State Withholding. If Exchangor is subject to withholding under state or local law, EAT and/or QI shall be entitled to withhold and pay those amounts required to be withheld by them pursuant to such state or local law unless and until proper exemption from such state or local withholding requirements have been obtained by Exchangor.
Appears in 2 contracts
Sources: Qualified Exchange Accommodation Agreement (CVD Equipment Corp), Qualified Exchange Accommodation Agreement (Northern Technologies International Corp)