Ordinary Payroll definition

Ordinary Payroll means the entire payroll expense for all employees as designated by you whose service could not be dispensed with should the business be interfered with or interrupted. Salaries of key personnel should be included under basic coverage and are thus not considered in this definition.
Sample 1Sample 2Sample 3
Ordinary Payroll means the Payroll Expenses associated with all employees other than executives, department managers and employees under contract.
Sample 1Sample 2Sample 3
Ordinary Payroll means the entire payroll expense for all the employees of the Insured, except
Sample 1Sample 2

Examples of Ordinary Payroll in a sentence

  • The Company shall not be liable for more than the Limit of Liability specified in the Declarations for Ordinary Payroll.

  • If a number of days is specified in the Declarations for Ordinary Payroll, this Coverage is extended to include the Insured’s Ordinary payroll necessary to resume the operations of the insured with the same quality of service which existed immediately preceding the Accident but limited to the specified number of consecutive days following the Commencement of Liability.

  • If there is no Net Profit or you are operating at a Net Loss, Gross Profit Calculation means the charges and expenses (including Ordinary Payroll but only to the extent Ordinary Payroll is covered under this Policy) which necessarily continue during the Period of Restoration less any Net Loss from business operations which would have been incurred had there been no loss or damage.

  • Ordinary Payroll The entire payroll expense for all employees of the Insured except officers, executives, department managers, employees under contract including union contract requirements and other important employees.

  • Xxxxx Profit Calculation means the sum of Net Profit, charges and expenses, including Ordinary Payroll but only to the extent Ordinary Payroll is covered under this Policy, which necessarily continue during the Period of Restoration.

  • The Gross Earnings coverage is extended to insure the Actual Loss Sustained by the Insured of continuing fixed charges and Ordinary Payroll directly attributable to the interruption of research and development activities, that in themselves would not have produced income during the Period of Liability.


More Definitions of Ordinary Payroll

Ordinary Payroll means Payroll Expense for your employees except:
Sample 1
Ordinary Payroll means the Payroll Expenses associated with all employees other than executives, department managers and employees under contract. As used above, Payroll Expenses means all payroll, employee benefits directly related to payroll, FICA payments you pay, union dues you pay and workers compensation contributions. “Ordinary payroll” does not include pensions or directors fees. This term does not appear elsewhere in this coverage form, but may appear in the Equipment Breakdown Coverage Summary.
Sample 1
Ordinary Payroll means the amount of the payroll for all employees of the insured, but shall in no event include partners, principals, directors, officers, executives, departmental managers, employees under temporary contract, and other key employees identified by the insured at the time the policy was entered into.
Sample 1
Ordinary Payroll means the entire payroll expense for all employees of the insured other than salaries to permanent staff and wages to foremen and important employees whose services would not be dispensed with should the business be interfered with or interrupted.
Sample 1
Ordinary Payroll means the entire payroll expense for all the employees of the Insured, except officer, executives, department managers, employees under contract and other important employees whose services would not be dispensed with should the “Business” be interfered with or interrupted.
Sample 1
Ordinary Payroll. : means the entire payroll expense for all your employees, except officers, executives, department managers and employees under contract whose services would not be dispensed with should the “Business” be interfered with or interrupted.
Sample 1

Related to Ordinary Payroll

  • Ordinary pay means the rate of pay that an employee would normally expect to receive for working ordinary hours on an ordinary day of the week, including any over-award payment. "Ordinary pay" excludes overtime, penalty rates of all types - including those attaching to working ordinary hours (for example) on a Saturday, disability allowances, shift allowances, special rates, fares and travelling time allowances, bonuses and other ancillary payments of a like nature.

  • Payroll means total salaries and wages before deducting any personal or dependency exemptions.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • Annual payroll means the total amount of wages subject to contributions during a twelve-month period ending with the last day of the second calendar quarter of any calendar year.

  • Payroll card means a record that evidences a

  • concessionary payment means a payment made under arrangements made by the Secretary of State with the consent of the Treasury which is charged either to the National Insurance Fund or to a Departmental Expenditure Vote to which payments of benefit or tax credits under the benefit Acts or the Tax Credits Act 2002 are charged;

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Consolidated Income Taxes means, with respect to any Person for any period, taxes imposed upon such Person or other payments required to be made by such Person by any governmental authority which taxes or other payments are calculated by reference to the income or profits of such Person or such Person and its Restricted Subsidiaries (to the extent such income or profits were included in computing Consolidated Net Income for such period), regardless of whether such taxes or payments are required to be remitted to any governmental authority.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Includible Compensation means an Employee’s actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $245,000 (or such higher maximum as may apply under section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including any Elective Deferral under the Plan). Beginning in 2009 and thereafter, such term also includes any “differential pay” that may be received from the Employer while performing qualified military service under section 414(u) of the Code. The amount of Includible Compensation is determined without regard to any community property laws.

  • Ordinary time earnings means the salary, wage or other remuneration regularly received by the employee in respect of the time worked in ordinary hours and shall include shift work penalties, payments which are made for the purpose of District or Location Allowances or any other rate paid for all purposes of the award to which the employee is entitled for ordinary hours of work. Provided that "ordinary time earnings" shall not include any payment which is for vehicle allowances, fares or travelling time allowances (including payments made for travelling related to distant work), commission or bonus.

  • Medicare benefit means the Medicare benefit payable within the meaning of Part II of the Health Insurance Act 1973 with respect to a professional service.

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Consolidated Income Tax Expense means, for any period, all provisions for taxes based on the gross or net income of Borrower (including, without limitation, any additions to such taxes, and any penalties and interest with respect thereto), and all franchise taxes of Borrower, as determined on a Consolidated basis and in accordance with GAAP.

  • Medicare means the “Health Insurance for the Aged Act,” Title XVIII of the Social Security Amendments of 1965, as then constituted or later amended.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Deductions means any deductions which the Employment Business may be required by law to make and in particular in respect of PAYE pursuant to Sections 44-47 of the Income Tax (Earnings and Pensions) Act 2003 and Class 1 National Insurance Contributions;

  • Ordinary Hours means 38 hours per week within the spread of hours which may be averaged over a 12 month period.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.

  • 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.

  • Payroll Period means "payroll period" as defined in Section 3401(b) of the Internal Revenue Code;

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

  • Retail installment contract means that term as defined in section 2 of the retail installment sales act, MCL 445.852.