Types of Deductions Sample Clauses

The "Types of Deductions" clause defines the specific categories or kinds of deductions that may be made from payments under a contract. It typically outlines what expenses, taxes, or other amounts can be subtracted from sums owed, such as withholding taxes, penalties, or authorized offsets. By clearly listing allowable deductions, this clause helps prevent disputes over payment calculations and ensures both parties understand how final payment amounts are determined.
Types of Deductions. Subject to normal accounting procedures, teachers may authorize the business office to modify the payment of their contracted salary to include deductions for: 1. Tax sheltered annuities, as authorized by the Internal Revenue Service; 2. insurance premiums; 3. membership dues in the Association and its affiliates, including assessments and voluntary political contributions; 4. OnPoint Credit Union; 5. Clackamas Community Credit Union 6. payment-in-lieu-of-dues; 7. Employee PERS contributions;
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Types of Deductions. Subject to normal accounting procedures and subject to District capability, teachers may authorize the District to modify the payment of their contracted salary to include deductions for: (1) Tax sheltered annuities, as authorized by the Internal Revenue Service, District Policy, and plan document; (2) insurance premiums, if any; (3) membership dues of the Association including assessments and voluntary political contributions; (4) On Point Credit Union; (5) the OEA Foundation; (6) Molalla Boosters; and (7) other programs mutually agreed upon between the District and the Association.
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Types of Deductions. Within 30 days after receipt of written authorization from the teacher, the Board shall deduct from the salary of the teacher and make appropriate remittance for:
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Types of Deductions. Subject to normal accounting procedures, teachers may authorize the school clerk to modify the payment of their contracted salary to include deductions for (1) tax sheltered annuities, as authorized by the Internal Revenue Service; (2) insurance premiums; (3) Association dues; (4) Bank or Credit Union; (5) United Way; (6) political contributions; (7) payment-in-lieu-of-dues; (8) IRS Section 125 program monthly deductions; (9) Lake Oswego School District Foundation; and(10) Oregon Education Association Foundation.
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Related to Types of Deductions

  • Other Deductions The District shall, upon receipt of authorization from an employee, deduct from the employee’s salary and make appropriate remittance for approval insurance plans as noted in Article III, Section 13, tax-sheltered annuities, United Way, or any other plans or programs approved by the Board.

  • Types of Discipline The College may, for just cause, discipline an Employee at any time according to the following sanctions:

  • Other Types of Traffic 8.1 Notwithstanding any other provision of this Agreement or any Tariff: (a) the Parties’ rights and obligations with respect to any intercarrier compensation that may be due in connection with their exchange of Internet Traffic shall be governed by the terms of the FCC Internet Order and other applicable FCC orders and FCC Regulations; and, (b) a Party shall not be obligated to pay any intercarrier compensation for Internet Traffic that is in excess of the intercarrier compensation for Internet Traffic that such Party is required to pay under the FCC Internet Order and other applicable FCC orders and FCC Regulations. 8.2 Subject to Section 8.1 of this Attachment, interstate and intrastate Exchange Access, Information Access, exchange services for Exchange Access or Information Access, and Toll Traffic, shall be governed by the applicable provisions of this Agreement and applicable Tariffs. 8.3 For any traffic originating with a third party carrier and delivered by Ymax to Verizon, Ymax shall pay Verizon the same amount that such third party carrier would have been obligated to pay Verizon for termination of that traffic at the location the traffic is delivered to Verizon by Ymax. 8.4 Any traffic not specifically addressed in this Agreement shall be treated as required by the applicable Tariff of the Party transporting and/or terminating the traffic. 8.5 The Parties may also exchange Internet Traffic at the technically feasible Point(s) of Interconnection on Verizon’s network in a LATA established hereunder for the exchange of Reciprocal Compensation Traffic. Any intercarrier compensation that may be due in connection with the Parties’ exchange of Internet Traffic shall be applied at such technically feasible Point of Interconnection on Verizon’s network in a LATA in accordance with the FCC Internet Order.

  • Certain Types of Accounts (a) You may instruct FIIOC to register purchased shares in your name and account as nominee for your customers. If you hold Portfolio shares as nominee for your customers, all Prospectuses, proxy statements, periodic reports, and other printed material will be sent to you, and all confirmations and other communications to shareholders will be transmitted to you. You will be responsible for forwarding such printed material, confirmations, and communications, or the information contained therein, to all customers for whose account you hold any Portfolio shares as nominee. However, we or FIIOC on behalf of itself or the Portfolios will be responsible for the costs associated with your forwarding such printed material, confirmations, and communications. You will be responsible for complying with all reporting and tax withholding requirements with respect to the customers for whose account you hold any Portfolio shares as nominee. (b) With respect to accounts other than those accounts referred to in paragraph 4(a) above, you agree to provide us with all information (including certification of taxpayer identification numbers and back-up withholding instructions) necessary or appropriate for us to comply with legal and regulatory reporting requirements. (c) Accounts opened or maintained pursuant to the NETWORKING system of the National Securities Clearing Corporation ("NSCC") will be governed by applicable NSCC rules and procedures and any agreement or other arrangement with us relating to NETWORKING. (d) If you hold Portfolio shares in an omnibus account for two or more customers, you will be responsible for determining, in accordance with the Prospectus, whether, and the extent to which, a CDSC is applicable to a purchase of Portfolio shares from such a customer, and you agree to transmit immediately to us any CDSC to which such purchase was subject. You hereby represent that if you hold Portfolio shares subject to a CDSC, you have the capability to track and account for such charge, and we reserve the right, at our discretion, to verify that capability by inspecting your tracking and accounting system or otherwise.

  • Types and Amounts The Issuing Bank shall not have any obligation to: (i) issue any Facility Letter of Credit if the aggregate maximum amount then available for drawing under Letters of Credit issued by such Issuing Bank, after giving effect to the Facility Letter of Credit requested hereunder, shall exceed any limit imposed by law or regulation upon such Issuing Bank; (ii) issue any Facility Letter of Credit if, after giving effect thereto, (1) the then applicable Outstanding Facility Amount would exceed the then-current Aggregate Commitment or (2) the then-applicable Outstanding Facility Amount would exceed the then-current Aggregate Commitment or (3) the Facility Letter of Credit Obligations would exceed the Facility Letter of Credit Sublimit; or (iii) issue any Facility Letter of Credit having an expiration date, or containing automatic extension provisions to extend such date, to a date beyond the then-current Facility Termination Date, provided, further, that a Facility Letter of Credit may, as a result of its express terms or as the result of the effect of an automatic extension provision, have an expiration date of not more than one year beyond the Facility Termination Date, so long as the Borrower delivers to the Administrative Agent for the benefit of the Lenders no later than the then Facility Termination Date either (1) cash collateral for such Letter of Credit for deposit into the Letter of Credit Collateral Account in an amount equal to the stated amount of such Letter of Credit, (2) a backup Letter of Credit having terms acceptable to the Administrative Agent and issued by a domestic financial institution having a rating assigned by ▇▇▇▇▇’▇ or S&P to its senior unsecured debt of AA/Aa2 or better or (3) other collateral satisfactory to the Administrative Agent. Upon the expiration, cancellation or termination of a Facility Letter of Credit for which cash, a backup Letter of Credit or other collateral has been provided pursuant to the preceding clause (1), (2) or (3), the Administrative Agent shall promptly return any such backup Letter of Credit to the Borrower or release such collateral if such extension is not exercised or is not exercisable.