Common use of FIRPTA Statement Clause in Contracts

FIRPTA Statement. On the Closing Date, the Company shall deliver to Parent a certificate of the Company (in accordance with Treasury Regulations Sections 1.1445 2(c)(3) and 1.897-2(h)) and in a form reasonably acceptable toFParent, dated as of the Closing Date and signed by a responsible officer of the Company, stating that the interests in the Company are not, and have not been at any time during the five (5) years preceding the date of such certificate, United States real property interests, as defined in Section 897(c)(1) of the Code (the “FIRPTA Statement”).

Appears in 2 contracts

Sources: Merger Agreement (MassRoots, Inc.), Merger Agreement (MassRoots, Inc.)

FIRPTA Statement. On the Closing Date, the Company shall deliver to Parent a certificate of the Company (in accordance with Treasury Regulations Sections 1.1445 2(c)(3) and 1.897-2(h)) and in a form reasonably acceptable toFParentto Parent, dated as of the Closing Date and signed by a responsible officer of the Company, stating that the interests in the Company are not, and have not been at any time during the five (5) years preceding the date of such certificate, United States real property interests, as defined in Section 897(c)(1) of the Code (the “FIRPTA Statement”).

Appears in 1 contract

Sources: Merger Agreement (MassRoots, Inc.)