Common use of FIRPTA Clause in Contracts

FIRPTA. Borrower is not a “foreign person” within the meaning of Sections 1445 or 7701 of the Code.

Appears in 48 contracts

Sources: Loan Agreement (Belpointe PREP, LLC), Loan Agreement (Alexanders Inc), Loan Agreement (NOVONIX LTD)

FIRPTA. No Borrower is not a “foreign person” within the meaning of Sections 1445 or 7701 of the Code.

Appears in 12 contracts

Sources: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Pacific Office Properties Trust, Inc.)

FIRPTA. Borrower is not a "foreign person" within the meaning of Sections 1445 or 7701 of the Code.

Appears in 9 contracts

Sources: Loan Agreement (Medalist Diversified REIT, Inc.), Loan Agreement (Medalist Diversified REIT, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.)

FIRPTA. Borrower is not a “foreign person” within the meaning of Sections 1445 or 7701 of the Internal Revenue Code.

Appears in 8 contracts

Sources: Loan Agreement (Pillarstone Capital Reit), Loan Agreement (Whitestone REIT), Loan Agreement (Whitestone REIT Operating Partnership, L.P.)

FIRPTA. Borrower is not a "foreign person" within the meaning of Sections 1445 or 7701 of the Internal Revenue Code.

Appears in 7 contracts

Sources: Loan Agreement (Applied Epi Inc), Loan Agreement (First Potomac Realty Trust), Loan Agreement (Silverleaf Resorts Inc)

FIRPTA. The Borrower is not a “foreign person” within the meaning of Sections 1445 or 7701 of the Internal Revenue Code.

Appears in 2 contracts

Sources: Loan Agreement (Sky Harbour Group Corp), Loan Agreement (Sky Harbour Group Corp)

FIRPTA. No Borrower is not a "foreign person" within the meaning of Sections 1445 or 7701 of the Code.

Appears in 2 contracts

Sources: Loan Agreement (Parking REIT, Inc.), Loan Agreement (Horizon Group Properties Inc)

FIRPTA. Borrower is not a "foreign person" within the meaning of Sections 1445 or 7701 of the Internal Revenue Code.

Appears in 1 contract

Sources: Loan Agreement (Datron Systems Inc/De)

FIRPTA. Borrower is not a “foreign person” within the meaning of Sections 1445 or 7701 of the Code.Code.‌

Appears in 1 contract

Sources: Mezzanine Loan Agreement