Required IRS Certification Sample Clauses

The Required IRS Certification clause mandates that a party must provide specific documentation or certification as required by the Internal Revenue Service (IRS) to confirm their tax status or compliance. In practice, this often involves submitting forms such as the W-9 for U.S. entities or the W-8BEN for foreign entities to verify taxpayer identification numbers or claim treaty benefits. The core function of this clause is to ensure that the correct tax information is collected and reported, thereby reducing the risk of improper withholding or penalties for non-compliance with tax regulations.
Required IRS Certification. (Please read Section 7.1 if you are a U.S. domestic Subscriber and Section 7.2 if you are a foreign Subscriber and indicate whether either representation is applicable to you by checking the box next such statement.)
View SourceView Similar (45)

Related to Required IRS Certification

  • Officer’s Certificate as Evidence Except as otherwise provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or omitting any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of gross negligence or willful misconduct on the part of the Trustee, be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee, and such Officer’s Certificate, in the absence of gross negligence or willful misconduct on the part of the Trustee, shall be full warrant to the Trustee for any action taken or omitted by it under the provisions of this Indenture upon the faith thereof.