Required Withholding definition

Required Withholding has the meaning given in Clause 10.1. Sanctions Lists: official sanctions lists and other blacklists, including but not limited to the UK Home Office's List of Proscribed Groups or Terrorist Organisations, HM Treasury's Consolidated List of Financial Sanctions Targets, the European Union's Consolidated List of Persons, Groups and Entities subject to EU Financial Sanctions, OIG List of Excluded Individuals/Entities, United States Specially Designated Nationals and Blocked Persons, United Nations Consolidated Sanctions List, WMD Trade Control Designations, World Banking List of Ineligible Firms, and sanction lists maintained by the US Office of Foreign Assets Control, each as amended from time to time.
Required Withholding means the federal, state or local employment taxes, including applicable FICA and FUTA taxes required to be withheld under Code Sections 3101 and 3501, respectively, from any (a) Elective Deferrals, (b) elective deferrals on behalf of the Participant to the Qualified Plan or to any other Employer-sponsored employee benefit plan, (c) Bonus Deferrals, (d) amounts required to be paid to a third person pursuant to lien, court order or similar process, and/or (e) any other compensation not paid to the Participant in cash, and all federal, state or local income and employment taxes attributable thereto required to be withheld from income, and any additional such taxes attributable to such withholdings. The Administrator shall determine Required Withholdings in its discretion.
Required Withholding has the meaning ascribed to such term in Section 5.03;

Examples of Required Withholding in a sentence

  • The obligations of the Company under this Award will be conditioned on such satisfaction of the Required Withholding.

  • The amount of the Required Withholding and the number of shares to satisfy the Participant’s Required Withholding shall be based on the Fair Market Value of the shares on the date prior to the applicable date of income inclusion.

  • If the Grantee elects to make payment of the Base Price by delivery of irrevocable instructions to a broker to deliver promptly to the Company the amount of sale or loan proceeds required to pay the Base Price, such instructions may also include instructions to deliver the Required Withholding Amount to the Company.

  • The obligations of the Company under this Agreement shall be conditioned on such satisfaction of the Required Withholding.

  • In such case, the Company will notify the broker promptly of its determination of the Required Withholding Amount.

  • Any Grantee who makes a Disqualifying Disposition or an election under Section 83(b) of the Code shall remit to the Company an amount sufficient to satisfy all resulting Required Withholding; provided that, in lieu of or in addition to the foregoing, the Company shall have the right to withhold such Required Withholding from compensation otherwise due to the Grantee or from any Shares or other payment due to the Grantee under the Plan.

  • In such case, the Company will notify the broker promptly of the Company's determination of the Required Withholding Amount.

  • Any Grantee who makes a Disqualifying Disposition or an election under Section 83(b) of the Code shall remit to the Company an amount sufficient to satisfy all resulting Required Withholding, except that in lieu of or in addition to the foregoing, the Company shall have the right to withhold such Required Withholding from compensation otherwise due to the Grantee or from any Shares or other payment due to the Grantee under the Plan.

  • As of any date that a required tax withholding liability (“Required Withholding”) occurs, you must remit all amounts necessary to satisfy the Required Withholding.

  • The Company will not deliver Shares to you or release the restrictions on Shares under this Agreement unless you remit (or in appropriate cases agree to remit) or otherwise provide for the Required Withholding as allowed under the Plan, as amended.


More Definitions of Required Withholding

Required Withholding has the meaning ascribed to such term in Section 5.4; (yy) “Share Consideration” means 0.40 of a Marathon Gold Common Share for each Mountain Lake Common Share;
Required Withholding has the meaning set forth in Article 15.
Required Withholding has the meaning set forth in Section 5.11.1.
Required Withholding shall have the meaning given in Section 5.10.
Required Withholding shall have the meaning set forth in Section 2.7.

Related to Required Withholding

  • Qualified withdrawal means a withdrawal from an account to pay the qualified disability expenses of the designated beneficiary of the account.

  • Nonqualified withdrawal means a withdrawal from an account that is not:

  • Tax Law Change means a change in or proposed change in, or amendment or proposed amendment to, the laws or regulations of the United Kingdom or any political subdivision or any authority thereof or therein having the power to tax, including any treaty to which the United Kingdom is a party, or any change in the application of official or generally published interpretation of such laws or regulations, including a decision of any court or tribunal, or any interpretation or pronouncement by any relevant tax authority that provides for a position with respect to such laws or regulations or interpretation thereof that differs from the previously generally accepted position in relation to similar transactions, which change or amendment becomes, or would become, effective on or after the Issue Date;

  • FATCA Withholding means any withholding or deduction required pursuant to an agreement described in section 1471(b) of the Code, or otherwise imposed pursuant to sections 1471 through 1474 of the Code, any regulations or agreements thereunder, any official interpretations thereof, or any law implementing an intergovernmental approach thereto.

  • Applicable Withholding Taxes means the minimum aggregate amount of federal, state and local income and payroll taxes that the Company is required by applicable law to withhold in connection with any Incentive Award.

  • Withholding Agent means any Loan Party and the Administrative Agent.

  • Coordinated with means that goods or services provided for the benefit of a

  • Withholding Taxes means any taxes, including, but not limited to, social security and Medicare taxes and federal, state and local income taxes, required to be withheld under any applicable law.

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Associated With a Person means to, directly or indirectly, own, manage, operate, join, finance, control, be employed by, receive remuneration from, participate in, consult with, or be connected in any manner with the ownership, management, financing, operation or control of or be connected as an officer, director, employee, partner, member, manager, trustee, principal, agent, representative, consultant, contractor, or otherwise, or use or expressly permit his name or any one or more of his or its tradenames to be used, in connection with such Person. The foregoing shall not include the beneficial ownership solely as an unaffiliated, passive investor of less than five percent (5%) of any class of securities of any business, firm or entity having a class of equity securities actively traded on a national securities exchange, automated quotation system or over-the-counter market.

  • FATCA Withholding Tax means any withholding or deduction required pursuant to FATCA.

  • Child with a disability means a child who, by reason of any of the following, needs special education and related services:

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Swiss Withholding Tax Act means the Swiss Federal Act on the Withholding Tax of October 13, 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

  • Tax Law means the law of any governmental entity or political subdivision thereof relating to any Tax.

  • Swiss Withholding Tax means taxes imposed under the Swiss Withholding Tax Act.

  • Post-Termination Exercise Period means the period following termination of a Participant’s Continuous Service within which an Option or SAR is exercisable, as specified in Section 4(h).

  • Termination Without Cause means the termination of the Employee’s employment by the Employer for any reason other than (i) Termination With Cause, or (ii) a termination by the Employer due to the Employee’s death or disability.