Common use of Non-Foreign Person Status Clause in Contracts

Non-Foreign Person Status. Debtor is not a “foreign person” within the meaning of the Internal Revenue Code of 1986, as amended (the “Code”), Sections 1445 and 7701; that is, Debtor is not a nonresident alien, foreign corporation, foreign partnership, foreign trust or foreign estate as those terms are defined in the Code and any regulations promulgated thereunder.

Appears in 6 contracts

Samples: Mortgage, Security Agreement (Lilis Energy, Inc.), And Fixture Filing (Recovery Energy, Inc.), Financing Statement and Fixture Filing (Recovery Energy, Inc.)

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