Deduction definition

Deduction means the amount that is treated as deductible from the taxable income under the laws of the payer or investor jurisdiction. The term 'deductible' shall be construed accordingly.

Deduction has the meaning ascribed to such term in the definition of Operating Profit.

Deduction has the meaning set out in Schedule 8 [Payments];

Examples of Deduction in a sentence

• Deduction of dues or agency fees shall commence with the first paycheck for a complete pay period to be received by such employee thirty (30) days after the execution of this Agreement, or, in the case of newly-hired employees, thirty (30) days after hire and receipt by the Foundation of the requisite authorization form.

• Loss Deduction Clause - County shall be exempt from, and in no way liable for, any sums of money which may represent a deductible in any insurance policy.

• Deduction of monthly Union dues will cease when an employee is transferred or promoted to a position out- side of the bargaining unit.

• Upon receipt of a written Dues Deduction Authorization and assignment from a bargaining unit employee, the District shall make the appropriate payroll deduction as certified by the President of the Association and shall transmit the monthly dues to the designated officer of the Association.

• As it relates to the Dues Deduction provision in the Unit 36 MOU, the parties agree that the language “other monies” shall be null and void.

More Definitions of Deduction

Deduction means a verifiable amount the individual pays for an expense. Garnishments or liens placed against earned or unearned income of an individual are not considered a deduction, regardless of the reason for the garnishment or lien.

Deduction shall have the meaning ascribed to such term in the definition of Operating Profit. Deductions shall not include (i) payments with respect to items for which Manager has given an indemnity, to the extent of such indemnity, (ii) payments with respect to items for which Manager has agreed to be liable at its own cost and expense herein, (iii) any item specifically stated not to be a Deduction herein, and (iv) any item for which Manager or any Affiliate has agreed to be liable (other than at the cost and expense of Tenant or any Affiliate) under the terms of any Incidental Document or any other agreement between Manager or any Affiliate and Tenant or any Affiliate.

Deduction means a deduction from a Service Payment, calculated in accordance with Schedule 8 [Payments];

Deduction means any credit, allowance, discount, setoff, counterclaim, settlement, compromise, return, accord and satisfaction, accommodation, or forgiveness of any nature or type, on, of, or relating to all Accounts Receivable.

Deduction means a dollar amount subtracted from a payment, before an individual receives the payment, for:

Deduction under the Management Agreement. "Landlord Obligations" shall not include any sales, use, gross receipts, occupancy, single business, transaction, privilege, rent, ad valorem or other tax not specifically enumerated herein.

Deduction for any period during the Term means the sum of [*****].