Debits. Each Member's Capital Account shall be decreased by (1) the amount of cash and the Asset Value of any property distributed to the Member, (2) the Member's allocable share of Losses pursuant to Article V, below, and (3) the amount of any debt of the Member that is assumed by the Company or secured by any property contributed by the Member to the Company.
Debits. Each Partnership Unit Holder’s Capital Account shall be debited with (reduced by) the amount of cash and the Fair Market Value of any property distributed to such Partnership Unit Holder (except to the extent a distribution is treated as a “guaranteed payment” under Section 707(c) of the Code), any expenses or losses allocated to such Partnership Unit Holder pursuant to Section 7.1, and the amount of any liabilities or indebtedness of such Partnership Unit Holder that is assumed by the Partnership or that is secured by any property contributed by such Partnership Unit Holder to the Partnership.
Debits. Employees may carry forward up to ten (10) debit hours in an accounting period. Debit hours in excess of ten (10) will be reported to the Senior Department Head/Manager, and if not cleared within the succeeding accounting period, will be automatically deducted from the employee’s pay cheque, at the regular rate of pay, on the next appropriate payroll date. All debit hours must be cleared annually by November 30th or the hours will be deducted from the employee’s pay cheque, at the regular rate of pay. Debit hours are not interchangeable with leaves of approved absences.
Debits. Neither party will initiate a transaction in connection with a Payment Obligation for the purpose of debiting a bank account of the other party.
Debits. To each Partner’s Capital Account there shall be debited the amount of cash and the Gross Asset Value of any property of the Partnership distributed to such Partner pursuant to any provision of this Agreement, such Partner’s allocated share of Net Losses, any items in the nature of expenses or losses which are specially allocated pursuant to this Agreement and which would not otherwise be included in the computation of Net Profits and Net Losses, and the amount of any liabilities of such Partner assumed by the Partnership or which are secured by any property contributed by such Partner to the Partnership (but only to the extent such liabilities are to be debited pursuant to the Treasury Regulations).
Debits. Except as otherwise provided herein, each Account shall be debited with the following:
Debits. There are several types of debit transactions. Common debit transactions include checks, ACH payments, PIN-Based Debit Card Purchases, and Signature-Based Debit Card Purchases. Keep in mind that there are many ways transactions are presented for payment by merchants, and we are not necessarily in control of when transactions are received.
Debits. There are several types of debit transactions. Common debit transactions are generally described below. There are many ways transactions are presented for payment by merchants, and we are not in control of when transactions are received. We receive multiple data files every day from the Federal Reserve with ACH transactions Monday through Friday. If the day is a recognized federal holiday by the Federal Reserve, we may not receive or process a file that day. For ACH transactions that we receive at the same time, for example, all in the same data file, ACH credit transactions are posted first and ACH debit transactions are posted second in the order received by us. Bank posts ACH transactions throughout the day Monday through Friday, excluding federal holidays. PIN- Based Card purchase transactions are purchase transactions using your Card for which a merchant may require you to enter your personal identification number (PIN) at the time of sale. They are processed through a PIN debit network. These transactions are similar to ATM withdrawal transactions because the money is usually deducted from your available balance immediately at the time of the transaction. However, depending on the merchant, a PIN-based transaction may not be immediately presented for payment. Signature-Based Card purchase transactions are purchase transactions using your Card that are processed through a signature-based network. Rather than entering a PIN, you typically sign for the purchase; however, merchants may not require your signature for certain transactions.
Debits. A Member’s Capital Account shall be debited with: (i) the amount of money and the fair market value of any Property of the Company distributed to such Member; (ii) the amount of any liabilities of such Member assumed by the Company or which are secured by Property contributed by such Member to the Company; (iii) such Member’s distributive share of Loss; and (iv) any item in the nature of expenses or losses specially allocated to such Member pursuant to the provisions of ARTICLE 4 of this Agreement.
Debits. For purposes of offsetting impacts to low quality wetlands as identified within the RGP and EMA, 0.65 credits per acre of impact must be debited from the bank. For purposes of offsetting impacts to high quality wetlands, 0.92 credits per acre of impact must be debited from the bank. Because the credits from this mitigation bank have been assessed for time lag and risk, these factors shall not be considered for impact permits.
