One Time Payments definition

One Time Payments are those payments you authorize and schedule to be made on the same day (or the next business day if authorized after applicable cutoff times). “Preauthorized Payments” are those payment you authorize and schedule to be made on a future date on a one-time basis. “Recurring Payments” are those payments you authorize and schedule to be made on automatically and regularly recurring future dates.
View Source
One Time Payments. For Year 3 of this CBA only, one-time payments found in Table 2 will be made to Eligible Adjunct Faculty Members1 on a per-credit hour basis based upon the number of credit hours taught during Fall Term 2022, Spring Term 2023, or Summer Term 2023 individually, and not collectively: 1 If an Adjunct Faculty taught a credit bearing course in Summer Term 2021, Fall Term 2021, or Spring Term 2022, then an Adjunct Faculty is eligible for a one-time payment(s) for teaching credit bearing course(s) in Year Three of the CBA. An Adjunct Faculty must teach a credit bearing course in Fall Term 2022, Spring Term 2023, or Summer Term 2023 in order to be eligible for the proposed one-time payment(s). For ease of reference, these defined Adjunct Faculty will be called Eligible Adjunct Faculty. Table 2: Adjunct One- Time Payment for Year 3 Only (in addition to Current Credit Hour Pay Rate) Adjunct - Per credit hour $24.34 $22.61 $22.46 $22.12 $21.28 The one-time payment will be made to Eligible Adjunct Faculty no later than December 2022 for credit bearing courses taught in Fall Term 2022, no later than May 2023 for credit bearing courses taught in Spring Term 2023, and no later than July 2023 for credit bearing courses taught in Summer Term 2023. Additionally, to the extent that the College negotiates more favorable one-time payments for full-time faculty members covered by the UFF-BC Chapter Collective Bargaining Agreement than was approved by the College its fiscal year 2022-2023 budget than the College agrees to consider an amendment to the provision, so long as the negotiations with the UFF-BC Chapter conclude on or before June 30, 2023 and includes a wage term for the one-time payment. In order to illustrate the effect of this subsection, if an Eligible Faculty Member with a doctorate teaches a one credit course in the Fall Term 2022, that Adjunct will receive the 2022-2023 rate in the manner described in Article 7.1, Table 1. The Eligible Faculty Member will also receive the one-time payment for Year Three only ($24.34) no later than December 2022. That same Eligible Faculty Member teaches a three-credit course in Spring Term 2022 in the manner described in the Collective Bargaining Agreement Article 7.1, Table 1. The Eligible Faculty Member will also receive the one-time payment in Year Three only ($24.34 * 3 = $73.02) no later than May 2023. The same Eligible Faculty Member teaches nothing in Summer Term 2023, and receives no pay, as no courses were taught.
View Source
One Time Payments shall have the meaning given to such term in the License Agreement.
View Source

Examples of One Time Payments in a sentence

  • You may schedule two (2) types of payments to your Billers: One Time Payments or Recurring Payments.

  • You may schedule One- Time Payments and Recurring Payments to any of your Payees.

  • Fees for Purchased Services are based on the Payment Schedule on the Order Form including an Initial Payment due on execution of the Order Form, Other One Time Payments due on the dates specified in the Order Form, Scheduled Periodic Payments due Monthly, or Quarterly or Yearly in advance as specified in the Order Form, and Periodic Payments – Paid Monthly in Arrears Upon Invoice Receipt, as well as Periodic Payments Paid Weekly in Arrears Upon Invoice Receipt, due as specified in the Order Form.

  • The commitment by Issuing Bank to renew the Term Standby Letter of Credit shall, unless earlier terminated in accordance with the terms of this Agreement, automatically terminate on the fifth anniversary of the initial issuance of the Term Standby Letter of Credit.

  • Online Payments includes One Time Payments, Automatic Payments, and Recurring Payments as defined above.

  • EMPLOYEE shall serve as a FULL-TIME, EXEMPT, AT-WILL EMPLOYEE and will work from the EMPLOYER’s office in Amarillo, Texas and/or at other locations as directed by the EMPLOYER.

  • The words "Program" refer to One- Time Payments and Electronic ▇▇▇▇ (E-▇▇▇▇) delivery and payment.

  • Only Fixed Automatic Transfers and One Time Transfers can be made through the Online Banking Service (same instructions apply as those for Fixed Automatic Payments and One Time Payments).

  • The words "Program" refer to One- Time Payments and Electronic Bill (E-bill) delivery and payment.

  • Single One Time Payments - These are payments where the due date and amount will vary; therefore, each payment will be scheduled manually each time you wish to pay.

Related to One Time Payments

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).