Withholding Event definition
Examples of Withholding Event in a sentence
Promptly upon Landlord’s receipt of notice from Mortgagee of a Casualty Withholding Event (provided that Landlord shall use commercially reasonable efforts to cause Mortgagee to notify it as soon as possible of a decision), Landlord shall provide written notice thereof to Tenant.
Promptly upon Landlord’s receipt of notice from Mortgagee of a Condemnation Withholding Event (but not later than thirty (30) days after the Condemnation), Landlord shall provide written notice thereof to Tenant.
Promptly upon ▇▇▇▇▇▇▇▇’s receipt of notice from Mortgagee of a Condemnation Withholding Event (but not later than thirty (30) days after the Condemnation), Landlord shall provide written notice thereof to Tenant.
Should Moneytech become aware, or have reason to suspect, that a Withholding Event has occurred, or in Moneytech’s opinion is likely to occur, with respect to you or any of your Associates, Moneytech may withhold all or any part of any amounts thereafter payable by Moneytech to you under this Agreement.
If Board withholds payment under an invoice, in whole or in part, as a result of a Withholding Event and Consultant subsequently corrects it, Board will endeavor to make payment to Consultant of the withheld amount within 10 Day s of Board being notified of, and confirming, such correction.
Notwithstanding the foregoing, the Company shall give notice to the Executive of the amount of Required Withholding in connection with each Withholding Event and Executive shall have the option to satisfy Executive’s Required Withholding by making payment of cash to the Company within five (5) business days of receiving such notice.
The amount of the Required Withholding and the number of shares of Common Stock required to satisfy Executive’s Required Withholding, if any, as well as the amount reflected on tax reports filed by the Company, shall be based on the closing price of the Common Stock on the day that a Withholding Event occurs.
Promptly upon ▇▇▇▇▇▇▇▇’s receipt of notice from Mortgagee of a Casualty Withholding Event (provided that Landlord shall use commercially reasonable efforts to cause Mortgagee to notify it as soon as possible of a decision), Landlord shall provide written notice thereof to Tenant.
If Board withholds payment under an invoice, in whole or in part, as a result of a Withholding Event and Consultant subsequently corrects it, Board will endeavor to make payment to Consultant of the withheld amount within 10 Days of Board being notified of, and confirming, such correction.
Promptly upon Landlord’s receipt of notice from Lender of a Condemnation Withholding Event (but not later than thirty (30) days after the Condemnation), Lender shall provide written notice thereof to Tenant.