Transactions Structured to Circumvent this Certification Clause Samples
The "Transactions Structured to Circumvent this Certification" clause is designed to prevent parties from engaging in transactions that are intentionally arranged to avoid the requirements or obligations set forth in a certification. In practice, this means that if a party attempts to structure a deal, split transactions, or use intermediaries in a way that would bypass the need for certification, such actions would still be considered a violation of the agreement. This clause ensures that the intent of the certification is upheld and closes potential loopholes, thereby maintaining the integrity of the certification process and preventing parties from evading compliance through technicalities.
Transactions Structured to Circumvent this Certification. Neither the identity nor form of the Prospective Purchaser, nor any aspect of the contemplated transaction, has been created or altered with the intent, in whole or in part, to allow an individual or entity who otherwise would be ineligible to purchase assets from the FDIC to benefit directly or indirectly from the proposed transaction. Name of Prospective Purchaser Tax ID Number or SSN Individual Other (Specify) Partnership Corporation Trust Physical Street Address (For Overnight Delivery) City State or Province Country Postal Code Contact Person and Title Telephone Number ( ) Fax Number ( ) E-Mail Address
Transactions Structured to Circumvent this Certification. Neither the identity nor form of the Prospective Purchaser, nor any aspect of the contemplated transaction, has been created or altered with the intent, in whole or in part, to allow an individual or entity who otherwise would be ineligible to purchase assets from the FDIC to benefit directly or indirectly from the proposed transaction.
Transactions Structured to Circumvent this Certification. Neither the identity nor form of the Prospective Purchaser, nor any aspect of the contemplated transaction, has been created or altered with the intent, in whole or in part, to allow an individual or entity who otherwise would be ineligible to purchase assets from the FDIC to benefit directly or indirectly from the proposed transaction. Name of Prospective Purchaser Tax ID Number or SSN GWINNETT CLINIC, LTD. 58-1590562 ¨ Individual ¨ Partnership x Corporation ¨ Trust ¨ Other (Specify) Physical Street Address (For Overnight Delivery) ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, Suite 100 City State or Province Country Postal Code ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ Contact Person and Title ▇.▇. ▇▇▇▇ Telephone Number Fax Number E-Mail Address (▇▇▇) ▇▇▇-▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ ( )