Common use of Obligation to Pay Withholding Taxes Clause in Contracts

Obligation to Pay Withholding Taxes. Upon the vesting of any portion of the Award of Restricted Shares and the Retained Distributions relating thereto, the Participant will be required to pay to the Company any applicable Federal, state, local or foreign withholding tax due as a result of such vesting. The Company's obligation to deliver the Restricted Shares or Retained Distributions shall be subject to such payment. The Company and its Affiliates shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant any Federal, state, local or foreign withholding taxes due with respect to such vesting.

Obligation to Pay Withholding Taxes. Upon the vesting of any portion of the Award of Restricted Shares and the Retained Distributions relating thereto, the Participant Holder will be required to pay to the Company any applicable Federal, state, local or foreign withholding tax due as a result of such vesting. The Company's obligation to deliver the Restricted Shares or Retained Distributions shall be subject to such payment. The Company and its Affiliates Subsidiaries shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant Holder any Federal, state, local or foreign withholding taxes due with respect to such vesting.

Obligation to Pay Withholding Taxes. Upon the vesting of any portion of the Award of Restricted Shares and the Retained Distributions relating thereto, the Participant Holder will be required to pay to the Company any applicable Federal, state, local or foreign withholding tax due as a result of such vesting. The Company's obligation to deliver the Restricted Shares or Retained Distributions shall be subject to such payment. The Company and its Affiliates shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant Holder any Federal, state, local or foreign withholding taxes due with respect to such vesting.

Obligation to Pay Withholding Taxes. Upon the vesting of any portion of the Award of Restricted Shares and the Retained Distributions relating thereto, the Participant will be required to pay to the Company any applicable Federal, state, local or foreign withholding tax due as a result of such vesting. The Company's ’s obligation to deliver the Restricted Shares or Retained Distributions shall be subject to such payment. The Company and its Affiliates shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant any Federal, state, local or foreign withholding taxes due with respect to such vesting.

Obligation to Pay Withholding Taxes. Upon the vesting of any portion of the Award of Restricted Shares and the Retained Distributions relating thereto, the Participant will be required to pay to the Company any applicable Federal, state, local or foreign withholding tax due as a result of such vesting. The Company's ’s obligation to deliver the Restricted Shares or Retained Distributions shall be subject to such paymentpayment of withholding taxes. The Company and its Affiliates shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant the amount of any Federal, state, local or foreign withholding taxes due with respect to such vesting.