Deductions definition

Deductions means any deductions which the Employment Business may be required by law to make and in particular in respect of PAYE pursuant to Sections 44-47 of the Income Tax (Earnings and Pensions) Act 2003 and Class 1 National Insurance Contributions;

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Deductions means all Service Credits, Delay Payments or any other deduction which the Customer is paid or is payable under this Call Off Contract;

Deductions means any form of Service Credits, Delay Payments or any other deduction which the Customer is paid or is payable under this Contract;

Examples of Deductions in a sentence

For greater certainty, the Payee shall not be responsible for, and all Royalty payments shall be made free of, any Deductions, all of which shall be for the account of the Payors, except as specifically provided for in this Section 3 and Sections 4 and 5.
If an In-Kind Deduction Payment in respect of Allowable Deductions for a particular month is not made within 10 days of receipt of invoices for such Allowable Deductions, the Payors shall be permitted to set-off the amount of such In-Kind Deduction Payment against any future credits/payments of the Royalty to the Payee, plus interest on such amount at the rate of 12.0% per annum, which shall accrue from the day such delinquent In-Kind Deduction Payment was due to the date of set-off.
Notwithstanding anything else in this Section 5(c), at no time may the Royalty percentage share of Allowable Deductions exceed the amount of credits/payments that would otherwise be due and payable pursuant to the Royalty such that Net Smelter Returns are less than zero.
The In-Kind Deduction Payment shall be made within 10 days of receipt of invoices for such Allowable Deductions by wire transfer to an account to be designated by the Payors, and notified to the Payee in writing at least three Business Days prior to the payment date.
Such statement shall be accompanied by copies of the relevant settlement sheets from the Third Party Payor and invoices for all Allowable Deductions applied to the Royalty.

More Definitions of Deductions

Deductions means an amount, determined by the Calculation Agent in its opinion, equal to the aggregate of (a) any amount withheld or deducted or required to be withheld or deducted from any amount in respect of interest and principal otherwise payable to Party B under the Original Collateral in respect of any taxes, fees, levies, duties, charges or assessments to the extent that the Original Collateral Obligor does not pay such additional amounts as would result in the receipt by Party B of such amounts (after it has discharged any such amount imposed, levied or assessed against it) as would have been received by Party B under the Original Collateral had no such withholding or deduction been imposed; (b) fees of any nature, in each case imposed, levied or assessed by or on behalf of any government, territory or taxing authority having jurisdiction over the Original Collateral Obligor or any governmental subdivision thereof on Party B relating to the Original Collateral; (c) any fees, taxes or duties imposed on Party B relating to the transfer of the Original Collateral; and (d) any funding costs incurred by Party B in respect of (a), (b) and (c).

Deductions shall have the meaning ascribed to it in the definition of Operating Profit.

Deductions all Service Credits, Delay Payments (if applicable), or any other deduction which the Buyer is paid or is payable to the Buyer under a Call-Off Contract;

Deductions means the following matters:

Deductions means any deductions which the Company may be required by law to make and in particular in respect of PAYE income tax and National Insurance Contributions;

Deductions shall not include (a) debt service payments pursuant to a Mortgage or (b) rental payments under any Hotel Lease, all of which shall be paid by Owner from its own funds.

Deductions has the meaning set out at Clause 6.3;