Payroll funds definition

Payroll funds means “money” and “securities” intended solely for the payroll of the Insured.
Payroll funds means money and securities intended solely for your payroll.

Examples of Payroll funds in a sentence

  • If this occurs, then funds will generally be available within five (5) business days after the employer transfers your Payroll funds to the Bank.

  • Payroll funds will be deposited each payday in the account(s) designated by the employee.

  • Subject 7.01 Matters of Corporation Interest Meeting Nov 10, 2021 - Board Meeting 7:00 PM (live-streamed) Category 7.

  • Payroll funds shall be timely deposited so as to have accessibility to the funds on the pay date.

  • Payroll funds must be available on the Thursday morning prior the Friday “pay date”.

  • This was approved at the December Board Meeting we now have Certified Payroll funds can be released.

  • The District currently maintains Payroll funds, Student Activity Funds and Athletic Funds as Agency Funds.

  • Payroll funds can be deposited to the bank of your choice through the direct deposit program.

  • The District currently maintains Payroll funds and Student Activity Funds as Agency Funds.

  • Payroll funds are deposited into this account and cardholders can then access the funds transferred to the card.

Related to Payroll funds

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Member Account means the regular account and the variable account.

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.

  • Payroll deduction means your premium is remitted to Aflac for you by your employer through a payroll deduction process or any other method agreed to by Aflac and the employer.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Fresh Funds means funds that:

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • BlackRock Funds and “Trustees of BlackRock Funds” refer respectively to the trust created and the Trustees, as trustees but not individually or personally, acting from time to time under a Declaration of Trust dated December 22, 1988, as amended, which is hereby referred to and a copy of which is on file at the office of the State Secretary of the Commonwealth of Massachusetts and at the principal office of the Fund. The obligations of “BlackRock Funds” entered into in the name or on behalf thereof by any of the Trustees, officers, representatives or agents are made not individually, but in such capacities, and are not binding upon any of the Trustees, shareholders, officers, representatives or agents of the Fund personally, but bind only the Trust Property (as defined in the Declaration of Trust), and all persons dealing with any class of shares of the Fund must look solely to the Trust Property belonging to such class for the enforcement of any claims against the Fund.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

  • Payroll card means a record that evidences a

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Payroll means the total salary and wages to be paid in a Taxable Year to a New Employee and Retained Employee.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Retirement fund means the "Washington law enforcement

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.