Employee Advances definition

Employee Advances. Borrower shall not make any loans or advances to employees except in the ordinary course of business and consistent with past practices of Borrower in an aggregate amount not exceeding at any time [$________].
Sample 1
Employee Advances means loans or advances to any officer, director, employee or agent with respect to the Business.
Sample 1
Employee Advances. Employee Advances-Colorado", "Employee Advances-Florida", "Intercompany Reynx", "Investment-Officer's Compensation", "Minimum Pension Asset", "Prepaid Sales Commissions (Birmingham, Sentinel, San Diego and Portland)", "Prepaid Taxes-Colorado", and "Post-retirement Benefits (contra-liabilities)" (collectively, the "EXCLUDED BALANCE SHEET ASSETS").
Sample 1

Examples of Employee Advances in a sentence

  • Employee Advances – The carrying amounts for receivables from employees financial instruments approximate fair value.

  • Suspense accounts come mainly in three categories: 1) Employee Advances, 2) Ministry Advances, and 3) Investment Accounts.

  • Employee Advances 3,50,5252,48,580(b) Prepaid Expenses3,09,5781,81,146(c) Deposits and balances with government and other authorities2,11,2422,99,442(d) Advances to Suppliers1,08,7895,097(e) Others10,95511,067 GUJARAT POLY-AVX ELECTRONICS LIMITED(In Rupees) ParticularsAs at 31st March 2014 As at 31st March 2013 TOTAL 9,91,089 7,45,332 18.

  • Line 9 -Other Employee Advances 2,177 2,177 Real Estate Tax-Escrow 140,698 2,177 142,875 After C.

  • Employee Advances The School provides employee advances to staff that are approved by management.

  • Accounts Department shall update the Register of Employee Advances maintained in Form ES-2 for recovery of Loans / advances and Register of Interest on Loans to Employees maintained in Form ES-3 for recovery of loans and interest respectively.

  • Balance SheetLine 9 Current Assets Other (specify): Description OperatingAfter Consolidation 12390-00-0000 Employee Advances Account(1,152)(1,152) 18005-10-0000 Due From Accounts:Note Due From Cna First24,70824,708 18011-00-0000 Due From Accounts:Note Due From Apartment6,8176,817 Total - Line 930,37330,373 --STATE OF ILLINOIS Page 18 Facility Name & ID Number Medina Nursing Center, Inc.

  • A monthly reconciliation shall be carried out by the Head of the Accounts Department and the Head of Establishment Department in respect of loans and advances outstanding between the balances in the Ledger Accounts maintained at the Accounts Department and the Register of Employee Advances and Register of Loans to Employees.

  • Accounts Department shall update the Register of Employee Advances maintained in Form UAM-79 for recovery of Loans / advances and Register of Interest on Loans to Employees maintained in Form UAM-80 for recovery of loans and interest respectively.

  • Line 9 -Other Employee Advances 2,117 2,117 Real Estate Tax-Escrow 158,400 2,117 160,517 After C.


More Definitions of Employee Advances

Employee Advances. Employee advances/loans not to exceed $5,000.00. ADVANCES: Advances under the Revolving Line of Credit will be limited to 80% of eligible accounts receivable less than 90 days olds, plus 50% inventory subject to a 50% cap for inventory. Monthly Borrowing Base and monthly statements will be required once a minimum of $500,000 is outstanding on the Revolver. See attached Exhibit A.
Sample 1
Employee Advances and "prepaid income taxes".
Sample 1
Employee Advances means Seller's advances to and receivables from the Transferred Employees, and excludes any obligations of Transferred Employees to Employee Plans.
Sample 1
Employee Advances. Loans or advances in the ordinary course of business and consistent with past practices of Borrower, provided that FINOVA shall establish reserves against Borrower's availability under this Agreement to the extent that the aggregate of any such loans or advances to employees outstanding at any one time exceeds $50,000, and provided further that Borrower shall provide FINOVA with prior written notice of any such loan or advance that would cause the aggregate of such loans or advances to exceed $50,000.
Sample 1

Related to Employee Advances

  • or "Advances means a cash advance or cash advances under the Revolving Facility.

  • Protective Advances has the meaning specified therefor in Section 2.3(d)(i) of the Agreement.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Protective Advance has the meaning assigned to such term in Section 2.04.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Nonrecoverable Advances Means, with respect to any Mortgage Loan, (a) any Delinquency Advance or Servicing Advance previously made and not reimbursed pursuant to Section 5.03 of the Sale and Servicing Agreement, or (b) a Delinquency Advance proposed to be made in respect of a Mortgage Loan or REO Property either of which, in the good faith business judgment of the Servicer, as evidenced by an Officer’s Certificate delivered to the Indenture Trustee no later than the Business Day following such determination, would not ultimately be recoverable pursuant to Section 5.03 of the Sale and Servicing Agreement.

  • converted employment and support allowance means an employment and support allowance which is not income-related and to which a person is entitled as a result of a conversion decision within the meaning of the Employment and Support Allowance (Existing Awards) Regulations 2008;

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Term Loan as defined in Section 2.1.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.