Securities Transaction Tax definition

Securities Transaction Tax or “STT” has the meaning given to such term in Clause 3.2.3.2(a) of this Agreement;

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Securities Transaction Tax shall have the meaning assigned under Clause 3.2.3.2.(a).

Securities Transaction Tax means the applicable securities transaction tax that the Purchaser is obligated to withhold from the Purchase Price and pay to the Korean Tax authority.

Examples of Securities Transaction Tax in a sentence

It is hereby clarified that nothing contained in this Agreement or in any other agreement or document shall make the BRLMs liable for: (a) determination of the quantum of the Securities Transaction Tax payable in relation to the Offer; or (b) payment of the Securities Transaction Tax payable in relation to the Offer.
The obligation of the BRLMs in respect of the Securities Transaction Tax will be limited to the remittance by the post-Offer BRLM (on behalf of the BRLMs) of such Securities Transaction Tax pursuant to and in accordance with Applicable Law.
It is hereby clarified that nothing contained in this Agreement or in any other agreement or document shall make the Managers liable for: (a) determination of the quantum of the Securities Transaction Tax payable in relation to the Offer; or (b) payment of the Securities Transaction Tax payable in relation to the Offer.
It is hereby clarified that nothing contained in this Agreement or in any other agreement or document shall make the Lead Managers liable for: (a) determination of the quantum of the Securities Transaction Tax payable in relation to the Offer; or (b) payment of the Securities Transaction Tax payable in relation to the Offer.
Risk of in the money option holder on final expiry day An in the money option holder has the risk of additional STT( Securities Transaction Tax) levy at settlement price based on closing price of the underlying on the final expiry day.

More Definitions of Securities Transaction Tax

Securities Transaction Tax means tax leviable on the taxable securi- ties transactions under the provisions of this Chapter;

Securities Transaction Tax means the securities transaction tax that arises in respect of the sale and purchase of the Ownership Interest as contemplated hereby, pursuant to the Securities Transaction Tax Act of Korea.

Securities Transaction Tax has the meaning given to such term in Clause 3.2.4(a) of this Agreement;

Securities Transaction Tax means securities transaction taxes imposed, whether on or after the date hereof, in connection with the sale and purchase of the Company Shares hereunder under the Securities Transaction Tax Act of Korea .

Securities Transaction Tax means tax leviable on the taxable securities transactions under the provisions of this Chapter;

Securities Transaction Tax or “STT” shall have themeaning assigned under Clause 3.2.3.2(a) of this Agreement;

Securities Transaction Tax has the meaning set forth in Annex H-1.