Withholding Obligation definition

Withholding Obligation means the amount determined in the Administrator’s sole discretion to be the minimum sufficient to satisfy all federal, state, local and other withholding tax obligations that the Administrator determines may arise with respect to the issuance of Shares or payment of income earned in respect of any RSUs.

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Withholding Obligation has the meaning set forth in Section 5.3.

Withholding Obligation means any U.S. federal, state, local and/or foreign tax, levies or social insurance contribution withholding obligations of the Company or an Affiliate, if any, which arise in connection with the grant, exercise, vesting or settlement of an Award, as applicable.

Examples of Withholding Obligation in a sentence

The Grantee acknowledges that the withheld Shares may not be sufficient to satisfy the Grantee’s minimum Tax Withholding Obligation.
For clarification purposes, in no event will the Company issue Participant any Shares unless and until arrangements satisfactory to the Administrator have been made for the payment of Participant’s Tax Withholding Obligation.
In the alternative, the Company may require the Participant to pay the Withholding Obligation directly to the Company.
In addition to Shares sold to satisfy the Tax Withholding Obligation, additional Shares will be sold to satisfy any associated broker or other fees.
The Company shall have no obligation upon vesting of Restricted Stock Units to issue the vested Shares otherwise deliverable upon such vesting until payment of the Withholding Obligation has been received or otherwise satisfied.

More Definitions of Withholding Obligation

Withholding Obligation has the meaning ascribed thereto in Section 5.1(f) hereof.

Withholding Obligation shall have the meaning ascribed thereto in Section 5.4 of this Plan of Arrangement. In addition, words and phrases used herein and defined in the BCBCA and not otherwise defined herein shall have the same meaning herein as in the BCBCA unless the context otherwise requires.

Withholding Obligation has the meaning ascribed thereto in Section 7.1(1).

Withholding Obligation means the amounts that any payor shall be entitled to deduct and withhold and remit from any distribution, payment or consideration otherwise payable to any Person pursuant to the Plan;

Withholding Obligation means the amount determined in the Administrator's sole discretion to be the minimum

Withholding Obligation means such amounts as InterOil, ExxonMobil or the Depositary are required to deduct and withhold with respect to such payment under the ITA, the United States Internal Revenue Code of 1986, as amended, or any provision of any other Law;

Withholding Obligation has the meaning ascribed thereto in Section 5.4 of this Plan of Arrangement. In addition, words and phrases used herein and defined in the OBCA and not otherwise defined herein or in the Arrangement Agreement shall have the same meaning herein as in the OBCA unless the context otherwise requires.