No Tax Withholding. In accordance with Section 1445 of the Internal Revenue Code and the applicable provisions of the California Revenue and Taxation Code or other similar laws, (a) Seller is not now, and at Closing will not be, a “foreign person,” and (b) Buyer need not withhold tax at the Closing as a result of the transactions contemplated hereby. Seller shall deliver a separate nonforeign/residency affidavit, executed by Seller, if reasonably required to do so by Escrow Holder.
No Tax Withholding. The Corporation shall issue to the Internal Revenue Service and to the Director a Form 1099 and any other reporting form that may be required to report the amount of tax which the Director has incurred under applicable federal, state and local tax laws. The Corporation will not withhold such taxes, and the Director acknowledges that the Director may need to adjust his or her estimated tax payments to take the additional taxable income into account.
No Tax Withholding. All payments under or contemplated by this Agreement or the Related Agreements will be made without any deduction or withholding for or on account of any taxes.
No Tax Withholding. For CIRCOR directors, the gross number of shares will be distributed and the director will be required to make necessary tax payments.
No Tax Withholding. No assignment may be made to any Person if payments by or on account of any Borrower Party under the Loan Documents to such Person would be subject to deduction or withholding for any Taxes that are not Excluded Taxes.
No Tax Withholding. The Parent Member or its applicable Affiliate (including the Company) shall determine whether to issue to the Internal Revenue Service and any other applicable tax authorities and to the Participant a Form 1099 and any other reporting form that may be required to report the amount of taxable income which the Participant may have recognized under applicable federal, state and local tax laws. Neither the Parent Member nor its Affiliates will withhold such taxes, and the Participant acknowledges that the Participant is responsible for any such tax liability and may need to adjust his or her estimated tax payments to take the additional taxable income into account.
No Tax Withholding. Whenever the restrictions on the Director's rights to some or all of the Restricted Shares lapse under Section 3 (or on an accelerated basis pursuant to Sections 6, 7 or 8 of this Agreement), the Corporation shall notify the Director of the amount of tax which the Director incurs under applicable federal, state and local tax laws. The Corporation will not withhold such taxes, and the Director acknowledges that the Director may need to adjust his or her estimated tax payments to take the additional taxable income into account.
No Tax Withholding. The Company shall classify Executive as an independent contractor of the Company during the Consulting Term. The Company shall not withhold any taxes from any of the Consultant Compensation paid to Executive. Executive agrees that he is responsible for timely paying all taxes relating to the Consultant Compensation.
No Tax Withholding. Because you are acting in the capacity of an independent contractor, Insperity will not withhold from payments to be made to you any sums for income tax, unemployment insurance, social security, or any other tax or withholding. You specifically agree that the determination of any tax liability or other consequences of any payment made hereunder is your sole and complete responsibility, and that you will pay all taxes, if any, assessed on such payments under the applicable laws of any federal, state, local or other jurisdiction.
No Tax Withholding. Unless required due to Merrimack’s assignment of this Agreement to an entity outside the United States or Merrimack’s redomiciliation outside of the United States, no payment hereunder shall be subject to withholding of income taxes owed by Merrimack, and Actavis shall not withhold any such amount from any payment to Merrimack hereunder.
