Deductions and Withholdings Required by Law Sample Clauses

Deductions and Withholdings Required by Law. If any deductions or withholdings are required by law to be made from any sums the Vendors shall be obliged to pay the Purchaser such amount as will after the deduction or withholding has been made leave the Purchaser with the same amount as it would have been entitled to receive in the absence of such requirement to make a deduction withholding or set-off provided that if the Purchaser subsequently receives a credit for such deduction or withholding then such credit shall be applied in accordance with the provisions of Clause 7.
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Deductions and Withholdings Required by Law. Subject to Clause 18.4, if any party to this Agreement makes a deduction or withholding required by law from a payment under this Agreement in respect of any Warranty or indemnity or any breach of this Agreement (other than in respect of interest under Clause 17):
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Deductions and Withholdings Required by Law. 6.2.1 If any deduction or withholding is required by law to be made from a payment under this Agreement other than a Purchase Price Payment, the payer shall make such deduction or withholding and account to the relevant Tax Authority for such deduction or withholding within the time allowed and in the minimum amount required by law, and shall give the recipient a certificate or official receipt of the amount for which it accounted to the relevant Tax Authority.
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Deductions and Withholdings Required by Law. If any deductions or withholdings are required by law to be made from any sums, the Vendor shall be obliged to pay the Purchaser such amount as will, after the deduction or withholding has been made, leave the Purchaser with the same amount as it would have been entitled to receive in the absence of such requirement to make a deduction, withholding or set- off provided that if the Purchaser subsequently receives a credit for such deduction or withholding then such credit shall be applied in accordance with the provisions of Clause 6.
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Related to Deductions and Withholdings Required by Law

  • Deductions and Withholding The Executive agrees that the Company or its subsidiaries or affiliates, as applicable, shall withhold from any and all compensation paid to and required to be paid to the Executive pursuant to this Agreement, all Federal, state, local and/or other taxes which the Company determines are required to be withheld in accordance with applicable statutes or regulations from time to time in effect and all amounts required to be deducted in respect of the Executive's coverage under applicable employee benefit plans. For purposes of this Agreement and calculations hereunder, all such deductions and withholdings shall be deemed to have been paid to and received by the Executive.

  • Deductions and Withholdings All amounts payable or which become payable hereunder shall be subject to all deductions and withholding required by law.

  • Withholdings; Deductions The Company may withhold and deduct from any benefits and payments made or to be made pursuant to this Agreement (a) all federal, state, local and other taxes as may be required pursuant to any law or governmental regulation or ruling and (b) any deductions consented to in writing by Employee.

  • Withholding; Deductions All compensation payable hereunder, including salary and other benefits, shall be subject to applicable taxes, withholding and other required, normal or elected employee deductions.

  • Tax Liability and Withholding Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.

  • Payroll and Withholding Taxes All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent to the IRS in the ordinary course of the Company's payroll withholding.

  • Withholdings and Deductions All Compensation described in this Article 3 shall be less such deductions as may be required to be withheld by applicable law and regulation.

  • Taxes and Withholding No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

  • Taxes and Withholdings The Employer may withhold from any amounts payable under this Agreement, including any benefits or Severance Payment, such federal, state or local taxes as may be required to be withheld pursuant to applicable law or regulations, which amounts shall be deemed to have been paid to Executive.

  • Withholding, Etc The payment of any Salary and bonus hereunder shall be subject to applicable withholding and payroll taxes, and such other deductions as may be required by law or the Company's employee benefit plans.

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