Tax Reporting and Payment Sample Clauses

Tax Reporting and Payment. 9.1 Integrium acknowledges and agrees that it shall be solely responsible for paying the appropriate amount of all federal, state and local taxes with respect to all compensation paid to Integrium pursuant to this Agreement, and that Sponsor shall have no responsibility whatsoever for withholding or paying any such taxes for or on behalf of Integrium.
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Tax Reporting and Payment. CONSULTANT acknowledges and agrees it shall be solely responsible for withholding and paying the appropriate amount of all federal, state and local taxes with respect to all compensation paid to CONSULTANT pursuant to this Agreement, and that IMMUNOMEDICS shall have no responsibility whatsoever for withholding or paying such taxes for or on behalf of CONSULTANT. CONSULTANT further agrees to defend, indemnify and hold IMMUNOMEDICS harmless from and against any and all damages, losses, expenses, or penalties arising from or in connection with any claim brought by any federal, state or local taxing authority with regard to CONSULTANT's failure to withhold or pay required taxes or failure to file forms required to be filed by CONSULTANT with regard to compensation paid to CONSULTANT by IMMUNOMEDICS pursuant to this Agreement.
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Tax Reporting and Payment. 9.1 INTEGRIUM acknowledges and agrees that it shall be solely responsible for paying the appropriate amount of all federal, state and local taxes with respect to all compensation paid to INTEGRIUM pursuant to this Agreement, and that SPONSOR and POC CAPITAL shall have no responsibility whatsoever for withholding or paying any such taxes for or on behalf of INTEGRIUM.
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Tax Reporting and Payment. Each Webshots Shareholder to whom any ------------------------- shares of Webshots Common Stock were issued in calendar year 1999 in exchange for services rendered or to be rendered by such shareholder to Webshots (each a "Reporting Shareholder") shall report on such shareholder's federal and state tax returns for calendar year 1999 as ordinary income received by him in calendar year 1999 on account of such issuance of shares the dollar amount for such shareholder that is set forth in that certain letter between At Home and each Reporting Shareholder dated of even date herewith (the "Reporting Shareholder Letter"), (for each such Webshots Shareholder, the "Stock Income Amount") and the Surviving Corporation shall not, in any Post-Closing Return and/or form W-2 for 1999 take a position that is inconsistent with such Stock Income Amount having been paid to the Reporting Shareholder in 1999 by virtue of the issuance of such shares of Webshots Common Stock to him, except as may be required by law, applicable regulation or a determination (as defined in Section 1313 of the Code) or any state equivalent). Each Reporting Shareholder shall pay, when required by law and in no event after April 15, 2000, all federal and state income taxes due from such shareholder to the applicable federal and state taxing authorities on account such Stock Income Amount in calendar year 1999 (for each such Webshots Shareholder, the "Stock Income Tax Amount"). Each Reporting Shareholder shall, promptly after the Shelf Registration is declared effective and in no event later than April 1, 2000, take all steps necessary to cause that number of such shareholder's shares of At Home Common Stock to be sold pursuant to the Shelf Registration as are necessary to satisfy such shareholder's obligation to pay the Stock Income Tax Amount. The proceeds of such sale of stock shall be immediately transferred by such shareholder to the Surviving Corporation to be held in escrow by the Surviving Corporation until such time as those proceeds are required to be released to the Reporting Shareholder for payment directly to relevant federal and state taxing authorities in satisfaction of such Reporting Shareholder's Stock Income Tax Amount.
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Tax Reporting and Payment. Any tax or other governmental charges that apply to this Agreement or to the compensation payable to Service Provider hereunder are conclusively presumed to be included in such compensation and accordingly, any such tax or governmental charge shall not be added to any invoice submitted by Service Provider. CCT is not responsible for payment of any employment, self-employment, or withholding taxes imposed as a result of the performance of Services under this Agreement, whether by Service Provider, its employees, agents, consultants or sub-contractors. Service Provider shall maintain records of the employee benefits provided to any employee of Service Provider performing Services hereunder on a substantially full-time basis for a period of one (1) year or longer and such other information needed by CCT to demonstrate compliance with the requirements of Internal Revenue Code Section 414(n) and related sub-sections, as amended from time-to-time, pertaining to “leased employees”. For this purpose “on a substantially full-time basis” shall mean fifteen hundred (1,500) hours in a twelve (12) month period or such amount specified by US tax regulation or notice in effect during the term of this Agreement. Service Provider shall maintain such records for at least six (6) years and furnish such data to CCT at its request.
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Tax Reporting and Payment. (a) The “taxable year” of the Litigation Trust shall be the “calendar year” as such terms are defined in section 441 of the IRC. The Litigation Trustee shall file tax returns for the Litigation Trust treating the Litigation Trust as a grantor trust pursuant to Treasury Regulation section 1.671-4(a) and in accordance with this Section 7.2. The Litigation Trustee also will annually, by May 1 of each year, send to each Litigation Trust Beneficiary a separate statement setting forth such holder’s share of items of income, gain, loss, deduction or credit (including the receipts and expenditures of the Litigation Trust) as relevant for U.S. federal income tax purposes and will instruct all such Litigation Trust Beneficiaries to use such information in preparing their U.S. federal income tax returns. The Litigation Trustee shall also file (or cause to be filed) any other statement, return or disclosure relating to the Litigation Trust that is required by any Governmental Unit.
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Related to Tax Reporting and Payment

