Statutory Payments definition

Statutory Payments means the payments required to be made to Government Authorities in terms of Applicable Law. 1.2 Interpretation (a) In this Agreement (unless the context requires otherwise), any express reference to an enactment (which includes any legislation in any jurisdiction) includes references to:
Sample 1Sample 2Sample 3
Statutory Payments means statutory charges including Goods and Service Tax (“GST”) as applicable from time to time, which will be payable by the Purchaser/s in addition to the Sale Consideration, Cost of Construction and Other Cost Charges and Expenses, under this Agreement;
Sample 1
Statutory Payments has the meaning set out in Section 6.1(c) hereof;
Sample 1

Examples of Statutory Payments in a sentence

  • Statutory Payments: Excise DutyExcise duty plus educational cess shall be payable extra at the rate ruling on the date of scheduled dispatch.

  • The monthly figures would be an aggregate for each month, not split into PAYE, NIC, Student loans, Statutory Payments or CIS payments nor by employee.

  • However, all these Statutory Payments will be reimbursed on submission of proof of payment at prescribed rates.

  • The Contractor must, and is fully liable for meeting, all Statutory Payments unless otherwise specified in the Contract.

  • Statutory Payments 36 Financial Direction D: Safeguarding and Optimising Assets37D 1.

  • NYMEX will mail the definitive proxy statement to all of its shareholders of record as of the close of business on Wednesday, February 8, 2006.

  • Indicative list of Statutory Payments to be made in respect of personnel employed by the contractor under this contract are as under:- (j) Minimum wages as notified by Appropriate Government (ii) EPF including EDLI (iii) ESI Contribution (iv) Bonus as applicable The above list of statutory payment is only indicative and not exhaustive.

  • Statutory Payments: Excise duty plus educational cess shall be payable extra at the rate ruling on the date of scheduled despatch.

  • The documentary evidence must indicate agreement No./Acceptance letter No. along with name of work duly indicating the amount of Statutory Payments/ Service Tax actually paid by the contractor to the Govt.

  • Statutory Payments The Directors, to the best of their knowledge and belief are satisfied that all statutory payments due to the Government and in relation to employees have been made on time.

Related to Statutory Payments

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Termination Payments has the meaning specified in Section 10(a).

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Payments has the meaning set forth in Section 8.11.

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Allowable Deductions means the following costs, charges, and expenses incurred or accrued by Payor:

  • Apportionable income means the gross income of the business taxable under the service classifications of a city's gross receipts tax, including income received from activities outside the city if the income would be taxable under the service classification if received from activities within the city, less any exemptions or deductions available.

  • Total Payments means those payments so described in Section 6.2 hereof.

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Income Taxes means any Tax that is imposed on or measured by or referred to as income, gross income, gross receipts, profits, capital stock, franchise or other similar Tax.

  • tax dues means the tax payable under this Act and does not include interest, fee and penalty; and