Tax and Withholdings Sample Clauses

Tax and Withholdings. Each Party shall be responsible for the payment of its respective income and other taxes that arise as a result of the transactions contemplated hereunder.
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Tax and Withholdings. Any withholding taxes levied by tax authorities in the Territory on the payments hereunder shall be borne by BioSearch and deducted by IntraBiotics from the sums otherwise payable by it hereunder for payment to the proper tax authorities on behalf of BioSearch. In such event, IntraBiotics shall deliver to BioSearch evidence of the payment of such taxes. IntraBiotics agrees to cooperate with BioSearch in the event BioSearch claims exemption from such withholding or seeks deductions under any double taxation or other similar treaty or agreement from time to time in force. [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED.
Tax and Withholdings. Any withholding taxes levied by tax authorities in the Territory on the payments hereunder, to the extent due by Biosearch and not transferable upon GENE, shall be borne by Biosearch and deducted by GENE from the sums otherwise payable by it hereunder for payment to the proper tax authorities on behalf of Biosearch. In such event, GENE shall deliver to Biosearch evidence of the payment of such taxes. GENE agrees to cooperate with Biosearch in the event Biosearch claims exemption from such withholding or seeks deductions under any double taxation or other similar treaty or agreement from time to time in force.
Tax and Withholdings. (a) Any withholding taxes levied by tax authorities in the Territory on the payments hereunder, to the extent due by Vicuron and not transferable upon Oscient, shall be borne by Vicuron and deducted by Oscient from the sums otherwise payable by it hereunder for payment to the proper tax authorities on behalf of Vicuron. In such event, Oscient shall promptly deliver to Vicuron an official tax certificate or other evidence of such tax obligations, together with proof of payment from the relevant governmental authority of all amounts deducted and withheld sufficient to enable Vicuron to claim such payment of taxes. Oscient agrees to cooperate with Vicuron in the event Vicuron claims exemption from such withholding or seeks deductions under any double taxation or other similar treaty or agreement from time to time in force.
Tax and Withholdings. Any withholding taxes levied by tax authorities in the Territory on the payments hereunder (other than taxes on Santarus’ sales or income) shall be borne by Pharming and deducted by Santarus from the sums otherwise payable by it hereunder for payment to the proper tax authorities on behalf of Pharming. In such event, Santarus shall deliver to Pharming evidence of the payment of such taxes. Santarus agrees to cooperate with Pharming in the event Pharming claims exemption from such withholding or seeks deductions under any double taxation or other similar treaty or agreement from time to time in force.
Tax and Withholdings. Any withholding taxes levied by tax authorities in the Territory on the payments hereunder (other than taxes on Santarus’ sales or income) shall be borne by Pharming and deducted by Santarus from the sums otherwise payable by it hereunder for payment to the proper tax authorities on behalf of Pharming. In such event, Santarus shall deliver to Pharming evidence of the payment of such taxes. Santarus agrees to cooperate with Pharming in the event Pharming claims exemption from such withholding or seeks deductions under any double taxation or other similar treaty or agreement from time to time in force. *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Tax and Withholdings. With respect to technology access fee, milestone payments and royalties owed to SIBIA under this Agreement, any withholding taxes levied in Japan shall be for the account of SIBIA, and MEIJI agrees to provide SIBIA with a certificate from the Japanese tax authorities regarding such withholding taxes.
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Tax and Withholdings 

Related to Tax and Withholdings

  • Taxes and Withholdings The Employer may withhold from any amounts payable under this Agreement, including any benefits or Severance Payment, such federal, state or local taxes as may be required to be withheld pursuant to applicable law or regulations, which amounts shall be deemed to have been paid to Executive.

  • Deductions and Withholdings All amounts payable or which become payable hereunder shall be subject to all deductions and withholding required by law.

  • Taxes and Withholding No later than the date as of which an amount first becomes includible in the gross income of the Participant for federal, state, local, foreign income, employment or other tax purposes with respect to any Restricted Stock Units, the Participant shall pay to the Company, or make arrangements satisfactory to the Company regarding the payment of, all federal, state, local and foreign taxes that are required by applicable laws and regulations to be withheld with respect to such amount. The obligations of the Company under this Agreement shall be conditioned on compliance by the Participant with this Section 8, and the Company shall, to the extent permitted by law, have the right to deduct any such taxes from any payment otherwise due to the Participant, including deducting such amount from the delivery of Shares upon settlement of the Restricted Stock Units that gives rise to the withholding requirement.

  • Deductions and Withholding The Executive agrees that the Company or its subsidiaries or affiliates, as applicable, shall withhold from any and all compensation paid to and required to be paid to the Executive pursuant to this Agreement, all Federal, state, local and/or other taxes which the Company determines are required to be withheld in accordance with applicable statutes or regulations from time to time in effect and all amounts required to be deducted in respect of the Executive's coverage under applicable employee benefit plans. For purposes of this Agreement and calculations hereunder, all such deductions and withholdings shall be deemed to have been paid to and received by the Executive.

  • Tax Liability and Withholding Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the Participant’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant, vesting, or exercise of the Option or the subsequent sale of any shares acquired on exercise; and (b) does not commit to structure the Option to reduce or eliminate the Participant’s liability for Tax-Related Items.

  • Payroll and Withholding Taxes All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent to the IRS in the ordinary course of the Company's payroll withholding.

  • Tax Reporting and Withholding The Company (and any agent of the Company) shall report all income required to be reported, and withhold from any payment under the Agreement the amount of withholding taxes due, in the opinion of the Company in respect of such income or payment and shall take any other action as may be necessary, in the opinion of the Company, to satisfy all obligations for the reporting of such income and payment of such taxes. The Company, the Board, or any delegatee shall not be held liable for any taxes, penalties, interest, or other monetary amounts owed by Executive or other person as a result of the deferral or payment of any amounts under this Agreement or as a result of the Company’s administration of amounts subject to the Agreement, except as expressly provided herein.

  • Tax Consequences and Withholding No Shares will be delivered to you in settlement of vested Units unless you have made arrangements acceptable to the Company for payment of any federal, state, local or foreign withholding taxes that may be due as a result of the delivery of the Shares. You hereby authorize the Company (or any Affiliate) to withhold from payroll or other amounts payable to you any sums required to satisfy such withholding tax obligations, and otherwise agree to satisfy such obligations in accordance with the provisions of Section 14 of the Plan. You may elect to satisfy such withholding tax obligations by having the Company withhold a number of Shares that would otherwise be issued to you in settlement of the Units and that have a fair market value equal to the amount of such withholding tax obligations by notifying the Company of such election prior to the Vesting Date.

  • Withholding; Deductions All compensation payable hereunder, including salary and other benefits, shall be subject to applicable taxes, withholding and other required, normal or elected employee deductions.

  • Taxes Withholding Etc (a) Payments to Be Free and Clear. All sums payable by any Credit Party hereunder and under the other Credit Documents shall (except to the extent required by law) be paid free and clear of, and without any deduction or withholding on account of, any Tax (other than a Tax on the overall net income of any Lender) imposed, levied, collected, withheld or assessed by or within the United States of America or any political subdivision in or of the United States of America or any other jurisdiction from or to which a payment is made by or on behalf of any Credit Party or by any federation or organization of which the United States of America or any such jurisdiction is a member at the time of payment.

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