Alternative Assessment Method Sample Clauses

Alternative Assessment Method. A. Each member town’s share of Operating Costs for each fiscal year shall be determined based on the ratio which that member town’s Foundation Enrollment, calculated on the basis of the member town’s combined three-year rolling average of Foundation Enrollment for grades 9 – 12 for the member town, bears to the total Foundation Enrollment for all member towns in the District, calculated on the basis of a combined three-year rolling average of Foundation Enrollment for grades 9 – 12 for all member towns, provided that the ratio for each member town shall be not less than one percent (1%) and, to the extent that any member town’s ratio is less than one percent (1%) and is fixed at one percent (1%) for the purposes of this apportionment calculation, the remaining ninety-nine percent (99%) of (ii) and (iii) herein will be apportioned to the other member towns on the basis of the respective ratios that each member town’s Foundation Enrollment, calculated on the basis of the member town’s combined three-year rolling average of Foundation Enrollment for grades 9 – 12 for the member town, bears to the total Foundation Enrollment for all member towns in the District, calculated on the basis of a combined three-year rolling average of Foundation Enrollment for grades 9 – 12 for all member towns. The Foundation Enrollment for purposes of calculating apportionment of Operating Costs will be determined using figures reported to DESE by each member town on October 1 for the preceding three years. B. Use of the Alternative Assessment Method must be approved by all member towns in each fiscal year in which it is utilized.
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Alternative Assessment Method. If the Distributor receives notice from the Retailer under clause 6.12.14(b), the Distributor and the Retailer will negotiate in good faith to agree an alternative Assessment Method for the purposes of this section 20 having regard to the objective in clause 6.12.1(b).
Sample 1
Alternative Assessment Method. The Committee may exercise the option to propose the alternative assessment method outlined below to calculate allocations to towns. All towns must agree to using the alternative assessment method sent by the school committee through a vote at town meeting. (a) Through an amendment to the Agreement, approved by the Commissioner in 2018, the member towns and the District committed to a five-year pilot of developing and proposing an Alternative Assessment Method by creating an equal percentage assessment to each member town starting in FY19. In the pilot, the member towns’ combined operating, transportation, and capital/debt assessment shall be apportioned annually for the ensuing fiscal year by increasing each town’s prior fiscal year assessment by the percentage of the total District assessment increase. The initial base year for the assessment is FY18 averaged with the previous five (5) years. The pilot will continue through FY23. (b) Starting with the FY24 budget, a new Alternative Assessment Method will be used as follows: a. The statutory method is calculated, and the assessment percentage amount is determined for each of the six towns. b. If it is determined that any town’s assessment is 1.5% higher than the overall total percentage amount of assessments to the towns, then the amount over the 1.5% increase for each town will be calculated. c. The total amount over 1.5% will be redistributed to each town based on the census percentage from the five-year average of the March 1 enrollment to all member towns. (c) The use of the alternative assessment method must be approved by all towns on an annual basis per MGL c.71, Section 16B. (d) When using the Alternative Assessment Method, each town must meet its Minimum Required Local Contribution. If the equalized percentage assessment results in a member town(s) not meeting its Minimum Required Local Contribution, then the town(s) so affected shall have its assessment increased to the Minimum Required Local Contribution amount. The remaining towns shall have their assessment reduced in an equal percentage.
Sample 1

Related to Alternative Assessment Method

  • Civil Penalty Payment Method Xxxxxx shall pay the civil penalty by check, credit card, wire transfer, or portal, payable to CARB, using instructions provided separately by CARB in a Payment Transmittal Form. Xxxxxx is responsible for all payment processing fees. Payments shall be accompanied by the Payment Transmittal Form to ensure proper application. CARB shall deposit the civil penalty amount into the Air Pollution Control Fund for the purpose of carrying out CARB’s duties and functions to ensure the integrity of its air pollution control programs. Should payment instructions change, CARB will provide notice to Xxxxxx in accordance with Paragraph 12 (Notices).

  • Settlement Method Election Date The third Scheduled Trading Day immediately preceding the First Expiration Date.

  • Procurement Method Quality-Based Selection (b) Selection under a Fixed Budget

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • Alternative Tenders 12.1 Unless otherwise specified in the TDS, alternative Tenders shall not be considered.

  • Settlement Method Election Physical Settlement, Cash Settlement, or Net Share Settlement, at the election of Counterparty as set forth in a Settlement Notice that satisfies the Settlement Notice Requirements; provided that Physical Settlement shall apply (i) if no Settlement Method is validly selected, (ii) with respect to any Settlement Shares in respect of which Dealer is unable, in good faith and in its commercially reasonable discretion, to unwind its commercially reasonable hedge by the end of the Unwind Period (taking into account any Additional Transactions with overlapping “Unwind Periods” (as defined in the applicable Additional Confirmations)) (A) in a manner that, in the reasonable discretion of Dealer, based on advice of counsel, is consistent with the requirements for qualifying for the safe harbor provided by Rule 10b-18 under the Exchange Act (“Rule 10b-18”) or (B) in its commercially reasonable judgment, due to the occurrence of five or more Disrupted Days or to the lack of sufficient liquidity in the Shares on any Exchange Business Day during the Unwind Period, (iii) to any Termination Settlement Date (as defined under “Termination Settlement” in Paragraph 7(g) below) and (iv) if the Final Date is a Settlement Date other than as the result of a valid Settlement Notice, in respect of such Settlement Date; provided, further, that, if Physical Settlement applies under clause (ii) immediately above, Dealer shall provide written notice to Counterparty at least two Scheduled Trading Days prior to the applicable Settlement Date.

  • Notification of Disbursement Method Form Pursuant to the Project Agreement executed for this loan, there are two methods by which funds can be disbursed. The first method is for the Ohio Public Works Commission (OPWC) to pay vendors directly. The second method is for the Commission to reimburse the subdivision after project costs have been incurred and paid by the subdivision. For loans only, the OPWC needs to be formally notified in advance as to which method the subdivision plans to utilize. Please refer to the enclosure entitled "Notification of Disbursement Method" and the accompanying "Instructions for Declaring Official Intent". In deciding which method to use please consider the following: • Discuss your disbursement options and preferences with your Project Manager, Xxxxx Xxxxx, prior to making a selection. • Passing a Resolution of Intent for the entire loan amount doesn't do you any harm and can actually be beneficial in the event the Commission needs to reimburse the subdivision in the event of an overpayment. • At any point during the life of the project you can always have the OPWC pay contractors directly even if you have passed a Resolution. • If you need to pass a Resolution, we encourage subdivisions to do so as early as possible. At a minimum, a Resolution must be adopted no later than 60 days after the date of construction related project costs for which the subdivision will seek reimbursement from us.

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