Withholding of Income Taxes. At least five (5) Business Days prior to the first date on which interest or fees are payable hereunder for the account of any Purchasing Lender or Participant, each Purchasing Lender or Participant that is not incorporated under the laws of the United States or a state thereof shall deliver to the Borrower and the Transferor Lender two duly completed copies of United States Internal Revenue Service Form W-9, 4224 or 1001 or other applicable form prescribed by the Internal Revenue Service. Such form shall certify that such Purchasing Lender or Participant is entitled to receive payments under this Agreement and the Notes without deduction or withholding of any United States Federal income taxes, or is subject to such tax at a reduced rate under an applicable tax treaty or under United States Internal Revenue Service Form W-8, or another applicable form or a certificate of such Purchasing Lender or Participant indicating that no such exemption or reduced rate is allowable with respect to such payments. Each Purchasing Lender or Participant which delivers a Form W-8, W-9, 4224 or 1001 further undertakes to deliver to the Borrower and its Transferor Lender two additional copies of such form (or a successor form) on or before the date that such form expires or becomes obsolete or otherwise is required to be resubmitted as a condition to obtaining an exemption from withholding tax or after the occurrence of any event requiring a change in the most recent form so delivered by it, and such amendments thereto or extensions or renewals thereof as may be reasonably required by the Borrower or its Transferor Lender, either certifying that such Purchasing Lender or Participant is entitled to receive payments under this Agreement and the Notes without deduction or withholding of any United States Federal income taxes or is subject to such tax at a reduced rate under an applicable tax treaty or stating that no such exemption or reduced rate is allowable. The Borrower, in the case of a Purchasing Lender or Transferor Lender in the case of a Participant shall be entitled to withhold United States Federal income taxes at the full withholding rate, unless the Purchasing Lender or Participant as the case may be establishes an exemption, or at the applicable reduced rate, as established pursuant to this provisions of this Section 10.05(d).
Withholding of Income Taxes. Nonqualified stock options are subject to withholding tax upon exercise. Until the Administrator determines otherwise, such payment of Participant’s withholding tax obligations shall be made through net share settlement procedures whereby that number of the Option shares being exercised needed to cover the withholding tax obligation (calculated using the Fair Market Value of the Company’s stock on the date of exercise) shall be cancelled to fund the Company’s payment of the withholding tax obligation and the net shares remaining after such cancellation shall be credited to Participant’s account.
Withholding of Income Taxes. Nonqualified stock options are taxable upon exercise. To the extent required by applicable federal, state or other law, Employee shall make arrangements satisfactory to the Company for the satisfaction of any withholding tax obligations that arise by reason of an Option exercise and, if applicable, any sale of shares of the Stock. The Company shall not be required to issue shares of the Stock or to recognize any purported transfer of shares of the Stock until such obligations are satisfied. The Administrator designated in the Plan may permit these obligations to be satisfied by having the Company withhold a portion of the shares of the Stock that otherwise would be issued to Employee upon exercise of the Option, or to the extent permitted by the Administrator, by tendering shares of the Stock previously acquired.
Withholding of Income Taxes. The Company shall have no obligation to issue shares upon exercise of this Option unless the Participant has satisfied any tax withholding obligation with respect to such exercise. Payment of Participant’s withholding tax obligations may be made through any method specified in the Plan or as permitted by the Administrator.
Withholding of Income Taxes. Upon the exercise of this Option, the Company, in accordance with Section 3402(a) of the Internal Revenue Code, as amended, may require the Optionee to pay withholding taxes in respect of amounts considered to be compensation includible in the Optionee’s gross income.
Withholding of Income Taxes. Upon the award of any LINN Incentive Units or transfer of LINN Incentive Units, or the making of a distribution or other payment with respect to such LINN Incentive Units, the Company may withhold taxes in respect of amounts that the Board of Directors determines constitute compensation includible in gross income and for which withholding is required under applicable law. The Board of Directors, in its sole discretion, may condition (a) the award of a LINN Incentive Unit or (b) the transferability of a LINN Incentive Unit on the owner’s making satisfactory arrangement for such withholding. Such arrangement may include payment by the owner in cash or by check of the amount of the withholding taxes or, at the sole discretion of the Board of Directors, by the owner’s delivery of previously held LINN Incentive Units, or fractions thereof, having an aggregate fair market value equal to the amount of such withholding taxes.
Withholding of Income Taxes. 84 10.8 Indemnity................................................. 84 10.9 Successors and Assigns.................................... 85 10.10 FCC and Other Governmental Authority Matters.............. 86 10.11 Confidentiality........................................... 86 10.12 Severability.............................................. 87 10.13 Survival.................................................. 87 10.14
Withholding of Income Taxes. At least five (5) Business Days prior to the first date on which interest or fees are payable hereunder for the account of any Lender or Participant each Lender or Participant that is not incorporated under the laws of the United States or a state thereof shall deliver to the Borrower and the Administrative Agent two (2) duly completed copies of United States Internal Revenue Service Form W-9, 4224 or 1001 or other applicable form prescribed by the Internal Revenue Service. Such form shall certify that such Lender or Participant is entitled to receive payments under this Agreement and any applicable Note without deduction or withholding of any United States Federal income taxes, or is subject to such tax at a reduced rate under an applicable tax treaty or under United States Internal Revenue Service Form W-8, or another applicable form or a certificate of such Lender or Participant indicating that no such exemption or reduced rate is allowable with respect to such
Withholding of Income Taxes. If any Certificate Purchaser is --------------------------- not incorporated under the laws of the United States or a state thereof, such Certificate Purchaser is entitled to receive payments under the Operative Documents without deduction or withholding of any United States Federal income taxes.
Withholding of Income Taxes. The Company shall not be required to make any payment or issue any Optioned Shares pursuant to this Option unless adequate provision had been made to satisfy the Company's obligation, if any, to withhold income tax in connection with the exercise of any Option.
