Payroll Credit definition
Payroll Credit means fund transfer or credit made by the Client to the Account.
Examples of Payroll Credit in a sentence
Exhibits 1 through 27 attached to and made a part of this Agreement describe both Key Services (consisting of Payroll, Credit and Collection, Purchasing and Information Technology Services) and Non-Key Services (consisting of all the other Services referred in the Exhibits hereto) to be provided by PEP and PBG to each other.
Effective on April 1, 1985, A Payroll Credit Employee Stock Ownership Plan ("PAYSOP") was established in Article XII of the previous plan to promote Employees' interest in the business endeavors of the Employer.