Deduction Procedures Sample Clauses

The Deduction Procedures clause outlines the process by which certain amounts may be subtracted from payments due under a contract. Typically, this clause specifies the circumstances under which deductions can be made, such as for incomplete work, defects, or outstanding obligations, and details the steps required to notify the other party and calculate the deduction. Its core practical function is to provide a clear and fair mechanism for adjusting payments, thereby reducing disputes and ensuring that parties are compensated appropriately for the actual value delivered.
Deduction Procedures. With respect to all sums deducted by the District pursuant to authorization of the employee for membership dues, the Board agrees to remit monthly such monies to the Redlands Teachers Association accompanied by an alphabetical list of employees for whom such deductions have been made.
Deduction Procedures. With respect to all sums deducted by the District pursuant to authorization of the employee for membership dues, the Board agrees to remit monthly such monies to the Association accompanied by an alphabetical list of employees for whom such deductions have been made.
Deduction Procedures. A. Deduction shall be made from the employee’s salary or wages, sickness, or other benefit payments or paid time off payments as follows: PAID DEDUCTIONS Bi-Weekly and/or Installments in the first 2 bi-weekly and each Semi-Monthly semi-monthly periods each month; B. Deductions shall begin during the first (1st) payroll period in the month following receipt of a newly executed membership authorization card by NDWA payroll office, and provided there is sufficient pay available to cover the amount authorized after the following deductions have been made: 1. those required by law, and 2. those authorized in this Agreement for Health and Welfare Premiums, if applicable. C. If the scheduled deduction for amounts equal to Union dues cannot be made in the period(s) specified above, such deduction(s) will be made during the consecutive payroll periods ending no later than the last payroll period in the following month. D. “Payroll Deduction Authorizations” shall be suspended when an employee: 1. is transferred to a job that is not represented by the CWA, 2. goes on a Leave of Absence of more than one (1) month, or 3. is removed from the payroll of NDWA.
Deduction Procedures. The employer agrees to deduct from the earnings of each employee member, union dues when said employee has properly authorized such deductions in writing. The Employer will forward all dues deduction monies collected on a monthly basis to the Treasurer of Communications Workers of America, AFL-CIO Local 1034 as listed below: Communications Workers Of America, AFL-CIO Local 1034 ▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ Attn: Treasurer The payroll company’s list of names, addresses, social security number, weekly salary and amount of deduction will be included. The dues amount will be calculated on the basis of 1.154% of the employee’s base salary. In no event should dues be deducted from overtime or bonus money. It should, however, be deducted from paid leave time, such as holiday, vacation, sick, etc.
Deduction Procedures. A. Deduction shall be made from the employee’s salary or wages, sickness, or other benefit payments or paid time off payments as follows:
Deduction Procedures. Deduction shall be made from the employee’s salary or wages, sickness, or other benefit payments or paid time off payments as follows: EMPLOYEE PAY DEDUCTIONS Dues and fees will be deducted each pay period. A. Deductions shall begin during the first payroll period in the month following receipt of a newly executed membership authorization card by the Center’s payroll office, and provided there is sufficient pay available to cover the amount authorized after the following deductions have been made: a. those required by law, and b. those authorized in this Agreement for Health and Welfare Premiums, if applicable. B. If the scheduled deduction for amounts equal to Union dues cannot be made in the period(s) specified above, such deduction(s) will be made during the consecutive payroll periods ending no later than the last payroll period in the following month. C. “Payroll Deduction Authorizations” shall be suspended when an employee: a. is transferred to a job that is not represented by the CWA, b. goes on an unpaid Leave of Absence of more than one month, or c. is removed from the payroll of the Center. D. “Payroll Deduction Authorizations” suspended in accordance with the above provisions shall be reactivated on the first payroll period following the return of an employee to a job that is represented by the Union.
Deduction Procedures. The employer agrees to deduct from the earnings of each employee member, union dues when said employee has properly authorized such deductions in writing. The Employer will forward all dues deduction monies collected on a monthly basis to the Treasurer of Communications Workers of America, AFL-CIO Local 1036 as listed below: Communications Workers of America, Local ▇▇▇▇ ▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ W. Trenton, New Jersey 08628 Attention: Treasurer The payroll company’s list of names, addresses, social security number, weekly salary and amount of deduction will be included. The dues amount will be calculated on the basis of 1.154% of the employee’s base salary. In no event should dues be deducted from overtime or bonus money. It should, however, be deducted from paid leave time, such as holiday, vacation, sick, etc.

