Underpayments definition

Underpayments has the meaning given to such term in Section 3.6(c) hereof.

Underpayments means any payment made by Contractor under the Contract that, for any reason, (i) should have been paid but was not, or (ii) was less than what was required under the Contract.

Underpayments means any underpayment or non-payment of wages or applicable entitlements owing to an Employee in respect of the provision of Trolley Collection Services at a Woolworths Site on or after 1 July 2014, to the extent that there is a shortfall to the minimum wages prescribed in accordance with Commonwealth Workplace Laws or Fair Work Instruments (including underpayment or non-payment of overtime and penalty rates) which has been identified, substantiated and quantified to the reasonable satisfaction of Woolworths and the FWO by way of: the Woolworths auditing processes referred to in clause 7; the reporting processes referred to in clauses 8 or 9; or any other means.

Examples of Underpayments in a sentence

• Underpayments shall be calculated for the previous 24 months from the date the error is discovered or the date the employee notifies the District in writing, whichever is earlier.

• Underpayments and overpayments will bear interest at an annual effective interest rate of 3%.

• Underpayments shall be calculated and paid to the employee within the next two regularly scheduled payroll cycles Regardless of the length of time an underpayment has been ongoing, payroll will be corrected for all future salary payments.

• Underpayments shall be calculated and paid to the employee within the next two regularly scheduled payroll cycles.

• Underpayments shall be calculated and paid to the employee within the next two regularly scheduled payroll cycles regardless of the length of time an underpayment has been ongoing, payroll will be corrected for all future salary payments.

• Overpayments and Underpayments arising in connection with Parachute Payments appropriately determined pursuant to Section 3.8(a)(i) or Section 3.8(a)(ii) are governed by this Section 3.8(e).

• Section 506 of the Tax Extenders and Alternative Minimum Tax Relief Act of 2008 requires our firm, as tax return preparers, to conform to a higher standard than the taxpayer when an undisclosed tax position is related to a tax shelter as defined in IRC §6662(d)(2)(C)(ii), Imposition of Accuracy-Related Penalty on Underpayments, or a reportable transaction to which IRC §6662A, Imposition of Accuracy-Related Penalty on Understatements with Respect to Reportable Transactions, applies.

• Underpayments of employee compensation will be processed as soon as possible upon the District being informed of the underpayment.

• The Cash Manager shall ensure that all amounts debited from the Overpayments Ledger under paragraph 20(a)(ii) above shall be recorded on the Non-Flexible Underpayments Ledger.

• Underpayments will be made up in a lump sum with the next scheduled payment.

More Definitions of Underpayments

Underpayments means the total underpayments in operating expenses, real estate taxes and percentage rent made by tenants of the Property during the 1998 operating year.

Underpayments means any payment made by the ASB under the Contract that, for any reason, (i) should have been paid but was not, or (ii) was less than what was required under the Contract.

Underpayments or ‘UP’” means minor underpayments, being those with less than twenty-five dollars ($25.00) outstanding) of POA accounts receivable marked for write- off; and

Underpayments means any underpayment or non-payment of wages or entitlements owing to an Employee to the extent there is a shortfall of the minimum prescribed in accordance with Commonwealth Workplace Laws or Fair Work Instruments (including underpayment or non-payment of overtime and penalty rates) in relation to all periods worked prior to or during the period of this Deed which has been identified, substantiated and quantified to the reasonable satisfaction of 7-Eleven or the FWO by way of: