IRS Code definition
Examples of IRS Code in a sentence
Borrower is not a “foreign person” within the meaning of § 1445(f)(3) of the IRS Code.
As of the date hereof, neither Xxxxxxxx, nor any member of a “controlled group of corporations” (within the meaning of Section 414 of the IRS Code) that includes Borrower, maintains, sponsors or contributes to a “defined benefit plan” (within the meaning of Section 3(35) of ERISA) or a “multiemployer pension plan” (within the meaning of Section 3(37)(A) of ERISA).
At the request of Xxxxxx, Borrower shall appoint, as its agent, a registrar and transfer agent (the “Registrar”) reasonably acceptable to Lender which shall maintain, subject to such reasonable regulations as it shall provide, such books and records as are necessary for the registration and transfer of the Note in a manner that shall cause the Note to be considered to be in registered form for purposes of Section 163(f) of the IRS Code.