Allowable Deductions Sample Clauses
The Allowable Deductions clause defines which specific costs or amounts a party is permitted to subtract from payments owed under a contract. Typically, this clause outlines categories such as taxes, fees, or pre-approved expenses that can be deducted before calculating the final payment. By clearly specifying what deductions are permitted, the clause helps prevent disputes over payment amounts and ensures both parties have a mutual understanding of how net payments are determined.
POPULAR SAMPLE Copied 2 times
Allowable Deductions. When factually applicable, the following deductions may be deducted from gross ▇▇▇▇▇▇▇▇ as determined above:
(a) rebates, volume, quantity, trade or cash discounts, allowed and taken, in amounts customary in the trade;
(b) sales taxes and/or use taxes and/or duties imposed upon, and with specific reference to, particular SALES to the extent included in the amount of gross ▇▇▇▇▇▇▇▇;
(c) amounts allowed or credited on returns, rejections or recalls, voluntary or otherwise (not exceeding the original gross ▇▇▇▇▇▇▇▇); and
(d) charges for freight, freight allowances, and outbound transportation costs prepaid to the extent included in gross ▇▇▇▇▇▇▇▇. No other allowance or deduction shall be made including without limitation allowances or deductions for any commissions or sales fees by whatever name known.
Allowable Deductions. Upon appropriate written authorization from the employee, the District shall deduct from his/her salary and make appropriate remittance for jointly approved payroll deduction plans.
Allowable Deductions. 6.1 The Allowable Deductions are any amounts that HUD is entitled to deduct or set off, either pursuant to clause 13.6 of the Relationship Agreement, or in respect of an event of Non-satisfactory Performance by the Provider as set out in the Key Terms (Part E: Sharing of Data).
Allowable Deductions. It is expressly understood and agreed that none of Lessee’s mining or production costs, including but not limited to costs for materials, labor, overhead, distribution, transportation within the mine permit area prior to the point of sale, loading, crushing, sizing, screening, or general and administrative activities, may be deducted in computing Lessor’s royalty. All such costs shall be entirely borne by Lessee and are anticipated by the rate of royalty set forth in this Lease. In the event that the point of sale for coal produced from this Lease is located outside the mine permit area boundary, Lessee may deduct the reasonable, actual costs of transportation of such coal from the mine permit area boundary to the point of sale from gross proceeds in computing Lessor’s royalty; provided, however, that transportation deductions for coal transported by Lessee, Lessee’s affiliates, or by non-arm’s-length contract are subject to review and modification by Lessor. Lessee shall be allowed to deduct its actual, reasonable washing and treatment costs from gross proceeds in computing Lessor’s royalty; provided, however, that, upon Lessor’s request Lessee shall provide to Lessor appropriate justification to demonstrate that Lessee’s costs are reasonable.
Allowable Deductions. For Payable Au ounces sold from the Golden Dream Mine exceeding 250,000 Au ounces: Net amount due to the PURCHASERS = Payable Au ounces sold multiplied by fifteen (15%) multiplied by the price per ounce of Au received less the Purchase Price per ounce of Au less Allowable Deductions. In equation form the calculation is: Net amount due the PURCHASERS = ((Payable Au ounces sold x 15% x (price per ounce Au received - the Purchase Price)) - Allowable Deductions.
Allowable Deductions. Each party may deduct from the revenue collected under the Program its allowable costs as provided in Penal Code Section 1463.007. The Court may deduct its allowable costs prior to its distribution and deposit of revenue with the County. The County may deduct its allowable costs prior to its distribution of such revenue. Each party’s obligations for collection efforts under the Program remain in effect notwithstanding such party’s inability to deduct its costs related to the Program for any reason. Neither party has any obligation to pay or reimburse the other party for any costs incurred by it in performing its obligations under this Attachment. If the revenue collected under the Program during any month is insufficient to allow a party to deduct all of its costs for that month, and subject to the regulations and guidelines promulgated by the AOC and the SCO, that party may rollover such shortfall to the subsequent month(s) for deduction.
Allowable Deductions. “Gross Sales Price” shall mean all invoiced sales of Approved Products without offset, deduction, or allowances. 4.7.1 “Allowable Deductions” shall include only: (a) sales returns and allowances actually paid, granted or accrued, including trade, quantity and cash discounts and any other adjustments, including those granted on account of price adjustments or billing errors, rejected goods, damaged or defective goods, recalls, or returns; (b) rebates, chargeback rebates, compulsory rebates, reimbursements or similar payments granted or given to wholesalers or other distributors, buying groups, health care insurance carriers or other institutions and compulsory payments to governmental authorities and any other governmental charges imposed upon the sale of such Approved Product to third parties; (c) adjustments arising from consumer discount programs or other similar programs; (d) customs or excise duties, sales tax, consumption tax, value added tax, and other taxes (except income taxes); and (e) charges for packing, freight, shipping and insurance (to the extent that NHSc bears such cost).
Allowable Deductions. When factually applicable, the following deductions may be deducted from gross b▇▇▇▇▇▇▇ as determined above:
(a) rebates, volume, quantity, trade or cash discounts, allowed and taken, in amounts customary in the trade;
(b) sales taxes and/or use taxes and/or duties imposed upon, and with specific reference to, particular SALE to the extent included in the amount of gross b▇▇▇▇▇▇▇;
(c) amounts allowed or credited on returns, rejections or recalls, voluntary or otherwise (not exceeding the original gross b▇▇▇▇▇▇▇); and
(d) charges for freight, freight allowances, and outbound transportation costs prepaid to the extent included in such gross b▇▇▇▇▇▇▇. No other allowance or deduction shall be made including without limitation allowances or deductions for any commissions or sales fees by whatever name known.
Allowable Deductions. Le Max Group reserves the right to deduct from your pay, or, upon the termination of your employment, your final pay, including from any accrued leave entitlements, any sums owed to Le Max Group in respect to the following:
40.1 An amount equivalent to the Wage Rate payable for the relevant notice period required to be given to Le Max Group upon resignation as set out in Clause 32 where you fail to provide such notice;
40.2 Over-payments of your Wage Rate, other benefits or over-reimbursement of expenses (in the course of your employment);
40.3 The replacement value of any Le Max Group Property that you have failed to return upon termination of employment, as required by Clause 39; and
40.4 The value of any unaccrued leave that has been taken in advance.
Allowable Deductions a. For Products that are uranium-bearing, “Allowable Deductions” shall mean and include all of the following: