Withholding Event definition

Withholding Event means that a deduction or withholding for or on account of any tax is required by applicable law in respect of any payment under the Securities Lending Agreement. Costs of Termination If as a result of the termination of any Loan pursuant to any of the above paragraphs headed Termination following purchase of the Notes or the Notes becoming due and repayable, Termination following an Event of Default (in the absence of any outstanding Loan) or Termination following Tax Event or the termination of the Securities Lending Agreement (other than by reason of the occurrence of an Event of Default where Borrower is the Defaulting Party) pursuant to paragraph 8 (Events of Default) above a party (the “first party”) incurs any loss or expense in entering into replacement transactions or replacing or unwinding any hedging transactions, the other party shall be required to pay to the first party the amount determined by the first party in good faith to be equal to the loss or expense incurred in connection with such replacement transactions or such replacement or unwinding (including all fees, costs and other expenses) less the amount of any profit or gain made by that party in connection with such replacement transactions or such replacement or unwinding; provided that if that calculation results in a negative number, an amount equal to the absolute value of that number shall be payable by the first party to the other party. If an Event of Default has occurred where Lender is the Defaulting Party, the amount due from one party to the other as described above shall be subject to set-off as described in paragraph 8 (Events of Default) above. For the purpose of determining the costs of termination in accordance with the foregoing paragraph (and for no other purpose) a Securities Lending Fee shall be deemed to be payable by Borrower on the Securities Lending End Date.

Withholding Event means a General Withholding Event or a Scheme Withholding Event; and Works means in relation to each Capital Firm Scheme all of the works (including the Start on Site Works, the design, infrastructure works and all other works necessary for obtaining access to the RSAP Dwellings) (if any) to be undertaken in order to ensure that the RSAP Dwellings meet the Submitted Standards and are developed, repaired, converted, refurbished and/or Rehabilitated (as applicable) in accordance with the Capital Firm Scheme Details.

Withholding Event means an event related to an Award which results in the Participant being subject to taxation at the federal, state, local or foreign level.

Examples of Withholding Event in a sentence

• In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b)(i), the Agency shall (subject to any agreed adjustment under the implementation of any adjustment16) be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient in relation to that Firm Scheme.

• If Board withholds payment under an invoice, in whole or in part, as a result of a Withholding Event and Consultant subsequently corrects it, Board will endeavor to make payment to Consultant of the withheld amount within 10 Days of Board being notified of, and confirming, such correction.

• In the event of the occurrence of a General Withholding Event of the type described in sub-paragraphs (a) (i-vi) and (ix), the Agency shall be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient under the Contract.

• In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b) (iii), Homes England shall be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient in relation to that Firm Scheme and recover any capital grant already paid in relation to that scheme.

• In the event of the occurrence of a General Withholding Event of the type described in sub-paragraphs (a) (vii and viii), the Agency shall be entitled to suspend payment of all capital grant allocated but as yet unpaid to the Grant Recipient under the Contract until the Grant Recipient has complied with the relevant obligation or taken satisfactory steps to remedy the relevant breach within (in each case) such timescale as the Agency shall reasonably require.

• In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b) (iii), the Agency shall be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient in relation to that Firm Scheme and recover any capital grant already paid in relation to that scheme.

• In the event of the occurrence of a General Withholding Event of the type described in sub-paragraphs (a) (vii and viii), Homes England shall be entitled to suspend payment of all capital grant allocated but as yet unpaid to the Grant Recipient under the Contract until the Grant Recipient has complied with the relevant obligation or taken satisfactory steps to remedy the relevant breach within (in each case) such timescale as Homes England shall reasonably require.

• In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b)(i), Homes England shall (subject to any agreed adjustment under the implementation of any adjustment19) be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient in relation to that Firm Scheme.

• In the event of the occurrence of a General Withholding Event of the type described in sub-paragraphs (a) (i-vi) and (ix-xi), Homes England shall be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient under the Contract.

• In the event of the occurrence of a General Withholding Event of the type described in sub-paragraphs (a) (i-vi) and (ix), the Agency shall be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid under the Contract.

More Definitions of Withholding Event

Withholding Event shall have the meaning specified in subsection 10(b) of this Series Supplement.

Withholding Event means that a deduction or withholding for or on account of any tax is required by applicable law in respect of any payment under the Securities Lending Agreement. Costs of Termination With respect to the termination of any Loan pursuant to any of the above paragraphs headed Termination following purchase of the Notes or the Notes becoming due and repayable or Termination following Tax Event or the termination of the Securities Lending Agreement pursuant to paragraph 8 (Events of Default) above if a party (the “First Party”), in entering into replacement transactions or replacing or unwinding any hedging transactions which have been entered into in connection with hedging the risk related to the Securities Lending Agreement:

Withholding Event means that a deduction or withholding for or on account of any tax is required by applicable law in respect of any payment under the Securities Lending Agreement.

Withholding Event means the vesting of restricted stock units or other awards issued under the Plan, or any other event, that gives rise to a withholding obligation on the part of the Company relating to an award granted under the Plan (such withholding obligation to include, without limitation, for FICA taxes, payroll taxes, income taxes, and any other federal, state, local or foreign taxes of any kind required by law to be withheld with respect to such award).]1 [In addition, and n][N]otwithstanding the foregoing, and subject to the conditions below, the undersigned may transfer the Lock-Up Securities without the prior written consent of Xxxxxxx, Xxxxx & Co. and Citigroup Global Markets Inc., provided that (1) the Representatives receive a signed lock-up agreement for the balance of the lockup period from each donee, trustee, distributee, or transferee, as the case may be, (2) any such transfer shall not involve a disposition for value, (3) such transfers are not required to be reported in any public report or filing with the Securities and Exchange Commission, or otherwise, until after the initial 90-day lock-up period and (4) the undersigned does not otherwise voluntarily effect any public filing or report regarding such transfers:

Withholding Event means a General Withholding Event or a Scheme Withholding Event; and Works means in relation to each Firm Scheme all of the works (including the Start on Site Works, the design, infrastructure works and all other works necessary for obtaining access to the AHP Dwellings) (if any) to be undertaken in order to ensure that the AHP Dwellings meet the Submitted Standards and Strategic Objectives and are constructed, developed repaired, converted, refurbished and/or Rehabilitated (as applicable) in accordance with the Firm Scheme Details. 1.2 Interpretation 1.2.1 Words denoting any gender include all other genders.