Deductions Table Sample Clauses

Deductions Table. Pursuant to Section 5(a) of this Agreement, CONTRACTOR hereby authorizes CARRIER to deduct or recover the items in the Deductions Table below. Where no dollar figure is listed in the Deductions Table, the deductions will vary in amount and will be computed as indicated in the column headed “Amount of Deduction or Method of Computation.” Except as otherwise indicated in that column or in another provision of this Agreement or Addendum, (a) CARRIER shall charge CONTRACTOR no administrative (“admin.”) fee or markup and (b) CARRIER shall credit CONTRACTOR with all rebates, discounts, credits, or refunds that correspond to particular deductions and that CARRIER receives while the Agreement is in effect or, in the case of taxes and fees, even after the Agreement is terminated. [This Appendix A continues on the following page.] CHARGE-BACK OR DEDUCTION ITEM AMOUNT OF DEDUCTION OR METHOD OF COMPUTATION Advance check If CONTRACTOR elects, with CARRIER's prior written consent, to use a CARRIER advance check to pay any of CONTRACTOR's expenses under this Agreement, CARRIER shall charge back the amount advanced. Claims - Damages, losses, fines, penalties, court costs, attorneys' fees, and other expenses (together "Damages") that CARRIER pays or otherwise incurs arising out of or in connection with CONTRACTOR’s negligence, gross negligence, willful misconduct, or other culpable acts or omissions under this Agreement § 13(a) subject to the indemnity limits set forth in Agreement § 13(b) Amount CARRIER paid or otherwise incurred, subject to indemnity limits set forth in Agreement § 13(b), if applicable
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Deductions Table. Carrier shall deduct from Contractor’s compensation at the time of payment to or settlement with Contractor, any liability or expense Carrier has incurred or paid that, under this Agreement or any addendum to this Agreement, Contractor is obligated to bear, resulting in a net amount, if any, to be remitted to Contractor (“Settlement Compensation”). Such expenses shall be deducted from the amount of Contractor’s settlement compensation and shall include those expenses set forth in Exhibit B (Contractor Compensation Rates) of this Agreement. Contractor shall, immediately after each settlement, pay Carrier any net amount Contractor continues to owe Carrier following the making of such deductions. From time to time, Contractor may be permitted by Carrier to purchase fuel, products, or services, including repairs, that are charged to Carrier. When Contractor does so, Contractor hereby authorizes Carrier to deduct or otherwise recover from Contractor pursuant to this Section of this Agreement amounts equal to these charges plus any applicable administration fees. Contractor is never to charge any amounts to Carrier’s account – or execute or endorse any negotiable instrument for or on behalf of Carrier – without Xxxxxxx’s express written permission in advance, and Contractor and Carrier shall not incur or authorize any other debts in the name of the other. No deduction made by Carrier from any Settlement Compensation due Contractor where such deduction is not sufficient to satisfy the total amount due and owing Carrier shall be viewed as a compromise, settlement, discharge or full satisfaction of the amount due and owing.
Deductions Table. Pursuant to Section 5 of this Agreement, Contractor authorizes Carrier to deduct or recover the items in the Deductions Table below. Where no dollar figure is listed, the deductions will vary in amount and will be computed as indicated. As used in this Agreement, “Carrier Markup” means any amount that exceeds the actual cost incurred by Carrier, whether such excess amount is retained by Carrier to offset administrative costs, as profit, or for any other purpose. CHARGE-BACK OR OTHER DEDUCTION ITEM AMOUNT OR METHOD OF COMPUTATION OF DEDUCTION Adjustments to compensation See Section 3.5 of this Agreement. Express check If Contractor elects, with Xxxxxxx's prior written consent, to use an Express check to pay any of Contractor's expenses under this Agreement, Carrier will charge back the amount advanced, plus a per-transaction fee of $5.00 (comprising both the fee charged by issuer of the advance checks and a Carrier Markup). Advances of Contractor's compensation loaded onto Xxxxxxx's Comdata Card for Contractor's use to purchase only fuel, ad- ditives, lubricants, and, subject to Carrier approval, mainte- xxxxx and repairs for the Equipment Amount Carrier advanced to Contractor (loaded onto the Comdata Card) on Contractor’s request, plus a per-transaction fee of $5.00 (comprising both a fee charged by issuer of the Comdata Card and a Carrier Markup). If Carrier receives any discount, rebates, or credits on Contractor’s use of the Comdata Card, Carrier will retain such discounts and rebates as a Carrier Markup.

