Community Benefits formula Sample Clauses

Community Benefits formula. (a) The Parties agree that: (i) if an agreement is made under Division 3 of Part 4 of the Act in relation to a Land Use Activity described in item 1 of this Schedule; and (ii) that agreement provides that Community Benefits are to be provided to the Corporation; then the State will provide Community Benefits to the Corporation in accordance with the table in item 4 of this Schedule.
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Community Benefits formula. (a) The Parties agree that each formula specified in the right hand column of the table below applies to the corresponding Land Use Activity specified in the left hand column. Commercial Leases for more than 10 and up to and including 21 years (excluding Major Public Works) Major Public Works (including Infrastructure undertaken by a Utility) Commercial Licences and Commercial Permits for more than 10 years Agriculture Leases covering 40 hectares or more, including Leases for plantations and aquaculture Formula A Formula A (where a Lease, Licence or Permit applies) Formula B Formula A Formula A Community Purpose Leases for more than 21 years Formula A New Timber Release Plans Formula C The grant of an estate in fee simple other than a grant pursuant to s 14 or s 19 of the Traditional Owner Xxxxxxxxxx Xxx 0000 (Vic) or a grant made for the purpose of a project that is for a public purpose. Commercial Leases more than 21 years (excluding Major Public Works) Major works and/or clearing of land for Commercial Purposes (where a Public Land Authorisation is not required, and excluding Major Public Works) Formula D Formula E Formula F
Community Benefits formula. The Parties agree that each formula specified in the right hand column of the table below applies to the corresponding Land Use Activity specified in the left hand column. Commercial Leases for more than 10 and up to and including 21 years (excluding Major Public Works) Formula A Major Public Works (including Infrastructure undertaken by a Utility) Formula A (where a Lease, Licence or Permit applies) Formula B Commercial Licences and Commercial Permits for more than 10 years Formula A Agriculture Leases covering 40 hectares or more, including Leases for plantations and aquaculture Formula A Community Purpose Leases for more than 21 years Formula A New Timber Release Plans Formula C The grant of an estate in fee simple, other than a grant: (a) pursuant to s 19 of the Act; (b) made to facilitate a project that is for a public purpose; or (c) transfer or vesting made pursuant to s 22A of the Land Xxx 0000 (Vic). Formula D Commercial Leases more than 21 years (excluding Major Public Works) Formula E Major Works and/or clearing of land for Commercial Purposes (where a Public Land Authorisation is not required, and excluding Major Public Works) Formula F ACRONYMS: Rental Received (RR) ($ amount of RR12in $0 - $20,000 * 25 %) + PLUS GST Note: The Corporation will also be entitled to reimbursement of reasonable negotiation costs (as prescribed by regulation)23 ACRONYMS: Unimproved Market Value (UMV) Community Benefits = ($ amount of UMV14in $0 - $100,000 * 25 %) + PLUS GST Note: The Corporation will also be entitled to reimbursement of reasonable negotiation costs (as prescribed by regulation)25 adjusted area harvested2 covered by LUAA3 in that year ($ TO group share of Dividend4 in $0 - $20,000 * 25 %) + ($TO group share of Dividend4 in $20,001 - $100,000 * 10 %) Dividend 1 * * + ($TO group share of Dividend4 in $100,001 - $500,000 * 5 %) Total adjusted area harvested2 by + ($TO group share of Dividend4 in $500,001 – $1,000,000 * 2.5 %) + ($TO group share of Dividend4 above $1,000,001 * 0.5 %) PLUS GST Note: The Corporation will also be entitled to reimbursement of reasonable negotiation costs (as prescribed by regulation)5 ____________________________________
Community Benefits formula. The Parties agree that each formula specified in the right hand column of the table below applies to the corresponding Land Use Activity specified in the left hand column. Commercial Leases for more than 10 and up to and including 21 years (excluding Major Public Works) Major Public Works (including Infrastructure undertaken by a Utility) Commercial Licences and Commercial Permits for more than 10 years Agriculture Leases covering 40 hectares or more, including Leases for plantations and aquaculture Formula A Formula A (where a Lease, Licence or Permit applies) Formula B Formula A Formula A Community Purpose Leases for more than 21 years Formula A New Timber Release Plans Formula C The grant of an estate in fee simple, other than a grant: (a) pursuant to s 19 of the Act; (b) made to facilitate a project that is for a public purpose; or (c) transfer or vesting made pursuant to s 22A of the Land Act 1958 (Vic). Commercial Leases more than 21 years (excluding Major Public Works) Major Works and/or clearing of land for Commercial Purposes (where a Public Land Authorisation is not required, and excluding Major Public Works) Formula D Formula E Formula F Land Use Activity Agreement Schedule 7Community Benefits

