Maker, Checker Sample Clauses

The Maker, Checker clause establishes a dual-control process where one individual (the maker) initiates or prepares a transaction or document, and a separate individual (the checker) reviews and approves it before finalization. In practice, this clause is commonly applied to financial transactions, contract approvals, or sensitive business processes to ensure that no single person has unchecked authority. By requiring two distinct parties to be involved, the clause helps prevent errors, fraud, and unauthorized actions, thereby enhancing internal controls and accountability within an organization.
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Maker, Checker. In order to start the QPAY Service, the client shall pick two initial accounts: an administrator with ability to manage employee information, timesheets and salaries: the “Maker”, and a senior level executive with ability to authorize payment of salaries to the bank: the “Checker”. Employer shall officially designate its Maker and Checker account as below: Last Name: Email: Signature: Date: . Signature: Date:
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Maker, Checker. The Parties hereby acknowledge and agree that any disputes arising out of or in connection with this Agreement, controversy or claim arising out of or relating to this Agreement, including any disputes dealing with execution, violation, termination, breach or invalidity hereof, shall be settled in the International Court of Bishkek city (the “ICA”) in accordance with the ICA Arbitration Rules by one arbitrator appointed in accordance with the ICA Arbitration Rules. The substantive law governing the case will be the laws of the Kyrgyz Republic. The seat and place of arbitration shall be the city of Bishkek, Kyrgyz Republic. The Russian language shall be used throughout the arbitral proceedings. Arbitration award rendered by ICA shall be final.
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Related to Maker, Checker

  • Union Check-Off The Employer agrees to the monthly check-off of all Union Dues, Assessments, Initiation Fees, and written assignments of amounts equal to Union Dues. The check-off monies deducted in accordance with the above paragraph shall be remitted to the Union by the Employer within two (2) weeks of the end of each month. The Employer shall provide the Union's Provincial Office with a list of all employees hired, and all employees who have left the employ of the Employer (who shall be designated as terminated and shall include discharges, resignations, retirements and deaths) in the previous month along with a list of all employees in the bargaining unit and their employee status and the amount of dues or equivalent monies currently being deducted for each employee.

  • Lost Checks Any paycheck that is lost after receipt or that is not delivered within seven (7) days of mailing, shall be replaced not later than five (5) working days following the unit member's written request to the Payroll Department for replacement of the check. For unit members who have automatic deposit, any pay warrant not deposited on the date of the automatic deposit shall be replaced not later than three (3) working days following the unit member’s written request to the Payroll Department for replacement of the check.

  • UNION DUES CHECK-OFF On a weekly basis the Employer agrees to deduct uniform dues and initiation fees from the paycheck of those covered employees whose individual written unrevoked authorizations are on file with the Employer and to transmit the amounts so deducted to the Union monthly. Said deduction authorizations shall be in such form as to conform with Section 302(c) of the Labor Management Relations Act of 1947.

  • Returned Checks In the event that a check intended as payment for Rent is dishonoured for whatever reason, the same shall be considered as Late Rent with the late fee being payable on the same.

  • CHECK-IN AND CHECK-OUT 8.11.1 Specific check-in information will be provided to all Resident students via the Residential Life website (▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇.▇▇▇). A resident planning to check-in after the stated arrival period, must notify Residential Life prior to the stated check-in time. 8.11.2 Each Resident is given a room key or card access to the apartment/room, and electronic card access to the building through their ID card or a key to the outside/foyer door. Residents may receive additional keys within specific areas of campus, such as mailbox keys. Residents who lose their room or mailbox key, or fail to return keys upon vacating the room, will be charged accordingly.