Tax Forms Required Clause Samples

The 'Tax Forms Required' clause mandates that parties involved in an agreement must provide specific tax-related documentation as a condition of the contract. Typically, this means that a contractor, vendor, or other payee must submit forms such as a W-9, W-8BEN, or other relevant tax forms before payments can be processed or services rendered. By requiring these forms, the clause ensures compliance with tax laws and proper reporting to tax authorities, thereby reducing the risk of penalties or withholding issues for the paying party.
Tax Forms Required. The following are conditions on the City’s obligation to process any payment under the Master Agreement or any Approved Service Order:
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Tax Forms Required. The following are conditions on the City’s obligation to process any payment pursuant to this Agreement: 10.4.1 U.S. Based Person or Entity: If Calpine is a U.S. based person or entity, Calpine acknowledges and agrees that Calpine is required to provide the City with a properly completed Internal Revenue Service Form W-9 before the City will process payment. If Calpine is a U.S. based person or entity, but has neither a permanent place of business in California nor is registered with the California Secretary of State to do business in California, Calpine acknowledges and agrees that Calpine is required to provide the City with a properly completed California Franchise Tax Board form related to nonresident withholding of California source income.
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Tax Forms Required under the Master Agreement or any Approved Service Order:
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Related to Tax Forms Required

  • Tax Forms (a) (i) Each Lender that is not a “United States person” within the meaning of Section 7701(a)(30) of the Code (a “Foreign Lender”) shall deliver to the Administrative Agent, prior to receipt of any payment subject to withholding under the Code (or upon accepting an assignment of an interest herein), two duly signed completed copies of either IRS Form W-8BEN or any successor thereto (relating to such Foreign Lender and entitling it to an exemption from, or reduction of, withholding tax on all payments to be made to such Foreign Lender by the Borrower pursuant to this Agreement) or IRS Form W-8ECI or any successor thereto (relating to all payments to be made to such Foreign Lender by the Borrower pursuant to this Agreement) or such other evidence satisfactory to the Borrower and the Administrative Agent that such Foreign Lender is entitled to an exemption from, or reduction of, U.S. withholding tax, including any exemption pursuant to Section 881(c) of the Code. Thereafter and from time to time, each such Foreign Lender shall (A) promptly submit to the Administrative Agent such additional duly completed and signed copies of one of such forms (or such successor forms as shall be adopted from time to time by the relevant United States taxing authorities) as may then be available under then current United States laws and regulations to avoid, or such evidence as is satisfactory to the Borrower and the Administrative Agent of any available exemption from or reduction of, United States withholding taxes in respect of all payments to be made to such Foreign Lender by the Borrower pursuant to this Agreement, (B) promptly notify the Administrative Agent of any change in circumstances which would modify or render invalid any claimed exemption or reduction, and (C) take such steps as shall not be materially disadvantageous to it, in the reasonable judgment of such Lender, and as may be reasonably necessary (including the re-designation of its Lending Office) to avoid any requirement of applicable Laws that the Borrower make any deduction or withholding for taxes from amounts payable to such Foreign Lender.