Reporting of Transaction Sample Clauses

Reporting of Transaction. The Title Company or Seller shall prepare promptly after the Closing, a Form 1099-B with the Internal Revenue Service, if applicable under Section 6045(e)(2) of the Internal Revenue Code, as amended. The Title Company will also prepare the real property transfer declaration required under Colo. Rev. Stat. §00-00-000, as amended from time to time.
AutoNDA by SimpleDocs
Reporting of Transaction. Purchaser will comply with all reporting requirements applicable to the transaction which is the subject of this Agreement which are set forth in any law, statute, ordinance, rule, regulations, order or determination of any governmental authority. Upon request of Seller, Purchaser will furnish Seller evidence of such compliance and Xxxxxxxxx agrees to defend, indemnify and hold Seller harmless against any liability arising because of any failure by Purchaser to meet such requirements.
Reporting of Transaction. The Parties agree to treat the sale of the Company's equity interests as a purchase of all of the assets of the Company and an assumption of all of the liabilities of the Company for U.S. federal and state income tax purposes in accordance with Revenue Ruling 99-6, 1999-1 C.B. 432.
Reporting of Transaction. As the party responsible for closing the transaction contemplated by this Agreement, Escrow Agent will take all steps necessary to report this transaction to the Internal Revenue Service as required by section 6045 of the Internal Revenue Code of 1986. Buyer and Seller will provide Escrow Agent with all documents reasonably required by Escrow Agent to satisfy this reporting requirement. CONFIDENTIAL TREATMENT
Reporting of Transaction. Each of the Parties shall report the Merger on -------------------------- his, her or its respective Tax Returns as a reorganization within the meaning of Sections 368(a)1)(A) and 368(a)(2)(D) of the Code.
Reporting of Transaction. Each of the parties hereto agrees to timely cause to be filed with the appropriate tax and governmental authorities such forms and/or information as is required to properly report this transaction and to comply with any and all reporting requirements. If either Seller or Buyer fails to file the required information and/or forms, such party shall fully indemnify and hold harmless the other party against any damage, including, but not limited to, attorneys' and accountants' fees, as well as costs that result directly or indirectly therefrom.
Reporting of Transaction. The Buyer and Kitchener agree to treat the sale of the Company's equity interests as a purchase of all of the assets of the Company and an assumption of all of the liabilities of the Company for U.S. federal and state income tax purposes in accordance with Revenue Ruling 99-6, 1999-1 C.B. 432.
AutoNDA by SimpleDocs
Reporting of Transaction. The Title Company shall prepare and file, promptly after the Closing, the required forms with the Internal Revenue Service pursuant to Section 6045(e)(2) of the Internal Revenue Code, as amended.
Reporting of Transaction. The Transferee agrees to report and document the transactions hereunder in accordance with such transactions being part of a tax-free exchange under Section 351 of the Code.
Reporting of Transaction. The parties hereto agree to report (for all purposes, including without limitation tax purposes) the transactions contemplated hereby in a manner consistent with the express terms hereof, and the parties agree to cooperate fully with each other to ensure accurate and consistent reporting of such transactions for tax purposes.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!