Entity Transferor Sample Clauses

The ENTITY TRANSFEROR clause defines the party responsible for transferring ownership or rights in a transaction, typically identifying the seller or assignor in an agreement. This clause specifies which entity is obligated to convey assets, shares, or interests to another party, and may outline the conditions or representations required for the transfer to be valid. Its core function is to clearly allocate responsibility for the transfer, ensuring all parties understand who is legally bound to complete the transaction and under what terms, thereby reducing ambiguity and potential disputes.
Entity Transferor. 1. Transferor(s) is not a foreign corporation, foreign partnership, foreign trust or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations); 2. The U.S. employer identification of the transferor(s) is ; 3. The office address is , and place of incorporation (if applicable) is 4. I, , am the of the transferor(s) and have authority to sign this document on its behalf. It is understood that this Certification may be disclosed to the Internal Revenue Service by the transferee and that any false statement made herein could be punished by fine, imprisonment or both. UNDER PENALTIES OF PERJURY, I DECLARE THAT I HAVE EXAMINED THIS CERTIFICATION AND TO THE BEST OF MY KNOWLEDGE AND BELIEF IT IS TRUE, CORRECT AND COMPLETE. Dated this . The undersigned, being one of the Grantees of that certain property known as Lot/Unit 831, Block , in the subdivision known as THE FAIRWAYS SOUTH AT LEISURE WORLD, do hereby certify, under penalties of perjury: 1. That said property is improved by a residence and we do intend to personally occupy said residence as our principal residence.
View Source
Entity Transferor. Section 1445 of the Internal Revenue Code provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person. For U.S. tax purposes (including section 1445), the owner of a disregarded entity (which has legal title to a U.S. real property interest under local law) will be the transferor of the property and not the disregarded entity. To inform the transferee that withholding of tax is not required upon the disposition of a U.S. real property interest by ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, ▇▇., and ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Trustees of the HAGERSTOWN NOMINEE TRUST, under Declaration of Trust dated June 30, 2003 and recorded with the Suffolk County, Massachusetts, Registry of Deeds at Book 31900, page 198 (the “Trust”), the undersigned hereby certifies the following on behalf of Transferor:
View Source

Related to Entity Transferor

  • Equity Transfer 1.1 Party B agrees to transfer the Relevant Equity Interest to Party A with each of the Party B transferring the all of the registered capital as set forth in the Attachment A. Party A agrees to accept such transfer. After the closing of the transfer, Party A is to hold a 100% equity stake in Party B. 1.2 As the consideration for the equity transfer, Party A shall pay each of the Party B the number of RMB Yuan setting forth in the Attachment A pursuant to Article A. 1.3 Party B agrees to the Equity Transfer under this Article, and is willing to and shall procure the other shareholders (other than Party B) of Party C to be willing to sign necessary documents including resolutions of shareholders’ meeting and letters on waiver of preemptive right to acquire the Relevant Equity Interest in respect thereof and assist in completing other necessary formalities for the Equity Transfer. 1.4 Party B and Party C shall be jointly and separately responsible for taking necessary actions, including but not limited to signing this Agreement, adopting the resolutions of shareholders’ meeting and the amendments to the articles of association etc., in order to achieve the transfer of equity interest from Party B to Party A, and responsible for completing all governmental approval or industrial and commercial registration formalities within ten working days from the sending of the notice of exercise by Party A in accordance with the provisions of the Equity Option Agreement to make Party A become the registered owner of such equity interest in the register.

  • Transferor Signed, sealed and delivered by ) by ▇▇▇▇ ▇▇ ) for and on behalf of ) the Transferor pursuant to the Power of Attorney ) by Coinllectibles Private Limited ) In the presence of ) ) Name: ▇▇ ▇▇▇ ▇▇▇▇

  • Qualified Transferee Any Transfer of a Partnership Interest shall be made only to a single Qualified Transferee; provided, however, that, for such purposes, all Qualified Transferees that are Affiliates, or that comprise investment accounts or funds managed by a single Qualified Transferee and its Affiliates, shall be considered together to be a single Qualified Transferee; and provided, further, that each Transfer meeting the minimum Transfer restriction of Section 11.3.A(4) hereof may be to a separate Qualified Transferee.

  • Permitted Transferee 25 Person ......................................................................................25

  • Transferee Transfer Date (not earlier that the fifth Business Day after the date of delivery of the Transfer Certificate to the Agent):