Payroll Payment definition
Examples of Payroll Payment in a sentence
The invoices submitted by the Seller above shall be settled pursuant to clause 3.2 and Schedule 10 or, to the extent not included in Schedule 10, in cleared funds by the Company no less than 2 Business Days before the relevant Payroll Payment Date.
Notwithstanding anything contained herein to the contrary, the Payroll Payment will be included and taken into account in connection with the calculation of Working Capital.
The Buyer shall cause the Company and the ▇▇▇▇▇▇ Subsidiaries (as applicable) to distribute to each such employee (on behalf of CSI and its subsidiaries, as applicable) not later than such Payroll Payment Date the Initial Payroll Payment payable to such employee.
Schedule 4.3(a) sets forth the line items included in the Payroll Payment and provides an example of the amounts, calculated in accordance with Brazilian Generally Accepted Accounting Principles, as of September 30, 2010.
As used in this Agreement, the term "Payroll Payment Period" shall mean the period commencing on a payroll payment date of the Company and terminating on the day immediately preceding such payroll payment date.
If Seller’s actual cost of the items described in Section 5(a) for any payroll date differ from the Advance Payroll Payment funded by Purchaser, Seller and Purchaser will promptly reconcile for such difference by payment to one another within 10 days after such payroll date.
In addition, Company shall, on each of its customary payroll payment dates until September 30, 2000, pay to Employee a sum equal to the bonuses as calculated in paragraph 5.01 for "Gross Margins Attributable to Employee" (as herein defined) of the Company during the Payroll Payment Period terminating on the day immediately preceding such payroll payment date.
You represent and warrant to Intuit that: (i) you have received authorization from each person or entity to allow you to make Payroll Payments and/or any necessary adjustments to their account(s), as appropriate, (ii) at the time any Payroll Payment is made you have no knowledge that the authorization has been revoked or terminated, and (iii) your Payroll Payments comply with applicable laws.
FSC shall prepare payroll checks issued on the Payroll Account, each check to be dated the Payroll Payment Date, and ship the checks to the appropriate Store or other facility for receipt at the Store or other facility on the Payroll Payment Date.
At the Closing, the Purchaser shall, by wire transfer of immediately available funds, wire $2,362,210.90 (the “Special Payroll Amount”) to ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP who the Seller Representative will cause to hold such amounts until it receives the required wire instructions from ADP, and upon receipt of such wire instructions, the Seller Representative shall cause ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP to then immediately wire the Special Payroll Payment Amount to ADP for processing the related payments.