Annualised payments Sample Clauses

Annualised payments. (i) If an agreement between the Employer and all practitioners concerned is reached, the relevant on call payment may be annualised and paid fortnightly. There must be no additional cost to the Employer as a result. (ii) The Employer or practitioners may, by giving four weeks written notice, withdraw from such an annualised payment system.
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Annualised payments. 21.7.1 Where mutually agreed between the Company and the Employee an Employee may be paid on the basis of an annualised salary, where the annualised salary provides remuneration in excess of the base rate for the appropriate grade. The agreement for the annual salary will be in recognition that such salary applies either fully or in part in lieu of provisions relating to overtime, annual leave loading, notification of working times, RDO's etc. 21.7.2 Agreements for the introduction of salaried arrangements shall be progressed in consultation of the Workplace Agreement Consultative Committee and such agreements shall be recorded in writing. The terms of such Agreements shall remain confidential between the Company and the Employee except as may be required by law.

Related to Annualised payments

  • Refused Payments We reserve the right to refuse to pay any Receiver. We will attempt to notify the Sender promptly if we decide to refuse to pay a Receiver designated by the Sender. This notification is not required if you attempt to make a prohibited payment under this Agreement.

  • Returned Payments If after receipt of any payment which is applied to the payment of all or any part of the Obligations (including a payment effected through exercise of a right of setoff), the Administrative Agent or any Lender is for any reason compelled to surrender such payment or proceeds to any Person because such payment or application of proceeds is invalidated, declared fraudulent, set aside, determined to be void or voidable as a preference, impermissible setoff, or a diversion of trust funds, or for any other reason (including pursuant to any settlement entered into by the Administrative Agent or such Lender in its discretion), then the Obligations or part thereof intended to be satisfied shall be revived and continued and this Agreement shall continue in full force as if such payment or proceeds had not been received by the Administrative Agent or such Lender. The provisions of this Section 2.21 shall be and remain effective notwithstanding any contrary action which may have been taken by the Administrative Agent or any Lender in reliance upon such payment or application of proceeds. The provisions of this Section 2.21 shall survive the termination of this Agreement.

  • Returned Payment Fee If your account is subject to a Returned Payment Fee, the fee will be charged to your account when a payment is returned for any reason.

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