Common use of Non-Foreign Status Clause in Contracts

Non-Foreign Status. Seller is not a "foreign person" as that term is defined in the Internal Revenue Code of 1986, as amended, and the regulations promulgated pursuant thereto, and Buyer has no obligation under the Internal Revenue Code Section 1445 to withhold and pay over to the Internal Revenue Service any part of the "amount realized" by Seller in the transaction contemplated hereby (as such term is defined in the regulations issued under Internal Revenue Code Section 1445).

Appears in 14 contracts

Samples: Purchase and Sale Agreement (Conam Realty Investors 5 L P), Purchase and Sale Agreement (Conam Realty Investors 2 L P), Purchase and Sale Agreement (Conam Realty Investors 4 L P)

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Non-Foreign Status. Seller is not a "foreign person" as that term is defined in the Internal Revenue Code of 1986, as amended, amended and the regulations Regulations promulgated pursuant thereto, and Buyer has no obligation under the Internal Revenue Code Section 1445 to withhold and pay over to the Internal Revenue Service any part of the "amount realized" by Seller in the transaction contemplated hereby (as such term is defined in the regulations issued under Internal Revenue Code Section 1445).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Universal Electronics Inc), Purchase and Sale Agreement (Inland Western Retail Real Estate Trust Inc)

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Non-Foreign Status. The Seller is not a "foreign person" as that term is defined in Section1445 of the Internal Revenue Code of 1986, as amended, and the regulations Regulations promulgated pursuant thereto, and the Buyer has no obligation under the Internal Revenue Code Section 1445 to withhold and pay over to the Internal Revenue Service any part of the "amount realized" by the Seller in the transaction contemplated hereby (as such term is defined in the regulations Regulations issued under Internal Revenue Code Section 1445said Section).

Appears in 1 contract

Samples: Purchase and Sale Agreement

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