Common use of Seller Not a Foreign Person Clause in Contracts

Seller Not a Foreign Person. Seller is not a foreign person (as that term is defined in the Internal Revenue Code and Income Tax Regulations) and Seller agrees to execute a certification of nonforeign status pursuant to Section 1445 of the Internal Revenue Code prior to Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.)

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Seller Not a Foreign Person. Seller is not a foreign person (as that term is defined in the Internal Revenue Code and Income Tax RegulationsSection 1445(f)(3) and Seller agrees to execute a certification of nonforeign status pursuant to Section 1445 of the Internal Revenue Code prior of 1986, as amended. Seller will deliver to ClosingBuyer at Closing a Certificate of Nonforeign Status, certifying the correctness of this Section 15.1.20.

Appears in 1 contract

Samples: Option and Agreement of Sale (CommunitySouth Bancshares Inc)

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Seller Not a Foreign Person. Seller is not a foreign person person” within the meaning of Sections 4145 and 7701 of the Code (i.e. Seller is not a non-resident alien, foreign corporation, foreign partnership, foreign trust or foreign estate as that term is those terms are defined in the Internal Revenue Code and Income Tax Regulationsregulations promulgated thereunder) and Seller agrees Sellers shall deliver at Closing a Certificate of Non-Foreign Status (Exhibit O) to execute a certification of nonforeign status pursuant to Section 1445 of the Internal Revenue Code prior to Closingcertify such fact.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Black Raven Energy, Inc.)

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