Applicable Tax Rates Sample Clauses

Applicable Tax Rates. For purposes of determining whether the Executive would receive a greater net after-tax benefit were the amounts payable under this Agreement reduced in accordance with Paragraph 7(e)(iii), the Executive shall be deemed to pay:
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Applicable Tax Rates. For purposes of determining whether Employee would receive a greater net after-tax benefit if the amounts payable under this Agreement are reduced in accordance with Section 2.05(c), Employee shall be deemed to pay:
Applicable Tax Rates. 12 vi. Adjustments in Respect of the Payment Cap........12 f. If Termination of Employment Occurs After the Executive Has Reached Age 62...............13
Applicable Tax Rates. For purposes of determining the allocation of the Base Amount and any Supplemental Payment among the Affected Tax Jurisdictions, the Agency shall use the last tax rate utilized for the levy of taxes by each such jurisdiction. For County and Town purposes, the tax rates used shall be the tax rates relating to the calendar year which includes the PILOT Payment due date. For School purposes, the tax rate shall be the rate relating to the school fiscal year which includes the PILOT Payment due date.
Applicable Tax Rates. The Separate Tax Liability of SubGroup will be computed pursuant to
Applicable Tax Rates. The Separate Tax Liability of SubGroup will be computed pursuant to Section 2.2 by applying the then-appropriate corporate tax rates for its computed Separate Taxable Income and Separate Taxable Gains. Any tax adjustments necessitated by this method of allocation to ensure that the sum of tax charges/credits is equal to the tax liability of the Group will be borne by the Parent. 2.6

Related to Applicable Tax Rates

  • Applicable Taxes In the event the Corporation determines that it is required to withhold state or federal income taxes, Social Security taxes, or any other applicable taxes as a result of the payment of the Shares, the Corporation will satisfy such withholding requirements by withholding of Shares otherwise payable upon the settlement of the Award, which Shares will have a Fair Market Value (determined as of the date when taxes would otherwise be withheld in cash) not in excess of the legally required minimum amount of tax withholding.

  • DAC TAX 14.1 The parties to this Agreement agree to the following provisions pursuant to Section 1.848-2(g)(8) of the Income Tax Regulations effective December 29, 1992, under Section 848 of the Internal Revenue Code of 1986, as amended:

  • Issue Tax The issuance of certificates for Warrant Shares upon the exercise of this Warrant shall be made without charge to the holder of this Warrant or such shares for any issuance tax or other costs in respect thereof, provided that the Company shall not be required to pay any tax which may be payable in respect of any transfer involved in the issuance and delivery of any certificate in a name other than the holder of this Warrant.

  • Taxes Withholding Etc (a) Payments to Be Free and Clear. All sums payable by any Credit Party hereunder and under the other Credit Documents shall (except to the extent required by law) be paid free and clear of, and without any deduction or withholding on account of, any Tax (other than a Tax on the overall net income of any Lender) imposed, levied, collected, withheld or assessed by or within the United States of America or any political subdivision in or of the United States of America or any other jurisdiction from or to which a payment is made by or on behalf of any Credit Party or by any federation or organization of which the United States of America or any such jurisdiction is a member at the time of payment.

  • Tax Gross-Up Payment If it shall be determined that any payment to Executive pursuant to this Agreement or any other payment or benefit from the Employer or its affiliates would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”), then Executive shall receive a gross-up payment pursuant to Exhibit A attached hereto.

  • Federal Income Tax Withholding The Bank may withhold all federal and state income or other taxes from any benefit payable under this Agreement as shall be required pursuant to any law or governmental regulation or ruling.

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