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Employment Taxes
Employment Taxes contract clause examples

Employment Taxes. All of Executive’s compensation shall be subject to customary withholding taxes and any other employment taxes as are commonly required to be collected or withheld by the Company.

All payments made pursuant to this Agreement shall be subject to withholding of all applicable income, employment and other taxes.

Employment Taxes. The Participant’s share of FICA and FUTA taxes owed on Eligible Income the Participant elects to defer shall be deducted from other compensation payable to the Participant.

Income and Employment Taxes. Executives agrees that Executive shall be responsible for any applicable taxes of any nature (including any penalties or interest that may apply to such taxes) that the Company reasonably determines apply to any payment made hereunder, that Executive’s receipt of any benefit hereunder is conditioned on Executive’s satisfaction of any applicable withholding or similar obligations that apply to such benefit, and that any cash payment owed hereunder will be reduced to satisfy any such withholding or similar obligations that may apply.

Payment of Employment Taxes. The Administrator may accelerate payment of all or a portion of a Participant’s vested Supplemental Company Contributions Accounts, Discretionary Company Contributions Accounts and Elective Deferral Accounts to pay the Federal Insurance Contributions Act (FICA) tax imposed on any portion of such Accounts, and related income tax, consistent with Section 409A; provided, however, that the total payment under this [Section 11.4(b)] shall not exceed the FICA tax and the income tax withholding related to the FICA tax.

Taxes. The Company shall, and shall cause each Subsidiary of the Company to, promptly pay and discharge all taxes, assessments and other governmental charges imposed upon the Company or any such Subsidiary or upon the income, profits, or property of the Company or any such Subsidiary and all claims for labor, material or supplies which, if unpaid, might by law become a lien or charge upon the Property of the Company or any such Subsidiary. Notwithstanding the foregoing, neither the Company nor any Subsidiary of the Company shall be required to pay any such tax, assessment, charge or claim to which the validity thereof shall be contested in good faith by appropriate proceedings, and appropriate reserves therefor shall be maintained on the books of the Company and such other Subsidiary.

Taxes. Borrower shall, and shall cause each of its Subsidiaries to, pay when due all material Taxes of any nature whatsoever now or hereafter imposed or assessed against Borrower or the Collateral or upon Borrower’s ownership, possession, use, operation or disposition thereof or upon Borrower’s rents, receipts or earnings arising therefrom, unless the same are being contested in good faith and by appropriate proceedings diligently conducted and for which adequate reserves are being maintained in accordance with GAAP. Borrower shall, and shall cause each of its Subsidiaries to, file on or before the due date therefor (taking into account proper extensions) all federal and state income Tax returns and other material Tax returns required to be filed.

Taxes. The amounts payable by a Party to the other Party pursuant to this Agreement shall be paid free and clear of any and all taxes, except for any withholding taxes required by Applicable Law. Except as provided in this Section 5.7, the receiving Party shall be solely responsible for paying any and all taxes (other than withholding taxes required by Applicable Law to be deducted from payments and remitted by the paying Party) levied on account of, or measured in whole or in part by reference to, any payments it receives. The paying Party shall deduct or withhold from the payments any taxes that it is required by Applicable Law to deduct or withhold. Notwithstanding the foregoing, if the receiving Party is entitled under any applicable tax treaty to a rate reduction of, or the elimination of, applicable withholding tax, it may deliver to the paying Party or the appropriate Governmental Authority (with the assistance of the paying Party to the extent that this is reasonably required and is expressly requested in writing) the prescribed forms necessary to reduce the applicable rate of withholding or to relieve the paying Party of its obligation to withhold such tax and the paying Party shall apply the reduced rate of withholding or dispense with withholding, as the case may be; provided that the paying Party has received evidence, in a form satisfactory to the paying Party, of the receiving Party’s delivery of all applicable forms (and, if necessary, its receipt of appropriate governmental authorization) at least fifteen (15) days prior to the time that the payments are due. If, in accordance with the foregoing, the paying Party withholds any amount, it shall pay to the receiving Party the balance when due, make timely payment to the proper taxing authority of the withheld amount and send to the receiving Party proof of such payment within ten (10) days following such payment.

Taxes. To the extent [[Unknown Identifier]] is required to deduct and withhold taxes from any payment to BI, [[Unknown Identifier]] shall pay the amounts of such taxes to the proper Governmental Authority in a timely manner and promptly transmit to BI an official tax receipt or other evidence of timely payment sufficient to enable BI to claim the payment of such taxes as a deduction or tax credit. Prior to any payments being made to BI under this agreement, BI shall provide to [[Unknown Identifier]] any tax forms that may be reasonably necessary in order for [[Unknown Identifier]] to not withhold tax and [[Unknown Identifier]] shall dispense with withholding, as applicable. [[Unknown Identifier]] shall provide BI with reasonable assistance to enable the recovery, as permitted by Applicable Laws, of any withholding taxes deducted from payments to BI in any event.

Taxes. If an Account of any Borrower includes a charge for any Taxes, Agent is authorized, in its discretion, during the continuation of a Cash Dominion Trigger Period, to pay the amount thereof to the proper taxing authority for the account of such Borrower and to charge Borrowers therefor; provided, that neither Agent nor Lenders shall be liable for any Taxes that may be due from Borrowers or relate to any Collateral.

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