Form 1099 Clause Samples
The Form 1099 clause requires one party to provide necessary tax reporting information to the other, typically in situations where payments made under the agreement may be reportable to tax authorities. In practice, this means that if a party makes payments that meet IRS thresholds, they must collect the recipient’s taxpayer identification number and issue a Form 1099 at year-end. This clause ensures compliance with tax laws and helps both parties avoid penalties for failing to report taxable payments.
POPULAR SAMPLE Copied 20 times
Form 1099. Any information with respect to Seller in connection with the conveyance of the Real Property by Seller to Purchaser required by either (i) IRC Sec. 6045 or Treas. Regs. Sec. 1.6045, or (ii) Treas. Form 1099 or its instructions. If required thereby, the Escrow Agent shall timely (x) prepare and file a Form 1099 in accordance with the provisions of Treas. Regs. Sec. 1.6045, and (y) furnish the Parties with copies.
Form 1099. Any information with respect to Seller in connection with the conveyance of the applicable Phase Real Property by Seller to Purchaser required by either (i) IRC Sec. 6045 or Treas. Regs. Sec. 1.6045, or (ii) Treas. Form 1099 or its instructions. If required thereby, the Escrow Agent shall timely (x) prepare and file a Form 1099 in accordance with the provisions of Treas. Regs. Sec. 1.6045, and (y) furnish the Parties with copies.
Form 1099. The Company shall send the Recipient a Form 1099 upon delivery of the Shares following the Recipient’s Separation from Service.
Form 1099. The General Agent shall prepare separate, itemized monthly statements of the business placed by each Agent through the General Agent, and shall furnish each Agent with an IRS Form 1099 each year when required.
Form 1099. The Custodian will to deliver to the Representatives a letter stating that they will deliver to each Selling Stockholder a United States Treasury Department Form 1099 (or other applicable form or statement specified by the United States Treasury Department regulations in lieu thereof) on or before January 31 of the year following the date of this Agreement. The Selling Stockholders and the Company will furnish the Representatives with such conformed copies of such opinions, certificates, letters and documents as the Representatives reasonably request. Credit Suisse may in its sole discretion waive on behalf of the Underwriters compliance with any conditions to the obligations of the Underwriters hereunder, whether in respect of an Optional Closing Date or otherwise.
Form 1099. The Custodian will deliver to the Representatives a letter stating that it will deliver to each Selling Stockholder a United States Treasury Department Form 1099 (or other applicable form or statement specified by the United States Treasury Department regulations in lieu thereof) on or before January 31 of the year following the date of this Agreement. The Selling Stockholders and the Company will furnish the Representatives and their counsel with such conformed copies of such opinions, certificates, letters and documents as the Representatives or their counsel reasonably request. The Representatives may in their sole discretion waive on behalf of the Underwriters compliance with any conditions to the obligations of the Underwriters hereunder, whether in respect of an Optional Closing Date or otherwise.
Form 1099. The Custodian shall have delivered to the Representative a letter stating that it will deliver to each Selling Shareholder a United States Treasury Department Form 1099 (or other applicable form or statement specified by the United States Treasury Department regulations in lieu thereof) on or before January 31 of the year following the date of this Agreement.
Form 1099. Broker shall prepare and file on the Owners behalf all 1099 forms of the IRS required by law relative to expenses paid by ▇▇▇▇▇▇.
Form 1099. The Escrow Agent shall provide any Form 1099 required to be provided in respect of the Indemnity Escrow Account and Escrow Interest Account to the Representative.
Form 1099. Avalon shall issue a Form 1099 to the Consultant for the amounts paid to the Consultant hereunder.