Salary Advance definition

Salary Advance means a discretionary advance in salary granted to an officer or employee at his or her request and approved by the Financial Secretary;
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Salary Advance any amount credited to my payroll account as a result of my request and confirmation via SMS to advance on my salary, sent through my cellphone number registered in Security Bank Corporation (“SBC”) database supplied as part of my details when I became a payroll customer of the bank.
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Salary Advance each advance withdrawn by a User pursuant to the Salary Service (made in accordance with the Service Operation Terms and the Salary Service Documentation and the parameters and rules applicable to the Salary Service);
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Examples of Salary Advance in a sentence

  • The election to receive the advance shall be made on the prescribed form (form M-208, revised 5/81) and submitted by the fifteenth (15th) of the month to the department payroll clerk who will forward the card with the Salary Advance Transmittal/Deviation Report to the Auditor-Controller payroll section.

  • You can request advances from your Credit Union Visa Credit Card account and other lines of credit such as Open-End Loans, Home Equity Lines of Credit and Salary Advance Loans, through Online Services.

  • The Minimum Player Salary Advance Limit for a Season shall equal the lesser of (i) eighty percent (80%) of the amount of the player’s Compensation for such Season that is protected for lack of skill and injury or illness, or (ii) seven and one half percent (7.5%) of the player’s Base Compensation for such Season.

  • There is no minimum balance requirement to earn dividends on Share Accounts, FAT CAT Share Accounts, Zard Share Accounts, Holiday Cash Club Accounts, Salary Advance Cash Accounts, IRAs, ▇▇▇▇▇▇▇▇▇ ESAs, SEP IRAs, HSAs, Receipt and Agreement accounts, dividend Checking Accounts or Zard Checking Accounts.

  • Dividends are paid on Share Accounts (including FAT CAT Share Accounts and Zard Share Accounts), Holiday Cash Club Accounts, Salary Advance Cash Accounts, IRAs, SEP IRAs, HSAs, ▇▇▇▇▇▇▇▇▇ ESAs, dividend Checking Accounts (including Zard Checking Accounts), Money Market Share Accounts and Receipt and Agreement accounts.

  • Employees shall be required to complete a Salary Advance Agreement prior to receipt of the advance pay.

  • A minimum balance is not required to avoid a fee on FAT CAT Share Accounts, Holiday Cash Club Accounts, Salary Advance Cash Accounts, HSAs or Receipt and Agreement accounts.

  • The election to receive the advance shall be made on the prescribed form (form M-208, revised 5/81) and submitted by the fifteenth (15th) of the month to the department payroll clerk who will forward the card with the Salary Advance Transmittal/Deviation Report to the Auditor-Controller (Payroll Section).

  • LGFCU may close your account, without prior notification, if you breach any terms of this agreement, your account (other than a CPG, Holiday Cash Club or Salary Advance Cash Account) has a zero balance, or we, at our sole discretion, determine continued maintenance of the account exposes LGFCU to risk of financial loss.

  • Share Accounts include FAT CAT, Zard, Holiday Cash Club, and Salary Advance Share Accounts.

Related to Salary Advance

  • 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.

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

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

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.