U.S. Resident Sample Clauses
The "U.S. Resident" clause defines who qualifies as a resident of the United States for the purposes of the agreement. Typically, this clause outlines specific criteria such as citizenship, permanent residency (green card status), or meeting the substantial presence test under U.S. tax law. By clearly establishing who is considered a U.S. resident, the clause ensures that rights, obligations, or restrictions in the contract are applied appropriately, thereby preventing ambiguity and potential disputes regarding residency status.
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U.S. Resident. If the Optionee is a resident or citizen of the United States of America at the time of the exercise of the Option, the certificate(s) representing the Optioned Shares will be endorsed with the following or a similar legend: "The shares represented by this Certificate have not been registered under the Securities Act of 1933, as amended, of the United States of America (the "Act") or the securities laws of any state ("State") of the United States of America and may not be sold, transferred, pledged, hypothecated or distributed, directly or indirectly, to a U.S. person (as defined in Regulation S adopted by the U.S. Securities and Exchange Commission under the Act) or within the United States unless such shares are (i) registered under the Act and any applicable State securities act (a "State Act"), or (ii) exempt from registration under the Act and any applicable State Act and the Company has received an opinion of counsel to such effect reasonably satisfactory to it, or (iii) sold in accordance with Regulation S and the Company has received an opinion of counsel to such effect reasonably satisfactory to it.".
U.S. Resident. The Borrower is a resident of the United States for purposes of the Canada-US Income Tax Convention (1980), as amended (the “Treaty”) and is entitled to the full benefits of the Treaty.
U.S. Resident. Each Contract is payable in U.S. Dollars and to the best of the Seller’s knowledge, the Obligor thereon is an individual who is a U.S. resident.
U.S. Resident. You are a U.S. person, which includes a person who is a U.S. resident alien, have a valid U.S. residential mailing address or is employed by the U.S. military residing outside of the U.S. with an Army Post Office or Fleet Post Office address and have a valid U.S. taxpayer identification number (or social security number).