Allowance Payments Clause Examples

The Allowance Payments clause defines the terms under which additional payments are made to cover specific costs or contingencies not included in the base contract price. Typically, this clause outlines what types of expenses qualify for allowance payments, such as unforeseen materials or labor, and sets procedures for approval and documentation. Its core function is to provide a structured method for handling variable or uncertain costs, ensuring both parties have clarity and agreement on how such expenses are managed and reimbursed.
Allowance Payments. All allowances shall be paid in equal installments in accordance with established pay procedures and Article B.9.4 of this agreement.
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Allowance Payments. ‌ 58.1.1. Two man crew allowance will be payed at the rate of $20.00 per day. 58.1.2. Two man coin operations and one man covert operations will be paid two man crew allowance. 58.1.3. Overnight Travel Allowance will be paid at the rate of $60.00 per day
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Allowance Payments. Payment shall not be made on any Request for Disbursement until all of the information and documentation above is complete. Payment shall be made only for those materials which have been installed or which have been delivered to the Premises. Landlord shall have five (5) calendar days from the date of receipt of the Request for Disbursement to review same and request clarification. If Landlord is in Agreement with the Request for Disbursement, payment shall be made to Tenant within ten (10) days of receipt of the Request for Disbursement. If any items are in dispute, Landlord shall not make payment on those items until the dispute is resolved, but Landlord shall make payment to Tenant of all amounts not in dispute within ten (10) days of receipt of the Request for Disbursement. Landlord shall not unreasonably withhold, delay or condition its approval of any Request for Disbursement or on any specific request for payment made therein. A final disbursement of Five Thousand Dollars ($5,000.00) shall be held until all punchlist items in the Premises are complete, and the time for the filing of any mechanics liens claimed or which might be filed on account of any work performed by Tenant, Contractor, subcontractors, suppliers or materialmen has passed. Any damage to Landlord's property will be repaired to Landlord's satisfaction. Once Landlord has disbursed the entire amount of the Allowance to Tenant, except the final disbursement of Five Thousand Dollars ($5,000.00), any and all costs associated with the design, engineering or construction of the Premises shall be paid directly by Tenant.
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Allowance Payments. The County will make every effort to make the June and December payments in the first pay period of those months.
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Allowance Payments. 57.1.1. Overnight Travel Allowance shall be paid at the rate of $70.00 per day
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Allowance Payments. Allowance payments in addition to piecework earnings will be paid under certain circumstances: (a) Payment of Average Earnings. An Employee will be paid an allowance at his average earnings for the following: (1) Instructing other employees. (2) Performing no-price set-up or tear down operations for other employees/ (3) Acting as an assistant supervisor or leader. (4) Attending meetings called by the Company (5) Stew▇▇▇ ▇▇▇ending grievance meeting with management. (6) Employee representative attending safety committee meeting with management. A pieceworker's average earnings shall be computed an the basis of his average hourly earnings for the first four (4) of the last six (6) weeks worked prior to the week in which the allowance is paid, excluding night shift differential and premium pay for overtime worked. However, no week in which the employee has worked less than twenty (20) hours, nor any week in which the employee's average earnings are adversely affected as the result of an on-the-job injury, shall be used for such computation; in this event, the next prior week in which he has worked twenty (20) or more hours shall be used. An employee who has been transferred to a piecework classification within the last six (6) weeks prior to the week in which the allowance is paid shall have his average hourly earnings for the entire period of such recent assignment to piecework up to and including the day before the payment of the allowance, excluding night shift differential and premium pay for overtime worked.
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Allowance Payments 
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Related to Allowance Payments

  • Advance Payments The Employer agrees to issue advance payments of estimated net salary for vacation periods of two (2) or more complete weeks, providing a written request for such advance payment is received from the employee at least six (6) weeks prior to the last pay before the employee’s vacation period commences, and providing the employee has been authorized to proceed on vacation leave for the period concerned. Pay in advance of going on vacation shall be made prior to departure. Any overpayment in respect of such pay advances shall be an immediate first charge against any subsequent pay entitlement and shall be recovered in full prior to any further payment of salary.

  • Income Payments (i) If Income is paid in respect of any Purchased Mortgage Loans during the term of a Transaction, such Income shall be the property of Buyer. Seller shall cause the Servicer to remit to the Collection Account all Income in accordance with the related Servicer Side Letter. Upon the occurrence and during the continuance of an Event of Default, within two (2) Business Days of receipt thereof, Seller shall, and shall cause the applicable Servicer to deposit such Income into the account set forth in Section 10(a) hereof. (ii) Notwithstanding any provision to the contrary in this Section 5, within two (2) Business Days after notification of receipt by Seller or Servicer of any prepayment of principal in full, with respect to a Purchased Mortgage Loan, Seller shall or shall cause Servicer to remit such amount directly to the Collection Account in accordance with the related Servicer Side Letter. Buyer shall immediately apply any such amount received to reduce the amount of the Repurchase Price due upon termination of the related Transaction and to the extent no Default or Event of Default has occurred and is continuing, shall promptly remit any excess to Seller; provided, that Buyer shall have no obligation to apply such payments in the event that it is unable to identify the Purchased Mortgage Loans to which such payments correspond. (iii) Provided that no Event of Default has occurred and is continuing, on each Price Differential Payment Date, Buyer shall remit all Income in the Collection Account with respect to the Purchased Mortgage Loans as follows: (A) first, to Buyer, in payment of any accrued and unpaid Price Differential to the extent not paid by Seller to Buyer pursuant to Section 5(b) hereof; (B) second, to Buyer, in the order of priority as determined in accordance with Section 4, in reduction of the Repurchase Price of any liquidation, pay-off or repurchase of any Purchased Mortgage Loan up to the amount advanced by Buyer; (C) third, without limiting the rights of Buyer under Section 7 hereof, to Buyer, in the amount of any unpaid Margin Deficit in excess of the Minimum Margin Threshold; (D) fourth, to the payment of all other Obligations then due and owing to Buyer; and (E) fifth, to, or at the direction of Seller, any remaining amounts. (iv) Notwithstanding the preceding provisions, if an Event of Default has occurred and is continuing, all funds received by Buyer pursuant to this Section 5 shall be applied to reduce Obligations as determined by Buyer in its sole discretion.

  • EXPENSE PAYMENTS The Owner hereby gives power to the Agent to pay expenses and costs for the Property from the Owner’s funds held by the Agent, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.

  • Salary Payments Salaries shall be paid fortnightly by direct credit to the employee’s nominated bank account except that individual employees may on religious or ethical grounds apply in writing to the Secretary for Education to be paid by cheque.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.