Tax Reporting Information and Certification of Tax Identification Numbers. (i) The parties hereto agree that, for tax reporting purposes, all interest, dividends or other income, if any, attributable to the Escrow Shares or any other amount held in escrow by the Escrow Agent pursuant to this Agreement shall be allocable to the Pooling Shareholders in accordance with their percentage interests in the Escrow Fund set forth in Exhibit A. (ii) Each of the Pooling Shareholders agree to provide the Escrow Agent with certified tax identification numbers for each of them by furnishing appropriate forms W-9 (or Forms W-8, in the case of non-U.S. persons) and any other forms and documents that the Escrow Agent may reasonably request (collectively, "Tax Reporting Documentation") to the Escrow Agent within 30 calendar days after the date hereof. The parties hereto understand that, if such Tax Reporting Documentation is not so certified to the Escrow Agent, the Escrow Agent shall be required by the Internal Revenue Code, as it may be amended from time to time, to withhold a portion of any interest, dividend or other income earned on the investment of monies or other property held by the Escrow Agent pursuant to this Agreement.
Appears in 1 contract
Sources: Escrow Agreement (E Comnetrix Inc)
Tax Reporting Information and Certification of Tax Identification Numbers. (i) 20.1 The parties hereto agree that, for tax reporting purposes, all interest, dividends interest on or other income, if any, attributable to the Escrow Shares Stock or any other amount held in escrow by the Escrow Agent pursuant to this Agreement shall be allocable to the Pooling Shareholders Stockholders in accordance with their percentage interests in the Escrow Fund set forth in Exhibit A.D.
(ii) Each 20.2 Purchaser and each of the Pooling Shareholders Stockholders agree to provide the Escrow Agent with certified tax identification numbers for each of them by furnishing appropriate forms W-9 (or Forms Form W-8, in the case of non-U.S. persons) and any other forms and documents that the Escrow Agent may reasonably request (collectively, "Tax Reporting Documentation") to the Escrow Agent within 30 calendar days after the date hereof. The parties hereto understand that, if such Tax Reporting Documentation is not so certified to the Escrow Agent, the Escrow Agent shall may be required by the Internal Revenue Code, as it may be amended from time to time, to withhold a portion of any interest, dividend interest or other income earned on the investment of monies or other property held by the Escrow Agent pursuant to this Escrow Agreement.
Appears in 1 contract
Tax Reporting Information and Certification of Tax Identification Numbers. (i) 18.1 The parties hereto agree that, for tax reporting purposes, all interest, dividends interest on or other income, if any, attributable to the Escrow Shares Stock or any other amount held in escrow by the Escrow Agent pursuant to this Agreement shall be allocable to the Pooling Shareholders Stockholders in accordance with their percentage interests in the Escrow Fund set forth in Exhibit A.
(ii) Each 18.2 Purchaser and each of the Pooling Shareholders Stockholders agree to provide the Escrow Agent with certified tax identification numbers for each of them by furnishing appropriate forms Forms W-9 (or Forms W-8, in the case of non-U.S. persons) and any other forms and documents that the Escrow Agent may reasonably request (collectively, "βTax Reporting Documentation"β) to the Escrow Agent within 30 calendar days after the date hereof. The parties hereto understand that, if such Tax Reporting Documentation is not so certified to the Escrow Agent, the Escrow Agent shall may be required by the Internal Revenue Code, as it may be amended from time to time, to withhold a portion of any interest, dividend interest or other income earned on the investment of monies or other property held by the Escrow Agent pursuant to this Escrow and Pledge Agreement.
Appears in 1 contract
Sources: Share Exchange Agreement (Vyyo Inc)