No Monthly Reserve Sample Clauses

No Monthly Reserve. No payment shall be made by the Roommates for day-to-day household items.
Sample 1Sample 2Sample 3See All (30)
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No Monthly Reserve. If no contribution to the maintenance of this premises should be paid regularly for day-to-day items required for the household then produce a check in the second checkbox. XVI. Utilities & Services (49) Gas/Oil/Propane. As mentioned, the topic of the utilities and the services that are not included in the rent yet are required for the operation of a household will need some definition. If the Roommates and the Landlord have come to an agreement regarding the gas, oil, or propane needs of the premises during the lease term then select the first checkbox in Article XVI. (50) Gas/Oil/Propane Payments. The Roommates can choose to each pay an equal share to cover the gas, the oil, and/or the propane utilized by the premises or divide this bill under some other arrangement. Document the responsibility the Roommates agree to uphold regarding the gas, oil, or propane bill for the premises by selecting the checkbox for the “Shared Equally” option or the checkbox attached to the blank line. If the Roommates will not pay equal portions then the open-ended checkbox option will require a report dictating how the payment for this utility will be divided. If each Roommate will not be obligated to pay an equal share of the “Gas/Oil/Propane” costs then the second option must be chosen and the breakdown of payments owed by the Roommates should be documented. (51) Water/Sewer. If the Roommates will need to be responsible for the water and sewer services available to the premises, then select the second checkbox topic of this list. (52) Water/Sewer Payments. Any discussion regarding the water or sewer bills needed for the premises should be documented. Therefore indicate if this utility expense will be shared equally by the Roommates or under a payment schedule that is furnished to the blank option. (53)
Sample 1Sample 2Sample 3See All (8)
No Monthly Reserve. If no contribution to the maintenance of this premises should be paid regularly for day-to-day items required for the household then produce a check in the second checkbox.
Sample 1Sample 2See All (4)
No Monthly Reserve. If no contribution to the maintenance of this premises should be paid regularly for day-to-day items required for the household then produce a check in the second checkbox. XVI. Utilities & Services (49) Gas/Oil/Propane. As mentioned, the topic of the utilities and the services that are not included in the rent yet are required for the operation of a household will need some definition. If the Roommates and the Landlord have come to an agreement regarding the gas, oil, or propane needs of the premises during the lease term then select the first checkbox in Article XVI. (50) Gas/Oil/Propane Payments.
Sample 1
No Monthly Reserve. If no contribution to the maintenance of this premises should be paid regularly for day-to-day items required for the household then produce a check in the second checkbox. XVI. Utilities & Services (49) Gas/Oil/Propane. As mentioned, the topic of the utilities and the services that are not included in the rent yet are required for the operation of a household will need some definition. If the Roommates and the Landlord have come to an agreement regarding the gas, oil, or propane needs of the premises during the lease term then select the first checkbox in Article XVI. (50) Gas/Oil/Propane Payments. The Roommates can choose to each pay an equal share to cover the gas, the oil, and/or the propane utilized by the premises or divide this bill under some other arrangement. Document the responsibility the Roommates agree to uphold regarding the gas, oil, or propane bill for the premises by selecting the checkbox for the “Shared Equally” option or the checkbox attached to the blank line. If the Roommates will not pay equal portions then the open-ended checkbox option will require a report dictating how the payment for this utility will be divided.
Sample 1
No Monthly Reserve. If there will be a definitive length of time when this lease will grant occupancy to and obligate the Roommates, then select the “Fixed Lease” statement’s checkbox. (12) Month-To-Month Lease. Send them a polite text message or e-mail when rent is due. What if a roommate abandons a lease agreement? (54)
Sample 1

Related to No Monthly Reserve

  • Deposit Pay ment of The Fixed Reserve Price 5.1. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price.

  • When Must Distributions from a Xxxxxxxxx Education Savings Account Begin? Distribution of a Xxxxxxxxx Education Savings Account must be made (or otherwise will be deemed made) no later than 30 days from the earlier of the beneficiary’s death or attainment of age 30. A distribution from a Xxxxxxxxx Education Savings Account may be rolled over to another beneficiary’s Xxxxxxxxx Education Savings Account according to the requirements of Section (4). Note that the Economic Growth and Tax Relief Reconciliation Act of 2001 waives the distribution age limitation if the beneficiary of the Xxxxxxxxx Education Savings Account is a “Special Needs” student.

