Monthly Deduction Sample Clauses

Monthly Deduction. The Employer agrees to deduct regular FOP/OLC membership dues once each month from the pay of any employee in the bargaining unit eligible for membership upon receiving written authorization signed individually and voluntarily by the employee. The signed payroll deduction form must be presented to the Employer by the employee. Upon receipt of the proper authorization, the Employer will deduct FOP/OLC dues from the payroll check for the next pay period in which dues are normally deducted following the pay period in which the authorization was received by the Employer.
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Monthly Deduction. The amount we deduct on the Monthly Anniversary Day from the Contract Value to pay the Cost of Insurance, Monthly Expense Charges, and the cost of any additional benefits provided by riders for the month beginning on that Monthly Anniversary Day.
Monthly Deduction. We will make a Monthly Deduction from the Contract Value on each Monthly Anniversary Day equal to the sum of the following:
Monthly Deduction. The Employer shall deduct dues or initiation fees from the second 32 pay in each calendar month. If an employee has no pay due on that pay date such amounts shall 33 be deducted from the next or subsequent pay. 34
Monthly Deduction. The Monthly Deduction is the sum of the Cost of Insurance Charge and the Monthly Administrative Charge. The Monthly Deduction shall be deducted from the Accumulated Value of the policy on the Monthly Policy Date.
Monthly Deduction. The Employer agrees to deduct regular payroll deduction of dues, fees, or assessments once each month upon the date of issuance of the payroll warrant from the pay of any employees in the bargaining unit upon receiving written authorization signed individually and voluntarily by the employee. The signed payroll deduction form, furnished by the Union, must be presented to the Employer by the Union. Upon receipt of the authorization, the Employer will deduct Union dues, fees or assessments from the payroll check for the next pay period in which dues are normally deducted following the pay period in which the authorization was received by the Employer. The parties agree that neither the employees nor the Union shall have a claim against the Employer for errors in the processing of deductions, unless a claim of error is made in writing to the Employer within sixty (60) days after the date such error is claimed to have occurred. If it is found that an error was made, it will be corrected at the next pay period that the Union dues deduction would normally be made by deducting the proper amount.
Monthly Deduction. The Monthly Deduction from the Accumulated Value is the sum of:
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Monthly Deduction. A Monthly Deduction is made for the Cost of Insurance, Contract Fee, the Expense Charge on the Fixed Account and the cost of any Additional Benefit Agreements. The Monthly Deduction for a contract month will be calculated by adding: [bullet] the Contract Fee, if due; [bullet] the Expense Charge on the Fixed Account; [bullet] the Cost of Insurance for the contract month; and [bullet] the cost for the contract month of any Additional Benefit Agreements. The Expense Charge on the Fixed Account will be deducted from Your Fixed Account balance. The remainder of the Monthly Deduction for a contract month will be allocated among the Fixed Account and the sub-accounts of the Separate Account in proportion to the Account Value in each account. When determining these proportions, the Account Values are used net of any Indebtedness at the beginning of the month. The Monthly Deduction for each date that falls on a contract anniversary also includes the Contract Fee.
Monthly Deduction. The Monthly Deduction is made on the Contract Date and on each subsequent Monthly Anniversary prior to the Insured's Attained Age 100. If any Monthly Anniversary occurs prior to the Contract Date, the deduction(s) for such day(s) will also be made on the Contract Date. The Monthly Deduction made from the subaccounts of the Variable Account is the sum of: 1) The monthly Cost of Insurance (see Section 7.2); 2) The monthly Administrative Charge. This charge is the sum of: a) The Basic Monthly Charge of $10.00; and b) Any Initial Monthly Charge. This is a charge per $1,000 of Initial Face Amount. However, if the Initial Face Amount is decreased according to Section 5.5, the charge will be based on the Face Amount remaining after the decrease. The charge is made on the Contract Date and then on each Monthly Anniversary until 180 charges have been made. The charge per $1,000 is shown on page 4; 3) Any Initial Monthly Charge for Increases. This is a charge per $1,000 of increase in Face Amount. However, if the increased Face Amount is later decreased according to Section 5.5, the charge will be based on the amount of the increased Face Amount remaining after the decrease. The charge is made on the effective date of each increase according to Section 5.3 and then on each Monthly Anniversary until 180 charges have been made. The charge is based on Attained Age on the date of the increase. The charge per $1,000 is shown on page 5; 4) Any Decrease Charge which results from a requested decrease in Face Amount according to Section 5.5; and 5) The monthly cost of any Additional Benefits. However, if the Monthly Deduction is greater than the Cash Surrender Value and the requirements of the Death Benefit Guarantee are met, the deduction made will not exceed the Accumulated Value less any Debt. We will pay the balance of the Monthly Deduction. The Monthly Deduction is taken from each subaccount according to the ratio for this contract of the accumulated value in the subaccount to the sum of the accumulated values in all the subaccounts. With our approval, you may choose other allocations of the Monthly Deduction. 7.2
Monthly Deduction. The Monthly Deduction is made on the Contract Date and on each subsequent Monthly Anniversary. If any Monthly Anniversary occurs prior to the Contract Date, the deduction(s) for such day(s) will also be made on the Contract Date. The Monthly Deduction made from the subaccounts of the Variable Account is the sum of:
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