Properly payable definition

Properly payable means an instrument that, if presented in the normal course of business, is in a form requiring payment under the laws of this state.
Properly payable means that an instrument presented in the normal course of business is in a form requiring payment under the laws of New Mexico.
Properly payable means refers to an instrument which, if presented in the normal course of business, is in a form requiring payment under the laws of this jurisdiction.

Examples of Properly payable in a sentence

  • Properly payable checks that we consider ineligible for mobile deposit may be presented for deposit by conventional means.

  • Properly payable checks that we have rejected as Exception Items may be presented for deposit by conventional means.

  • Properly payable requests for payment of TIF Funds shall be paid by the City within sixty (60) days of the City’s actual receipt of the distribution of tax increment funds from the Will County Treasurer in respect of the Property.

  • Properly payable requests for payment of TIF Funds shall be paid by the City within sixty (60) days of the City's actual receipt of the distribution of tax increment funds from the Will County Treasurer in respect of the Property.


More Definitions of Properly payable

Properly payable means contractually. Agarwal-v-Cardiff University held a tribunal does have jurisdiction to construe a contract to see what was payable and when. If the contract says a payment is due if, and only if, certain conditions are met and they are not, no tribunal can find an unlawful deduction on the basis the claimant “deserved” payment. I view the claims for holiday and other pay as claims of unlawful deduction.
Properly payable means a legal entitlement. This is not necessarily a contractual entitlement, but generally the tribunal will be looking for terms in the contract in relation to wages.
Properly payable in these circumstances means payable pursuant to contractual terms. It follows that the question for the Tribunal was whether the claimant had agreed to vary his terms of employment. I find, in accordance with the concession made, that he initially agreed in writing to reduce hours and pay to four days per week with a particular day off; he then subsequently, and regularly, agreed to continue with that arrangement by his conduct, on occasions varying the day off.
Properly payable means properly due under her contract. The Court of Appeal in Agarwal v Cardiff University held tribunals are entitled to determine questions of contractual interpretation in the context of a wages claim. Contracts are made when one party makes an offer which the other accepts, valid consideration usually mutual promises, is given and there is an intention to create legal relations. There must be a meeting of minds “consensus ad idem” on all material terms . It takes a contract to vary a contract. So if any variation is not legally binding ,the original terms “ the status quo ante” remain unaltered.
Properly payable shall have the meaning specified in Section 2.1.4.

Related to Properly payable

  • Properly Contested means, in the case of any Indebtedness or Lien, as applicable, of any Person (including any taxes) that is not paid as and when due or payable by reason of such Person’s bona fide dispute concerning its liability to pay same or concerning the amount thereof: (a) such Indebtedness or Lien, as applicable, is being properly contested in good faith by appropriate negotiation, and where appropriate, as determined by Agent in its Permitted Discretion, proceedings promptly instituted and diligently conducted; (b) such Person has established appropriate reserves as shall be required in conformity with GAAP; (c) the non-payment of such Indebtedness will not have a Material Adverse Effect and will not result in the forfeiture of any assets of such Person; (d) no Lien is imposed upon any of such Person’s assets with respect to such Indebtedness unless such Lien is at all times junior and subordinate in priority to the Liens in favor of the Agent (except only with respect to property taxes that have priority as a matter of applicable state law) and enforcement of such Lien is stayed during the period prior to the final resolution or disposition of such dispute; (e) if such Indebtedness or Lien, as applicable, results from, or is determined by the entry, rendition or issuance against a Person or any of its assets of a judgment, writ, order or decree, enforcement of such judgment, writ, order or decree is stayed pending a timely appeal or other judicial review; and (f) if such contest is abandoned, settled or determined adversely (in whole or in part) to such Person, such Person forthwith pays such Indebtedness and all penalties, interest and other amounts due in connection therewith.

  • Untimely payment means a payment to a subcontractor that is more than 90 days past due under the terms and conditions of a subcontract for supplies and services for which the Government has paid the prime contractor.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • chargeable means, as applied to an instrument executed or first executed after the commencement of this Act, chargeable under this Act, and, as applied to any other instrument, chargeable under the written law in force in Tanzania when such instrument was executed, or where several persons executed the instrument at different times, first executed;