Total Deductions Clause Samples

The 'Total Deductions' clause defines the maximum amount or types of deductions that can be made from payments due under a contract. In practice, this clause outlines what items—such as penalties, damages, or set-offs—may be subtracted from the total amount owed, and may specify limits or conditions for such deductions. Its core function is to provide transparency and prevent disputes by clearly stating how and when deductions can be applied, ensuring both parties understand their financial obligations.
Total Deductions. This is a calculated sum of LDB Exempt Deductions, CRA Claimed Deductions and Other Breakage, Adjustments & Write-offs.
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Total Deductions. This is a calculated sum of ‘Breakage Defective Allowed by CRA and/or LDB’ and ‘Other Breakage, Adjustments & Write-offs’.  Closing Inventory – Calculated – This is calculated by deducting the ‘Total Shipments to the LDB for LDB Distribution’, ‘Total Direct Shipments to Wholesale & Hospitality Customers in BC (including your On-Site Store)’ and ‘Total Deductions’ from the ‘Total Product Available in BC’ column of the Product Movement Summary.  Closing Inventory – Physical – You are required to physically count the inventory (packaged beverage alcohol) you have on hand in any Warehouse in British Columbia. The inventory that you physically counted (converted to hectolitres) should be reported in the ‘Closing Inventory – Physical’ column of the Product Movement Summary. Ensure you retain the inventory count sheets which record the inventory physically counted on March 31 along with the Brewery’s inventory records. INFORMATION ONLY  Difference – This is calculated by deducting the ‘Closing Inventory – Calculated’ total from the ‘Closing Inventory – Physical’ total reported on the Schedule A.  LDB Shrinkage Allowance Calculation – The shrinkage allowance takes into account an acceptable volume of packaged beverage alcohol that may be consumed or written- off in BC activities. By allowing this, a manufacturer does not have to fully document each instance of breakage/destruction which may occur. The rate depends on the annual production volume of the manufacturer. The current rate of the LDB shrinkage allowance is 0.5% of ‘Total Calculated Product Moved in BC’ for the annual production of beer for Breweries with worldwide production level of less than 350,000 hectolitre and 0.3% of ‘Total Calculated Product Moved in BC’ for the annual production of beer for Breweries with worldwide production level is greater than 350,000 hectolitres.  Self-Assessment Calculation – This portion of the Product Movement Summary calculates the ‘Total Deductions Subject to LDB ▇▇▇▇-up’. If the amount is positive, you owe the LDB ▇▇▇▇-up because your non-sale inventory deductions exceed the LDB shrinkage allowance. The LDB will invoice you to recover the ▇▇▇▇-up value based on the LDB Established Retail Price of the excess volume of the unaccounted movement of inventory.  Other – With the submission of your Product Movement Summary, you must provide the LDB a listing of all the Warehouses located in British Columbia where you stored any of your packaged products as at March 31.
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Total Deductions. Net Monthly Income
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Related to Total Deductions

  • Dues Deductions A. The Board agrees to deduct from the salaries of its Employees dues for the Paramus Public School Association of Custodians and Maintenance Workers, the Bergen County Education Association, the New Jersey Education Association of the National Education Association, or any one or any combination of such Associations as said Employees individually and voluntarily authorize the Board to deduct. Such deductions shall be made in compliance with Chapter 233, N.J. Public Laws of 1969 (N.J.S.A. 52:14-15.9e), and under rules established by the State Department of Education. Said monies together with current records of any corrections shall be transmitted to such person as may from time to time be designated by the Paramus Public School Association of Custodians and Maintenance Workers by the 15th of each month following the monthly pay period in which deductions were made. The person designated shall disburse such monies to the appropriate association or associations. B. Each of the associations named above shall certify to the Board, in writing, the current rate of its membership dues. Any association which shall change the rate of its membership dues shall give the Board written notice prior to the effective date of such change. C. The Association agrees to indemnify and reimburse the Board and hold the Board harmless for any improper or erroneous payments made to the Association under this ARTICLE. D. By August 1st of each year, the Association shall supply the Board with an alphabetized list of members who have authorized payroll deductions, indicating the monthly amount of each member's deductions. The effective date for deduction authorization hereafter received shall be as follows: 1. For authorization received after August 1, or prior to October 1, the first deduction should begin with the November pay period, with deductions being retroactive for the September and October pay periods. 2. For authorization received after October 1, but prior to January 1, deductions should begin as of the February pay period and be based on five (5) equal deductions of the total amount. 3. For authorizations received after January 1, or prior to February 15, the first deduction should begin with the March pay period, with deductions being retroactive for the February pay period, which places the Employee on five (5) equal monthly deductions of the total amount.

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions: (A) Deductions from a salaried employee's salary may be made for any workweek in which the salaried employee performs no work. (B) Deductions from a salaried employee's salary may be made when the employee absents himself from work for a full day or days for personal reasons, other than sickness or accident. This provision shall not prevent appropriate deductions from being made from any employee's vacation leave balance pursuant to Article 11 of this Agreement for absences of less than a day for personal reasons, other than sickness or accident. (C) Deductions from an employee's salary may be made when a salaried employee absents himself from work for a day (or days) for sickness or accident disability in accordance with the provisions of Articles 13 and 14 of this Agreement. (D) Deduction in a salaried employee's salary may be made for the initial or terminal week of the salaried employee if the salaried employee fails to work the entire workweek.

  • Dues Deduction Section 1: During the term of this Agreement, the Employer shall deduct initiation fees, assessments levied by the OPBA and the regular monthly OPBA dues from the wages of the employees who have voluntarily signed deduction authorization forms permitting said deductions. No new authorization forms will be required from any employees in the Cortland Police Department for whom the Employer is currently deducting dues. Section 2: The initiation fees, dues, or assessments deducted shall be in the amount established by the OPBA from time to time in accordance with its constitution and by-laws. The OPBA shall certify to the Employer the amounts due and owing from the employees involved. Section 3: The Employer shall deduct dues, initiation fees, or assessments from the first pay in each calendar month. If an employee has no pay due on that pay date, such amounts shall be deducted from the next subsequent pay. Fair Share members have the right of appeal to those portions of Union dues that are not associated with representative activities as outlined in OPBA practices. The fair share fee shall be certified to the City Finance Director by the OPBA. Section 4: A check in the amount of total dues withheld from these employees authorizing a dues deduction shall be tendered to the treasurer of the OPBA within thirty “30” days from the date of making said deductions. Section 5: All members of the bargaining unit after a period of thirty (30) days, as identified in Article 3 of this Agreement, shall either 1) maintain their membership in the OPBA, 2) become members of the OPBA or 3) as a condition of employment, shall in accordance with the Ohio Revised Code, Section 4117.09, employees who are in the bargaining unit but are not members of the OPBA, that such employees shall pay a periodic fair share fee to be determined by the OPBA, but not to exceed dues paid by members of the OPBA in the same bargaining unit; such fair share fee payments to be effective with the date of this Agreement. The Employer agrees to deduct such fair share fees and pay them to the OPBA. Section 6: The OPBA hereby agrees to hold the Employer harmless from any and all liabilities or damages which may arise from the performance of its obligations under this Article and the OPBA shall indemnify the Employer for any such liabilities or damages that may arise.

  • 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.

  • Union Dues Deductions It shall be a condition of employment for all Nurses in the Bargaining Unit, that dues be deducted from their bi-weekly salary in the amount determined by the Union. The deductions for newly employed Nurses shall be in the first pay period of employment. The dues shall be submitted monthly to the Union together with a list of the Nurses from whom the deductions were made.