Examples of Preferred Shareholders in a sentence
Certain Preferred Shareholders (including, among others, all corporations and certain foreign individuals) are not subject to these backup withholding and reporting requirements.
However, such Preferred Shareholders should complete the Substitute Form W-9 (or, in the case of a foreign Preferred Shareholders, an appropriate IRS Form W-8 or Substitute Form W-8) to avoid erroneous backup withholding.
Preferred Shareholders who cannot deliver their Preferred Shares and all other required documents to the Depositary by the Expiration Date must tender their Preferred Shares pursuant to the guaranteed delivery procedure set forth in Section 3 of the Offer to Purchase.
Under U.S. federal income tax law, a backup withholding tax may be imposed on the gross proceeds otherwise payable to certain Preferred Shareholders pursuant to the Offer.
Certain Preferred Shareholders or payees (including, among others, all corporations and certain foreign individuals) are not subject to these backup withholding and reporting requirements.