Driver Payments Sample Clauses

Driver Payments. ▇▇▇▇▇▇ agrees to make a payment of one million nine hundred fifty thousand dollars and zero cents ($1,950,000.00) to an account with a third-party claims administrator approved by the District within 45 days of the Effective Date, to be distributed to Eligible Drivers as set forth below:
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Driver Payments. (a) Participant must ensure that when Passengers pay through an ATS by credit, debit, or prepaid card, or an E-Hail App that provides for E-Payment, the Medallion Owner receives deposit of funds within forty-eight (48) business hours, excluding banking holidays, of transmission of a batch close transaction from the ATS, except for incidents when there is a fraud investigation (b) Participant may offer to pay a Driver directly for fares processed via or passed through the ATS. The Driver can receive funds directly from the Participant if both the Driver and the Medallion Owner elect to have the Driver paid directly by the Participant. (1) If the Participant pays the Driver directly and the Participant is the merchant for the transaction processing, any fees withheld by the Participant for processing the credit/debit/prepaid card or E-Payment transaction must not exceed five percent (5%). Participant may not withhold any fees for processing a transaction from a Driver who has paid a Credit Card Processing Surcharge assessed pursuant to §58-21(c)(5)(xi) of TLC’s Rules. (2) If the Participant pays the Driver directly and the Participant is not the merchant, the Participant must not withhold any fees from the Driver for processing the transaction. (3) If the Participant pays the Driver directly using a method other than payment in cash (i.e. via an electronic debit to an account set up for the Driver), funds must be available in accordance with §58-21(f)(1) and (2) of TLC Rules and either (i) there must be no cost to the Driver to access or withdraw their funds, and the Driver must be able to withdraw funds at a location that is within 0.5 miles of the fleet’s garage, or (ii) there must be no cost to the Driver for the set-up and use of the account, the Driver must be able to transfer their funds to a different bank account at least once a week at no cost, and the Driver must be able to use a debit card associated with the account as a credit card with no fee for use of the card, or (iii) there must be no cost to the Driver for the set-up and use of the account, the Driver must be able to transfer their funds to a different bank account or access their funds at an ATM at a reduced fee of $1.50 per transaction, and the Driver must be able to use a debit card associated with the account as a credit card with no fee for use of the card.
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Related to Driver Payments

  • Other Payments You must give your correct TIN, but you do not have to sign the certification unless you have been notified that you have previously given an incorrect TIN. “Other payments” include payments made in the course of the requester’s trade or business for rents, royalties, goods (other than bills for merchandise), medical and health care services (including payments to corporations), payments to a nonemployee for services, payments made in settlement of payment card and third party network transactions, payments to certain fishing boat crew members and fishermen, and gross proceeds paid to attorneys (including payments to corporations).

  • Interim Payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.

  • Payment of Overtime For the purposes of calculating overtime payments, each day or shift will stand-alone.

  • – PREMIUM & OTHER PAYMENT 16.01 Overtime shall be paid for all paid hours over seven and one-half (7½) hours on a shift or seventy-five (75) hours bi-weekly at the rate of one and one-half (1½) times the employee's regular straight time hourly rate of pay. Overtime is subject to authorization by the Director of Nursing or designate. Authorization shall not be unreasonably withheld. In the event of an emergency, authorization may not be required. 16.02 When an employee is required to work on a paid holiday or on a day for which she is entitled to receive time and one-half (1½) her regular straight time hourly rate and she is required to work additional hours in excess of her normal seven and one-half (7½) hour shift on that day, she shall receive two (2) times her regular straight time hourly rate for such additional hours worked. 16.03 If an employee reports for work at the regularly scheduled time and no work is available, such employee will be paid a minimum of four (4) hours pay at her regular straight time hourly rate, provided the employee has not previously received notification orally or in writing not to report. 16.04 Where call-in is requested within one-half (½) hour of the starting time of the shift and the employee commences work within one (1) hour of the call, then the employee will be paid as if the entire shift had been worked, provided she completes the shift for which she was called in. 16.05 It shall be the responsibility of the employee to consult the posted work schedule. Changes to the posted schedule required by the Employer shall be brought to the attention of the employee. Where less than twenty-four (24) hours' notice is given to the employee personally, the employee will be paid four (4) hours’ straight time wages or six (6) hours’ straight time wages if an extended tour. It is understood that call-ins or call-backs are not covered by this provision. 16.06 If an employee works two consecutive shifts she shall be provided a meal by the Employer, or if a meal cannot be provided she shall receive a meal allowance of five dollars ($5.00).

  • FILOT PAYMENTS Section 4.01