Fee Deduction Sample Clauses

The Fee Deduction clause establishes the right of one party to subtract certain amounts from payments owed to the other party, typically to cover specific costs, fees, or outstanding obligations. In practice, this clause may allow a service provider to deduct administrative fees or expenses directly from payments before remitting the balance to the recipient. Its core function is to streamline payment processes and ensure that all agreed-upon deductions are handled transparently, reducing the risk of disputes over payment amounts.
POPULAR SAMPLE Copied 3 times
Fee Deduction. All employees shall, as a condition of employment, either maintain their Union membership or join the Union within thirty (30) days after the signing of this Agreement and remain Union members in good standing. On each pay date on which an employee receives a pay cheque the Board shall deduct from each employee any dues levied in accordance with the Union constitution. The dues deducted in accordance with shall be remitted to the Treasurer of the Union at Mobile Drive, Toronto no later than the fifteenth day of the month following the month in which the deductions were made. Such remittance shall be accompanied with a list identifying the employees, their Social Insurance Numbers and ?he amounts deducted. The Union shall indemnify and save the Board harmless from any claims, suits, attachments and any form of liability as a result of such deductions authorized by the Union. at either When an employee is asked to perform work outside regular classification for a period exceeding three (3) days, shall receive the rate of the job or own regular earned rate, whichever is greater. Any new rate of pay shall be effective the first day the employee commenced duties in the new classification. An Educational Assistant who replaces the regular teacher who is absent for a temporary period shall, subject to qualifications, be paid the occasional teachers rate for each day the teacher is absent. Except for mutual consent, no employee shall be transferred outside of a radius of thirty-five kilometres from current work location.
View Source
Fee Deduction. Fees payable by you for Lazada-coordinated Delivery completed by each reconciliation cut-off date shall be deducted from the Sales Proceeds in your Seller Account. In the event the Sales Proceeds are repeatedly insufficient to pay the service fees payable to Lazada, Lazada may issue you an invoice for payment, and you shall pay such invoiced amounts to Lazada within ten (10) Working Days from the date of the invoice.
View SourceView Similar (4)
Fee Deduction. If any employee in a classification covered by this MOU fails to authorize one of the above deductions within thirty
View Source
Fee Deduction. If any employee in a classification covered by this MOU fails to authorize one of the above deductions within thirty (30) calendar days of date of hire or within thirty (30) calendar days notice of the provisions of this agency shop, the District shall automatically deduct the agency fee from the employee’s paycheck. The District shall determine the timing of such automatic deductions. The requirement that employees who are not members of the Union pay this representation agency fee shall remain in effect until the earlier of: (1) expiration of this Agreement; (2) termination of the Agency Shop clause by action of the bargaining unit; or (3) legislation invalidating the manner in which Agency Shop was adopted. In the event that employees in the representation unit vote to rescind Agency Shop, the provisions of Section 2.6.3 – Maintenance of Membership, shall apply to dues- paying members of the Union.
View SourceView Similar (2)
Fee Deduction. Any and all fees due to Company hereunder may be withdrawn for your Account, and you hereby authorize and direct the Custodian to sell, as necessary, ETF shares in your Account and to transfer money out of your Account to pay the Company such fees. Deducted fees will be reflected in the account statements provided to you by the Custodian.
View Source
Fee Deduction. The Board agrees to deduct from teacher's salaries dues, representation fees, or special project fees, and transmit the monies to the appropriate Association.
View Source
Fee Deduction. Employer will, as a condition of employment, deduct an amount equal to the amount of Membership Fees from the pay of all employees in the Bargaining Unit. The Union shall inform the Employer in of the Membership Fees to be checked off for each employee within the Bargaining Unit. For the purpose of applying Clause deductions from pay for each employee will occur on a biweekly basis. No employee organization, other than the Union, shall be permitted to have Fees deducted by the Employer from the pay of the employees in the Bargaining Unit. The amounts deducted in accordance with Clause shall be remitted to the Comptroller of the Alliance, Street, Ottawa, Ontario, by cheque within a reasonable period of time after deductions are made and shall be accompanied by particulars each employee and the deductions made on his behalf. The Union agrees to indemnify and save the Employer harmless against any claim or liability arising out of the application of this article except for any claim or arising out of an error committed by the Employer. The Employer agrees to identify annually on each employee's slip the total amount of Membership Fees deducted for the preceding year.
View Source
Fee Deduction. You authorise the Agent (and/or us) to deduct the Arrangement Fee, the OID Fee and (if applicable) the Facility B Ticking Fee (as defined in Schedule 1 (Facility B Flex Items)) from the proceeds of the first utilisation under the Facilities.
View Source
Fee Deduction. The Board shall deduct from the pay of each Teacher who is within the scope of this Agreement, 10 equal installments for the fees established by the Association. The Association shall advise the Board in writing of the amount of the fees authorized by the Association membership in keeping with the Constitution and By-laws of the Association. The Board shall remit the total amounts so deducted to the Ontario English Catholic Teachers Association within 10 working days of collection.
View Source

