Withholding Notice Sample Clauses

A Withholding Notice clause requires one party to formally notify the other if they intend to withhold payment or performance under a contract. Typically, this clause outlines the process for providing written notice, including the reasons for withholding and any supporting documentation. Its core practical function is to ensure transparency and communication between parties, helping to prevent disputes by clarifying when and why obligations are not being fulfilled.
Withholding Notice. Prior to withholding payment, TJJD shall provide to the Chief Administrative Officer, Juvenile Board Chairperson, and Fiscal Officer reasonable notice of the intent to withhold payment and the date(s) of intended withholding. 7.5.4.1. Upon request by ▇▇▇▇▇▇▇, a meeting may be held with the Deputy Executive Director of Probation Services to discuss the reasons for the intent to withhold funds.
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Withholding Notice. A Notice and Order for Withholding (NOW); or, if issued prior to May 19, 2003, a Notice of Intent to Withhold Income, or a Supplemental Notice of Intent to Withhold. When referring to a previous notice, a withholding notice may also include a voluntary withholding authorization entered in CS 510.3
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Withholding Notice. In the event that Amarin is required by law to withhold any income or other taxes on behalf of Elan from any payment to Elan under the terms of this Agreement, Amarin shall use commercially reasonable efforts to notify Elan at least thirty (30) days in advance of making any such payment.
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Related to Withholding Notice

  • ▇▇▇ Withholding Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable under this Agreement all federal, state, local and foreign taxes that are required to be withheld by applicable laws or regulations.

  • Withholding Rights Each of the Surviving Corporation and Parent shall be entitled to deduct and withhold from the consideration otherwise payable pursuant to this Agreement to any holder of Shares such amounts as it is required to deduct and withhold with respect to the making of such payment under the Code, or any provision of state, local or foreign tax law. To the extent that amounts are so withheld by the Surviving Corporation or Parent, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the Shares in respect of which such deduction and withholding was made by the Surviving Corporation or Parent, as the case may be.

  • Share Withholding The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax withholding.

  • Withholding Requirements The contracting agency may, upon its own action, or must, upon written request of an authorized representative of the Department of Labor, withhold or cause to be withheld from the contractor so much of the accrued payments or advances as may be considered necessary to satisfy the liabilities of the prime contractor or any subcontractor for the full amount of wages and monetary relief, including interest, required by the clauses set forth in this section for violations of this contract, or to satisfy any such liabilities required by any other Federal contract, or federally assisted contract subject to ▇▇▇▇▇-▇▇▇▇▇ labor standards, that is held by the same prime contractor (as defined in § 5.2). The necessary funds may be withheld from the contractor under this contract, any other Federal contract with the same prime contractor, or any other federally assisted contract that is subject to ▇▇▇▇▇-▇▇▇▇▇ labor standards requirements and is held by the same prime contractor, regardless of whether the other contract was awarded or assisted by the same agency, and such funds may be used to satisfy the contractor liability for which the funds were withheld. In the event of a contractor's failure to pay any laborer or mechanic, including any apprentice or helper working on the site of the work all or part of the wages required by the contract, or upon the contractor's failure to submit the required records as discussed in paragraph 3.d. of this section, the contracting agency may on its own initiative and after written notice to the contractor, take such action as may be necessary to cause the suspension of any further payment, advance, or guarantee of funds until such violations have ceased.

  • Withholding The Company may withhold from any amounts payable under this Agreement such federal, state, local or foreign taxes as shall be required to be withheld pursuant to any applicable law or regulation.