Withholding Obligations definition

Withholding Obligations means any federal, provincial, state or local law relating to withholding of tax or other required deductions, including the amount, if any, includable in the income of a Participant; and
Withholding Obligations means the amount of federal, state and local income and payroll taxes the Corporation determines in good faith must be withheld with respect to a XXXX Payment. Withholding Obligations may be settled by the Participant, as permitted by the Committee in its discretion, in cash, previously owned shares of common stock of the Corporation or any combination of the foregoing.
Withholding Obligations shall have the meaning set forth in Section 13.12.

Examples of Withholding Obligations in a sentence

  • Indeed, certain Withholding Obligations are not property of the Debtors’ estates because the Debtors have withheld such amounts from the Employees’ paychecks on another party’s behalf.

  • Because the Withholding Obligations may not be property of the Debtors’ estates, the Debtors request that the Court authorize them to transmit the Withholding Obligations on account of the Employees to the proper parties in the ordinary course of business.

  • The Debtors seek authority to pay the applicable Withholding Obligations to the appropriate third-party entities.

  • The Debtors and any applicable third parties are authorized to continue to allocate and distribute Withholding Obligations to the appropriate third-party recipients or taxing authorities in accordance with the Debtors’ stated policies and prepetition practices.

  • The Debtors seek authority to pay the Withholding Obligations to the appropriate third-party entities.


More Definitions of Withholding Obligations

Withholding Obligations has the meaning assigned in Section 11.03.
Withholding Obligations means the amount of federal, state and local income and payroll taxes if any the Company determines in good faith must be withheld with respect to the vesting of a Restricted Stock Award. Withholding Obligations may be settled by the Participant, as permitted by the Committee in its discretion, in shares of Common Stock, cash, previously owned shares of Stock or any combination of the foregoing.
Withholding Obligations has the meaning ascribed thereto in Section 2.10.
Withholding Obligations shall have the meaning set forth in Section 8.8.
Withholding Obligations means the amount of federal, state and local income and payroll taxes the Corporation determines in good faith must be withheld with respect to a KEPP Payment. Withholding Obligations may be settled by the Participant, as permitted by the Committee in its discretion, in cash, previously owned shares of common stock of the Corporation or any combination of the foregoing.
Withholding Obligations shall have the meaning ascribed to such term in Section 6.20(a) hereof.
Withholding Obligations means the applicable requirements of any federal, provincial, state or local law, or any administrative policy of any applicable tax authority, relating to the withholding of tax or any other required deductions with respect to Option grants.