Common use of Penalty for Failure to Furnish Taxpayer Identification Number Clause in Contracts

Penalty for Failure to Furnish Taxpayer Identification Number. If you fail to furnish your taxpayer identification number to a payer, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to willful neglect.

Appears in 18 contracts

Samples: Letter of Transmittal, Tender Offer Statement, Merger Agreement (WashingtonFirst Bankshares, Inc.)

AutoNDA by SimpleDocs

Penalty for Failure to Furnish Taxpayer Identification Number. If you fail to furnish your taxpayer identification number Taxpayer Identification Number to a payer, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable cause and not to willful neglect.

Appears in 5 contracts

Samples: Exchange Offer (Hyster Overseas Capital Corp LLC), Exchange Offer (Polyone Corp), Exchange Offer (Cole National Group Inc)

AutoNDA by SimpleDocs

Penalty for Failure to Furnish Taxpayer Identification Number. If you fail to furnish your taxpayer identification number to a payer, you are subject to a penalty of $50 for each such failure unless your failure is due to reasonable reason- able cause and not to willful neglect.

Appears in 1 contract

Samples: Tender Offer Statement

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