IRPTA Sample Clauses

IRPTA. (A) Buyer and Seller agree that the disclosure requirements of ----- the Illinois Responsible Transfer Act (do) apply to the transfer contemplated by this contract.
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IRPTA. Seller and Purchaser do hereby indicate that they are aware of the purpose and intent of the Illinois Responsible Property Transfer Act (the "Act") and the disclosure document referred to in the Act and the parties hereby waive the thirty (30) day time period specified in subsection (a) of Section 4 of the Act. The parties hereby agree and consent to delivery of said disclosure document, if a disclosure document is required by the Act in this case, on or before the date on which the transfer of the Property is to become final. If Seller does not deliver the above-referenced disclosure statement, it shall deliver a certification to Purchaser that such disclosure document is not required by the Act with respect to the Property.
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IRPTA. The provisions of the Illinois Responsible Property Transfer Act of 1988, 765 ILCS 90/1 et seq., do not apply to the Property and no filing with respect to such act is required.
Sample 1
IRPTA. Mortgagor represents and warrants that if the disclosure requirements of the Illinois Responsible Property Transfer Act, Ill. Rev. Stat. ch. 30, par. 901 et seq. ("IRPTA") apply to the loan transaction contemplated by this Agreement, Xxxxxxxxx agrees to comply with the provisions of IRPTA and pay all costs and expenses associates therewith, including, but not limited to, the costs associated with the recording of a disclosure document.
Sample 1
IRPTA. If applicable, Seller shall comply with the requirements of the Illinois Responsible Property Transfer Act of 1988, 765 ILCS 90/1, et. seq. (the "Transfer Act") including delivering a disclosure document ("Disclosure Document") as specified therein. The parties hereto agree to file said Disclosure Document if, and to the extent, required under the Transfer Act. Purchaser hereby represents and warrants, in addition to its representations and warranties set forth in Section 5.5 above, that it is aware of the purpose and intent of the Disclosure Document and hereby waives the time period specified in Section 4(a) of the Transfer Act.
Sample 1
IRPTA. Paragraph 28 of the Agreement is hereby amended by deleting said Paragraph in its entirety and by inserting the following language in lieu thereof: "Seller and Purchaser hereby indicate that they are aware of the purpose and intent of the Illinois Responsible Property Transfer Act (the "Act") and the disclosure document referred to in the Act. Seller and Purchaser hereby agree and acknowledge that said disclosure document is not required in this transaction. Purchaser hereby agrees to waive any right to terminate this Agreement pursuant to the Act."
Sample 1
IRPTA. To Seller's Knowledge, the Real Property does not contain any facilities which are subject to reporting under Section 312 of the Federal Emergency Planning and Community Right-to-Know Act of 1986 and the Real Property does not contain any underground storage tanks which required notification under Section 9002 of the Solid Waste Disposal Act (42 USC 6991).
Sample 1
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IRPTA. Mortgagor represents and warrants that if the disclosure requirements of the [_______] Responsible Property Transfer Act, [___________________] et seq. ("IRPTA") apply to the loan transaction contemplated by this Agreement, Morxxxxxx xxrees to comply with the provisions of IRPTA and pay all costs and expenses associates therewith, including, but not limited to, the costs associated with the recording of a disclosure document.
Sample 1

Related to IRPTA

  • FIRPTA Seller is not a foreign corporation, foreign partnership, foreign trust or foreign estate (as those items are defined in the Internal Revenue Code and Income Tax Regulations).

  • FIRPTA Affidavit A non-foreign affidavit, properly executed and in recordable form, containing such information as is required by IRC Section 1445(b)(2) and its regulations.

  • FIRPTA Certificate An affidavit from Contributor certifying pursuant to Section 1445 of the Internal Revenue Code that Contributor is not a foreign corporation, foreign partnership, foreign trust, foreign estate or foreign person (as those terms are defined in the Internal Revenue Code and the Income Tax Regulations promulgated thereunder), in form and substance satisfactory to Acquirer.

