 1 of the current calendar year through the Closing Date, Seller shall report all interest credited to, interest withheld from, and early withdrawal penalties charged to the Deposits. After the Closing Date and through the end of the calendar year in which the Closing occurs, Purchaser shall report all interest credited to, interest withheld from, and early withdrawal penalties charged to the Deposits. Said reports shall be made to the holders of the Deposits and to the applicable federal and state regulatory agencies.
Interest Reporting. Servicer agrees that interest paid on a mortgage note(s) by mortgagors will be reported to the Internal Revenue Service on Form 1099 (Interest Reporting Form). Servicer understands that failure to report interest paid may result in a $50.00 penalty to Servicer by the IRS.
Interest Reporting. Each Legal Entity and the QI acknowledge and agree that the income earned on funds invested pursuant to the Escrow Agreement will be attributed to Exchangor for income tax purposes.
Interest Reporting. Seller shall report from January 1, 1998 through the Closing Date, and Buyer shall report from the Closing Date through December 31, 1998, all interest credited to, interest premiums paid on, interest withheld from and early withdrawal penalties charged to the Deposits. Such reports shall be made to the holders of accounts relating to Deposits and to the applicable federal and state regulatory agencies.
Interest Reporting. 30 13.12 Withholding.................................................30 13.13 Taxpayer Information........................................31 13.14 Seller's Cooperation........................................31 ARTICLE XIV ........................................................31
Interest Reporting. With respect to the reporting requirements of federal and state tax laws, Seller shall report through the Closing Date, and Buyer shall report from the day after the Closing Date through the end of the calendar year, all interest credited to, interest withheld from and early withdrawal penalties charged to Deposits assumed by Buyer pursuant to this Agreement and all interest paid on Loans purchased by Buyer pursuant to this Agreement. Such reports shall be made to the Customers to whose accounts such reports relate and to the applicable federal and state tax and/or regulatory authorities.
Interest Reporting. You are hereby instructed to report interest on our Long Term Escrow as follows: Print Name % of Interest Signature Print Name % of Interest Signature GENERAL TERMS OF THE ESCROW AGREEMENT
Interest Reporting. Buyer shall report for 2010 all interest credited to, interest withheld from, and early withdrawal penalties charged to the Deposits which are assumed by Buyer under this Agreement. Seller agrees to cooperate with Buyer to permit Buyer to retain Seller’s current reporting service provider (and assume any such contract) (if Buyer elects to do so) and to assist Buyer in the preparation of any such reports or background materials needed for the preparation of any such reports. Said reports shall be made to the holders of these accounts and to the applicable federal and state regulatory agencies.
Interest Reporting. You are hereby instructed to report interest on our Long Term Escrow as follows: Print Name % of Interest Signature Print Name % of Interest Signature Revision 8/10/2022 LONG TERM ESCROW AGREEMENT Please contact our office for a list of current fees YOUR FILE NO.: LONG TERM ESCROW NO.: BUYERS/PAYORS Entity/Trust Name: Name: Name: Address: Address: Phone: Phone: Email: Email: Email Receipts Email Receipts
Interest Reporting. Interest payments will be reported to the IRS under the name and Tax Identification Number of the Account owner designated at Account opening and as set forth on the signature card, application, or other document. It is the responsibility of each Account owner to give the Bank their correct Tax Identification Number. Failure to provide the proper Tax Identification Number may make your Account subject to the assessment of a backup withholding penalty.