  • How Are Distributions from a Xxxxxxxxx Education Savings Account Taxed For Federal Income Tax Purposes? Amounts distributed are generally excludable from gross income if they do not exceed the beneficiary’s “qualified higher education expenses” for the year or are rolled over to another Xxxxxxxxx Education Savings Account according to the requirements of Section (4). “Qualified higher education expenses” generally include the cost of tuition, fees, books, supplies, and equipment for enrollment at (i) accredited post-secondary educational institutions offering credit toward a bachelor’s degree, an associate’s degree, a graduate-level or professional degree or another recognized post-secondary credential and (ii) certain vocational schools. In addition, room and board may be covered if the beneficiary is at least a “half-time” student. This amount may be reduced or eliminated by certain scholarships, qualified state tuition programs, HOPE, Lifetime Learning tax credits, proceeds of certain savings bonds, and other amounts paid on the beneficiary’s behalf as well as by any other deductions or credits taken for the same expenses. The definition of “qualified education expenses” includes expenses more frequently and directly related to elementary and secondary school education, including the purchase of computer technology or equipment or Internet access and related services. To the extent payments during the year exceed such amounts, they are partially taxable and partially non-taxable similar to payments received from an annuity. Any taxable portion of a distribution is generally subject to a 10% penalty tax in addition to income tax unless the distribution is (i) due to the death or disability of the beneficiary, (ii) made on account of a scholarship received by the beneficiary, or (iii) is made in a year in which the beneficiary elects the HOPE or Lifetime Learning credit and waives the exclusion from income of the Xxxxxxxxx Education Savings Account distribution. You may be allowed to take both the HOPE or Lifetime Learning credits while simultaneously taking distributions from Xxxxxxxxx Education Savings Accounts. However, you cannot claim a credit for the same educational expenses paid for through Xxxxxxxxx Education Savings Account distributions. To the extent a distribution is taxable, capital gains treatment does not apply to amounts distributed from the account. Similarly, the special five- and ten-year averaging rules for lump-sum distributions do not apply to distributions from a Xxxxxxxxx Education Savings Account. The taxable portion of any distribution is taxed as ordinary income. The IRS does not require withholding on distributions from Xxxxxxxxx Education Savings Accounts.

  • When Must Distributions from a Xxxx XXX Begin Unlike Traditional IRAs, there is no requirement that you begin distribution of your account during your lifetime at any particular age.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

  • Allocation of Subordinate Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Senior Reduction Amount and the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Subordinate Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Determining the Availability of a Deposit The length of the delay is counted in business days from the day of your deposit. The length of delay varies depending on the type and manner of deposit. For determining the availability of funds deposited to your Accounts, for purposes of the Funds Availability Policy, every day is a business day, except Saturdays, Sundays, and federal holidays. All times provided below are Pacific Time. If you make a deposit directly to a teller on a business day while we are open for business (generally 6:30 a.m.-6:30 p.m.), that day is the day of your deposit. If you place your deposit in a Lobby Express Box in Tukwila Financial Center or Xxxxxxx Financial Center before 4 p.m., that day is the day of your deposit. If you place your deposit in a Lobby Express Box in Tukwila Financial Center or Xxxxxxx Financial Center after 4 p.m., the next business day will be the day of your deposit. If you make a deposit at a BECU-owned ATM (displaying our “BECU” logo) or to a teller at a shared branch location before 3 p.m. on a business day, that day will be the day of your deposit. If you make your deposit after 3 p.m. or on a day that is not a business day, the next business day will be the day of your deposit. If you make a deposit at a drop box, a non-BECU-owned ATM, or by mailing it to us through the United States Postal Service (USPS), the day of the deposit will be the business day we process your deposit in our processing center. If you make an Online Deposit or Mobile Deposit before 7 p.m. on a business day, that day will be the day ofyour deposit. If you make your deposit after 7 p.m. on a business day, or on a day that is not a business day, the next business day will be the day of or your deposit. Any deposited check, cashier’s check, draft, or money order that is drawn on a bank outside of the U.S or is issued in any currency other than U.S. dollars (Foreign Item) is exempt from this Funds Availability Policy. Availability of funds from deposited Foreign Items will be delayed for the time it takes us to collect the funds from the paying financial institution and may take anywhere from several weeks to several months before such deposits will be made available to you.

  • Reallocation to a Class with an Equal Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position, the employee remains in the position and retains existing appointment status.

  • How Are Contributions to a Xxxx XXX Reported for Federal Tax Purposes You must file Form 5329 with the IRS to report and remit any penalties or excise taxes. In addition, certain contribution and distribution information must be reported to the IRS on Form 8606 (as an attachment to your federal income tax return.)

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