Non-Foreign Certification Sample Clauses
A Non-Foreign Certification clause requires a party, typically the seller in a real estate transaction, to certify that they are not a foreign person as defined by relevant tax laws, such as the Foreign Investment in Real Property Tax Act (FIRPTA) in the United States. This certification is usually provided in the form of a signed affidavit or statement, confirming the seller's status as a U.S. person for tax purposes. The core function of this clause is to protect the buyer from potential tax withholding obligations that arise when purchasing property from a foreign seller, ensuring compliance with tax regulations and reducing the risk of unexpected liabilities.
Non-Foreign Certification. Seller shall deliver to Escrow Holder a certification duly executed by Seller under penalty of perjury in the form of, and upon the terms set forth in, the Transferor’s Certification of Non-Foreign Status attached hereto as Exhibit “G” (“FIRPTA Certificate”), setting forth Seller’s address and federal tax identification number and certifying that Seller is a “United States Person” and that Seller is not a “foreign person” in accordance with and/or for the purpose of the provisions of Sections 7701 and 1445 (as may be amended) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder.
Non-Foreign Certification. A Non-Foreign Certification for Buyer setting forth the matters required to comply with applicable Legal Requirements (the "Non-Foreign Certification");
Non-Foreign Certification. Seller is not a “foreign person” for purposes of Section 1445 of the Internal Revenue Code of 1986, as amended, and any regulation promulgated thereunder, and Seller is not subject to withholding under California Revenue and Taxation Code Section 18662.
Non-Foreign Certification. Seller represents and warrants that it is not a “foreign person” as defined in IRC 1445, and will give and affidavit to Purchaser to this effect in the form required by that statute and related regulations.
Non-Foreign Certification. Seller having executed and delivered to Buyer on or prior to the Closing Date a certification (the “Non-Foreign Certification”), substantially in the form of Exhibit B.
Non-Foreign Certification. A certification duly executed by each Seller ("FIRPTA Certificate"), setting forth such Seller's address and federal tax identification number and certifying that such Seller is a "United States Person" and that such Seller is not a "foreign person" in accordance with Sections 7701 and 1445 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder.
Non-Foreign Certification. Each party shall execute a certification under penalty of perjury in the form of and upon the terms set forth in Exhibit D, attached hereto and incorporated herein by reference (the ―FIRPTA‖), setting forth the party's address and certifying that each is not a "foreign person" in accordance with and/or for the purpose of the provisions of Section 1445 (as may be amended) of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder, and a State of California Form 597 (the ―CA 597‖).
Non-Foreign Certification. Seller shall deliver to Escrow Holder a certification duly executed by Seller under penalty of perjury in the form of, and upon the terms set forth in, the Transferor’s Certification of Non-Foreign Status (“FIRPTA Certificate”), setting forth Seller’s address and federal tax identification number and certifying that Seller is a “United States Person” and that Seller is not a “foreign person” in accordance with and/or for the purpose of the provisions of Sections 7701 and 1445 of the Internal Revenue Code of 1986, as amended, and any regulations promulgated thereunder.
Non-Foreign Certification. A certification of non-foreign status in the form required by Internal Revenue Code §1445 and related regulations.
Non-Foreign Certification. A certification duly executed by the ▇▇▇▇▇▇ Funds, as applicable, under penalty of perjury in the form of (a) the Non-Foreign Certificate Transferor's Certification of Non-Foreign Status attached hereto as Exhibit 6.4.10A ("Federal Non-Foreign Certificate") and (b) the Real Estate Withholding Exemption Certificate and Waiver Request for (California Form 593-C) attached hereto as Exhibit 6.4.10B (the "California Non-Foreign Certificate").