Overwithholding Sample Clauses

Overwithholding. Neither the Company nor the Board shall be liable for any excess taxes withheld in respect of any Distribution or allocation of income or gain to a Member. In the event of an overwithholding, a Member’s sole recourse shall be to apply for a refund from the appropriate Taxing Authority.
AutoNDA by SimpleDocs
Overwithholding. 6.1 Where the T2CB has withheld in error an amount in excess of the amount required to be withheld, the T2CB will take all reasonable steps in order to recover the excess amount withheld. Where the T2CB does receive a refund of an amount withheld, the T2CB will take all reasonable steps to forward the excess amount to the Client as soon as possible.
Overwithholding. The Company shall not be liable for any excess taxes withheld in respect of any Member’s interest in the Company, and, in the event of overwithholding, a Member’s sole recourse shall be to apply for a refund from the appropriate governmental authority.
Overwithholding. 6.1 Where a Withholding Agent has withheld an amount in excess of the amount required to be withheld, the QI will take all reasonable steps in order to recover the excess amount withheld. Where the QI does receive a refund of an amount withheld, the QI will take all reasonable steps to forward the excess amount to the Client as soon as possible.
Overwithholding. None of the Company or the Managing Member shall be liable for any excess taxes withheld and remitted in respect of any Non-Managing Member’s Interest, and, in the event of overwithholding, a Non-Managing Member’s sole recourse shall be to apply for a refund from the appropriate governmental authority.
Overwithholding. The term “overwithholding” means any amount actually withheld (determined before application of the adjustment procedures described in section 9 of this Agreement) from an item of income or other payment that is in excess of:
Overwithholding. None of the Partnership or the General Partner shall be liable for any excess taxes withheld and remitted in respect of any Limited Partner’s Interest, and, in the event of overwithholding, a Limited Partner’s sole recourse shall be to apply for a refund from the appropriate governmental authority.
AutoNDA by SimpleDocs
Overwithholding. Neither the Company, the Board, the Managers nor the members of any committee established by the Board shall be liable for any excess Taxes withheld in respect of any distribution or allocation of income or gain to a Member. In the event of an overwithholding, a Member’s sole recourse shall be to apply for a refund from the appropriate Taxing Authority. Notwithstanding the foregoing, nothing in this Section 4.7.4 shall prevent the Board from making such correction to any overwithholding as deemed appropriate in its sole discretion.
Overwithholding. (1) The "Part-Year Employment Method" of withholding, as currently set forth in Section 31.3402(h)(4)-1(c) of the Internal Revenue Code Regulations or any applicable successor regulations, shall be utilized for any performer upon request of the performer and the form of declaration for each such use shall be attached to the performer's employment contract.
Overwithholding. None of the Company, the Managing Member or the Partnership Representative shall be liable for any excess amount withheld in respect of any distribution, other payment, or allocation of income or gain to a Member. In the event of an
Time is Money Join Law Insider Premium to draft better contracts faster.