Responsibility for Tax Liabilities Sample Clauses

Responsibility for Tax Liabilities. Except as may otherwise be expressly provided in this Agreement, the Company shall not be responsible in any way for any income or other tax liabilities of the Executive due in connection with the receipt by the Executive of any compensation, benefits or perquisites from the Company.
AutoNDA by SimpleDocs
Responsibility for Tax Liabilities. It is the intent of the Parties that, except as otherwise provided herein, Viking shall be responsible for Taxes imposed on, with respect to or attributable to the SpinCo Business for any Pre-Distribution Period, and that Parent and SpinCo shall be responsible for Taxes imposed on, with respect to or attributable to the SpinCo Business for any Post-Distribution Period. In accordance with such intent:
Responsibility for Tax Liabilities. With effect from Completion, each of the Parties shall comply with its obligations in Schedule 8 (Tax Indemnity).
Responsibility for Tax Liabilities pravo da odbaci učešće u povećanju kapitala novčanim ulozima u ime Investitora, osim ako investitor nije naložio da tako postupi. U slučajevima kada RSI Global Investiciono društvo odluči da učestvuje u povećanju kapitala novčanim ulozima kreditiranjem Investitora u okviru dužnosti potrebne pažnje, Investitor će biti u obavezi da uplati u gotovini i jednokratno iznos dospio usljed uplaćenog povećanja kapitala zajedno sa zateznom kamatom koja se obračuna na ovaj iznos u okviru principa neizvršenja i u skladu sa članom 18.1 u roku od 2 (dva) xxxxx xxxx od xxxx korišćenja. Navedeni iznos, koji se ne plaća u gotovini, RSI Global Investiciono društvo izmiruje po službenoj dužnosti, prodajom onoliko finansijskih instrumenta koliko je potrebno, bez potrebe za dodatnim obaveštavanjem. Propisi kojima se reguliše tržište kapitala u vezi sa glasanjem preko punomoćnika rezervisani su za ostvarivanje glasačkih prava u vezi sa finansijskim instrumentima. U slučaju da na računu nema dovoljno sredstava, RSI Global Investiciono društvo ima pravo da ne realizuje isplatu, iako je to u korist investitora, pod uslovom da obavesti investitora najbržom sredstvom komunikacije koji smatra najprikladnijim, čak i ako je investitor dao jasne instrukcije.
Responsibility for Tax Liabilities. (a) Seller shall be responsible for and shall pay (or cause to be paid) any liability for (i) Taxes of the Company for (x) any taxable period ending on or before the Closing Date or (y) the Pre-Closing Straddle Period, (ii) income Taxes that the Company is liable for (including under Treasury Regulation section 1.1502-6 or any similar provision of state, local, or non-U.S. applicable law) as a result of being a member of a Seller Group on or prior to the Closing Date or (iii) income Taxes that the Company is liable for as a result of the Section 338(h)(10) Election; provided, however, that Seller shall not be responsible for and shall not be required to pay (or cause to be paid) any liability for (A) Taxes reflected as current liabilities for the purposes of determining the final Net Working Capital, (B) Taxes attributable to the transactions occurring (or deemed to occur) on the Closing Date but after the Closing (other than those transactions (1) occurring in the ordinary course of business of the Company that would have been occurring regardless of the Closing or (2) deemed to occur as a result of the Section 338(h)(10) Election), (C) Taxes attributable to transactions or services occurring on the Closing Date in connection with agreements entered into by the Company with other Persons at the request or direction of Buyer (other than this Agreement, documents entered into pursuant to this Agreement, and agreements entered into solely to satisfy the liabilities of the Company accrued prior to the Closing), (D) Taxes as a result of a Section 338 Election (for avoidance of doubt, not the Section 338(h)(10) Election) or (E) Transfer Taxes for which Buyer is responsible under Section 10.6 (Taxes described in clauses (A) through (E), “Excluded Taxes”).
Responsibility for Tax Liabilities. The Investor is responsible for the timely payment of all Tax Liabilities related to the Transactions realized within the scope of this Agreement in accordance with the relevant legislation. In the event that any tax authority of Montenegro levies and accrues any tax liability to Finveo acting as the Investor due to any Financial Instrument traded within the framework of this Agreement at the date of transaction or retroactively, the Investor agrees and undertakes to pay Finveo the relevant tax amount demanded immediately and in cash after being notified about this tax debt and receiving the relevant documents. The Investor shall fully compensate any damages and losses that Finveo may incur due to the failure of the Investor to transfer the funds required for the payment of the Tax Liabilities and Finveo in this regard.
Responsibility for Tax Liabilities. The Investor is responsible for the timely payment of all Tax Liabilities related to the Transactions realized within the scope of this Agreement in accordance with the relevant legislation. In the event that any tax authority of Republic of Montenegro levies and accrues any tax liability to Beta Investments acting as the investor’s due to any Financial Instrument traded within the framework of this Agreement at the date of transaction or retroactively, the Investor agrees and undertakes to pay Beta Investments the relevant tax amount demanded immediately and in cash after being notified about this tax debt and receiving institucijama za ili u ime Investitora. 15.2. U vezi sa plaćanjem transakcionih troškova koje treba da pokrije investitor, Beta Investments je ovlašćen da naplaćuje takve iznose xx xxxxxx investitora kreditiranjem Računa investitora bez potrebe da prima dodatna uputstva ili potvrde od Investitora. U slučaju da na xxx transakcije nije moguće u potpunosti ili delimično naplatiti transakcione troškove sa računa investitora, investitor xx xxxxx da deponuje potreban iznos na računima investitora ili da direktno uplati Beta Investments najkasnije u roku od 2 (dva) radna xxxx xxxxx obaveštenja Beta Investments-a. ČLAN 16 - PORESKE OBAVEZE INVESTITORA 16.1. Odgovornost za poreske obaveze: Investitor je odgovoran za blagovremeno plaćanje svih poreskih obaveza u vezi sa transakcijama realizovanim u okviru ovog sporazuma u skladu sa relevantnim propisima. U slučaju da bilo koji poreski organ Republike Crne Xxxx naplaćuje i obračunava bilo kakvu poresku obavezu Beta Investments koji deluje kao predstavnik investitora u vezi xx xxxx kojim finansijskim instrumentom koji se trguje u okviru ovog sporazuma na xxx transakcije ili retroaktivno, Investitor pristaje i obavezuje se da će Beta Investments platiti odgovarajući iznos poreza koji je zahtijevan odmah i u gotovini nakon što je obavešten o ovom poreskom dugu i primio
AutoNDA by SimpleDocs
Responsibility for Tax Liabilities 

Related to Responsibility for Tax Liabilities

  • Responsibility for Taxes You acknowledge that, regardless of any action taken by the Company, any subsidiary or affiliate of the Company, including your employer (“Employer”), the ultimate liability for all income tax (including federal, state, local and non-U.S. taxes), social security, payroll tax, fringe benefits tax, payment on account or other tax-related items related to your participation in the Plan and legally applicable to you or deemed by the Company or the Employer to be an appropriate charge to you even if legally applicable to the Company or the Employer (“Tax-Related Items”) is and remains your responsibility and may exceed the amount actually withheld by the Company or the Employer. You further acknowledge that the Company, any subsidiary or affiliate and/or the Employer: (a) make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the RSUs, including the grant of the RSUs, the vesting of RSUs, the conversion of the RSUs into shares of Common Stock or the receipt of an equivalent cash payment, the subsequent sale of any shares of Common Stock acquired at settlement and the receipt of any dividends; and, (b) do not commit to structure the terms of the grant or any aspect of the RSUs to reduce or eliminate your liability for Tax-Related Items or achieve any particular tax result. Further, if you are subject to Tax-Related Items in more than one jurisdiction, you acknowledge that the Company and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction. Prior to the relevant taxable event, you agree to make adequate arrangements satisfactory to the Company or the Employer to satisfy all Tax-Related Items. In this regard, by your acceptance of the RSUs, you authorize the Company and/or the Employer, or their respective agents, at their discretion, to satisfy their withholding obligations with regard to all Tax-Related Items by one or a combination of the following:

  • Tax Liabilities The Investor understands that it is liable for its own tax liabilities.

  • Allocation of Tax Liabilities The provisions of this Section 2 are intended to determine each Company's liability for Taxes with respect to Pre-Distribution Periods. Once the liability has been determined under this Section 2, Section 5 determines the time when payment of the liability is to be made, and whether the payment is to be made to the Tax Authority directly or to another Company.

  • Income Tax Liability Within ten (10) Business Days after the receipt of revenue agent reports or other written proposals, determinations or assessments of the IRS or any other taxing authority which propose, determine or otherwise set forth positive adjustments to the Tax liability of, or assess or propose the collection of Taxes required to have been withheld by, the Borrower which equal or exceed $100,000 in the aggregate, telephonic or facsimile notice (confirmed in writing within five (5) Business Days) specifying the nature of the items giving rise to such adjustments and the amounts thereof;

  • Responsibilities of Seller Anything herein to the contrary notwithstanding, the exercise by Agent, the Purchaser Agents and the Purchasers of their rights hereunder shall not release Servicer, any Originator or Seller from any of their duties or obligations with respect to any Receivables or under the related Contracts. The Purchasers shall have no obligation or liability with respect to any Receivables or related Contracts, nor shall any of them be obligated to perform the obligations of Seller.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!