Withholding Forms definition

Withholding Forms means United States Internal Revenue Service (“IRS”) Form W‑8BEN, W‑8ECI or W‑9 (or, in each case, any successor form and, in each case, attached to an IRS Form W‑8IMY if required) or any other IRS form by which a person may claim an exemption from withholding of US federal income tax on interest payments to that person and, in the case of a person claiming an exemption under the “portfolio interest exemption”, a statement certifying that such person is not a “bank” within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code of 1986, as amended.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Withholding Forms has the meaning specified in Section 2.16.

Withholding Forms means (a) United States Internal Revenue Service (“IRS”) Form W-8BEN or W-8ECI (or, in each case, any successor form) by which a person may claim a complete exemption from withholding of U.S. federal income tax (if such forms are required to be provided on or before the Restatement Effective Date) or a complete exemption of or a reduction in United States withholding tax (if such forms are required to be provided after the Restatement Effective Date) on payments to that person and (b), in the case of a person claiming a complete exemption (as of the Restatement Effective Date) or a complete or partial exemption (after the Restatement Effective Date) under the “portfolio interest exemption,” a statement certifying that (i) such person is not (A) a “bank” within the meaning of Section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the U.S. Obligor within the meaning of section 881(c)(3)(B) of the Code, and (C) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Code and (ii) that the interest payments in question are not effectively connected with the United States trade or business conducted by such person. Notwithstanding anything to the contrary in the preceding sentence, the provision of such forms shall not be required if the Lender is not legally entitled to do so.

Examples of Withholding Forms in a sentence

The Company shall provide the Trustee with Backup Withholding Forms prescribed by the Internal Revenue Service and shall indemnify the Trustee for any penalties, expenses, costs and liabilities assessed against the Trustee for using improper forms.
The Administrative Agent shall have received from each Lender required under Section 2.16 to deliver any Withholding Form, two executed copies of the appropriate Withholding Forms or such other forms or documents (or successor forms or documents) appropriately completed, as may be applicable to establish the extent, if any, to which payments to such Lender pursuant to this Agreement are exempt from withholding or deduction of Taxes imposed by the United States government.
The Issuer or the Collateral Manager on its behalf shall prepare and deliver such Withholding Forms as are required of it by the Related Agreements, the taxing authorities of the United States, the Cayman Islands or any other applicable jurisdiction, from time to time, to establish that no Distribution shall be subject to withholding taxes imposed by the taxing authorities of the United States, the Cayman Islands or any other applicable jurisdiction.
Within five days of the date of Subscriber's first payroll, Subscriber must provide PTI with all necessary documents required to enroll each transferee, including but not limited to, each Employee Enrollment Form, Employment Eligibility Verification (Form 1-9), 401(k) Forms, Safety Rules and W-4 Withholding Forms.
Lender shall provide Withholding Forms prior to becoming a party to this Agreement, prior to the expiration of a previously delivered Withholding Form, upon a change in law or circumstances requiring the delivery of a new Withholding Form and within fifteen (15) days after a reasonable written request of Borrower.
No U.S. Obligor shall be obligated pursuant to Clause 5.04.2(d) to increase payments to be made to such Lender in respect of Taxes imposed by the United States if such Lender failed to provide the necessary Withholding Forms as so required, until such time as such Lender provides to the U.S. Obligor the necessary Withholding Forms as required by the preceding sentence.

More Definitions of Withholding Forms

Withholding Forms has the meaning set forth in Section 1.7 above.

Withholding Forms means United States Internal Revenue Service (“IRS”) Form W-8BEN, W-8ECI or W-9 (or, in each case, any successor form and, in each case, attached to an IRS Form W-8IMY if required) or any other IRS form by which a person may claim an exemption from withholding of

Withholding Forms means United States Internal Revenue Service (“IRS”) Form W-8BEN-E, W‑8BEN, W‑8ECI or W‑9 (or, in each case, any successor form and, in each case, attached to an IRS Form W‑8IMY if required) or any other IRS form by which a person may claim an exemption from withholding of US federal income tax on interest payments to that person and, in the case of a person claiming an exemption under the “portfolio interest exemption”, a statement certifying that such person is not a “bank” within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code of 1986, as amended.

Withholding Forms means (a) United States Internal Revenue Service (“IRS”) Form W-8BEN or W-8ECI (or, in each case, any successor form) by which a person may claim a complete exemption from withholding of U.S. federal income tax (if such forms are required to be provided on or before the Effective Date) or a complete exemption of or a reduction in United States withholding tax (if such forms are required to be provided after the Effective Date) on payments to that person and (b), in the case of a person claiming a complete exemption (as of the Effective Date) or a complete or partial exemption (after the Effective Date) under the “portfolio interest exemption,” a statement certifying that (i) such person is not (A) a “bank” within the meaning of Section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the U.S. Obligor within the meaning of section 881(c)(3)(B) of the Code, and (C) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Code and (ii) that the interest payments in question are not effectively connected with the United States trade or business conducted by such person. Notwithstanding anything to the contrary in the preceding sentence, the provision of such forms shall not be required if the Lender is not legally entitled to do so.