Payee Representations definition

Payee Representations. For the purpose of Section 3(f) of the Agreement, Party A and Party B make the following representations:
Sample 1Sample 2Sample 3
Payee Representations. For the purpose of Section 3(f) of this Agreement, BNY and Counterparty make the following representations. The following representation will apply to BNY: BNY is a trust company duly organized and existing under the laws of the State of New York and its U.S. taxpayer identification number is 135160382. Txx xxxxxxing representation will apply to the Counterparty: The Counterparty is a "U.S. person" (as that term is used in section 1.1441-4(a)(3)(ii) of United States Treasury Regulations) for United States federal income tax purposes.
Sample 1
Payee Representations. For the purpose of Section 3(f) of this Agreement, IXIS makes the following representations. The following representation will apply to IXIS: IXIS is a corporation duly organized and existing under the laws of the state of Delaware. Wells Fargo Bank, N.A. is a national banking association organized under the laws of the United States of America.
Sample 1Sample 2

Examples of Payee Representations in a sentence

  • There is an interrelationship between the Payer Representations which one party makes and the Payee Representations which the other party makes.

  • Payee Representations may be indicated in Part 2 of the Schedule to the Agreement, if applicable.

  • Payee Representations may be indicated in Part 3 of the Schedule to the Agreement, if applicable.

  • The payments mentioned in paragraphs 3.1 through 3.3 above shall be subject to the legal and statutory deductions for old age and survivors insurance (AVS), disability insurance (AI), unemployment insurance (AC), loss of gain insurance (APG), occupational pension (LPP) and any additional legal or statutory deduction that may be introduced during the period of the employment relationship.

  • Part 2(b) of the Schedule (Payee Representations) is hereby amended by deleting the text following “will apply to Party B” and replacing it with: “It is a partnership for U.S. federal income tax purposes created or organized in the United States or under the laws of the United States.


More Definitions of Payee Representations

Payee Representations. For the purpose of Section 3(f) of the Agreement, the following representations are made:
Sample 1Sample 2
Payee Representations. For the purpose of Section 3(f) of this Agreement, BNY and Counterparty make the following representations. The following representation will apply to BNY: BNY is a trust company duly organized and existing under the laws of the State of New York and its U.S. taxpayer identification number is 135160382. The following representation will apply to the Countexxxxxx: None
Sample 1
Payee Representations. For the purpose of Section 3 (f) of this Agreement, BSFP and Counterparty make the following representations:
Sample 1

Related to Payee Representations

  • Eligible Representations means those representations identified within the “Tests” included in Schedule B.

  • Specified Representations means the representations and warranties of the Borrower and set forth in Sections 5.01(a) (solely as it relates to the Loan Parties), 5.01(b)(ii), 5.02 (other than 5.02(b)), 5.04, 5.12, 5.15, 5.16 (subject to the proviso to Section 4.01(a)(iv)) and 5.20 (limited to the use of proceeds of the Loans on the Closing Date).

  • Company Representations means the representations and warranties of the Company expressly and specifically set forth in Article IV of this Agreement, as qualified by the Schedules. For the avoidance of doubt, the Company Representations are solely made by the Company.

  • Repeating Representations means each of the representations set out in Clause 18.1 (Status), to Clause 18.22 (No Material Adverse Effect) other than Clause 18.3 (Binding Obligations), Clause 18.6 (Governing law and enforcement), Clause 18.7 (Deduction of Tax), Clause 18.8 (No filing or stamp taxes), paragraphs (a) and (b) of Clause 18.10 (No misleading information) and Clause 18.13 (No proceedings pending or threatened).

  • Tax Representations Each representation specified in the Schedule as being made by it for the purpose of this Section 3(f) is accurate and true.

  • Acquisition Agreement Representations means such of the representations made by or on behalf of the Target in the Acquisition Agreement as are material to the interests of the Lenders, but only to the extent that the accuracy of any such representation is a condition to the obligations of Holdings or an Affiliate thereof to close under the Acquisition Agreement or Holdings (or an Affiliate thereof) has the right to terminate its obligations under the Acquisition Agreement as a result of a breach of such representations in the Acquisition Agreement.

  • Major Representation means a representation or warranty with respect to the Borrower or the Merger Sub only under any of Clause 18.2 (Status) to Clause 18.6 (Validity and admissibility in evidence) inclusive.

  • Special Representations has the meaning set forth in Section 8.1.

  • Perfection Representations means the representations, warranties and covenants set forth in Schedule 1 attached hereto.

  • Excluded Representations has the meaning set forth in Section 7.3(a).

  • Fundamental Representations and Warranties means the representations and warranties contained in Sections 3.1, 3.2, 3.6, 4.1 and 4.3.

  • Additional Representation has the meaning specified in Section 3.

  • Investment Representation Letter As defined in Section 5.02(b).

  • Tax Representation Letters shall have the meaning set forth in Section 5.11(c).

  • Schedule of Representations means the Schedule of Representations and Warranties attached hereto as Schedule B.

  • PAYEE TAX REPRESENTATIONS Each representation specified in the Schedule as being made by it for the purpose of this Section 3(f) is accurate and true.

  • Buyer Fundamental Representations means the representations and warranties of Buyer contained in Sections 6.1, 6.2 and 6.7.

  • Representation Letters means the representation letters and any other materials (including, without limitation, a Ruling Request and any related supplemental submissions to the IRS) delivered or deliverable by, or on behalf of, Parent, SpinCo and others in connection with the rendering by Tax Advisors and/or the issuance by the IRS of the Tax Opinions/Rulings.

  • Seller Fundamental Representations means the representations and warranties set forth in Section 6.1 (Organization, Good Standing and Qualification of Seller), Section 6.2 (Authorization; Enforceability), Section 6.10 (Title to Purchased Assets) and Section 6.26 (Brokerage Commission).

  • DTC Representation Letter means the Blanket Letter of Representation from the Issuer and the Paying Agent to DTC which provides for a book-entry system, or any agreement between the Issuer and Paying Agent and a successor securities depository duly appointed.

  • Purchaser Fundamental Representations means the representations and warranties set forth in Section 4.1 (Organization; Good Standing); Section 4.2 (Corporate Power; Enforceability); Section 4.3(a) (Non-Contravention) and Section 4.8 (Brokers).

  • Fundamental Representations has the meaning set forth in Section 8.1.

  • representation agreement means the written agreement between a money transfer service provider and a representative of the money transfer service provider that states the terms on which the representative offers the money transfer service within Australia;

  • Representations and Warranties The energy service under this Agreement will meet the applicable LDU’s standards and may be supplied from a variety of sources. Tomorrow Energy makes no representations or warranties other than those expressly set forth in this Agreement, and Tomorrow Energy expressly disclaims all other warranties, express or implied, including warranties of merchantability and fitness for a particular purpose.

  • Blanket Issuer Letter of Representations means the Representation Letter from the Issuer to DTC, with respect to the Bonds.

  • Representation Date shall have the meaning ascribed to such term in Section 4(k).