WITHHOLDING CERTIFICATION Sample Clauses
The Withholding Certification clause allows a party, typically an owner or client, to refuse to issue a certificate of completion or payment until certain conditions are met. In practice, this may occur if the contractor has not fulfilled all contractual obligations, such as correcting defects, providing required documentation, or completing punch list items. The core function of this clause is to ensure that all work is properly completed and compliant before final approval or payment is granted, thereby protecting the interests of the party receiving the work.
WITHHOLDING CERTIFICATION. Each of the undersigned certifies under penalty of perjury that:
(1) The Social Security Number or other Federal Tax I.
WITHHOLDING CERTIFICATION. Under penalties of perjury, each undersigned Applicant certifies that:
(a) the Social Security or Federal Identification Number listed under your name in Section II is correct; and
(b) you are either exempt from withholding or otherwise not subject to backup withholding. The IRS has not notified you that part of your dividend and interest is to be withheld as a result of your failure to report all dividend and interest income. Please draw an “X” through this paragraph if you ARE subject to backup withholding.
WITHHOLDING CERTIFICATION. (a) Except as provided in (b) below, within thirty (30) days of making either (i) a withholding or deduction for taxes from any distribution or payment made pursuant to this Agreement to another Party or (ii) any payment required in connection with that withholding or deduction, the Party making the withholding or deduction shall deliver to the Party entitled to the relevant distribution or payment a certificate, statement or other evidence reasonably satisfactory to that Party that the relevant withholding or deduction has been made and any appropriate payment remitted to the relevant taxing authority, within the time allowed without interest of penalties for late payment arising.
(b) If LBIE makes an election pursuant to either of Section 8.02(c)(A) or 8.02(c)(C), and on the Determination Date, LBI Guidance has not been received and a Withholding Agent has not been appointed, the LBI Trustee shall deliver the certificate referred to in Section 8.08(a) above within thirty (30) days of making the relevant payment to the IRS.