ORDINARY PAYROLL Sample Clauses

ORDINARY PAYROLL. If a number of days is specified in the Declarations for Ordinary Payroll, this Coverage is extended to include the Insured’s Ordinary payroll necessary to resume the operations of the insured with the same quality of service which existed immediately preceding the Accident but limited to the specified number of consecutive days following the Commencement of Liability. The Company shall not be liable for more than the Limit of Liability specified in the Declarations for Ordinary Payroll. “Ordinary Payroll” as referred to herein is defined as wages and salaries, except wages and salaries for all officers, department managers, employees under contract and other important employees whose services could not be dispensed with should the business be interrupted or interfered with solely as a result of an Accident.
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ORDINARY PAYROLL. (a) As used in this Section 4.7 and Section 4.8, “TBG Employees” means all employees or former employees (with respect to any period during which such former employees were employed by the Assignor TBG Entities or their Affiliates) of the Assignor TBG Entities or their Affiliates. “
Sample 1
ORDINARY PAYROLL. Included in the Limit of Liability is the Insured's entire Ordinary Payroll expense for a period of time immediately following the date of loss, which may continue during a total or partial suspension of business, covering only to the extent necessary to resume the Normal business of the Insured with the same quality of service which existed immediately preceding the destruction or damage by a peril insured against, and which would have been earned had no destruction or damage by a peril insured against occurred.
Sample 1
ORDINARY PAYROLL. The Insured’s entire “Ordinary Payroll” is insured for a period of time not in excess of 90 consecutive days immediately following the date of loss, which may continue during total or partial suspension of business, insuring only to the extent necessary to resume the “Normal” “Business” of the Insured with the same quality of service which existed immediately preceding the destruction or damage by the perils insured against, and which would have been earned had no destruction or damage by perils insured against occurred. This item does not insure any portion of salaries described under “Insured Standing Charges”, nor does it apply if the employee(s) is engaged in any work, on or related to any of your other operations.
Sample 1

Related to ORDINARY PAYROLL

  • Payroll Nothing in this Agreement shall limit the Company’s right to modify its payroll practices, as it deems necessary.

  • Payroll and Withholding Taxes All payments to be made or benefits to be provided hereunder by the Company shall be subject to applicable federal and state payroll or withholding taxes. Any Gross-Up Payment shall be made in the form of withholding taxes and shall not be paid to the Executive, but shall be sent to the IRS in the ordinary course of the Company's payroll withholding.

  • Payroll Taxes Employer shall have the right to deduct from the compensation and benefits due to Employee hereunder any and all sums required for social security and withholding taxes and for any other federal, state, or local tax or charge which may be in effect or hereafter enacted or required as a charge on the compensation or benefits of Employee.

  • Withholding of Taxes and Other Employee Deductions Company may withhold from any benefits and payments made pursuant to this Agreement all federal, state, city and other taxes as may be required pursuant to any law or governmental regulation or ruling and all other normal employee deductions made with respect to Company’s employees generally.

  • Sharing of Earnings The Borrower shall procure that no Owner shall:

  • Deductions and Withholdings All amounts payable or which become payable hereunder shall be subject to all deductions and withholding required by law.

  • Taxes and Withholdings The Employer may withhold from any amounts payable under this Agreement, including any benefits or Severance Payment, such federal, state or local taxes as may be required to be withheld pursuant to applicable law or regulations, which amounts shall be deemed to have been paid to Executive.

  • Deductions Upon the termination of the Lease, the Landlord may deduct the following from the Security Deposit: Unpaid rent; Late fees; Unpaid utilities Cost of repairs beyond ordinary wear and tear; Cleaning fee in the amount of $ ; Early Termination Fee Brokerage fees Others: .

  • Deduction Limitation on Benefit Payments If the Bank reasonably anticipates that the Bank’s deduction with respect to any distribution under this Agreement would be limited or eliminated by application of Code Section 162(m), then to the extent deemed necessary by the Bank to ensure that the entire amount of any distribution from this Agreement is deductible, the Bank may delay payment of any amount that would otherwise be distributed under this Agreement. The delayed amounts shall be distributed to the Executive (or the Beneficiary in the event of the Executive’s death) at the earliest date the Bank reasonably anticipates that the deduction of the payment of the amount will not be limited or eliminated by application of Code Section 162(m).

  • Reimbursement of Business Expenses The Executive is authorized to incur reasonable expenses in carrying out the Executive’s duties for the Company under this Agreement and shall be entitled to reimbursement for all reasonable business expenses the Executive incurs during the Period of Employment in connection with carrying out the Executive’s duties for the Company, subject to the Company’s expense reimbursement policies and any pre-approval policies in effect from time to time.

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