Scheme Withholding Event definition

Scheme Withholding Event means in relation to any Firm Scheme the occurrence of any of a XX0 Xxxxx, XX0 Event or a SW3 Event;
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Examples of Scheme Withholding Event in a sentence

  • In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b)(i), the Agency shall (subject to any agreed adjustment under the implementation of any adjustment16) be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient in relation to that Firm Scheme.

  • In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b)(i), Homes England shall (subject to any agreed adjustment under the implementation of any adjustment19) be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient in relation to that Firm Scheme.

  • In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b) (iii), the Agency shall be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient in relation to that Firm Scheme and recover any capital grant already paid in relation to that scheme.

  • In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b) (iii), Homes England shall be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid to the Grant Recipient in relation to that Firm Scheme and recover any capital grant already paid in relation to that scheme.

  • Dr. Heilman approved the following:⮚ Agreements/MOUs/Contracts• Columbia College, Columbia, MO⮚ MLT Agreements• Stormont Vail Health, Topeka, KS• Duke University Health System, Inc., Durham, NC• Sheridan County Health Complex, Hoxie, KS• Sullivan County Memorial Hospital, Milan MO• Susan B.

  • In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraphs (b) (ii and iv), the Agency shall be entitled to suspend payment of all capital grant allocated but as yet unpaid under the Contract until the relevant condition has been satisfied or satisfactory steps taken to remedy the relevant breach within such timescale as the Agency shall reasonably require in each case.

  • In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b)(i), the Agency shall (subject to any agreed adjustment under the implementation of any adjustment18) be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid in relation to that Firm Scheme.

  • In the event of the occurrence of a Scheme Withholding Event of the type described in sub-paragraph (b) (iii), the Agency shall be entitled permanently to withhold and reallocate all capital grant allocated but as yet unpaid in relation to that Firm Scheme and recover any capital grant already paid in relation to that scheme.

Related to Scheme Withholding Event

  • Unpaid withholding tax means withholding tax due but not paid by the date the withholding tax is required to be paid under applicable law.

  • 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.

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

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law. Annex 1 – Data Processing

  • Change in Control Termination means that while this Agreement is in effect:

  • Change in condition means a change in physical condition of the employee as well as any change

  • Foreign Benefit Event means (a) with respect to any Foreign Pension Plan, (i) the existence of unfunded liabilities in excess of the amount permitted under any applicable law, or in excess of the amount that would be permitted absent a waiver from a Governmental Authority, (ii) the failure to make the required contributions or payments, under any applicable law, on or before the due date for such contributions or payments, (iii) the receipt of a notice by a Governmental Authority relating to the intention to terminate any such Foreign Pension Plan or to appoint a trustee to administer any such Foreign Pension Plan, or to the insolvency of any such Foreign Pension Plan and (iv) the incurrence of any liability of the Borrowers under applicable law on account of the complete or partial termination of such Foreign Pension Plan or the complete or partial withdrawal of any participating employer therein and (b) with respect to any Foreign Plan, (i) the occurrence of any transaction that is prohibited under any applicable law and could result in the incurrence of any liability by the Borrowers, or the imposition on the Borrowers of any fine, excise tax or penalty resulting from any noncompliance with any applicable law and (ii) any other event or condition that could reasonably be expected to result in liability of any of the Borrowers.

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

  • 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.

  • Qualifying Change in Control means the date on which there occurs a Change in Control that also qualifies as: (i) a change in the ownership of the Corporation, as determined in accordance with Section 1.409A-3(i)((5)(v) of the Treasury Regulations, (ii) a change in the effective control of the Corporation, as determined in accordance with Section 1.409A-3(i)((5)(vi) of the Treasury Regulations, or (iii) a change in the ownership of a substantial portion of the assets of the Corporation, as determined in accordance with Section 1.409A-3(i)((5)(vii) of the Treasury Regulations.