Payments and Withholdings. 4 12. Notices............................................................... 4 13.
Payments and Withholdings. All Base Salary (other than the twenty percent portion thereof that is payable in one annual installment) and bonus, if any, payable hereunder shall be paid in accordance with the Corporation's general payroll practice and all amounts paid to the Executive hereunder shall be paid net of any amounts to be withheld as required by applicable law.
Payments and Withholdings. The amounts provided for in Sections 4.1(a) and 4.1(b) shall be paid in a single lump sum cash payment within ten (10) days after the Termination Date (or earlier, if required by applicable law). The amounts provided for in Sections 4.1(c) and 4.1(d) shall be paid in a single lump sum cash payment within ten (10) days after the Executive gives notice of the applicable election described in such Sections. All payments made pursuant to this Agreement (including Tax Gross-Up Payments) shall be subject to applicable withholdings of income, excise and employment taxes and any other applicable payroll deductions such as the employee contributions to the cost of group health benefits.
Payments and Withholdings. The parties agree that payments required to be made hereunder shall be made in accordance with Clause 3 of the Funding 2 Bank Account Agreement and that Clauses 14 and 15 of the Funding 2 Bank Account Agreement shall, to the extent that it relates to the Funding 2 GIC Account, be incorporated in and shall apply, mutatis mutandis, to this Agreement (and for this purpose references to any ACCOUNT BANK shall be deemed to be replaced by the FUNDING 2 GIC PROVIDER) such that all payments to be made by the Funding 2 GIC Provider hereunder will be made upon the terms and subject to the same conditions as are set out in Clauses 14 and 15 of the Funding 2 Bank Account Agreement.
Payments and Withholdings. The parties agree that payments required to be made hereunder shall be made in accordance with Clause 3 of the Bank Account Agreement and that Clauses 14 and 15 of the Bank Account Agreement shall, to the extent that they relate to the Mortgages Trustee GIC Account, be incorporated in and shall apply, mutatis mutandis, to this Agreement (and for this purpose references to any ACCOUNT BANK shall be deemed to be replaced by the MORTGAGES TRUSTEE GIC PROVIDER) such that all payments to be made by the Mortgages Trustee GIC Provider hereunder will be made upon the terms and subject to the same conditions as are set out in Clauses 14 and 15 of the Bank Account Agreement.
Payments and Withholdings.
9.1 Subject to clauses 2.4 and 2. 5, all payments to be made by the Guarantor under the Deed of Guarantee and Indemnity shall be made in immediately available cleared funds, without any deduction or set-off or counterclaim and free and clear of and without deduction for or on account of any taxes, levies, imports, duties, charges, fees and withholdings of any nature now or hereafter imposed by any governmental, fiscal or other authority save as required by law or regulation which is binding on the Guarantor. If the Guarantor is required by law or regulation to make any such deduction, it will pay to the Beneficiary such additional amounts as are necessary to ensure receipt by the Beneficiary of the full amount which that party would have received but for the deduction. The Guarantor shall promptly deliver or procure delivery to the Beneficiary of all receipts issued to it evidencing each deduction or withholding which it has made.
Payments and Withholdings. All annual payments and supplementary pay percentages and withholdings shall be calculated and presented for verification to employees prior to initiation of the first check, and they will then be signed and returned within two (2) school days of receipt. Paychecks will be consistent September through May, and June through August for annual wages. All teacher paid TRS for annual wages will be calculated and withheld September through May. All other pay will be considered extra pay covered under item B below.
Payments and Withholdings. The parties agree that payments required to be made hereunder shall be made in accordance with Clause 2 of the Bank Account Agreement and that Clauses 13 and 14 of the Bank Account Agreement shall, to the extent that it relates to the GIC Account, be incorporated in and shall apply to, mutatis mutandis, this Agreement (and for this purpose references to any "Account Bank" shall be deemed to be the Account Bank at which the GIC Account is maintained from time to time) such that all payments to be made by the GIC Provider hereunder will be made upon the terms and subject to the same conditions as are set out in Clauses 13 and 14 of the Bank Account Agreement.
Payments and Withholdings.
9.1 Subject to clauses 2.4 and 2.5, all payments to be made by the Guarantor under the Deed of Guarantee and Indemnity shall be made in immediately available cleared funds, without any deduction or set-off or counterclaim and free and clear of and without deduction for or on account of any taxes, levies, imports, duties, charges, fees and withholdings of any nature now or hereafter imposed by any governmental, fiscal or other authority save as required by law or regulation which is binding on the Guarantor. If the Guarantor is required by law or regulation to make any such deduction, it will pay to the Beneficiary such additional amounts as are necessary to ensure receipt by the Beneficiary of the full amount which that party would have received but for the deduction. The Guarantor shall promptly deliver or procure delivery to the Beneficiary of all receipts issued to it evidencing each deduction or withholding which it has made.
9.2 If the Guarantor fails to pay any sum payable under this Deed of Guarantee and Indemnity within fifteen (15) Business Days of receipt of a demand for payment, the Guarantor shall pay an amount equivalent to interest on such sum for the period from and including the date the demand for such amount was received up to the date of actual payment (both before and after judgment) at the Default Rate which shall accrue from day to day and be compounded monthly and shall be paid by the Guarantor on demand.
Payments and Withholdings. 23 ARTICLE IX INSURANCE REQUIREMENTS AND MUTUAL INDEMNIFICATIONS ......... 25
