Common use of Tax Reporting Matters Clause in Contracts

Tax Reporting Matters. The Acquirer and the Shareholders' Agent on behalf of the Shareholders agree to provide the Escrow Agent with certified tax identification numbers for each of them by furnishing appropriate forms W-9 (or Forms W-8, in the case of non-U.S. persons) and other forms and documents that the Escrow Agent may reasonably request (collectively, "Tax Reporting Documentation") to the Escrow Agent within 30 days, after the date hereof. The parties hereto understand that, if such Tax Reporting Documentation is not so certified to the Escrow Agent, the Escrow Agent may be required by the Internal Revenue Code, as it may be amended from time to time, to withhold a portion of any interest or other income earned on the investment of monies or other property held by the Escrow Agent pursuant to this Agreement. The Escrow Agent need not make any distribution of all or any portion of the Escrow Fund to any person until such person has furnished to the Escrow Agent such Tax Reporting Documentation as the Escrow Agent may reasonably require.

Appears in 1 contract

Samples: Escrow Agreement (Covad Communications Group Inc)

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Tax Reporting Matters. (a) The Acquirer and the Shareholders' Agent on behalf of the Shareholders Interested Parties agree to provide the Escrow Agent with certified tax identification numbers for each of them by furnishing appropriate forms W-9 (or Forms W-8, in the case of non-U.S. persons) and other forms and documents that the Escrow Agent may reasonably request (collectively, "Tax Reporting DocumentationTAX REPORTING DOCUMENTATION") to the Escrow Agent within 30 days, days after the date hereof. The parties hereto understand that, if such Tax Reporting Documentation is not so certified to the Escrow Agent, the Escrow Agent may be required by the Internal Revenue Code, as it may be amended from time to time, to withhold a portion of any interest or other income earned on the investment of monies or other property held by the Escrow Agent pursuant to this Agreement. . (b) The Escrow Agent need not make any distribution of all or any portion of the Escrow Fund Funds to any person until such person has furnished to the Escrow Agent such Tax Reporting Documentation as the Escrow Agent may reasonably require.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cyberguard Corp)

Tax Reporting Matters. The Acquirer Acquiror and the Shareholders' Securityholder Agent on behalf of the Shareholders agree to provide the Escrow Agent with certified tax identification numbers for each of them by furnishing appropriate forms W-9 (or Forms W-8, in the case of non-U.S. persons) and other forms and documents that the Escrow Agent may reasonably request (collectively, "Tax Reporting Documentation") to the Escrow Agent within 30 days, days after the date hereof. The parties hereto understand that, if such Tax Reporting Documentation is not so certified to the Escrow Agent, the Escrow Agent may be required by the Internal Revenue Code, as it may be amended from time to time, to withhold a portion of any interest or other income earned on taxable income, attributable to the investment of monies or other property held by Holders, it may receive with respect to the Escrow Agent pursuant to this AgreementFund. The Escrow Agent need not make any distribution of all or any portion of any taxable income in the Escrow Fund to any person until such person has furnished to the Escrow Agent such Tax Reporting Documentation as the Escrow Agent may reasonably require.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Peoplesoft Inc)

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Tax Reporting Matters. The Acquirer Parent and the Shareholders' Agent on behalf each of the Shareholders agree to Security Holders will provide the Escrow Agent with certified tax identification numbers for each of them Parent and the Security Holders by furnishing appropriate forms W-9 (or Forms W-8, in the case of non-U.S. persons) and other forms and documents that the Escrow Agent may reasonably request (collectively, "Tax Reporting Documentation") to the Escrow Agent within 30 days, days after the date hereof. The parties hereto understand that, if such Tax Reporting Documentation is not so certified to the Escrow Agent, the Escrow Agent may be required by the Internal Revenue Code, as it may be amended from time to time, to withhold a portion of the Escrow Shares or any interest or other income earned on the investment of monies or other property held by the Escrow Agent pursuant to this Agreement. The Escrow Agent need not make any distribution of all or any portion of the Escrow Fund to any person until such person has furnished to the Escrow Agent such Tax Reporting Documentation as the Escrow Agent may reasonably require.

Appears in 1 contract

Samples: Merger Agreement (Phone Com Inc)

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