Payment Computation Sample Clauses

Payment Computation. (A) The service credit year shall commence with the beginning date of the 26th pay period of each payroll year and shall end as of the last day of the 25th pay period of the following payroll year.
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Payment Computation. All fees payable under this Agreement shall be paid on the dates due, in immediately available U.S. dollars, to Lender. Fees shall be fully earned when paid and shall not be refundable under any circumstances.
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Payment Computation a. Bus drivers driving time shall be assigned according to the Versa Trans Routing program times. If additional time is deemed necessary by drivers, this matter shall be discussed with the Director of Transportation. If a decision cannot be reached, the bus driver may request that actual driving time be recorded daily by the Director of Transportation over a period of ten (10) to fifteen (15) days. This total shall then be rounded off to the nearest one-quarter (1/4) hour at the conclusion of this period. Total hours shall be multiplied by the hourly rate and then divided by ten
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Payment Computation a. Bus drivers driving time shall be assigned according to the Versa Trans Routing program times. If additional time is deemed necessary by drivers, this matter shall be discussed with the Director of Transportation. If a decision cannot be reached, the bus driver may request that actual driving time be recorded daily by the Director of Transportation over a period of ten (10) to fifteen (15) days. This total shall then be rounded off to the nearest one-quarter (1/4) hour at the conclusion of this period. Total hours shall be multiplied by the hourly rate and then divided by ten (10) to fifteen (15) days to determine the average daily rate for that designated assigned run.
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Payment Computation. All fees payable under this Agreement shall be paid on the dates due, in immediately available Canadian Dollars, to Lender. Fees shall be fully earned on the dates set forth in this Agreement and shall not be refundable under any circumstances.
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Payment Computation. All final termin al delay, computed as provided for in this Article, shall be paid for, on the minute basis, at one-eighth (1/8) of the basic daily rate, in effect as of October 3 1, 1985, according to class of service and engine used, in addition to full mileage of the trip, with the understanding that the actual time consumed in the performance of service in the final terminal for which an arbitrary allowance of any kind is paid shall be deducted from the final termin al time under this Article. The rate of pay for final terminal delay allowance shall not be subject to increases of any kind. After road overtime commences, final terminal delay shall not apply and road overtime shall be paid until finally relieved from duty.
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Payment Computation. Cash payment of the monetary value of accumulated and unused vacation time shall be computed on the basis of twenty (20) days per month. The rate of pay for accumulated unused vacation time shall be at the rate of pay being received at the time such vacation time was earned.
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Payment Computation. Employees who, during the calendar year, complete six (6) or more years of continuous service with the City, and who, as of the date of payment thereof in such year are still employed by the City, shall qualify for a lump sum longevity payment in December of that year which shall be computed on the basis of Thirty Dollars and no/100 ($30.00) for each full year of continuous service completed during the year in which the payment is made, up to a maximum payment of Seven Hundred Eighty Dollars and no/100 ($780.00).
Sample 1
Payment Computation a. Bus drivers driving time shall be assigned according to the Versa Trans Routing program times. If additional time is deemed necessary by drivers, this matter shall be discussed with the Director of Transportation. The Director of Transportation shall have the right to use actual driving time recorded by bus cameras for accurate calculations. If a decision cannot be reached, the bus driver may request that actual driving time be recorded daily by the Director of Transportation over a period of ten
Sample 1

Related to Payment Computation

  • Interest Computation In computing interest on the Obligations, all checks, wire transfers and other items of payment received by Silicon (including proceeds of Receivables and payment of the Obligations in full) shall be deemed applied by Silicon on account of the Obligations three Business Days after receipt by Silicon of immediately available funds, and, for purposes of the foregoing, any such funds received after 12:00 Noon on any day shall be deemed received on the next Business Day. Silicon shall not, however, be required to credit Borrower's account for the amount of any item of payment which is unsatisfactory to Silicon in its sole discretion, and Silicon may charge Borrower's loan account for the amount of any item of payment which is returned to Silicon unpaid.

  • Payment; Interest Computation Interest is payable monthly on the first calendar day of each month and shall be computed on the basis of a 360-day year for the actual number of days elapsed. In computing interest, (i) all payments received after 12:00 p.m. Pacific time on any day shall be deemed received at the opening of business on the next Business Day, and (ii) the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Payment Due Payment for services provided will be due on or before the next xxxx date (i.e., same date in the following month as the xxxx date) and is payable in immediately available funds. Payment is considered to have been made when received by BellSouth.

  • Remittance The dues and other authorized deductions shall be remitted by the University to the UFF State Office on a biweekly basis within thirty (30) days following the end of the pay period. Accompanying each remittance shall be a list of the employees from whose salaries such deductions were made and the amounts deducted. This list shall be provided in machine-readable form.

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