Common use of Deductions from Distributions Clause in Contracts

Deductions from Distributions. There shall be deducted and withheld from every distribution of every kind under this Agreement any taxes, assessments, or other charges that may be required by law to be deducted or withheld, as well as expenses and charges incurred as set forth herein, to the extent such remain unreimbursed.

Appears in 2 contracts

Samples: Voting Trust Agreement (Boots & Coots International Well Control Inc), Voting Trust Agreement (Boots & Coots International Well Control Inc)

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Deductions from Distributions. There shall be deducted and ----------------------------- withheld from every distribution of every kind under this Agreement AGREEMENT any taxes, assessments, or other charges that may be required by any present or future law to be deducted or withheld, as well as expenses and charges incurred as set forth hereinpursuant to Section 3.5 hereof, to the extent that such expenses and charges remain unpaid or unreimbursed.

Appears in 1 contract

Samples: Voting Trust Agreement (Kinetics Group Inc)

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Deductions from Distributions. There shall be deducted and ----------------------------- withheld from every distribution of every kind under this Agreement AGREEMENT any taxes, assessments, or other charges that may be required by any present or future law to be deducted or withheld, as well as expenses and charges incurred as set forth hereinpursuant to Section 4.4 hereof, to the extent that such expenses and charges remain unpaid or unreimbursed.

Appears in 1 contract

Samples: Voting Trust Agreement (Kinetics Group Inc)

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