Overwithholding. 6.1 Where a Withholding Agent has withheld an amount in excess of the amount required to be withheld, the QI will take all reasonable steps in order to recover the excess amount withheld. Where the QI does receive a refund of an amount withheld, the QI will take all reasonable steps to forward the excess amount to the Client as soon as possible.
Appears in 7 contracts
Samples: Introducer/Carrier Broker Agreement, Introducer/Carrier Broker Agreement, Uniform Type 1 Introducer/Carrier Broker Agreement
