WITHOLDING TAX. Upon exercise of this Stock Option, the Company shall have the power and the right to deduct or withhold, or require the Optionee to remit to the Company, an amount sufficient to satisfy applicable taxes. The Optionee may elect to satisfy the withholding requirement, in whole or in part, by having the Company withhold Option Shares having a fair market value on the date the tax is to be determined equal to the minimum statutory total tax which could be imposed on the transaction. All such elections shall be irrevocable, made in writing on such form as the Company may require, signed by the Optionee, and shall be subject to any restrictions or limitations that the Board, in its sole discretion, deems appropriate.
WITHOLDING TAX. If the Purchaser is not a resident of Canada for the purposes of the Income Tax Act, the Vendor shall withhold and remit to the Canada Revenue Agency the appropriate amount of any interest payable to the Purchaser on account of the deposits paid hereunder, in accordance with the Income Tax Act.
WITHOLDING TAX. (a) If any Bank is a “foreign corporation, partnership or trust” within the meaning of the Code and such Bank claims exemption from, or a reduction of, U.S. withholding tax under Sections 1441 or 1442 of the Code, such Bank agrees with and in favor of the Agent, to deliver to the Agent:
WITHOLDING TAX. The Seller warrants that it is a resident as defined in the Income Tax Act No. 58 of 1962, as amended and accordingly the provisions of Section 35A of the aforementioned Act do not apply to this transaction.
WITHOLDING TAX. The Distributor shall make all payments under this agreement without withholding or deduction of, or in respect of, any tax, levy, impost, duty, charge or fee unless required by law. If any such withholding or deduction is required, the Distributor shall, when making the payment to which the withholding or deduction relates, pay to MD5 such additional amount as will ensure that MD5 receives the same total amount that it would have received if no such withholding or deduction had been required. Force majeure Neither party shall be in breach of this agreement nor liable for delay in performing, or failure to perform, any of its obligations under this agreement if such delay or failure result from events, circumstances or causes beyond its reasonable control. In such circumstances the affected party shall be entitled to a reasonable extension of the time for performing such obligations. If the period of delay or non-performance continues for four weeks, the party not affected may terminate this agreement by giving seven days’ written notice to the affected party. Entire agreement This agreement constitutes the whole agreement between the parties and supersedes all previous agreements between the parties relating to its subject matter. Each party acknowledges that, in entering into this agreement, it has not relied on, and shall have no right or remedy in respect of, any statement, representation, assurance or warranty (whether made negligently or innocently) other than as expressly set out in this agreement. Nothing in this clause shall limit or exclude any liability for fraud. Assignment and other dealings prohibited This agreement is personal to the parties and neither party shall assign, transfer, mortgage, charge, subcontract or deal in any other manner with any of its rights and obligations under this agreement, or purport to do any of the same, without the prior written consent of the other party. Each party confirms that it is acting on its own behalf and not for the benefit of another person.
WITHOLDING TAX. All sums payable under this Agreement by one Party to another Party shall be paid free and clear of all deductions, withholdings, set-offs or counterclaims whatsoever save only as may be required by law. If any deductions or withholdings are required by law for or on account of Tax, the payor shall account to the relevant Tax Authority for the amount so required to be deducted or withheld and, any interest payable, the payor shall be obliged to pay to the recipient such additional amount as will ensure that the recipient receives, in total, an amount which (after such deduction or withholding has been made) is no more and no less than it would have been entitled to receive in the absence of any such requirement to make a deduction or withholding. The Purchaser and the Sellers shall cooperate and take reasonable steps to mitigate any withholding or deduction in respect to or on account of Tax in respect of the Purchase Price.
WITHOLDING TAX. In accordance with the "Convention between the United States of America and Japan for the [***] Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission. Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income" dated March 8, 1971, income tax or duties will be imposed by the Japanese Government on payments of Software license fees to Company under this Agreement in the nature of withholding. Distributor may deduct such amount of tax or duty (ten percent (10%) of price) from the relevant payment to Company and pay the same to the Japanese Government for the account of Company.
WITHOLDING TAX. (1) If any Lender is a "foreign corporation, partnership or trust" within the meaning of the Code and such Lender claims exemption from, or a reduction of, U.S. withholding tax under Sections 1441 or 1442 of the Code, such Lender agrees with and in favor of the Agent, to deliver to the Agent:
WITHOLDING TAX. 6. In the event that the Promoter is obliged by law to deduct or withhold a portion of the Fee as tax, the Promoter agrees to notify the Company and Sedate Boo- kings of such required deduction or withholding forthwith in writing on receipt of this Agreement. The Promoter further agrees and warrants that it will promptly pay all such deducted or withheld amounts to the applicable authority promptly when due, and provide the Company and Sedate Bookings with all documentati- on reasonably required (in a form acceptable to Company), to evidence such payment and to enable the Company to recover a tax credit in respect of such de- duction or withholding tax. In addition the Promoter will, wherever possible, cooperate with the Company and provide such further documents and assistance as may be reasonably required to minimise the Company’s liability for tax under this Agreement. Where it is customary to do so, such assistance shall include the provision of a local accountant appointed by the Promoter at its expense to advise and assist the Company in respect of the Company’s liability for tax and de- duction or withholding tax under this Agreement. The Promoter shall not be entitled to make any other deductions or withholdings in respect of tax (or in respect of any other levies or similar fees), except in compliance with this clause.
WITHOLDING TAX. If the Issuer or the Agent is, in respect of any payment in respect of the Notes, required to withhold or deduct any amount for or on account of any taxes, duties, assessments or governmental charges, the Issuer shall give written notice of that fact to the Agent as soon as the Issuer becomes aware of the requirement to make the withholding or deduction and shall give to the Agent such information as the Agent shall require to enable it to assess and comply with the requirement.
