Withholding Taxes, etc. All forms of compensation payable pursuant to this Agreement shall be subject to reduction to reflect applicable withholding and payroll taxes and all other deductions required by law.
Withholding Taxes, etc. If at any time during or after the Agreement, any jurisdiction within the Territory requires that taxes be withheld from any payment (or portion thereof) of ICN's compensation under this Article 6, Schering may deduct such amount from the corresponding payment, or, if applicable, ICN will promptly reimburse Schering or its designee(s) such amounts. Schering shall provide ICN with documentation of such withholding and payment in a manner that is satisfactory for purposes of the U.S. Internal Revenue Service. Any withholdings paid when due hereunder shall be for the account of ICN and shall not be included in the calculation of Net Sales. ICN shall be liable for any deficiency, and any fine, assessment or penalty imposed by any taxing authority in the Territory for any deficiency in the amount of any such withholding or the failure to make such withholding payment; if Schering is required to pay any such deficiency, or any fine, assessment or penalty for any such deficiency, ICN shall promptly reimburse Schering for such payments, which shall not be included in the calculation of Net Sales. Notwithstanding the foregoing, in no event shall ICN be liable for any deficiency, fine, assessment or penalty resulting from Schering's failure to withhold the proper amount in accordance with the written instructions of ICN to Schering given in accordance with Section 15.7 hereof.
Withholding Taxes, etc. All of Executive's compensation shall be subject to customary withholding taxes and any other employment taxes as are commonly required to be collected or withheld by the Company.
Withholding Taxes, etc. 27 ARTICLE 7
Withholding Taxes, etc. All compensation or other benefits payable or owing to Employee hereunder shall be subject to withholding taxes and other legally required deductions pursuant to Federal, state or local law in any applicable jurisdiction.
Withholding Taxes, etc will not be caused by the assignment and the amount of the Borrower’s interest payments and other payments (excluding remittance fees and other expenses associated with payments) to the assignee will not increase.
Withholding Taxes, etc. (a) All payments hereunder will be made free and clear without deduction or withholdings for any taxes, duties, fees or other charges unless those deductions or withholdings are required by law.
Withholding Taxes, etc. Any amounts payable hereunder shall be subject to any required withholding taxes and employment-related or other similar taxes.
Withholding Taxes, etc. All payments in respect of interest under this Agreement will be made free and clear without deduction or withholdings for any taxes, duties, fees or other charges, unless those deductions or withholdings are required by law. If the Borrower is required by law to make any such deduction or withholding, it will pay such additional amounts as will result in receipt by the Lender of the full amount which would have been paid had no such deduction or withholding been made. If the Borrower is required by law to make a deduction or withholding, the Borrower shall make that deduction or withholding within the time allowed and in the minimum amount required by law. Within 30 days of making any such deduction or withholding, the Borrower shall deliver to the Lender evidence satisfactory to the Lender that the deduction or withholding has been made and that appropriate payment has been made to the relevant taxing authority.
Withholding Taxes, etc. Section 6.7 is hereby amended by deleting the ----------------------- phrase "and shall not be included in the calculation of Operating Profits" from the third sentence of Section 6.7 and by deleting the phrase ", which shall not be included in the calculation of Operating Profits" from the fourth sentence of Section 6.7.
