Payroll Payment Date definition

Payroll Payment Date means the date on which MetLife Group employees utilized or provided by MSS are paid in respect of a Payroll Period.

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Payroll Payment Date means each date that Borrower makes payroll payments, on a bi-weekly basis, to the majority of Borrower’s employees and contractors in the Ordinary Course of Business and consistent with Borrower’s historic practices.

Payroll Payment Date for a month, means the fifteenth day of the month;

Examples of Payroll Payment Date 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.

• 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.

• 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.

More Definitions of Payroll Payment Date

Payroll Payment Date means each of the dates specified as a Payroll Payment Date on the Client Information Schedule.