Distribution of Paychecks Sample Clauses

Distribution of Paychecks. All employee pay will be in form of direct deposit to a bank connected with the automatic clearinghouse. The equivalent of a paycheck stub (called a “pay slip”) will be distributed to the employee. All pay slips will be distributed electronically using the employee kiosk.
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Distribution of Paychecks. All employees shall be required to enroll in a direct deposit, electronic fund transfer of payroll checks.
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Distribution of Paychecks. Section 1. For a member whose regular work week consists of five (5) eight (8) hour shifts, the City shall distribute pay no later than every other Friday on or before the employee's lunch break; however, in the event of unexpected circumstances, pay shall, at the latest, be distributed on or before the end of the day shift. The City agrees to maintain the direct deposit program presently in existence. Section 2. For a member whose regular work week consists of four (4) ten (10) hour shifts the City shall distribute pay every other Thursday no later than the end of the normal business day; however, in the event of unexpected circumstances, pay shall, at the latest, be distributed on or before the end of the day shift. The City agrees to maintain the direct deposit program presently in existence Section 3. Pay shall be provided by the City to employees in the method(s) deemed by the City to be the most efficient and accurate. Methods may include, but are not limited to, paper paychecks, direct deposit, or pay cards. However, no employee receiving a paper paycheck at the time of ratification of this agreement will be required to change to a non-paper paycheck.
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Distribution of Paychecks. Every effort shall be exercised to have the payroll checks ready for distribution and to commence distribution by 1 p.m. on the Friday payday.
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Distribution of Paychecks. 1. Paychecks will be distributed on the 15th and 30th of each month. If other scheduled paydays fall on a weekend or holiday, payday will be the prior business office workday. 2. Support staff will be able to elect pay over a 12 month period. 3. The first paycheck for teaching and therapy staff will be issued on August 30 and the first paycheck for support staff will be September 15 4. Under no circumstance shall an employee be allowed to change the number of paychecks or months of pay in the period considered by IMRF or TRS for their final years of employment such that the change results in an accelerated payment or penalty payable to IMRF or TRS. 5. Educators who sign a contract after August 15 will receive 23 paychecks beginning on September 15.
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Distribution of Paychecks. 19 Section 10.7
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Distribution of Paychecks. Paychecks shall be distributed to employees each Friday following the afternoon rest period.
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Distribution of Paychecks. 1. All employees shall be required to utilize direct deposit.
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Related to Distribution of Paychecks

  • Distribution of Payments On and after the Effective Date, the Agent shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

  • Redistribution of payments The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Finance Parties (other than the Recovering Finance Party) in accordance with Clause 29.5 (Partial payments).

  • Distribution of Benefits Members of this unit with at least one year of the service to the District may apply for a number of days consistent with a one-for-one match of their individual sick leave accumulation as of the end of the previous contract year brought forward to the year of the onset of disability. The combined benefit of accumulated personal sick leave and disability bank leave may not exceed one hundred-eighty days and may carry over from one contract year to another. Employees with less than one full year of service in the District will not be require to contribute one of their individual accumulated sick leave days to the disability bank. The Board reviews the right to request re-application and documentation from anyone requesting more than forty (40) days from the pool. Any benefits will be minus other insurance coverage (i.e. worker’s compensation, social security, etc.).

  • Allocation of Payments The Assignor and the Assignee agree that (i) the Assignor shall be entitled to any payments of principal with respect to the Assigned Interest made prior to the Assignment Date, together with any interest and fees with respect to the Assigned Interest accrued prior to the Assignment Date, (ii) the Assignee shall be entitled to any payments of principal with respect to the Assigned Interest made from and after the Assignment Date, together with any and all interest and fees with respect to the Assigned Interest accruing from and after the Assignment Date, and (iii) the Agent is authorized and instructed to allocate payments received by it for account of the Assignor and the Assignee as provided in the foregoing clauses. Each party hereto agrees that it will hold any interest, fees or other amounts that it may receive to which the other party hereto shall be entitled pursuant to the preceding sentence for account of such other party and pay, in like money and funds, any such amounts that it may receive to such other party promptly upon receipt.

  • Distribution of Benefit The Bank shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month following Separation from Service. The annual benefit shall be distributed to the Executive for fifteen (15) years.

  • Application of Payments Landlord shall have the right to apply payments received from Tenant pursuant to this Lease, regardless of Tenant’s designation of such payments, to satisfy any obligations of Tenant hereunder, in such order and amounts as Landlord, in its sole discretion, may elect.

  • Application and Allocation of Payments (a) So long as no Event of Default has occurred and is continuing, (i) voluntary prepayments shall be applied as set forth in Section 1.2(a) and (ii) mandatory prepayments shall be applied as set forth in Sections 1.2(c) and 1.2(d). All payments and prepayments applied to the Revolving Loan shall be applied ratably to the portion thereof held by each Lender as determined by its Pro Rata Share (subject to Section 9.9(c)). As to any other payment, and as to all payments made when an Event of Default has occurred and is continuing or following the Commitment Termination Date, the Borrower hereby irrevocably waives the right to direct the application of any and all payments received from or on behalf of the Borrower, and hereby irrevocably agrees that Agent shall have the continuing exclusive right to apply any and all such payments against the Obligations as Agent may deem advisable notwithstanding any previous entry by Agent in the Loan Account or any other books and records. In all circumstances, after acceleration or maturity of the Obligations, all payments and proceeds of Collateral shall be applied to amounts then due and payable in accordance with Section 8.2(c). (b) Agent is authorized, at the direction of Requisite Lenders, to charge to the Revolving Loan balance on behalf of the Borrower and cause to be paid all Fees, expenses, Charges, costs (including insurance premiums in accordance with Section 5.4(a)) and interest and principal, other than principal of the Revolving Loan, owing by the Borrower under this Agreement or any of the other Loan Documents if and to the extent the Borrower fails to pay promptly any such amounts as and when due, even if the amount of such charges would cause the balance of the Revolving Loan to exceed the Maximum Amount. To the extent permitted by law, any charges so made shall constitute part of the Revolving Loan hereunder.

  • Distribution of Agreement The Employer agrees to make available to each employee a copy of this Agreement and to provide a copy of the same Agreement to all new employees entering the employment of the Employer.

  • Distribution of Overtime Overtime shall be distributed as equally as feasible among qualified employees customarily performing the kind of work required, and currently assigned to the work unit in which the overtime is to be worked. When the assignment of overtime work causes an unusual burden upon the employee, the employee shall not be required to work overtime unless the absence would cause the Agency to be unable to meet its responsibilities.

  • Distributions, Etc Upon the dissolution, winding up, liquidation or reorganization of the Tenant, whether in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors or any other marshalling of the assets and liabilities of the Tenant, if any sum shall be paid or any property shall be distributed upon or with respect to any of the Pledged Collateral, such sum shall be paid over to the Secured Parties, to be held as collateral security for the Secured Obligations. If any dividend shall be declared on any of the Pledged Collateral (excluding cash dividends), or any share of beneficial interest or fraction thereof shall be issued pursuant to any split of beneficial interests involving any of the Pledged Collateral, or any distribution of capital shall be made on any of the Pledged Collateral, or any property shall be distributed upon or with respect to the Pledged Collateral pursuant to recapitalization or reclassification of the capital of the Tenant, the shares or other property so distributed shall be delivered to the Secured Parties to be held as collateral security for the Secured Obligations.

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