Applicable Withholdings definition

Applicable Withholdings means all income taxes and statutory amounts required to be withheld by a Participating Company in respect of any Share Unit Amounts.

Applicable Withholdings means all income taxes and other source deductions required to be withheld by a Participating Company.

Applicable Withholdings. ’ means all income taxes, National Insurance contributions and/or similar liabilities required to be withheld by a Participating Company in respect of any Performance Share Unit Amounts.

Examples of Applicable Withholdings in a sentence

• Redemption of Deferred Share UnitsThe Company shall redeem the Vested Deferred Share Units elected to be redeemed by the Participant on the elected Redemption Date by paying to the Participant an amount (the “Share Unit Amount”) equal to: (A) the number of Vested Deferred Share Units elected to be redeemed multiplied by (B) the Fair Market Value minus (C) Applicable Withholdings.

• The Corporation shall redeem the Vested Share Units elected to be redeemed on the Redemption Date specified in a Participant's Redemption Notice by issuing to or for the benefit of the Participant from treasury the number of Common Shares equal to one Common Share for each whole Vested Share Unit elected to be redeemed and delivering to the Participant (A) such number of Common Shares; less (B) the number of Common Shares having a Fair Market Value equal to the Applicable Withholdings.

• Where the Corporation approves the election by a Participant to surrender Vested Share Units, the Corporation or the Participant's Employer shall pay to the Participant an amount equal to (the “ Share Unit Amount”), computed as follows:(A) the number of Vested Share Units surrendered multiplied by (B) the Fair Market Value as of the Surrender Date minus (C) Applicable Withholdings.

• The Corporation shall be authorized to deduct from any amount to be paid or credited hereunder any Applicable Withholdings in such manner as the Corporation determines, to the extent such Applicable Withholdings are not satisfied through the sale of Shares as provided in Section 3.5.

• In the case of a redemption hereunder, the number of Common Shares with a Fair Market Value equal to the Applicable Withholdings may be sold on behalf of the Participant by the Employer and the net proceeds of such sale remitted by the Employer or Corporation to the appropriate taxation authorities.

More Definitions of Applicable Withholdings

Applicable Withholdings means all income taxes and statutory amounts required to be withheld.

Applicable Withholdings means all income taxes and statutory amounts required to be withheld by any of the Corporation or its Subsidiaries in respect of employment income or other amounts paid to or in respect such Participant.

Applicable Withholdings means all income taxes and statutory amounts required to be withheld by the Corporation.

Applicable Withholdings means an amount as necessary so as to ensure that the Corporation (or other Participating Company, as applicable) is in compliance with the applicable provisions of any federal, state, provincial or local law relating to the withholding of tax or other required deductions relating to the redemption of a Share Unit.

Applicable Withholdings means any and all taxes and other source deductions or other amounts which the Company is required by law or permitted by contract or otherwise to withhold from any amounts paid or credited under the Plan;

Applicable Withholdings means all income taxes and statutory amounts required to be withheld by the Corporation or any Affiliate in respect of any Option.

Applicable Withholdings means all income taxes and statutory amounts required to be withheld by a Participating Company in respect of any Option.