Effect of Withholding. If the Company at any time shall be required to withhold any amount from any contribution to the Fund by reason of any federal, provincial or municipal law or regulation, the Company shall have the right to deduct such amount from the contribution and pay only the balance of the Fund.
Effect of Withholding. If by reason of any Federal, Provincial or Municipal law or regula- tion the Company shall be required to withhold an amount from any contribution to an employee’s Supplemental Income Account, the Company shall have the right to deduct such amount from such contribution and to pay only the balance to the Account. In the event an amount is withheld from a contribution to any employee’s Supplemental Income Account by reason of any such law or regulation, the Trustee shall credit the Account only with the balance remaining after such deduction. The Company will endeavour, however, to obtain rulings satis- factory to it which will permit it to deduct from the employee’s weekly pay any amount required to be withheld on account of such contribution. If such ruling is obtained, any such amount required to be withheld shall be deducted from the employee’s weekly pay rather than from the amount of such contribution.
Effect of Withholding. To the extent the Company reasonably determines that it is required to withhold and pay any amount for local, state, federal and/or foreign taxes with respect to any Member, the Company is hereby expressly authorized to make such payment. The amount of any such payment shall be treated as an advance from the Company to the Member with respect to whom the withholding and payment were required, and the Company is hereby expressly authorized to collect repayment of such advance out of any and all distributions which are then or may thereafter become payable to such Member. This Section 10.1(d) shall not preclude the Company from pursuing any other remedy which may be available.
Effect of Withholding. To the extent any amounts are required to be deducted and withheld under any applicable Tax Law pursuant to Section 2.3, Section 2.4(b) or Section 2.5(a), such withheld amounts shall be treated for all purposes as having been paid to the holder from whose Merger Consideration or payments with respect to Company Options the amounts were so deducted and withheld.
Effect of Withholding. To the extent any amounts are required to be deducted and withheld under any applicable Tax Law pursuant to Section 2.3, Section 2.4(b) or Section 2.5(a), such withheld amounts shall be treated for all purposes as having been paid to the holder from whose Merger Consideration or payments with respect to Company Options the amounts were so deducted and withheld.
