IRS Requirements Sample Clauses

IRS Requirements. The Employer shall comply with all Internal Revenue Service rules, regulations or requirements concerning 401(k) plans for its non-collectively bargained employees and shall protect and save harmless the Fund, its Trustees and employees from and against any claim that Employer failed to comply therewith. The Employer additionally agrees that its non-bargaining unit group will be separately tested under the IRS non-discrimination tests. If excess deferrals are found during the testing and are not corrected es on a timely basis, the Employer will be subject to excise taxes and the disqualification of the Plan to the extent of the Employer's participation for non-bargaining unit employees as well as other penalties imposed by the IRS. In the event that the Employer fails to comply with applicable requirements, this Agreement shall be automatically terminated as to all non-collectively bargained employees of the Employer. No alterations, additions or deletions may be made to this Agreement. IBEW NECA Conduit 401(k) Plan Print Name of Employer Date: Date: Address:
IRS Requirements. In accordance with instructions by the Department of the Treasury, Internal Revenue Service, for Form 1099-S, the Landowner must provide the City Attorney, 00 Xxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx 00000, with its correct taxpayer identification number. Xxxxxxxxx’s failure to do so may result in civil or criminal penalties imposed by law. Landowner also must provide the City with other documents necessary for the City to comply with State reporting requirements. Under the penalties of perjury, Landowner certifies that the number(s) shown on this Agreement is/are her correct social security/taxpayer identification number(s).
IRS Requirements. The Internal Revenue Service (IRS) requires the Bank to obtain the taxpayer identification number (TIN) applicable to an account. We require you to certify under penalty of perjury that the TIN provided is correct and whether you are subject to backup withholding. For a savings account established for the benefit of a minor, the parent or legal guardian must certify the TIN for the minor or the account will be subject to backup withholding. The certification LV FRPSOHWHG RQ WKH %DQN¶V V-9L, RJeqQuDesWt foXr UTaHxp xxXxxXXxXxxXxxx xxx xxXxxXX xxXxXxx xx,x00 )RUP :
IRS Requirements. In accordance with instructions by the Department of the Treasury, Internal Revenue Service, for Form 1099-S, you, as the Purchaser, are required by Law to provide the Seller, 22 Lincoln Street, Hampton, VA 23669 with your correct taxpayer identification number. If you do not provide the Seller’s Office with your correct taxpayer identification number, you may be subject to civil or criminal penalties imposed by law. The Purchaser will also provide the Seller with other documents necessary for the Seller to comply with State reporting requirements Under the penalties of perjury, as the Purchaser, I/we certify that the number(s) shown on this Agreement is/are my/our correct taxpayer identification number(s).
IRS Requirements. In accordance with instructions by the Department of the Treasury, Internal Revenue Service, for Form 1099-S, the Landowner is required by Law to provide the City Attorney, 00 Xxxxxxx Xxxxxx, Xxxxxxx, XX 00000 with its correct taxpayer identification number. If the Landowner does not provide the City Attorney’s Office with the Landowner’s correct taxpayer identification number, the Landowner may be subject to civil or criminal penalties imposed by law. The Landowner will also provide the City with other documents necessary for the City to comply with State reporting requirements Under the penalties of perjury, as the Landowner, I/we certify that the number(s) shown on this Agreement is/are my/our correct taxpayer identification number(s).