Related to Deductions Table

  • DEDUCTIONS FROM WAGES 3.01 Deductions from wages, approved by the Company, except those required by law, order-in-council, or Government regulations including union dues, shall be made only on written authorization signed by the employee.

  • DEDUCTIONS FROM PAY 24.01 The Employer shall continue to make necessary or approved deductions from an employee's pay for fringe benefits, taxes and other customary purposes and provide the employee with a statement of such deductions with each pay cheque.

  • Are My Contributions to a Traditional IRA Tax Deductible Although you may make a contribution to a Traditional IRA within the limitations described above, all or a portion of your contribution may be nondeductible. No deduction is allowed for a rollover contribution (including a “direct rollover”) or transfer. For “regular” contributions, the taxability of your contribution depends upon your tax filing status, whether you (and in some cases your spouse) are an “active participant” in an employer-sponsored retirement plan, and your income level. An employer-sponsored retirement plan includes any of the following types of retirement plans: • a qualified pension, profit-sharing, or stock bonus plan established in accordance with IRC 401(a) or 401(k); • a Simplified Employee Pension Plan (SEP) (IRC 408(k)); • a deferred compensation plan maintained by a governmental unit or agency; • tax-sheltered annuities and custodial accounts (IRC 403(b) and 403(b)(7)); • a qualified annuity plan under IRC Section 403(a); or • a Savings Incentive Match Plan for Employees of Small Employers (SIMPLE Plan). Generally, you are considered an “active participant” in a defined contribution plan if an employer contribution or forfeiture was credited to your account during the year. You are considered an “active participant” in a defined benefit plan if you are eligible to participate in a plan, even though you elect not to participate. You are also treated as an “active participant” if you make a voluntary or mandatory contribution to any type of plan, even if your employer makes no contribution to the plan. If you are not married (including a taxpayer filing under the “head of household” status), the following rules apply: • If you are not an “active participant” in an employer- sponsored retirement plan, you may make a contribution to a Traditional IRA (up to the contribution limits detailed in Section 3). • If you are single and you are an “active participant” in an employer-sponsored retirement plan, you may make a fully deductible contribution to a Traditional IRA (up to the contribution limits detailed in Section 3), but then the deductibility limits of a contribution are related to your Modified Adjusted Gross Income (AGI) as follows: Year Eligible to Make a Deductible Contribution if AGI is Less Than or Equal to: Eligible to Make a Partially Deductible Contribution if AGI is Between: Not Eligible to Make a Deductible Contribution if AGI is Over: 2020 $65,000 $65,000 - $75,000 $75,000 2021 & After - subject to COLA increases $66,000 $66,000 - $76,000 $76,000 If you are married, the following rules apply: • If you and your spouse file a joint tax return and neither you nor your spouse is an “active participant” in an employer-sponsored retirement plan, you and your spouse may make a fully deductible contribution to a Traditional IRA (up to the contribution limits detailed in Section 3). • If you and your spouse file a joint tax return and both you and your spouse are “active participants” in employer- sponsored retirement plans, you and your spouse may make fully deductible contributions to a Traditional IRA (up to the contribution limits detailed in Section 3), but then the deductibility limits of a contribution are as follows: Year Eligible to Make a Deductible Contribution if AGI is Less Than or Equal to: Eligible to Make a Partially Deductible Contribution if AGI is Between: Not Eligible to Make a Deductible Contribution if AGI is Over: 2020 $104,000 $104,000 - $124,000 $124,000 2021 & After - subject to COLA increases $105,000 $105,000 - $125,000 $125,000 • If you and your spouse file a joint tax return and only one of you is an “active participant” in an employer- sponsored retirement plan, special rules apply. If your spouse is the “active participant,” a fully deductible contribution can be made to your IRA (up to the contribution limits detailed in Section 3) if your combined modified adjusted gross income does not exceed $196,000 in 2020 or $198,000 in 2021. If your combined modified adjusted gross income is between $196,000 and $206,000 in 2020, or $198,000 and $208,000 in 2021, your deduction will be limited as described below. If your combined modified adjusted gross income exceeds $206,000 in 2020 or $208,000 in 2021, your contribution will not be deductible. Your spouse, as an “active participant” in an employer- sponsored retirement plan, may make a fully deductible contribution to a Traditional IRA if your combined modified adjusted gross income does not exceed the amounts listed in the table above. Conversely, if you are an “active” participant” and your spouse is not, a contribution to your Traditional IRA will be deductible if your combined modified adjusted gross income does not exceed the amounts listed above. • If you are married and file a separate return, and neither you nor your spouse is an “active participant” in an employer-sponsored retirement plan, you may make a fully deductible contribution to a Traditional IRA (up to the contribution limits detailed in Section 3). If you are married, filing separately, and either you or your spouse is an “active participant” in an employer-sponsored retirement plan, you may not make a fully deductible contribution to a Traditional IRA. Please note that the deduction limits are not the same as the contribution limits. You can contribute to your Traditional IRA in any amount up to the contribution limits detailed in Section 3. The amount of your contribution that is deductible for federal income tax purposes is based upon the rules described in this section. If you (or where applicable, your spouse) are an “active participant” in an employer- sponsored retirement plan, you can refer to IRS Publication 590-A: Figuring Your Modified AGI and Figuring Your Reduced IRA Deduction to calculate whether your contribution will be fully or partially deductible. Even if your income exceeds the limits described above, you may make a contribution to your IRA up to the contribution limitations described in Section 3. To the extent that your contribution exceeds the deductible limits, it will be nondeductible. However, earnings on all IRA contributions are tax deferred until distribution. You must designate on your federal income tax return the amount of your Traditional IRA contribution that is nondeductible and provide certain additional information concerning nondeductible contributions. Overstating the amount of nondeductible contributions will generally subject you to a penalty of $100 for each overstatement.

