FIRPTA Compliance definition

FIRPTA Compliance means the requirement to withhold and remit Tax or, alternatively obtain the necessary certificates and forms to avoid the withholding and remittance of Tax, pursuant to Section 1445 of the Code and the Treasury Regulations thereunder.
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Examples of FIRPTA Compliance in a sentence

  • Parent shall have received a copy of the FIRPTA Compliance Certificate, validly executed by a duly authorized officer of the Company.

  • Parent shall have received a copy of the ------------------ FIRPTA Compliance Certificate, validly executed by a duly authorized officer of the Company.

  • On the Closing Date, the Company shall deliver to Parent a properly executed statement (a "FIRPTA Compliance Certificate") in a form reasonably acceptable to Parent for purposes of satisfying Parent's obligations under Treasury Regulation Section 1.1445-2(c)(3).

  • Acquiror shall have received a copy of the FIRPTA Compliance Certificate, validly executed by a duly authorized officer of the Company.

  • Surf Air shall have received a copy of the FIRPTA Compliance Certificate, validly executed by a duly authorized officer of the Company, for and on behalf of the Company.

  • On the Closing Date, the Company shall deliver to ----------------- Parent a properly executed statement (a "FIRPTA Compliance Certificate") in a ----------------------------- form reasonably acceptable to Parent for purposes of satisfying Parent's obligations under Treasury Regulation Section 1.1445-2(c)(3).

  • Parent shall have received a copy of the FIRPTA Compliance Certificate.

  • Conditions Precedent to Obligations of Albara 27 6.1 Accuracy of Representations 27 6.2 Performance of Covenants 27 6.3 Consents 27 6.4 Agreements and Documents 27 6.5 FIRPTA Compliance 28 6.6 No Restraints 28 6.7 No Legal Proceedings 28 6.8 Employees 28 6.9 Stockholder Approval 28 SECTION 7.

  • On the Closing Date, the Company shall deliver to Parent a properly executed statement in a form reasonably acceptable to Parent (the "FIRPTA Compliance Certificate") for purposes of satisfying Parent's obligations under Treasury Regulation Section 1.1445-2(c).

  • Buyer shall have received a FIRPTA Compliance Certificate in a form reasonably acceptable to Buyer for purposes of satisfying Buyer’s obligations under Treasury Regulation Section 1.1445-2(c)(3), validly executed by a duly authorized officer of the Company, together with a notice to the U.S. Internal Revenue Service in accordance with the provisions of Treasury Regulation Section 1.897-2(h)(2) and authorization for Buyer to deliver such notice to the U.S. Internal Revenue Service after the Effective Time.

Related to FIRPTA Compliance

  • Statement of Compliance means a Statement of Compliance related to fuel oil consumption pursuant to regulations 6.6 and 6.7 of Annex VI.

  • FIRPTA means the Foreign Investment in Real Property Tax Act of 1980, as amended.

  • HIPAA Compliant means that a Loan Party to the extent legally required (i) is or will use commercially reasonable efforts to be in compliance in all material respects with each of the applicable requirements of the so-called “Administrative Simplification” provisions of HIPAA on and as of each date that any part thereof, or any final rule or regulation thereunder, becomes effective in accordance with its or their terms, as the case may be (each such date, a “HIPAA Compliance Date”) and (ii) is not and could not reasonably be expected to become, as of any date following any such HIPAA Compliance Date, the subject of any civil or criminal penalty, process, claim, action or proceeding, or any administrative or other regulatory review, survey, process or proceeding (other than routine surveys or reviews conducted by any government health plan or other accreditation entity) that could result in any of the foregoing or that has or could reasonably be expected to have a Material Adverse Effect.

  • Tax Compliance Agreement means the Federal Tax Certificate, Tax Compliance Agreement, Arbitrage Agreement, or other written certification or agreement of the Issuer setting out representations and covenants for satisfying the post-issuance tax compliance requirements for the Tax-Exempt Bonds.

  • Non-Compliance means failure/refusal to comply the terms and conditions of the tender;