Common use of Reporting Person Clause in Contracts

Reporting Person. Sellers and Purchaser hereby designate Escrow Agent as the “Reporting Person” as such term is utilized in Section 6045 of the Code. Purchaser agrees to provide Escrow Agent with such information as may be required for the Escrow Agent to file a Form 1099 or other required form relative to the Closing with the Internal Revenue Service. Escrow Agent must provide a copy of the filed Form 1099 or other filed form to Sellers and Purchaser simultaneously with its being provided to the Internal Revenue Service.

Appears in 4 contracts

Samples: Purchase and Sale Agreement Pilot Hill, Purchase and Sale Agreement, Purchase and Sale Agreement

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Reporting Person. Sellers Seller and Purchaser hereby designate Escrow Agent as the “Reporting Person” as such term is utilized in Section 6045 of the Code. Purchaser agrees to provide Escrow Agent with such information as may be required for the Escrow Agent to file a Form 1099 or other required form relative to the Closing with the Internal Revenue Service. Escrow Agent must provide a copy of the filed Form 1099 or other filed form to Sellers Seller and Purchaser simultaneously with its being provided to the Internal Revenue Service.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Reporting Person. Sellers Seller and Purchaser hereby designate Escrow Agent as the "Reporting Person" as such term is utilized in Section 6045 of the Code. Purchaser agrees to provide Escrow Agent with such information as may be required for the Escrow Agent to file a Form 1099 or other required form relative to the Closing with the Internal Revenue Service. Escrow Agent must provide a copy of the filed Form 1099 or other filed form to Sellers Seller and Purchaser simultaneously with its being provided to the Internal Revenue Service.

Appears in 1 contract

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

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