Tax Payment Sample Clauses
Tax Payment. In the event it shall be determined that any ----------- payment (other than the payment provided for in this Section 10(a)) or ----- distribution of any type to or for the benefit of the Executive, by the Company, any Affiliate of the Company, any Person who acquires ownership or effective control of the Company or ownership of a substantial portion of the Company's assets (within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the "Code"), and the regulations thereunder) or any Affiliate of such Person, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise (the "Total Payments"), is or will be subject to the excise tax imposed by Section 4999 of the Code or any interest or penalties with respect to such excise tax (such excise tax, together with any such interest and penalties, are collectively referred to as the "Excise Tax"), then the Executive shall be entitled to receive a payment in an amount equal to the Excise Tax imposed upon the Total Payments; provided, however that the Total -------- ------- Payments shall be reduced (but not below zero) if and to the extent that a reduction in the Total Payments would result in the Executive retaining a larger amount, on an after-tax basis (taking into account federal, state and local income taxes and the Excise Tax) than if the Executive received the entire amount of such Total Payments and the amount equal to the Excise Tax. Unless the Executive shall have given prior written notice specifying a different order to the Company to effectuate the foregoing, the Company shall reduce or eliminate the Total Payments by first reducing or eliminating the portion of the Total Payments which are not payable in cash and then by reducing or eliminating cash payments, in each case in reverse order beginning with payments or benefits which are to be paid the farthest in time from the Determination (as hereinafter defined). Any notice given by the Executive pursuant to the preceding sentence shall take precedence over the provisions of any other plan, arrangement or agreement governing the Executive's rights and entitlements to any benefits or compensation.
Tax Payment. If any payment to Executive pursuant to this Agreement or any other payment or benefit from the Company or an Affiliate in connection with a Change in Control or Business Transaction is subject to the excise tax imposed under Code Section 4999 or any similar excise or penalty tax payable under any United States federal, state, local or other law, the Company shall pay an amount to Executive such that, after the payment by Executive of all taxes on such amount, there remains a balance sufficient to pay such excise or penalty tax. Executive shall submit to the Company the amount to be paid under this Section 4.4, together with supporting documentation. If Executive and the Company disagree as to such amount, an independent public accounting firm agreed upon by Executive and the Company shall make such determination.
Tax Payment. (A) Subject to the provisions of this Section 2.2, Tenant shall pay to Landlord, on the first day of the calendar month following the calendar month during which Landlord gives the initial Tax Statement to Tenant, and on the first day of each succeeding calendar month during the Term (until Landlord gives Tenant an additional Tax Statement pursuant to Section 2.2(B) hereof), an amount equal to the quotient obtained by dividing (x) the Tax Payment for the Tax Year covered by such Tax Statement, by (y) twelve (12) (the "Initial Monthly Tax Amount"). If Landlord gives the initial Tax Statement to Tenant after the first day of the Tax Year covered thereby, then Tenant, on the first day of the following calendar month, shall also pay to Landlord an amount equal to the product obtained by multiplying d) the Initial Monthly Tax Amount, by e) the number of calendar months which have elapsed since the beginning of such Tax Year.
(B) Landlord shall give additional Tax Statements to Tenant from time to time in respect of each Tax Year from and after the Tax Year covered by the initial Tax Statement given to Tenant. Subject to the provisions of this Section 2.2, Tenant shall pay to Landlord, on the first day of the calendar month immediately following the calendar month during which Landlord gives to Tenant such additional Tax Statement, and on the first day of each succeeding calendar month during the Term (until Landlord gives Tenant an additional Tax Statement pursuant to this Section 2.2(B)), an amount equal to the quotient obtained by dividing (x) the Tax Payment for the Tax Year covered by such additional Tax Statement, by (y) twelve (the "Subsequent Monthly Tax Amount"). If the Subsequent Monthly Tax Amount exceeds the Initial Monthly Tax Amount, or the Subsequent Monthly Tax Amount calculated using the previous Tax Statement most recently given to Tenant, as the case may be (the amount of any such excess being referred to herein as a "Monthly Tax Deficiency"), then, on the first day of the calendar month immediately following the calendar month during which Landlord gives to Tenant such additional Tax Statement, Tenant shall also pay to Landlord an amount equal to the product obtained by multiplying a) the Monthly Tax Deficiency, by b) the number of calendar months which have elapsed since the beginning of the Tax Year covered by such additional Tax Statement. If the Initial Monthly Tax Amount, or the Subsequent Monthly Tax Amount calculated using the previous...
