Tax, Social Security, Customs Sample Clauses

Tax, Social Security, Customs. (a) The Company has timely filed and maintained true, accurate and complete Tax and Social reports, returns, notices and other documentation as required by applicable Laws, has withheld from its employees and timely paid to the appropriate Governmental Authority proper and accurate amounts for all periods through the date hereof as required by applicable Tax withholding provisions of applicable Laws, and has otherwise complied in all material respects with all applicable Tax and Social Laws. (b) The Company has timely paid all Taxes and Social Charges that became due before the date hereof. The reserves appearing on the books of the Company at the Closing Date are sufficient to pay all Taxes and Social Charges due or that may become due with respect to the period covered thereby, regardless of whether the liability for such Taxes is disputed. (c) No Tax or Social audit or inquiry relating to any Taxes for which the Company is or may be liable is pending, and the Company has not received any information request or similar notice from said authorities, which remains unsatisfied or unresolved. To the Seller's best knowledge, no such audit or inquiry is threatened. (d) The Company is not bound by any undertaking or obligation given in consideration for any Tax or Social benefit or Consent. The Company does not own any asset (i) the tax value of which is less than its net book value, (ii) which is subject to any holding obligation, or (iii) to which any Tax or Social Liability (whether due or to become due) not shown in the Financial Statements is attached. The information provided and the representations made to the Tax or Social authorities by the Company in connection with the obtaining of any Tax or Social benefits or Consents enjoyed by them were true, accurate and complete in all material respects. The incentive and other similar plans enjoyed by the employees of the Company duly qualify for the Tax and Social exemptions normally applicable to them. (e) The Company is entitled to the Tax and Social receivables (including the carry-back receivables) described in ANNEX 4.21(e). (f) The distributable reserves and other distributable amounts appearing in the Financial Statements may be distributed without any Tax burden for the Company. (g) The Company has not been made aware by its tax counsel (external or in-house) or auditors that a position it has taken on certain Tax or Social matters is based on an interpretation of the Tax rules and regulations likely ...
Sample 1
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Tax, Social Security, Customs. (a) Each of the Companies has timely paid and discharged all taxes, and charges accessory to taxes (Steuern und steuerliche Nebenleistungen within the meaning of Section 3 of the German Tax Code (Abgabenordnung) and any comparable taxes and additions thereto under the laws of any non-German jurisdiction), withholdings (including payroll withholdings), public charges and contributions (Beitrage und Gebuhren), arrears, advance payments and social security contributions (Sozialversicherungsbeitrage and comparable charges under the laws of any non-German jurisdiction), surcharges, and penalties for US tax purposes (in each case principal and interest) owed by them (on their own behalf or on behalf of third parties) pursuant to applicable laws and regulations (collectively referred to as "Taxes"). (b) Each of the Companies has filed within the applicable deadlines all Tax and Tax-related declarations, notices, returns and reports as required by applicable laws and regulations. To the best knowledge of the Management Shareholders' Representative and the persons referred to in Exhibit 6.20(b), such declarations, notices, returns and reports are complete and correct, except for the recording of the tax book values of OASIS in INC and, possibly, in OSS. Except for VAT, none of the Companies is currently the beneficiary of any extension of time to file any Tax or Tax-related return. None of the Companies is subject to Taxes, via permanent establishment or otherwise, in any jurisdiction other than the ones in which it is currently filing income Tax returns. All Tax relevant transactions and events have been duly documented in the books and records of the Companies and all bookkeeping and relevant business records (not including a transfer pricing documentation) have been properly prepared and retained and are available for all periods, in each case as required by applicable laws and regulations. There are no Liens on any of the assets of the Companies that arose in connection with any failure (or alleged failure) to pay any Taxes. (c) Except as set forth on Exhibit 6.20(c), none of the Companies is the subject of any Tax audit, any comparable measures under the laws of any non-German jurisdiction, any dispute with any Tax, customs, or social security authority as well as any similar body which may give rise to Taxes, or has received any pending request for information from any such authority or any such similar body. To the best knowledge of the Representing Sharehol...
Sample 1
Tax, Social Security, Customs. (a) Each of the Company and Crystal has timely filed true, accurate and complete Tax and Social reports, returns and notices as required by applicable Laws, has withheld from its employees and timely paid to the appropriate Governmental Authority proper and accurate amounts for all periods through the date hereof as required by applicable Tax withholding provisions of applicable Laws, and has otherwise complied with all applicable Tax and Social Laws. (b) Each of the Company and Crystal has timely paid all Taxes and Social Charges that became due before the date hereof. Each of the Company and Crystal has fully, duly and timely paid all corporate income taxes due on its share of the taxable profits of the current fiscal unity among the Company, Crystal, the Seller and certain of the Seller's Affiliates (the "FISCAL UNITY") for Dutch corporate income tax purposes (vennootschapsbelasting). The Seller has repaid, or caused the repayment of, all advances made by the Company or Crystal to other members of the Fiscal Unity for Taxes with respect to the fiscal year 2002. (c) Except as set forth in ANNEX 3.20(c), to the Seller's best knowledge, (i) none of the Company, Crystal, the Seller and the Seller's Affiliates has received any written information request, notice of initiation of an audit or inquiry or similar written notice from any Tax or Social authorities or bodies relating to any Taxes for which the Company or Crystal is or may be liable, and (ii) no such audit or inquiry has been initiated. (d) Neither the Company nor Crystal enjoys or has enjoyed any Tax or Social benefit, favorable regime or Consent in consideration for or subject to undertakings or obligations by which either of them is still bound. Neither the Company nor Crystal owns any asset (i) the tax value of which is materially less than its net book value, (ii) which is subject to any holding obligation, or (iii) to which any latent or contingent Tax or Social Liability not shown in the Financial Statements is attached. The information provided and the representations made to the Tax or Social authorities by the Company or Crystal in connection with the obtaining of any Tax or Social benefits, favorable regimes or Consents enjoyed by it were true, accurate and complete. The profit-sharing, incentive, stock-options, company sav- ings and other similar plans enjoyed by the Company's and Crystal's employees qualify for the Tax and Social exemptions normally applicable to them. (e) To the Seller...
Sample 1