Related to Deduction Procedures

  • Election Procedures (a) Each record holder of Shares (other than Dissenting Shares, if any, Shares owned by Textron and shares to be cancelled in accordance with Section 3.1(b)) issued and outstanding immediately prior to the Effective Time shall be entitled to submit a request specifying the portion of such record holder's Shares which such record holder desires to have converted into (i) the Cash Consideration (a "Cash Election"), (ii) the Stock Consideration (a "Stock Election") or (iii) the Mixed Consideration (a "Mixed Election"), or to indicate that such record holder has no preference as to the receipt of Cash Consideration, Stock Consideration or Mixed Consideration for such Shares (a "Non-Election"). Shares in respect of which a Non-Election is made (including Shares in respect of which such an election is deemed to have been made pursuant to this Section 3.2(a) and Section 3.1(g)) (collectively, "Non-Election Shares") shall be deemed to be Shares in respect of which a Cash Election has been made. (b) Elections pursuant to Section 3.2(a) shall be made on the form of letter of transmittal and form of election (the "Letter of Transmittal and Form of Election") to be provided by the Paying Agent (as defined in Section 3.3(a)) to holders of record of Shares, together with instructions for use in effecting the surrender of the Certificates for payment therefor, as soon as practicable following the Effective Time. The Letter of Transmittal and Form of Election shall specify that delivery shall be effected, and risk of loss and title to the Certificates transmitted therewith shall pass, only upon proper delivery of the Certificates to the Paying Agent. Elections shall be made by mailing to the Paying Agent a duly completed Letter of Transmittal and Form of Election in accordance with Section 3.3(b). To be effective, a Letter of Transmittal and Form of Election must be (i) properly completed, signed and submitted to the Paying Agent at its designated office and (ii) accompanied by the Certificates representing the Shares as to which the election is being made (or by an appropriate guarantee of delivery of such Certificates by a commercial bank or trust company in the United States or a member of a registered national security exchange or of the National Association of Securities Dealers, Inc., provided such Certificates are in fact delivered to the Paying Agent within eight Trading Days after the date of execution of such guarantee of delivery). The Company shall determine, in its sole and absolute discretion, which authority it may delegate in whole or in part to the Paying Agent, whether any Letter of Transmittal and Form of Election has been properly completed, signed and submitted or revoked. The decision of the Company (or the Paying Agent, as the case may be) in such matters shall be conclusive and binding. Neither the Company nor the Paying Agent will be under any obligation to notify any person of any defect in a Letter of Transmittal and Form of Election submitted to the Paying Agent.

  • Collection Procedures (a) On or before the Closing Date, the Seller and the Purchaser shall have established and shall maintain thereafter the system of collecting and processing Collections of Receivables in accordance with Section 2.02 of the Servicing Agreement. (b) The Seller shall cause all in-store payments to be (i) processed as soon as possible after such payments are received by the Seller but in no event later than the Business Day after such receipt, and (ii) delivered to the Servicer or, if a Daily Payment Event has occurred, deposited in the Collection Account no later than the second Business Day following the date of such receipt. (c) The Seller and the Purchaser shall deliver to the Servicer or, if a Daily Payment Event has occurred, deposit into the Collection Account all Recoveries received by it within two Business Days after the Date of Processing for such Recovery. (d) Any funds held by the Seller representing Collections of Receivables shall, until delivered to the Servicer or deposited in the Collection Account, be held in trust by the Seller on behalf of the Trustee as part of the Trust Estate. (e) The Seller hereby irrevocably waives any right to set off against, or otherwise deduct from, any Collections. (f) The Seller acknowledges that Seller shall not have any right, title or interest in and to any Trust Account.

  • Notification Procedures To address non-compliance, the receiving Competent Authority would notify the providing Competent Authority pursuant to Article 5 of the IGA. The notification procedures would differ depending upon whether the receiving Competent Authority seeks to address administrative or other minor errors or significant non-compliance.

  • Selection Procedures In selecting the Loan Assets to be Pledged pursuant to this Agreement, no selection procedures were employed which are intended to be adverse to the interests of the Lenders.

  • Induction Procedures a) The parties to this Agreement acknowledge that it is in the interests of the industry that all new employees and employers on a building project understand their obligations to this Agreement and are introduced to their jobs in a manner which will help them work safely and efficiently. b) In order to achieve this it is recommended that, in conjunction with the Site Management, Job ▇▇▇▇▇▇▇ and Safety Supervisor/Safety Committee, new employees and new employers be given an explanation of the following: ⮚ The Rights and Obligations of this Agreement including its disputes/grievance resolution procedures; ⮚ The appropriate issue of work clothing and safety equipment as per this Agreement; ⮚ Safety Rules and Procedures including relevant legislation; ⮚ Superannuation entitlements; ⮚ Long Service Leave provisions; ⮚ Redundancy Pay entitlements; ⮚ Site Emergency procedures; ⮚ Award or Enterprise Agreement rates of pay; ⮚ Site-specific matters such as security, etc. procedures; ⮚ Rights, obligations and benefits of union membership. c) The induction presentation and material shall have regard to the language skills of the employee/employer.