Withholding Amount definition

Withholding Amount has the meaning set forth in Section 2.7; and

Withholding Amount has the meaning set forth in Section 4.9;

Withholding Amount means the minimum amount of withholding taxes including Federal, state and local income taxes and social security and Medicare taxes required to be withheld by the Company by the applicable taxing authorities, as the result of the exercise of an Option.

Examples of Withholding Amount in a sentence

• The Base Withholding Amount will be adjusted each Taxable Year for inflation, using the United States Bureau of Labor Statistics Compensation (Not Seasonally Adjusted): Employment Cost Index for Total Compensation, private industry workers.

• The Base Withholding Amount is equal to the Base Employment Number multiplied by the base average wage multiplied by the effective State income tax withholdings rate.

• 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.

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

• You agree that if you do not pay the Withholding Amount to the Company, the Company may withhold any unpaid portion of the Withholding Amount from any amount otherwise due to you.

More Definitions of Withholding Amount

Withholding Amount means any amount determined by the Plan Administrator or the Company required by applicable law to be withheld for federal income tax withholding purposes. Generally, if a Shareholder fails to deliver to the Plan Administrator a valid taxpayer identification number and fails to certify to the Plan Administrator that such Shareholder is not subject to backup withholding, then the Plan Administrator is required by law to withhold taxes from the amount of Distributions payable to a Shareholder (including Participants). This requirement applies to Distributions reinvested in Shares pursuant to the DRP.

Withholding Amount shall have the meaning set forth in Section 5.15(b) hereof.

Withholding Amount has the meaning set forth in Section 15.04.

Withholding Amount means, with respect to any payment under this Agreement, all such amounts as are required to be withheld or deducted in respect of the holder’s tax obligation under any provision of Tax Law with respect to the making of such payment hereunder.

Withholding Amount has the meaning set forth in Section 1.6 of this Agreement. Sellers:

Withholding Amount shall have the meaning set forth in Section 12.04.

Withholding Amount means the employee-paid portion of any Taxes (including any Employment Taxes) required to be withheld upon the applicable event.