  • Reporting and Payment 8.1. Unless otherwise agreed between the Parties, reporting numbers are based on xxxxx://xx.xxxxxxxxxxxxxx.xxx/ dashboard reports of the Advertiser and/or any other databases and/or dashboards that the Advertiser may decide from time to time. The report shall summarize data including but not limited to, the number of registrations and/or actions according to the payment model agreed between the Parties, the amount of payment of reporting month/biweek and other variables of the products.

  • Tax Reporting and Withholding The Company (and any agent of the Company) shall report all income required to be reported, and withhold from any payment under the Agreement the amount of withholding taxes due, in the opinion of the Company in respect of such income or payment and shall take any other action as may be necessary, in the opinion of the Company, to satisfy all obligations for the reporting of such income and payment of such taxes. The Company, the Board, or any delegatee shall not be held liable for any taxes, penalties, interest, or other monetary amounts owed by Executive or other person as a result of the deferral or payment of any amounts under this Agreement or as a result of the Company’s administration of amounts subject to the Agreement, except as expressly provided herein.

  • Tax Reporting (1) Prepare and file on a timely basis appropriate federal and state tax returns including, without limitation, Forms 1120/8613, with any necessary schedules.

  • Billing and Payment The Price will be itemized and included on your xxxx from the DSP, and is due and payable to the DSP on the same day your DSP xxxx is due. You will continue to be billed by your DSP taxes and other charges consistent with filed tariffs at the Illinois Commerce Commission to transmit and distribute the Retail Power supplied to you per this Agreement. You should continue to follow any xxxx payment procedures set forth between you and the DSP. You agree to accept the measurements as determined by the DSP for purposes of accounting for the amount of Retail Power services provided by DES under this Agreement. If the DSP is unable to read your meter, the DSP will estimate your usage and your charges will be calculated accordingly and adjusted on a future xxxx. DES’S ability to supply you under this Agreement is conditioned on the DSP accepting DES’S enrollment of your account for consolidated billing and purchase of receivables by the DSP. If you are not eligible for your DSP’s consolidated billing and purchase of receivables, you will need to secure eligibility with your DSP before DES can serve you. Should the DSP cease providing consolidated billing and purchase of receivables for your account and/or commence billing DES for any charges relating to you, DES will xxxx you directly and you will pay DES for all such charges pursuant to the payment provisions specified in DES’S xxxx.

  • Pricing and Payment Prices for each Product and any terms and conditions for invoicing and payment will be established by Customer’s Reseller.

  • Calculation and Payment No later than the second Business Day following the receipt by Purchasers of the Monthly Servicing Oversight Report for a calendar month, Holdings will remit to Seller in immediately available funds the Seller Monthly Servicing Fee and Performance Fees payable by Holdings to Seller for the related calendar month, along with a report showing in reasonable detail the calculation of such Seller Monthly Servicing Fees and Performance Fees.

  • Interest Reporting and Withholding (a) Unless otherwise agreed to by the parties, Seller will report to applicable taxing authorities and holders of Deposits, with respect to the period from January 1 of the year in which the Closing occurs through the Closing Date, all interest (including dividends and other distributions with respect to money market accounts) credited to, withheld from and any early withdrawal penalties imposed upon the Deposits. Purchaser will report to the applicable taxing authorities and holders of Deposits, with respect to all periods from the day after the Closing Date, all such interest credited to, withheld from and any early withdrawal penalties imposed upon the Deposits. Any amounts required by any governmental agencies to be withheld from any of the Deposits through the Closing Date will be withheld by Seller in accordance with applicable law or appropriate notice from any governmental agency and will be remitted by Seller to the appropriate agency on or prior to the applicable due date. Any such withholding required to be made subsequent to the Closing Date will be withheld by Purchaser in accordance with applicable law or appropriate notice from any governmental agency and will be remitted by Purchaser to the appropriate agency on or prior to the applicable due date.

  • Financial and Tax Reporting A. Prepare management reports and Board of Trustees materials, such as unaudited financial statements and summaries of dividends and distributions.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Computation and Payment Interest shall be computed on the basis of a 360-day year, actual days elapsed. Interest shall be payable at the times and place set forth in each promissory note or other instrument or document required hereby.

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