Common use of IRS Filings Clause in Contracts

IRS Filings. You shall arrange to comply with all requirements under the tax laws of the United States, including those relating to missing tax identification numbers, and shall file any appropriate reports with the Internal Revenue Service (“IRS”) (e.g., 1099, 1099B, etc.) You may be required to deduct 28% from cash paid in lieu of fractional shares to holders who have not supplied their correct taxpayer identification number or required certification. Such funds will be turned over to the IRS by you.

Appears in 3 contracts

Samples: Exchange Agent Agreement (Ezcorp Inc), Exchange Agent Agreement (Ezcorp Inc), Exchange Agent Agreement (ES Bancshares, Inc.)

AutoNDA by SimpleDocs

IRS Filings. You shall arrange to comply with all requirements under the tax laws of the United States, including those relating to missing tax identification numbers, and shall file any appropriate reports with the Internal Revenue Service ("IRS") (e.g., 1099, 1099B, etc.) You may be required to deduct 28% from cash paid in lieu of fractional shares to holders who have not supplied their correct taxpayer identification number or required certification. Such funds will be turned over to the IRS by you.

Appears in 1 contract

Samples: Exchange Agent Agreement (Aeroflex Inc)

IRS Filings. You shall arrange to comply with all requirements under the tax laws of the United States, including those relating to missing tax identification numbersTax Identification Numbers, and shall file any appropriate reports with the Internal Revenue Service (“IRS”) (e.g.IRS Form 1099B on a constructive receipt basis, 1099, 1099B, etc.) and for all accrued dividends Form 1099DIV on a paid basis. You may be required to deduct 2831% from cash paid in lieu of fractional shares dividend payments to holders who have not supplied their correct taxpayer identification number Taxpayer Identification Number or required certification. Such You will turn over such funds will be turned over to the IRS by youIRS.

Appears in 1 contract

Samples: Agent Agreement (Education Lending Group Inc)

IRS Filings. You shall arrange to comply with all requirements under the tax laws of the United States, including those relating to missing tax identification numbers, and shall file any appropriate reports with the Internal Revenue Service ("IRS") (e.g., 1099, 1099B, etc.) You may be required to deduct 28% from cash paid in lieu of fractional shares to holders who have not supplied their correct taxpayer identification number or required certification. Such funds will be turned over to the IRS by you).

Appears in 1 contract

Samples: Exchange Agent Agreement (Rockwell Medical Technologies Inc)

IRS Filings. You shall arrange to comply with all requirements under the tax laws of the United States, including those relating to missing tax identification numbersTax Identification Numbers and withholding, and shall issue and file any appropriate reports with the Internal Revenue Service ("IRS") reports and forms (e.g., 1099, Forms 1099 and 1099B, etc.) You ). The parties acknowledge that you may be required to deduct 28% withhold (and pay to the IRS) certain amounts from cash paid in lieu of fractional shares and cash dividend payments to holders who have not supplied their correct taxpayer identification number Taxpayer Identification Number or required certification. Such funds will be turned over to the IRS by you.

Appears in 1 contract

Samples: Correctional Services Corp

AutoNDA by SimpleDocs

IRS Filings. You shall arrange to comply with all requirements under the tax laws of the United States, including those relating to missing tax identification numbers, and shall file any appropriate reports with the Internal Revenue Service ("IRS") (e.g., 1099, 1099B, etc.) ). You may be required to deduct 2831% from cash paid in lieu of fractional shares the Cash Amount or Option Amount payable to holders who have not supplied their correct taxpayer identification number or required certification. Such funds will be turned over to the IRS by you.required

Appears in 1 contract

Samples: Exchange Agent Agreement (Herley Industries Inc /New)

IRS Filings. You shall arrange to comply with all requirements under the tax laws of the United States, including those relating to missing tax identification numbers, and shall file any appropriate reports with the Internal Revenue Service ("IRS") (e.g., 1099, 1099B, etc.) You may be required to deduct 2831% from cash paid in lieu of fractional shares to holders Warrantholders who have not supplied their correct taxpayer identification number or required certification. Such funds will be turned over to the IRS by you.

Appears in 1 contract

Samples: Exchange Agent Agreement (Disc Graphics Inc /De/)

IRS Filings. You shall arrange to comply with all requirements under the tax laws of the United States, including those relating to missing tax identification numbers, and shall file any appropriate reports with the Internal Revenue Service ("IRS") (e.g., 1099, 1099B, etc.) You may be required to deduct 2831% from cash paid in lieu of fractional shares to holders who have not supplied their correct taxpayer identification number or required certification. Such funds will be turned over to the IRS by you.

Appears in 1 contract

Samples: Exchange Agent Agreement (Allegro New Media Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.