Related to Fee Deduction

  • Employee Deductions A. Upon receipt of a written authorization voluntarily executed by an employee, the County will deduct monthly Association dues, if any, from the salary of an employee who so requests, and transmit said monies to the Association. The parties shall agree upon the form of the written authorization. B. The Association shall indemnify and hold the County harmless against any and all claims, demands, costs (including attorneys’ fees), suits, and all forms of liability and damages (including, but not limited to, compensatory, consequential and punitive damages) which arise or may arise out of or by reason of any action taken or not taken by the County pursuant to paragraph A above.

  • Dues Deduction No member of the bargaining unit shall be required to become a member of the Association as a condition for securing or retaining employment at Kent State University. The University will deduct membership dues in amounts specified by the Association from the pay of members of the bargaining unit upon receipt of individually signed authorizations on a form which has been agreed upon by the University and the Association. If a FTNTT Faculty member has revoked membership in the Association, the Association will promptly notify the University. Upon receipt of such revocation, the University will stop the deduction of membership dues. A. Deductions for membership dues will be made from the pay based on forms submitted on or before the tenth (10th) of that month. All deductions, together with an alphabetical list 2 Adjunct faculty status is an honorific designation denoting the affiliation with a Kent State University program or department of an individual whose primary employment is from outside the University or the department in which adjunct status is held. In the Division of the Regional Campuses, the title denotes part-time employment status. 3 A Visiting Faculty member most typically is a faculty member from another institution who is employed by the University in a full-time faculty capacity for a period normally not to exceed one (1) calendar year. In the event that a Visiting Faculty member should be employed in that capacity for a second consecutive year, the individual will become a member of the Full-Time Non-Tenure Track Faculty bargaining unit covered by this Agreement. of names of members of the bargaining unit whose membership dues have been deducted, shall be transmitted to the Association no later than the fifteenth (15th) of the following month, and upon receipt, the Association shall assume full responsibility for the disposition of all funds deducted. B. The University's obligation to make deductions for membership dues Fee shall terminate automatically upon termination of employment of the FTNTT Faculty member. C. The Association agrees that it will indemnify and hold the University harmless from any and all claims, damages, actions, or suits of any nature arising out of, related to, or in any way connected with the enforcement or application of this Article.

  • Member Nonrecourse Deductions Any Member Nonrecourse Deductions for any Fiscal Year shall be specially allocated to the Member who bears the economic risk of loss with respect to the Member Nonrecourse Debt to which such Member Nonrecourse Deductions are attributable in accordance with Treasury Regulations Sections 1.704-2(i)(1) and 1.704-2(j)(1).

  • Union Dues Deduction The Employer agrees to deduct and forward to the Financial Secretary of the Local Union, upon receipt of a voluntary written authorization, the working dues from the pay of each IBEW member. The amount to be deducted shall be the amount specified in the approved Local Union Bylaws. The Local Union, upon request by the Employer, shall certify such amount to the Employer.

  • Nonrecourse Deductions Nonrecourse Deductions for any taxable period shall be allocated to the Partners in accordance with their respective Percentage Interests. If the General Partner determines that the Partnership’s Nonrecourse Deductions should be allocated in a different ratio to satisfy the safe harbor requirements of the Treasury Regulations promulgated under Section 704(b) of the Code, the General Partner is authorized, upon notice to the other Partners, to revise the prescribed ratio to the numerically closest ratio that does satisfy such requirements.