Common use of Real Estate Reporting Person Clause in Contracts

Real Estate Reporting Person. Escrow Agent is designated the “real estate reporting person” for purposes of section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation.

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (KBS Real Estate Investment Trust III, Inc.), Purchase and Sale Agreement (KBS Real Estate Investment Trust III, Inc.)

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Real Estate Reporting Person. Escrow Agent is designated the “real estate reporting person” for purposes of section 6045 of Title title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation.

Appears in 4 contracts

Samples: Lease Agreement (Facebook Inc), Purchase and Sale Agreement (Applied Micro Circuits Corp), Purchase and Sale Agreement (Montgomery Realty Group Inc)

Real Estate Reporting Person. Escrow Agent is designated the "real estate reporting person" for purposes of section 6045 of Title title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Gsi Lumonics Inc), Purchase and Sale Agreement (Scios Inc), Purchase and Sale Agreement (Montgomery Realty Group Inc)

Real Estate Reporting Person. Escrow Agent is hereby designated the "real estate reporting person" for purposes of section Section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-1.6045 4 and any instructions or settlement statement prepared by Escrow Agent the Title Company shall so provide. Upon the consummation of the transaction contemplated by this AgreementClosing, CBL/OP and Property Owner shall cause Escrow Agent shall to file a Form 1099 information return and send the statement to Seller each party as required under the aforementioned statute and regulation.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (CBL & Associates Properties Inc), Purchase and Sale Agreement (CBL & Associates Properties Inc)

Real Estate Reporting Person. The Escrow Agent is designated the “real estate reporting person” for purposes of section 6045 of Title title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by the Escrow Agent shall will so provide. Upon the consummation of the transaction contemplated by this AgreementTransactions, the Escrow Agent shall will file Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (MSG Entertainment Spinco, Inc.), Membership Interest Purchase Agreement (Madison Square Garden Co)

Real Estate Reporting Person. Escrow Agent is hereby designated the "real estate reporting person" for purposes of section Section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-1.6045 4 and any instructions or settlement statement prepared by Escrow Agent the Title Company shall so provide. Upon the consummation of the transaction contemplated by this AgreementClosing, CBL/OP and Property Owner shall cause Escrow Agent shall to file a Form 1099 information return and send the statement to Seller Contributors as required under the aforementioned statute and regulation.

Appears in 2 contracts

Samples: Contribution Agreement (CBL & Associates Properties Inc), Contribution Agreement (CBL & Associates Properties Inc)

Real Estate Reporting Person. Escrow Agent is hereby designated the “real estate reporting person” for purposes of section Section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this AgreementContract, Escrow Agent shall file the Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation.

Appears in 1 contract

Samples: Contract of Sale (Amerivest Properties Inc)

Real Estate Reporting Person. Escrow Agent is hereby designated the “real estate reporting person” for purposes of section Section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation. The parties shall reasonably cooperate with Escrow Agent in connection with Escrow Agent’s duties as real estate reporting person.

Appears in 1 contract

Samples: Purchase and Sale of Membership Interests Agreement (Parkway Properties Inc)

Real Estate Reporting Person. Escrow Agent is hereby designated the "real estate reporting person" for purposes of section Section 6045 of Title title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall will so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall will file Form 1099 information return and send the statement to Seller as required under the aforementioned foregoing statute and regulation.

Appears in 1 contract

Samples: Purchase and Sale Agreement (AAC Holdings, Inc.)

Real Estate Reporting Person. Escrow Agent is designated the "real estate reporting person" for purposes of section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation.

Appears in 1 contract

Samples: Purchase and Sale Agreement (KBS Strategic Opportunity REIT, Inc.)

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Real Estate Reporting Person. Escrow Agent is designated the "real estate reporting person" for purposes of section Section 6045 of Title title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hines Global REIT, Inc.)

Real Estate Reporting Person. Escrow Agent is hereby designated the “real estate reporting person” for purposes of section Section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement to each Seller as required under the aforementioned statute and regulation. The parties shall reasonably cooperate with Escrow Agent in connection with Escrow Agent’s duties as real estate reporting person.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Parkway Properties Inc)

Real Estate Reporting Person. Escrow Agent is designated the "real estate reporting person" for purposes of section 6045 of Title title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement to Seller as required under the aforementioned statute statutes and regulationregulations.

Appears in 1 contract

Samples: Purchase and Sale Agreement (KSL Recreation Group Inc)

Real Estate Reporting Person. Escrow Agent is hereby designated the "real estate reporting person" for purposes of section Section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file a Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation. Seller and Purchaser shall reasonably cooperate with Escrow Agent in connection with Escrow Agent's duties as real estate reporting person.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Dime Community Bancshares Inc)

Real Estate Reporting Person. Escrow Agent is hereby designated the “real estate reporting person” for purposes of section Section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction contemplated by this Agreement, Escrow Agent shall file a Form 1099 information return and send the statement to Seller as required under the aforementioned statute and regulation. Seller and Purchaser shall reasonably cooperate with Escrow Agent in connection with Escrow Agent’s duties as real estate reporting person.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Dime Community Bancshares Inc)

Real Estate Reporting Person. If an to the extent applicable, Escrow Agent is designated the “real estate reporting person” for purposes of section Section 6045 of Title 26 of the United States Code and Treasury Regulation 1.6045-4 and any instructions or settlement statement prepared by Escrow Agent shall so provide. Upon the consummation of the transaction transactions contemplated by this Agreement, Escrow Agent shall file Form 1099 information return and send the statement statement(s) to Seller Sellers as required under the aforementioned statute and regulation.

Appears in 1 contract

Samples: Purchase Agreement (Gc Net Lease Reit, Inc.)

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