CORRECTION OF UNDERPAYMENT Sample Clauses

CORRECTION OF UNDERPAYMENT. The effective date of correction of any salary rate to which an employee is entitled under Sections 599.676, 599.676.1, 599.679, 599.679.1, 599.681, 599.681.1, 599.683, 599.683.1, 599.685, 599.685.1, 599.688, 599.688.1, 599.689, or 599.689.1 shall be as of the time earned except that it shall not be prior to three years from the date the corrective action was initiated.
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CORRECTION OF UNDERPAYMENT. When it is determined that an underpayment has occurred with the payment of any bargaining unit member's salary, the District shall, within five (5) working days following confirmation, provide the bargaining unit member with a statement of the correction and appropriate payment.
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CORRECTION OF UNDERPAYMENT. The effective date of correction of any salary rate to which an employee is entitled under Sections 599.676, 599.676.1, 599.679, 599.679.1, 599.681, 599.681.1, 599.683, 599.683.1, 599.685, 599.685.1, 599.688, 599.688.1, 599.689, or 599.689.1 shall be as of the time earned except that it shall not be prior to three years from the date the corrective action was initialed
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CORRECTION OF UNDERPAYMENT. If the Borrower shall discover or be notified as of any date: (i) that any amount required to be paid to the United States pursuant to this Section 7.16, Section 5.6 of the Indenture and Section 13(a) of the Tax Regulatory Agreement, has not been paid as required; or (ii) that any payment paid to the United States pursuant to this Section 7.16, Section 5.6 of the Indenture, and the Tax Regulatory Agreement shall have failed to satisfy any requirement of Section 1.148 3 of the Regulations (whether or not such failure shall be due to any default by the Borrower or the Trustee), the Borrower shall
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CORRECTION OF UNDERPAYMENT. If the Borrower shall discover or be notified as of any date: (i) that any amount required to be paid to the United States pursuant to this Section 7.16, Section 5.6 of the Indenture and Section 13(a) of the Tax Regulatory Agreement, has not been paid as required; or (ii) that any payment paid to the United States pursuant to this Section 7.16, Section 5.6 of the Indenture, and the Tax Regulatory Agreement shall have failed to satisfy any requirement of Section 1.148 3 of the Regulations (whether or not such failure shall be due to any default by the Borrower or the Trustee), the Borrower shall (A) deliver to the Trustee (for deposit to the Rebate Fund) (i) the Rebate Amount that the Borrower failed to pay, plus any interest, specified in Section 1.148 3(h)(2) of the Regulations, if such correction payment is delivered to and received by the Trustee within one hundred seventy five (175) days after such discovery or notice, or (ii) if such correction payment is not delivered to and received by the Trustee within one hundred seventy five (175) days after such discovery or notice, the amount determined in accordance with clause (i) of this subparagraph (X) plus the 50 percent (50%) penalty required by Section 1.148 3(h)(1) of the Regulations; and (B) deliver to the Trustee an Internal Revenue Service Form 8038 T properly completed (except for signature) as of such date. Notwithstanding any other actions taken pursuant to this subsection (ii), the Borrower shall take such steps as are necessary to prevent the Bonds from becoming “arbitrage bond,” within the meaning of Section 148 of the Code.
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CORRECTION OF UNDERPAYMENT. Pursuant to N.C. Gen. Stat. § 58-3-225(h), PO may recover underpayments or nonpayment by the insurer by making demands for
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Related to CORRECTION OF UNDERPAYMENT

  • Deviation from Grievance Procedure The Employer agrees that, after a grievance has been discussed at Step 2 of the grievance procedure the Employer or his representatives shall not initiate any discussion or negotiations with respect to the grievance, either directly or indirectly with the aggrieved employee without the consent of the xxxxxxx or the Union.

  • Correction of Errors Contractor shall perform, at its own cost and expense and without reimbursement from the District, any work necessary to correct errors or omissions which are caused by the Contractor’s failure to comply with the standard of care required herein.

  • Reporting of Non-Force Majeure Events Each Party (the “Notifying Party”) shall notify the other Parties when the Notifying Party becomes aware of its inability to comply with the provisions of this Agreement for a reason other than a Force Majeure event. The Parties agree to cooperate with each other and provide necessary information regarding such inability to comply, including the date, duration, reason for the inability to comply, and corrective actions taken or planned to be taken with respect to such inability to comply. Notwithstanding the foregoing, notification, cooperation or information provided under this Article shall not entitle the Party receiving such notification to allege a cause for anticipatory breach of this Agreement.

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