Statutory Payments definition

Statutory Payments means the payments required to be made to Government Authorities in terms of Applicable Law.
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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;
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Statutory Payments has the meaning set out in Section 6.1(c) hereof;
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Examples of Statutory Payments in a sentence

  • California Statutory Payments are subject to a pro rata decrease based on the amount remaining in the Settlement Fund following payment of the Fee Award and Expenses, Service Awards, Administration and Notice Costs, CAFA Notice costs, claims for reimbursement of documented Monetary Losses and costs of Financial Account Monitoring.

  • California Statutory Payments are subject to a pro rata decrease based on the amount remaining in the Settlement Fund following payment of the Fee Award and Expenses, Administration and Notice Costs, CAFA Notice, and claims for Reimbursement of Documented Monetary Losses.

  • On such termination the Promoter will not be liable to refund the amounts already paid or payable till the date of termination towards all the interest paid and payable on overdues and the Statutory Payments.

  • For purposes of calculating the pro rata increase or decrease, the Settlement Administrator must distribute the funds in the Settlement Fund first for payment of Documented Monetary Losses, then for Credit Monitoring, then for California Statutory Payments before making any Pro Rata Cash Payments.

  • California Statutory Payments shall be made in full (i.e., $100 per Class Settlement Member making a valid claim) and reduced pro rata only where payment of Documented Monetary Losses, Credit Monitoring, California Statutory Payments would exhaust the Settlement Fund.

  • If Documented Monetary Losses, Credit Monitoring, and California Statutory Payments, when paid in full, do not exhaust the Settlement Fund, remaining funds shall be distributed as Pro Rata Cash Payments to Class Settlement Members making a valid claim in accordance with procedures set forth herein.

  • The amount of this benefit shall be determined pro rata based on the amount remaining in the Settlement Fund following payment of the Fee Award and Expenses, Service Awards, Administration and Notice Costs, costs of CAFA Notice, costs of Financial Account Monitoring, claims for reimbursement of documented Monetary Losses, and California Statutory Payments.

  • Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment following a Change in Control other than those benefits expressly set forth in this Section 3, except any Statutory Payments or as may be provided in any Equity Award agreement.

  • California Statutory Payments are subject to a pro rata decrease based on the amount remaining in the Settlement Fund following payment of the Fee Award and Expenses, Service Awards, Administration and Notice Costs, costs of CAFA Notice, claims for reimbursement of documented Monetary Losses and costs of Financial Account Monitoring.

  • In the event of a termination of Executive’s employment within twelve (12) months following a Change in Control, the provisions of this Section 3 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement, other than any Statutory Payments.

Related to Statutory Payments

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.

  • 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 Grant Agreement, including any unapproved expenditures. ▇▇▇▇▇▇▇ understands and agrees that it shall be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Grant Agreement. ▇▇▇▇▇▇▇ 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 Grant Agreement.

  • statutory parental bereavement pay means a payment to which a person is entitled in accordance with section 171ZZ6 of the Social Security Contribution and Benefits Act 1992;