Underpayments definition

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

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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%.

• The Company shall pay all such Underpayments to or for the benefit of the Executive.

• 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.

• Underpayments Management will rectify a significant underpayment on the employee's payroll warrant within three (3) calendar days, exclusive of Saturdays, Sundays, and legal holidays, after receipt by the Auditor-Controller of a written request from the affected employee's departmental payroll section.

• 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).

• 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.

• As a result of uncertainty in the application of Section 4999 of the Code at the time of the initial determination by the Accounting Firm hereunder, it is possible that Gross-Up Payments not made by the Company should have been made ("Underpayments") or that Gross-Up Payments will have been made by the Company which should not have been made ("Overpayments").

More Definitions of Underpayments

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 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 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:

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.