  • FIRPTA Matters At the Closing, (a) the Company shall deliver to Parent a statement (in such form as may be reasonably requested by counsel to Parent) conforming to the requirements of Section 1.

  • FIRPTA Compliance On the Closing Date, the Company shall deliver to Parent a properly executed statement in a form reasonably acceptable to Parent for purposes of satisfying Parent's obligations under Treasury Regulation Section 1.1445-2(c)(3).

  • Business Tax Certificate Unless the City Treasurer determines in writing that a contractor is exempt from the payment of business tax, any contractor doing business with the City of San Diego is required to obtain a Business Tax Certificate (BTC) and to provide a copy of its BTC to the City before a Contract is executed.

  • Foreign Person Seller is not a “foreign person” as defined in Section 1445 of the Internal Revenue Code of 1986, as amended, and the Income Tax Regulations thereunder.

  • Tax Representation Letters (a) The Company Parties shall (i) use their reasonable best efforts to obtain or cause to be provided, as appropriate, the opinions of counsel referred to in Section 8.2(c) and Section 8.3(e), (ii) deliver to Xxxxxxxx Xxxxx LLP, counsel to the Company, and Xxxxxx & Xxxxxxx LLP, counsel to Parent, or other counsel described in Section 8.2(c) and Section 8.3(d), respectively, a tax representation letter, dated as of the Closing Date (and, if required, as of the effective date of the Form S-4) and signed by an officer of the Company Parties, containing customary representations of the Company Parties as shall be reasonably necessary or appropriate to enable Xxxxxxxx Xxxxx LLP and Xxxxxx & Xxxxxxx LLP (or such other counsel described in Section 8.2(c) and Section 8.3(d)) to render the opinions described in Section 8.2(c) and Section 8.3(d), respectively, on the date of the Company Merger Effective Time (and, if required, on the effective date of the Form S-4) and (iii) deliver to Xxxxxx & Xxxxxxx LLP, counsel to Parent, and Xxxxx Lovells US LLP, counsel to the Company, or other counsel described in Section 8.2(e) and Section 8.3(e), respectively, tax representation letters, dated as of the effective date of the Form S-4 and the date of the Company Merger Effective Time, respectively, and signed by an officer of the Company Parties, containing customary representations of the Company Parties as shall be reasonably necessary or appropriate to enable Xxxxxx & Xxxxxxx LLP, or other counsel described in Section 8.2(e), to render an opinion on the effective date of the Form S-4 and on the date of the Company Merger Effective Time, respectively, as described in Section 8.2(e), and Xxxxx Lovells US LLP, or other counsel described in Section 8.3(e), to render an opinion on the effective date of the Form S-4 and on the date of the Company Merger Effective Time, respectively, as described in Section 8.3(e).

  • FIRPTA Certificates Prior to the purchase of Shares pursuant to Section 3 hereof, Stockholder shall provide to Parent, Purchaser or the Paying Agent (as defined in the Merger Agreement), as the case may be, a certificate of non-foreign status as provided in Treasury Regulation Section 1.1445-2(b) (the "FIRPTA Certificate"). If a Stockholder fails to deliver the FIRPTA Certificate, Parent, Purchaser or the Paying Agent, as the case may be, shall be entitled to withhold the amount required to be withheld pursuant to Section 1445 of the Code from amounts otherwise payable to Stockholder pursuant to the Merger Agreement or this Agreement.

  • Tax Certificate The Company shall use reasonable best efforts to deliver to Parent at the Closing Date a properly executed Foreign Investment and Real Property Tax Act of 1980 notification letter which states that the Shares do not constitute “United States real property interests” under Section 897(c) of the Code for purposes of satisfying Parent’s obligations under Treasury Regulation Section 1.1445-2(c)(3), and a form of notice to the IRS prepared in accordance with the requirements of Treasury Regulation Section 1.897-2(h)(2), each in substantially the form of Exhibit B hereto.

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