Related to IRS Requirements

  • Tax Requirements The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences of this Agreement. The Company or, if applicable, any Subsidiary (for purposes of this Section 28, the term “Company” shall be deemed to include any applicable Subsidiary), shall have the right to deduct from all amounts hereunder paid in cash or other form, any Federal, state, local, or other taxes required by law to be withheld in connection with this Award. The Company may, in its sole discretion, also require the Participant receiving shares of Common Stock issued under the Plan to pay the Company the amount of any taxes that the Company is required to withhold in connection with the Participant’s income arising with respect to this Award. Such payments shall be required to be made when requested by the Company and may be required to be made prior to the delivery of any certificate representing shares of Common Stock. Such payment may be made (i) by the delivery of cash to the Company in an amount that equals or exceeds (to avoid the issuance of fractional shares under (iii) below) the required tax withholding obligations of the Company; (ii) if the Company, in its sole discretion, so consents in writing, the actual delivery by the exercising Participant to the Company of shares of Common Stock other than (A) Restricted Stock, or (B) Common Stock that the Participant has not acquired from the Company within six (6) months prior to the date of exercise, which shares so delivered have an aggregate Fair Market Value that equals or exceeds (to avoid the issuance of fractional shares under (iii) below) the required tax withholding payment; (iii) if the Company, in its sole discretion, so consents in writing, the Company’s withholding of a number of shares to be delivered upon the exercise of the Stock Option other than shares that will constitute Restricted Stock, which shares so withheld have an aggregate fair market value that equals (but does not exceed) the required tax withholding payment; or (iv) any combination of (i), (ii), or (iii). The Company may, in its sole discretion, withhold any such taxes from any other cash remuneration otherwise paid by the Company to the Participant. * * * * * * * *

  • ERISA Requirements (a) Borrower will not engage in any transaction which would cause an obligation, or action taken or to be taken under this Loan Agreement (or the exercise by Lender of any of its rights under the Note, this Loan Agreement or any of the other Loan Documents) to be a non-exempt prohibited transaction under ERISA or Section 4975 of the Tax Code.

  • Compliance with Requirements Any investment program furnished, and any activities performed, by the Manager or by a Sub-Adviser under this Section shall at all times conform to, and be in accordance with, any requirements imposed by: (1) the Act and any rules or regulations in force thereunder; (2) any other applicable laws, rules and regulations; (3) the Declaration of Trust and By-Laws of the Fund as amended from time to time; (4) any policies and determinations of the Board of Trustees of the Fund; and (5) the fundamental policies of the Fund, as reflected in its Registration Statement under the Act or as amended by the shareholders of the Fund.

  • FINRA Requirements (A) You represent that you are a member in good standing of FINRA, or a non-U.S. bank, broker, dealer, or institution not eligible for membership in FINRA or a Bank.

  • Compliance with ERISA Requirements For purposes of ensuring compliance with the requirements of the "underwriter's exemption" (U.S. Department of Labor Prohibited Transaction Exemption 2000-58, 65 Fed. Reg. 67765 (Nov. 13, 2000)), issued under ERISA, and for the avoidance of any doubt as to the applicability of other provisions of this Agreement, to the fullest extent permitted by applicable law and except as contemplated by this Agreement, (1) the Trust shall not be a party to any merger, consolidation or reorganization, or liquidate or sell its assets and (2) so long as any Certificates are outstanding, none of the Company, the Trustee or the Delaware Trustee shall institute against the Trust, or join in any institution against the Trust of, any bankruptcy or insolvency proceedings under any federal or state bankruptcy, insolvency or similar law.

  • Rule 144 Requirements After the earliest of (i) the closing of the sale of securities of the Company pursuant to a Registration Statement, (ii) the registration by the Company of a class of securities under Section 12 of the Exchange Act, or (iii) the issuance by the Company of an offering circular pursuant to Regulation A under the Securities Act, the Company agrees to:

  • Compliance with Withholding Requirements Notwithstanding any other provision of this Agreement, the Trustee shall comply with all federal withholding requirements respecting payments to Certificateholders of interest or original issue discount that the Trustee reasonably believes are applicable under the Code. The consent of Certificateholders shall not be required for such withholding. In the event the Trustee does withhold any amount from interest or original issue discount payments or advances thereof to any Certificateholder pursuant to federal withholding requirements, the Trustee shall indicate the amount withheld to such Certificateholders.

  • Minimum Requirements Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subconsultants. Consultant shall also require all of its subconsultants to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage:

  • Requirements At its own expense, Supplier must maintain insurance policy(ies) in effect at all times during the performance of this Contract with insurance company(ies) licensed or authorized to do business in the State of Minnesota having an “AM BEST” rating of A- or better, with coverage and limits of insurance not less than the following:

Time is Money Join Law Insider Premium to draft better contracts faster.