Payroll Accounts means depository accounts used only for payroll.
Payroll Accounts means accounts #670-0000000, #670-1771913 and #670-1771816 maintained by the Company at The Bank of New York, which accounts are used solely to fund the Company’s payroll and payroll-related expenses and Cafeteria Benefit Plan.
Payroll Accounts deposit accounts maintained in the ordinary course of business by the Borrower or any of its Subsidiaries for the purpose of paying payroll and related benefit costs and remitting withholding and other payroll taxes and costs.
Examples of Payroll Accounts in a sentence
Payroll Accounts The net salaries of all employees of the School were deposited in the Payroll Account.
Charges & Fees relating to Payroll Accounts will be realized as per agreement signed with the respective corporate clients.
Checks are written on Payroll, Accounts Payable, General Liability, and Worker's Compensation accounts.
The main functions concerning employees are Payroll, Accounts Payable, and Finances including budgeting and petty cash reimbursements.
Fees & Charges relating to Payroll Accounts will be rearranged as per company profile, scope of business and agreement signed with the respective corporate clients for Employee Banking.
More Definitions of Payroll Accounts
Payroll Accounts means any deposit account of Borrower designated as a payroll account used exclusively for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of Borrower’s employees and set forth on the Schedule hereto.
Payroll Accounts as defined in Section 3.5.1(b). Person - an individual, corporation, partnership, limited liability company, association, trust or other entity or organization, including a government or political subdivision or an agency or instrumentality thereof.
Payroll Accounts means deposit accounts of Borrower and the Guarantors maintained with banks located in the State of New Mexico for the sole purpose of facilitating the payment of employees of Borrower and the Guarantors.
Payroll Accounts has the meaning specified in Section 6.4(a).
Payroll Accounts means, collectively, the Imprest/Payroll Accounts that are identified as payroll accounts in Exhibit P. ---------
Payroll Accounts means each of accounts #77651-60463, #37518-93521, #37518-93547, #35718-93534 and 32990-21297 maintained by the Borrowers at Bank of America, N.A., and any other account of any Borrower maintained for the purpose of making any payroll disbursements.
Payroll Accounts means any deposit accounts exclusively used for payroll, payroll taxes and, in Agent’s discretion, other employee wage and benefit payments to or for the benefit of a Credit Party’s employees and identified to Agent by Xxxxxxxx as such and provided, that the aggregate balance in such Payroll Accounts does not exceed the amount necessary to make the immediately succeeding payroll, payroll tax or benefit payment (or such minimum amount as may be required by any requirement of Law with respect to such accounts).