Payroll Processor definition

Payroll Processor has the meaning set forth in Section 3.07(a).
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Payroll Processor means a person that provides payroll processing services for one or more
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Payroll Processor means a person, entity, agent, or company which provides payroll services to an employer or other business such as calculating paychecks and providing electronic funds transfer services for payments to employees and other entities.
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Examples of Payroll Processor in a sentence

  • All applicable transfers of funds shall also be in accordance with the Service Agreement signed by the Professional Payroll Processor (PPP) specified on this form.

  • Central Payroll Processor I,I 5515 Wage Garnishment Processor II 5520 19 Accounts Payable Specialist III 5513 Central Payroll Processor III 5522 Central Payment Distributor .

  • Within five Business Days after the disbursement of the Acquiror Adjustment Amount from the Adjustment Fund, the Securityholder Representative shall direct the Escrow Agent to disburse all amounts then-remaining in the Adjustment Fund, if any, to the Exchange Agent and/or the Payroll Processor (as applicable) for further distribution to the Stockholders and the Optionholders holding Vested Company Options in accordance with their respective Pro Rata Portions.

  • Prior to or on the Closing Date, Purchaser shall, or shall cause MidFirst to, make available to the Paying Agent immediately available funds necessary for the aggregate Per Share Merger Consideration to be paid in respect of the Certificates, the Uncertificated Shares and the Company Restricted Shares pursuant to this Article III, other than any Per Share Merger Consideration Purchaser elects to have paid by the Payroll Processor pursuant to Section 3.02(b) (the “Exchange Fund”).

  • To the extent reasonably practicable, Purchaser shall have the option to fund the Per Share Merger Consideration to be paid with respect to certain Shares that previously represented Company Restricted Shares by funding the necessary amounts to the payroll processor of the Company or Purchaser or any of their respective Affiliates (the “Payroll Processor”) for payment by the Payroll Processor of the Per Share Merger Consideration to the applicable holders, subject to Section 3.03.

  • If the Paying Agent, the Payroll Processor, the Surviving Corporation or Purchaser, as the case may be, so withholds amounts, such amounts shall be remitted to the applicable Governmental Entity and treated for all purposes of this Agreement as having been paid to such Person in respect of which the Paying Agent, the Surviving Corporation or Purchaser, as the case may be, made such deduction and withholding.

  • You wish to participate in our ACH [and/or Payroll Processor (aka third-party sender) programs.

  • Notwithstanding any provision contained herein to the contrary, each of the Paying Agent, the Payroll Processor, the Surviving Corporation and Purchaser shall be entitled to deduct and withhold from the consideration otherwise payable to any Person pursuant to this Article III such amounts to the extent it is required to deduct and withhold with respect to the making of such payment under any provision of Tax law.


More Definitions of Payroll Processor

Payroll Processor means the company that provides you with payroll settlement processing, including but not limited to Distribution;
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Payroll Processor has the meaning set forth in Section 3.04(a). “Person” means any individual, bank, corporation (including not-for-profit), joint-stock company, general or limited partnership, limited liability company, joint venture, estate, business trust, trust, association, organization, Governmental Authority or other entity of any kind or nature. “PM Bank” has the meaning set forth in the Recitals to this Agreement. “Professional Fees” has the meaning set forth in Section 6.03(d). “Prospectus/Proxy Statement” has the meaning set forth in Section 5.06(a). “Qualified Plans” has the meaning set forth in Section 4.02(m)(iii). “Registration Statement” has the meaning set forth in Section 5.06(a). “Regulatory Agreement” has the meaning set forth in Section 4.02(i)(i). “Regulatory Authorities” has the meaning set forth in Section 4.02(i)(i). “Rights” means, with respect to any Person, the stock options, stock appreciation rights, warrants and any other securities or obligations convertible into or exercisable or exchangeable for, or giving any Person any right to subscribe for or acquire, or any options, calls or commitments relating to, or other instrument the value of which is determined in whole or in part by reference to the market price or value of, any shares of capital stock or any other property or assets of such Person. “▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act” has the meaning set forth in Section 4.02(g)(i), as amended, and the rules and regulations promulgated thereunder.
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Related to Payroll Processor

  • Dosimetry processor means an individual or an organization that processes and evaluates individual monitoring devices in order to determine the radiation dose delivered to the monitoring devices.

  • Sub-processor means a third party engaged by the Processor for carrying out processing activities in respect of the Personal Data on behalf of the Processor;

  • Data Processor means an entity that processes Personal Data on behalf of a Data Controller.

  • Subprocessor means any person appointed by or on behalf of Processor to process Personal Data on behalf of the Company in connection with the Agreement.

  • Lockbox Processor means Regulus Group II LLC, or its successors or assigns.