  • DEDUCTIONS FROM SALARY A. The Board agrees to deduct from teachers’ salaries membership dues and assessments for the Xxxxxx County Education Association, the Maryland State Teachers’ Association, and the National Education Association as said teachers individually and voluntarily authorize to deduct through an appropriate written authorization form prepared by the Association. The Board agrees to transmit such monies promptly to the Association.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Deductions from Sick Leave A deduction shall be made from accumulated sick leave of all normal working days (exclusive of holidays) absent for sick leave.

  • User Contributions The Website may contain message boards, chat rooms, personal web pages or profiles, forums, bulletin boards, and other interactive features (collectively, "Interactive Services") that allow users to post, submit, publish, display, or transmit to other users or other persons (hereinafter, "post") content or materials (collectively, "User Contributions") on or through the Website. All User Contributions must comply with these Terms of Use. Any User Contribution you post to the site will be considered non-confidential and non- proprietary. By providing any User Contribution on the Website, you grant us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns the right to use, reproduce, modify, perform, display, distribute, and otherwise disclose to third parties any such material. You represent and warrant that: • You own or control all rights in and to the User Contributions and have the right to grant the license granted above to us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns. • All of your User Contributions do and will comply with these Terms of Use. You understand and acknowledge that you are responsible for any User Contributions you submit or contribute, and you, not the Company, have full responsibility for such content, including its legality, reliability, accuracy, and appropriateness. We are not responsible or liable to any third party for the content or accuracy of any User Contributions posted by you or any other user of the Website.

  • Deductions Upon the termination of the Lease, the Landlord may deduct the following from the Security Deposit: Unpaid rent; Late fees; Unpaid utilities Cost of repairs beyond ordinary wear and tear; Cleaning fee in the amount of $ ; Early Termination Fee Brokerage fees Others: .

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions:

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

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