Common use of California Franchise Tax Withholding Clause in Contracts

California Franchise Tax Withholding. Evidence satisfactory to Buyer and Escrow Holder that Seller is exempt from the provisions of Section 18805 and 26131 of the California Revenue and Taxation Code, as amended, and that neither Buyer nor Escrow Holder is required to withhold any amounts from the Purchase Price pursuant to such provisions. General Assignment. An assignment (the "General Assignment"), in the form attached hereto as Exhibit F, duly executed by Seller, assigning to Buyer all of Seller's interest in the Inspection Reports and the Services Contracts.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Capital Builders Development Properties Ii), Agreement of Purchase and Sale (Capital Builders Development Properties Ii), Agreement of Purchase and Sale (Capital Builders Development Properties Ii)

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California Franchise Tax Withholding. Evidence satisfactory to Buyer and Escrow Holder that Seller is exempt from the provisions of Section 18805 and 26131 of the California Revenue and Taxation Code, as amended, and that neither Buyer nor Escrow Holder is required to withhold any amounts from the Purchase Price pursuant to such provisions. General Assignment. An assignment (the "General Assignment"), in the form attached hereto as Exhibit FE, duly executed by Seller, assigning to Buyer all of Seller's interest in the Inspection Reports and the Services Contracts.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Capital Builders Development Properties Ii)

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