Tax Payment. If any payment to Executive pursuant to this Agreement or any other payment or benefit made for the benefit of Executive by the Company or an Affiliate in connection with a Change in Control is subject to the excise tax imposed under Code Section 4999 or any similar excise or penalty tax payable under any United States federal, state, local or other law, the Company shall pay to Executive an amount such that, after the payment by Executive of all taxes due on such amount, there remains a balance sufficient to pay the principal amount of such excise or penalty tax. Executive shall promptly submit to the Company the amount to be paid under this Section 4.4, together with supporting documentation. If Executive and the Company disagree as to such amount, an independent public accounting firm appointed by the Company shall make such determination, and such determination shall be final and binding on the parties hereto. Any payment due hereunder shall be made by the Company in the form of a single-sum promptly, but in no event later than December 31st of the calendar year following the year in which Executive remits the amount of such excise or penalty tax to the Internal Revenue Service or other taxing authority.
Tax Payment. 6.1 乙方基於本契約所取得之所得(含薪資、租屋補助),如依法應課徵所得稅,乙方應自行申報及繳納所得稅;薪資部分,則由甲方及丙方依中華民國相關法令規定,代為扣繳所得稅。 Party B shall pay tax, if required, for the income (include Salary and Housing Rental Reimbursement) earned hereunder. Party B shall report and pay tax on his/her own. Party A and Party C shall withhold the income tax from the salary payable to Party B according to the related laws and regulations of the Republic of China.
6.2 於同一課稅年度(自1月1日起至同年12月31日止)在臺停留時間累積未超過 183天者,以18%扣繳。 Party B will be taxed at a rate of 18% for a cumulative stay in Taiwan of less than 183 days in the same tax year (January 1st to December 31st).
Tax Payment. 6.1 乙方基於本契約所取得之所得,如依法應課徵所得稅,乙方應自行申報及繳納所得稅;薪資部分,則由甲方依中華民國相關法令規定,代為扣繳所得稅。 Party B shall pay tax, if required, for the income earned hereunder. Party B shall report and pay tax on his/her own. Party A shall withhold the income tax from the salary payable to Party B according to the related laws and regulations of the Republic of China.
6.2 於同一課稅年度(自1月1日起至同年12月31日止)在臺停留時間累積未超過 183天者,以18%扣繳。 Party B will be taxed at a rate of 18% for a cumulative stay in Taiwan of less than 183 days in the same tax year(January 1st to December 31st) .
Tax Payment. There is no proposed, asserted or assessed tax deficiency against Borrower or any of its Subsidiaries which, if adversely determined, could reasonably be expected to have a Material Adverse Effect.
Tax Payment. YOU HAVE THE OBLIGATION TO PAY ALL YOUR TAX LIABILITY FOR CURRENT AND FUTURE TAX YEARS, INCLUDING PAYMENT OF THE WITHHOLDINGS AND QUARTERLY ESTIMATED TAX PAYMENTS, AND TO COMPLY WITH ALL FILING REQUIREMENTS DURING AND SUBSEQUENT TO OUR WFAS SERVICES.
Tax Payment. Tenant agrees to pay its Proportionate Share of all taxes, assessments and governmental or quasi-governmental charges of any kind and nature whatsoever levied or assessed against the Shopping Center, any other charges, taxes and/or impositions now in existence or hereafter imposed by any governmental authority based upon the privilege of renting the Premises and the fees, expenses and costs incurred by Landlord in contesting any such tax, fee, levy, assessment or charge (all of the foregoing being collectively "Taxes"). Taxes shall also be deemed to include any special taxing district assessment which is imposed in order to fund public or private facilities or transportation management or services for the area in which the Shopping Center is located. Tenant hereby waives and disclaims for itself and all third parties claiming through it, any and all rights and interest to any incentives, or the value of any real estate tax abatement or inducements or the like made or offered (either in the past or in the future) to Landlord by any state or local government agency, development authority, or otherwise in connection with the Premises. During each month of the Term, Tenant shall make a monthly payment to Landlord equal to one twelfth (1/12) of its Proportionate Share of the Taxes on the Shopping Center which will be due and payable for that particular year (the "Tax Payments"). Tenant authorizes Landlord to use the funds deposited with Landlord under this Section 17.2 to pay the Taxes levied or assessed against the Shopping Center. Each Tax Payment shall be due and payable at the same time and in the same manner as the time and manner of the payment of Minimum Guaranteed Rental. The initial monthly Tax Payment is based upon Tenant's Proportionate Share of the Taxes on the Shopping Center for the fiscal tax year in which the Commencement Date is to occur, as estimated by Landlord in good faith, and the monthly Tax Payment is subject to increase or decrease as determined by Landlord to reflect accurately Tenant's Proportionate Share of the Taxes. If following Landlord's receipt of all tax bills for any fiscal tax year Landlord determines that Tenant's total Tax Payments for such period differs from Tenant's actual Proportionate Share of the Taxes on the Shopping Center, then, as appropriate, Tenant shall pay to Landlord the difference upon demand, or Landlord shall retain such excess and credit it to Tenant's future Tax Payments, except that, as to the last Leas...
Tax Payment. 6.1 For the purposes of this Article 6, the following terms shall have the meanings set forth below.