Common use of Non-Foreign Status Affidavit Clause in Contracts

Non-Foreign Status Affidavit. Seller will execute and deliver to Buyer an affidavit or other certification (as permitted by such code) that such party is not a “foreign person” within the meaning of Section 1445 (or similar provisions) of the Internal Revenue Code of 1986 as amended (i.e., such party is not a non resident alien, foreign corporation, foreign partnership, foreign trust or foreign estate as those terms are defined in such code and regulations promulgated thereunder).

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Imperial Petroleum Inc), Purchase and Sale Agreement (Whittier Energy Corp)

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