Common use of Sponsoring Entity Clause in Contracts

Sponsoring Entity. “Sponsoring entity” means an entity that has registered with the IRS and agrees to perform the obligations of one or more sponsored entities pursuant to §1.1471-5(f) or §1.1472-1 and includes a sponsoring entity described in an applicable Model 1 or 2 IGA.

Appears in 2 contracts

Sources: Ffi Agreement, Ffi Agreement