Pay Advance definition

Pay Advance means an advance by us to you, on account of your accrued entitlement to pay for time already worked.
View Source
Pay Advance means an advance by us to you, on account of your accrued entitlement to pay for time already worked. ‘Administration Fee’ means our administration fee (inclusive of all banking charges), in relation to a Pay Advance; the amount will vary according to the amount of the Pay Advance, and will be disclosed to you before you decide whether or not to accept any offer of a Pay Advance.
View Source

Examples of Pay Advance in a sentence

  • In general, (i) the maturity date, payment terms and interest rate applicable to each Current Pay Advance shall be as set forth in Schedule 1 to the Subordinate Master Credit Note (Current Pay) (the “Current Pay Note) from the Borrower to the Lender dated as of the date hereof and evidencing the Loan.

  • Vacation Pay Advance If a regular payday falls during an employee’s vacation, s/he may request a paycheck before vacation upon written request at least two (2) weeks in advance of his/her vacation.

  • Their vacation pay for such time if requested three weeks in advance, or by the existing vacation scheduling procedure, will be provided on a Separate Vacation Pay Advance cheque.

  • Interest will be calculated on the basis of a 360-day year consisting of twelve 30-day months and shall accrue a full pro-rata portion of the annual rate of interest for each calendar month regardless of the number of days a Current Pay Advance is outstanding during such calendar month.

  • Their vacation pay for such time if requested three weeks in advance, or by the existing vacation scheduling procedure, will be provided on a Separate Vacation Pay Advance Cheque.

  • Schedule and Notice Payment Schedules Eligibility Scheduled Paid Absence (SPA) Administrative Procedures of the SPA Programand Vacation and Encouragement To Take Time Off Vacation Vacation Pay Advance Schedule Vacation Period (13.1) (13.2) (13.3) (13.4) (13.5) (13.7) (13.8) (13.9) Skilled Trades Employees Definitions Journeyman /Woman New Hires Skilled Trades Classifications.

  • Provided a Vacation Pay Advance request form is submitted and approved at least fourteen (14) calendar days in advance of the last pay-day prior to an employee commencing vacation, the employee will receive the pay due on any pay-day occurring during vacation period.

  • Interest will be calculated on the basis of a 360-day year consisting of twelve 30-day months and shall accrue a full pro-rata portion of the annual rate of interest for each calendar month regardless of the number of days an Accrual Pay Advance is outstanding during such calendar month.

  • Interest will be calculated on the basis of a 360-day year consisting of twelve 30-day months [and shall accrue a full pro-rata portion of the annual rate of interest for each calendar month regardless of the number of days an Accrual Pay Advance is outstanding during such calendar month.

  • Sales management must approve requests for pay advances, by completing the Incentive Pay Advance Agreement form which is also signed by the individual requesting the advance.

Related to Pay Advance

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.

  • SOFR Advance means an Advance that bears interest at a rate based on Term SOFR.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).