No Foreign Persons Sample Clauses

No Foreign Persons. Neither Seller nor its members is a foreign person within the meaning of Sections 897 or 1445 of the Code, nor is Seller a U.S. Real Property Holding Company within the meaning of Section 897 of the Code.
Sample 1Sample 2Sample 3See All (14)
AutoNDA by SimpleDocs
No Foreign Persons. Such Seller is not a foreign person within the meaning of section 1445(b)(2) of the Code.
Sample 1Sample 2
No Foreign Persons. (a) Neither PropCo Seller nor its members is a foreign person within the meaning of Sections 897 or 1445 of the Code, nor is PropCo Seller a U.S. Real Property Holding Company within the meaning of Section 897 of the Code.
Sample 1
No Foreign Persons. Neither Seller is a “foreign person” as such term is described in Section 1445 of the Code.
Sample 1
No Foreign Persons. Neither Seller nor its Manager is a “foreign person” within the meaning of Section 1445 of the Internal Revenue Code of 1986, as amended, or any regulations promulgated thereunder (collectively, the “Code”). Section 5.17 Compliance with Anti-Terrorism and Anti-Money Laundering Laws. Seller is not currently identified on the U.S. Treasury Department Office of Foreign Assets Control (“OFAC”) list of prohibited persons or is a person with whom a citizen of the United States is prohibited from engaging in transactions by any trade embargo, economic sanction or other prohibition of U.S. law, regulation or executive order of the President of the United States. Section 5.18
Sample 1
No Foreign Persons. Neither Seller nor its Manager is a “foreign person” within the meaning of Section 1445 of the Internal Revenue Code of 1986, as amended, or any regulations promulgated thereunder (collectively, the “Code”).
Sample 1
No Foreign Persons. None of the Sellers is a "foreign person" within the meaning of Section 1445(b)(2) of the Code. 10.5
Sample 1
AutoNDA by SimpleDocs
No Foreign Persons. Seller and the Companies are not “foreign persons” within the meaning of Section 1445 of the Code.
Sample 1
No Foreign Persons. No shareholder of the Company is a foreign person ------------------ so that - 24 - Sections 897 and 6039C of the Code apply to any disposition of any asset owned by it.
Sample 1

Related to No Foreign Persons

  • No Foreign Person Borrower is not a "foreign person" within the meaning of Section 1445(f)(3) of the Internal Revenue Code of 1986, as amended and the related Treasury Department regulations, including temporary regulations.

  • Foreign Person Seller is not a “foreign person” as defined in Section 1445 of the Internal Revenue Code of 1986, as amended, and the Income Tax Regulations thereunder.

  • Not a Foreign Person Borrower is not a “foreign person” within the meaning of §1445(f)(3) of the Code.

  • Non-Foreign Person Seller is not a “foreign person” as defined in Section 1445 of the Internal Revenue Code, as amended (the “Code”).

  • Not Foreign Person Borrower is not a “foreign person” within the meaning of §1445(f)(3) of the Code.

  • United States Person 58 VA...........................................................................58

  • No Assignment to Certain Persons No such assignment shall be made to (A) the Borrower or any of the Borrower’s Affiliates or Subsidiaries or (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B).

  • FIRPTA Affidavit A non-foreign affidavit, properly executed and in recordable form, containing such information as is required by IRC Section 1445(b)(2) and its regulations.

  • Non-U.S. Person Any person other than a “United States person” within the meaning of Section 7701(a)(30) of the Code.

  • Exemption from Individual Liability No recourse under or upon any obligation, covenant or agreement of this Indenture, or of any Security, or for any claim based thereon or otherwise in respect thereof, shall be had against any incorporator, shareholder, officer, director or employee, as such, past, present or future, of the Company or of any successor entity, either directly or through the Company, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that this Indenture and the obligations issued hereunder are solely corporate obligations of the Company, and that no such personal liability whatever shall attach to, or is or shall be incurred by, the incorporators, shareholders, officers, directors or employees, as such, of the Company or of any successor entity, or any of them, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom; and that any and all such personal liability, either at common law or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator, shareholder, officer, director or employee, as such, because of the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom, are hereby expressly waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issue of such Securities.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!