Annual updates to Individual Earned Income Estimate Sample Clauses

Annual updates to Individual Earned Income Estimate. Funder may update the Student’s Individual Earned Income Estimate once per year so long as Funder provides notification to student 30 days in advance and Student has not provided updated Informal Income Documentation (or certifies (Individual Earned Income Estimate, expressed annually) x Payment Percentage = Monthly Payment Obligation that the existing Individual Earned Income Estimate on record with Funder is accurate) sometime in the prior 12 month period. Funder may update the Student’s Individual Earned Income Estimate to be the larger of the Student’s existing Individual Earned Income Estimate or Student’s Tax Return Individual Earned Income on the prior Year’s Tax Return (if the Student has submitted Formal Income Documentation by that point), with either figure increased by no more than the twenty year average wage increase in the United States based on the average wage index (AWI) provided by the Social Security Administration1. The Student may elect to increase the Individual Earned Income Estimate for a given year beyond the amounts indicated above.
Sample 1
AutoNDA by SimpleDocs
Annual updates to Individual Earned Income Estimate. Funder may update the Student's Individual Earned Income Estimate once per year so long as Funder provides notification to student 30 days in advance and Student has not provided updated Informal Income Documentation (or certifies that the existing Individual Earned Income Estimate on record with Funder is accurate) sometime in the prior 12-month period. Funder may update the Student's Individual Earned Income Estimate to be the larger of the Student's existing Individual Earned Income Estimate or Student's Tax Return Individual Earned Income on the prior Year's Tax Return (if the Student has submitted Formal Income Documentation by that point), with either figure increased by no more than the twenty year average wage increase in the United States based on the average wage index (AWI) provided by the Social Security Administration1. The Student may elect to increase the Individual Earned Income Estimate for a given year beyond the amounts indicated above.
Sample 1

Related to Annual updates to Individual Earned Income Estimate

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

  • Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two

  • NOTICE TO EMPLOYEES REGARDING THE FEDERAL EARNED INCOME CREDIT The Contractor shall notify its employees, and shall require each subcontractor to notify its employees, that they may be eligible for the Federal Earned Income Credit under the federal income tax laws. Such notice shall be provided in accordance with the requirements set forth in Internal Revenue Service Notice No. 1015.

  • Salary Computation The regular salary for each employee shall be based on the actual number of days or hours worked in the pay period, including authorized absences with pay, multiplied by the employee's daily or hourly rate. Such payments shall not exceed the biweekly rate as determined by the employee's range and step.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • REFUND OF UNEARNED COMPENSATION The Party of the Second Part agrees to refund the Party of the First Part any compensation received for which no services were rendered. TERMINATION: This contract may be terminated by either party pursuant to law. OTHER CONDITIONS: Any subsequent contracts shall supersede the provisions of this contract. Student Achievement and Accountability instructional staff may be required to serve students in more than one location. Given this, the 15TH OF SEPTEMBER, 2016. PARTIES: The Fort Xxxxx School District 100, Party of the First Part, and XXXXXXX X. XXXXXX Party of the Second Part, agree as follows:

  • DEDUCTIONS FROM SALARY A. The Board agrees to deduct from teachers’ salaries membership dues and assessments for the Xxxxxx County Education Association, the Maryland State Teachers’ Association, and the National Education Association as said teachers individually and voluntarily authorize to deduct through an appropriate written authorization form prepared by the Association. The Board agrees to transmit such monies promptly to the Association.

  • HOLIDAY COMPENSATION FOR TIME WORKED 126. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time- and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime as provided for elsewhere in this contract. 127. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Amount of Employer Contribution The Employer Contribution amounts and rules in effect on June 30, 2017 will continue through December 31, 2017.

Time is Money Join Law Insider Premium to draft better contracts faster.