Benefit charges definition

Benefit charges means charges determined, levied and actually collected by the City from Benefiting Owners in accordance with this Agreement;
Benefit charges means the dollar amounts allocated or accrued to an employer’s account for unemployment benefits paid to individuals.
Benefit charges means the amount of benefit payments charged

Examples of Benefit charges in a sentence

  • Benefit charges for departmental employees are paid from the general fund, and reimbursed by a charge against departmental revenue.

  • I/We understand that Personal Accident Benefit charges are based on occupation.I understand that information given to either of the companies The Canada Life Assurance Company or Canada Life Assurance (Ireland) Limited (herein collectively called "Canada Life") will be deemed to be given to each and every one of the two.

  • The computer generates the Statement of Benefit charges, and the employer has 45 days to file an application for its revision, contesting the charges that appear on the statement.

  • Mortality and Critical Illness Benefit charges, during a policy year, shall be based on the age nearer birthday of the Life Assured as at the Policy anniversary coinciding with or immediately preceding the due date of cancellation of units and hence shall increase every year on each policy anniversary.

  • Benefit charges shall be as nearly uniform as is reasonably practical for each class of property for any one (1) year.

  • Mortality and Critical Illness Benefit charges, during a policy year, shall be based on the age nearer birthday of the Life Assured as at the Policy anniversary coinciding with or immediately precedingthe due date of cancellation of units and hence shall increase every year on each policy anniversary.

  • Return of Income Benefit Charge (ROIBC)At the end of the Policy term, on the date of maturity of your Policy, the total amount of all Income Benefit charges deducted will be added back as ROIBC, to the Fund value.

  • Continuation Sheet (Schedule A), K-CNS 101 Adjustment to Employer’s Wage Report, K-CNS 111Used to make an adjustment to a quarterly wage report.Instructions for its use can be found hereContinuation Sheet – Adjustment to Quarterly Wage Report, K-CNS 112 Notice of Benefit Charges, K-CNS 403*Quarterly employers will receive Notice of Benefit charges.

  • Unit Fund value shall be taken as on the date of deduction of charge, after deduction of Accident Benefit charges and Tax charge on Accident Benefit charges.

  • Charges for Mortality and Critical Illness Benefit rider will be taken every month by canceling appropriate number of units out of the Policyholder’s Fund Value as per the rates prevalent.Mortality and Critical Illness Benefit charges, during a policy year, shall be based on the age nearer birthday of the Life Assured as at the Policy anniversary coinciding with or immediately preceding the due date of cancellation of units and hence shall increase every year on each policy anniversary.


More Definitions of Benefit charges

Benefit charges means the amount of benefit payments charged to an employer's experience account under this section;
Benefit charges. Any benefit charges against the property made by any government authority for installation of, or tap-in fees for, water service, sanitary sewer, and/or storm sewer service, for which charges have been made, incurred and/or billed before the date of closing, will be paid by Seller. Any charges incurred after closing will be paid by Purchaser. PRORATION: Rents, fuel, insurance, interest, or association fees, where applicable, are to be prorated as of the date of closing. Taxes will be prorated as if paid in advance on a 30-day-month, 360-day-year basis to date of closing, based on the due date of the taxing authority. Seller represents that if Seller acquired title after January 1, 1995, Seller has complied with 1994 PA 415/MCLA 211.27, requiring the disclosure of purchase price to the local assessor. Listing broker will retain from Seller $ TEN THOUSAND DOLLARS ($10,000.00) to be applied to final billing for municipal utility charges. After payment, any balance remaining will be remitted to Seller and any balance due will be paid by Seller.

Related to Benefit charges

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Employee Taxes means all taxes, assessments, charges and other amounts whatsoever payable in respect of, and measured by the wages of, the Vendor’s employees (or subcontractors), as required by the Federal Social Security Act and all amendments thereto and/or any other applicable federal, state or local law.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located.

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Termination Charges means any compensatory charges payable by the Customer to BT on termination of this Agreement in whole or in part or a Service as set out in a Schedule or Order.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Final compensation of a member means:

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Bank Charges means the charges levied by the Merchant Acquiring Bank for Transactions and Refunds. “Bank System” means the banking system operated by any approved bank, financial institution or other body.

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Water Charges means service charges in respect of the provision of water.

  • Societal benefits charge means a charge imposed by an electric

  • Interest Charges means, for any period, the sum of: (a) all interest, charges and related expenses payable with respect to that fiscal period to a lender in connection with borrowed money or the deferred purchase price of assets that are treated as interest in accordance with GAAP, plus (b) the portion of Capitalized Lease Obligations with respect to that fiscal period that should be treated as interest in accordance with GAAP, plus (c) all charges paid or payable (without duplication) during that period with respect to any Hedging Agreements.

  • Medicare Levy Surcharge means an extra charge payable by high income earners beyond the standard Medicare Levy if they do not have qualifying private hospital insurance coverage. This charge is assessed as part of an individual or family’s annual tax return.

  • Creditable compensation means the full compensation payable annually to an employee working

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.