Common use of Form W-9 Clause in Contracts

Form W-9. Under Internal Revenue Code Section 6109, Landlord is required to provide Tenant with the correct Employer or Taxpayer Identification Number (“TIN”) in order for Tenant to file information returns to the INTERNAL REVENUE SERVICE, a federal public agency (the “IRS”), to report income paid to Landlord. Landlord shall complete all IRS required forms and return to Tenant as requested. Notwithstanding anything to the contrary herein, if Landlord fails to submit a properly completed Form W-9 as requested by Xxxxxx, Landlord agrees that Tenant has the right (but not the obligation), pursuant to Internal Revenue Code Section 3406, to withhold and pay to the IRS a percentage of the total monthly rent payment. In the event that Landlord shall have a change in its business or legal name, Xxxxxxxx agrees to notify Tenant in writing, within thirty (30) days of any such change, and submit a new Form W-9 reflecting such change(s).

Appears in 5 contracts

Samples: Lease and Feedstock Supply Agreement, Lease and Feedstock Supply Agreement, Lease and Feedstock Supply Agreement

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