Related to Tax, Social Security, Customs

  • Social Security (check one)‌

  • Benefit to Citizens of Xxxxxxx County The safety of the citizens of Xxxxxxx County is enhanced through this Agreement, which promotes safe boating conditions and reduces costs associated with patrols of recreational waterways.

  • Customs Cooperation 1. The Parties shall enhance their cooperation in customs and customs-related matters. 2. The Parties affirm their commitment to the facilitation of the legitimate movement of goods and shall exchange expertise on measures to improve customs techniques and procedures and on computerized systems in accordance with this Agreement. 3. The Parties shall assist each other, in the areas within their competence, in the manner and under the conditions set out in this Chapter to ensure that the customs legislation is correctly applied, in particular by preventing, detecting, and investigating operations in breach of that legislation. 4. The Parties shall commit to: (a) pursuing the harmonization of documentation used in trade and data elements in accordance with international standards, for purposes of facilitating the flow of trade between them, in customs-related matters regarding the importation, exportation, and transit of goods; (b) intensifying cooperation between their customs laboratories and scientific departments and working towards the harmonization of customs laboratories methods ; (c) exchanging customs' experts of the Parties; (d) jointly organizing training programs on customs-related issues for the officials who participate directly in customs procedures; (e) developing effective mechanisms for communicating with the trade and business communities; (f) assisting each other, to the extent possible, in tariff classification, valuation, and determination of origin, for the preferential tariff treatment of imported goods, and other customs matters including non- preferential origin; (g) promoting strong and efficient intellectual property rights enforcement by customs authorities, regarding imports, exports, re-exports, transit, transshipments, and other customs procedures, and in particular regarding counterfeit goods; and (h) improving the security, while facilitating trade, of sea-container and other shipments from all locations that are imported into, trans-shipped through, or transiting Korea or Peru. The Parties agree that the objectives of the intensified and broadened cooperation include, but are not limited to: (i) working together to reinforce the customs- related aspects for securing the logistics chain of international trade; and (ii) coordinating positions, to the extent possible, in any multilateral fora where issues related to container security may be appropriately raised and discussed.

  • Unemployment Insurance Unemployment Insurance coverage will be provided during the life of this Agreement for regular and auxiliary employees who would, if employed by a private employer, be eligible for such coverage under the provisions of the Unemployment Insurance Act.

  • Signature on Returns; Tax Matters Partner (a) The Owner Trustee shall sign, on behalf of the Trust, the tax returns of the Trust. (b) The Depositor, as a Certificateholder, shall be designated the “tax matters partner” of the Trust pursuant to Section 6231(a)(7)(A) of the Code and applicable Treasury Regulations.

  • Payroll Nothing in this Agreement shall limit the Company’s right to modify its payroll practices, as it deems necessary.

  • Income Tax Withholding You must indicate on distribution requests whether or not federal tax should be withheld. Distribution requests without a federal withholding statement require the Custodian to withhold federal tax in accordance with IRS regulations. State withholding may also apply for distribution requests received without a withholding statement.

  • Customs Clearance 1. The Parties shall apply their respective customsprocedures in a predictable, consistent, and transparentmanner. 2. For prompt customs clearance of goods traded between theParties, each Party shall: (a) endeavor to make use of information and communications technology; (b) simplify its customs procedures; (c) harmonize its customs procedures, as far as possible,with relevant international standards and recommended practices such as those made under the auspices of theCustoms Co-operation Council; and (d) promote cooperation, wherever appropriate, betweenits customs authority and: (i) other national authorities of the Party; (ii) the trading communities of the Party; and (iii) the customs authorities of non- Parties. 3. Each Party shall provide affected parties with easilyaccessible processes of administrative and judicial review ofits administrative actions relating to customs matters.

  • Payroll Errors Any payroll error resulting in insufficient payment for an employee in the bargaining unit shall be corrected, and a supplemental check issued, not later than five (5) working days after the employee provides notice to the payroll department.

  • Unemployment If an employee or former employee is wholly or partially unemployed, he may claim benefits pursuant to the WW and also claim an enhanced benefit pursuant to the BWRHBO if he complies with the provisions laid down in these regulations.

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