Payments by the Company. The Company is authorized to withhold from any payment made to, or any distributive share of, a Member, any taxes required by law to be withheld, and in such event, such taxes shall be treated as if an amount equal to such withheld taxes had been paid to the Member rather than paid over to the taxing authority.
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Samples: Operating Agreement (Cannae Holdings, Inc.), Limited Liability Company Agreement (Black Knight Financial Services, Inc.), Limited Liability Company Agreement (STR Holdings (New) LLC)
Payments by the Company. The Company is and its Affiliates are authorized to withhold from any payment made to, or any distributive share of, a Member, any taxes required by law to be withheld, and in such event, such taxes shall be treated as if an amount equal to such withheld taxes had been paid to the Member rather than paid over to the taxing authorityMember.
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Samples: Limited Liability Company Agreement (Archipelago Learning, Inc.)
Payments by the Company. The Company is authorized to withhold from any payment made to, or any distributive share of, a Member, any taxes required by law to be withheldwithheld (as determined by the Board of Managers), and in the Company shall remit any such withheld taxes to the applicable taxing authority. In such event, such taxes shall be treated as if an amount equal to such withheld taxes had been paid to the Member rather than paid over to the taxing authority.
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Payments by the Company. The Company is authorized to withhold from any payment made to, or any distributive share of, a Member, any taxes required by law to be withheld, and in such event, such taxes shall be treated as if an amount equal to such withheld taxes had been paid to the Member member rather than paid over to the taxing authority.
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