Payroll Advances Sample Clauses

Payroll Advances. Payroll advances may be given to an employee at the discretion of the Executive Director under the following conditions:
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Payroll Advances. The District has an established procedure of issuing paychecks once a month. The District recognizes that occasionally an employee will have a financial emergency that will necessitate a payroll advance. The following guidelines will be followed:
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Payroll Advances. The employee, and his/her legal representatives with the corresponding authorization, shall have the right to receive advance payment on account of the work performed, within the limits of the budget allocations. These advance payments will not be interest-bearing and may not exceed, as a maximum, the amount equivalent to three monthly payments of base salary and seniority supplement that the requesting employee may have. The refund of the advanced amounts will be made in equal amounts each month, by means of deductions in the corresponding payrolls from the month following the month in which the advanced payment was granted, with a maximum of twelve monthly payments.
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Payroll Advances. It is agreed and understood by the Parties that there shall be no advances of pay, whether vacation pay or regular pay, permitted during the term of the Agreement.
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Payroll Advances. The Employer shall endeavour to provide an employee with payroll advances that would ordinarily be received during the employee’s scheduled vacation, provided the employee makes a written request for same to Human Resources at least twenty-one (21) days in advance of the commencement of the scheduled vacation such request shall not be unreasonable withheld.
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Payroll Advances. In emergency situations, employees may request in writing to the Program Director for a payroll advance. Payroll advances are given only for wages already earned at the time of the request. This advance may not exceed seventy five percent (75%) of the employee's gross wages for a single pay period. Once the request is approved, the advance will be issued as promptly as possible. The maximum number of payroll advances per employee per year is two (2). Payroll advances can also be used for vacation purposes, and are given only for vacation hours accrued at the time of the request. They must be requested in writing two (2) weeks in advance of payment and be approved by the Program Director and/or Supervisor. This advance may not exceed seventy-five percent (75%) of the employee's gross wages for the number of vacation hours being used.
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Payroll Advances. The Superintendent may authorize payroll advances to employees in hardship cases in an amount not to exceed $2,000 on a case by case basis, and shall be repaid by being withheld from the next two (2) regular pay checks. Any employee shall be granted not more than two (2) salary advances during any fiscal year.
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Related to Payroll Advances

  • Cash Advances An Finance Charge will be imposed on cash advances from the date made or from the first day of billing cycle in which the cash advance is posted to your account, whichever is later, and will continue to accrue until the date of payment.

  • Travel Advances The University will, to the extent permitted by State law and rule, provide travel advances, upon request, of up to eighty (80) percent of budgeted expenses for authorized travel of longer than five (5) consecutive days.

  • Vacation Pay Advance Where an Employee requests vacation pay in advance and provides fourteen (14) days written notice prior to the commencement of the vacation, vacation pay shall be provided to the Employee no later than her last scheduled working day prior to vacation.

  • Cash Advance Fee If you request a Cash Advance, in addition to the Interest Charge which will accrue on the Cash Advance, you agree to pay a fee of three percent (3%) of the amount of the Cash Advance subject to a minimum fee of $10.00.

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

  • Loan Payments (a) The Loan shall bear interest at a fixed rate per annum equal to the Note Rate. Interest shall be computed based on the daily rate produced assuming a three hundred sixty (360) day year, multiplied by the actual number of days elapsed. Except as otherwise set forth in this Agreement, interest shall be paid in arrears.

  • Advance Payments Payments made by the Borrower to satisfy future installments must be accounted for as prepaid installments of principal and interest. The Servicer should contact the Borrower if there is a question about the Borrower's intention in making any unscheduled payment.

  • Travel Advance Regular employees not covered by a work party advance, and who are required to proceed on travel status, shall be provided with an adequate travel advance. The amount of advance will be determined by such factors as time away from headquarters and the frequency of reimbursement.

  • Credit, Payment and Collection You will receive a single monthly bill for both your natural gas and the delivery of such natural gas from your utility distribution company. Payment is due by the date set forth on the invoice. Should you fail to pay the monthly bill or fail to meet any agreed upon payment arrangement, your service may be terminated in accordance with your local utility’s tariffs and your contract with XOOM may be automatically terminated, leading to XOOM seeking cost recovery fees as set out herein. You represent that you are financially able and willing to fulfill the terms and conditions of this Agreement and that you have not filed, are not in the process of filing or plan to begin any bankruptcy proceedings. If accepted as a customer, XOOM may report your payment experience. Bills not paid by their due date are subject to a late payment fee at the greater of the rate of 1.5%, or the maximum permitted by law, based on your total outstanding balance per month. XOOM will charge a $35 return check fee for all returned checks or the maximum allowed by law. XOOM may terminate your commodity service and may suspend services under procedures approved by law. In all events, you shall remain obligated to pay for all natural gas received by you and any interest, fees and penalties incurred by XOOM. You will also be responsible for all costs, including legal fees, associated with the collection of amounts owed to XOOM.

  • Protective Advances (a) Subject to the limitations set forth below, the Administrative Agent is authorized by the Company and the Lenders, from time to time during the Availability Period, in the Administrative Agent’s sole discretion (but with no obligation), to make Loans in US Dollars to the Company, on behalf of all Lenders, which the Administrative Agent, in its Permitted Discretion, deems necessary or desirable (i) to preserve or protect the Collateral or any portion thereof, (ii) to enhance the likelihood of, or maximize the amount of, repayment of the Loans and other Obligations or (iii) to pay any other amount chargeable to or required to be paid by the Borrowers pursuant to the terms of this Agreement, including payments of reimbursable expenses (including costs, fees, and expenses described in Section 8.03) and other sums payable under the Loan Documents (any such Loans are herein referred to as “Protective Advances”); provided that the aggregate principal amount of Protective Advances outstanding at any time shall not exceed $50,000,000; provided further that the making of any Protective Advance shall not cause the Aggregate Credit Exposure to exceed the Aggregate Commitments. Protective Advances may be made when a Default exists or the conditions precedent set forth in Section 4.02 are not otherwise satisfied. The Protective Advances shall be secured by the Liens created by the Collateral Documents and shall constitute Obligations. The Company shall be required to repay (or, subject to the satisfaction of the conditions precedent set forth in Section 4.02, refinance with the proceeds of a Borrowing) each Protective Advance within 45 days after such Protective Advance is made. Without affecting Protective Advances already made, the Administrative Agent’s authorization to make future Protective Advances may be revoked at any time by the Required Lenders. Any such revocation must be in writing and shall become effective prospectively upon the Administrative Agent’s receipt thereof. At any time that there is sufficient Excess Availability and the conditions precedent set forth in Section 4.02 have been satisfied, the Administrative Agent may request, on behalf of the Company, the Lenders to make ABR Loans to repay any Protective Advance. At any other time the Administrative Agent may require the Lenders to acquire participations in any Protective Advance as described in Section 2.04(b).

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