Related to Community Benefits formula

  • Community Benefits 31.1. The potential to take in to account social considerations (also referred to as Community Benefits) in public procurement is firmly established and set out in European Directive 2014/24/EU, the Public Contracts (Scotland) Regulations 2015 (“the Regulations”) and European case law. 31.2. The Authority is interested in measures that the Contractor proposes to take to encourage:  The targeted recruitment and training of the long-term unemployed and those further from the job market (by way of apprenticeships, work placements etc.);  Educational benefits to communities, including working closely with educational establishments and community groups to maximise educational opportunities that arise through performance of the agreement, increase awareness, skills and digital accessibility;  Awareness of opportunities, either in a prime or a sub-contracting role, for small to medium (SME) sized businesses and social enterprises. This should include opportunities for organisations with expertise in: o Provision of the requirement o Service delivery o Hyper-Scale Public Cloud

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows: (a) The Manager shall (i) receive an annual cash base salary, payable not less frequently than semi-monthly, which is not less than the annualized cash base salary payable to Manager as of the Effective Date; (ii) be entitled to at least as favorable annual incentive award opportunity under the Company's annual incentive compensation plan as he did in the calendar year immediately prior to the year in which the Change of Control Event occurs; and (iii) be eligible to participate in all of the Company's long-term incentive compensation plans and programs on terms that are at least as favorable to the Manager as provided to the Manager in the four calendar years prior to the Effective Date. (b) The Manager shall be entitled to receive fringe benefits, employee benefits, and perquisites (including, but not limited to, vacation, medical, disability, dental, and life insurance benefits) which are at least as favorable to those made generally available as of the Effective Date to all of the Company's salaried managers as a group. In addition, the Manager shall be eligible to participate in the Company's Supplemental Retirement Income Program ("SRIP"). (c) Notwithstanding any other provision of this Agreement (whether in this Section 4, in Section 6, or elsewhere), (i) the Board of Directors may authorize an increase in the amount, duration, and nature of and/or the acceleration of any compensation or benefits payable under this Agreement, as well as waive or reduce the requirements for entitlement thereto and (ii) the Company may deduct from amounts otherwise payable to the Manager such amounts as it reasonably believes it is required to withhold for the payment of federal, state, and local taxes.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • City Benefits The Contractor shall not be entitled to any of the benefits established for the employees of the City nor be covered by the Worker's Compensation Program of the City.

  • Death Benefits Upon the Executive’s death during the Contract Period, the Executive’s estate shall not be entitled to any further benefits under this Agreement.

  • Eligibility for Benefits 1. Sick Leave Bank benefits are available only when the member personally has a severe medical hardship (catastrophic illness or serious accident). 2. Benefits can be received only after all accumulated sick leave and vacation days have been exhausted. 3. Any member receiving Worker's Compensation or disability benefits shall not be eligible to receive benefits from the Sick Leave Bank. 4. A member who is on leave of absence, suspended, or terminated from the Xxxxxxx County Board of Education shall not be eligible for Sick Leave Bank benefits. 5. The form, entitled "Request For Sick Leave Benefits" and physician's statement are required before the SLB Review Committee will consider a request for benefits. The physician's statement shall include a history of the illness, date the illness began, a diagnosis and prognosis, and any other related information. 6. Approval by the Sick Leave Bank Review Committee is required prior to the receiving of benefits. 7. Normal pregnancies, childbirth, childcare, or child adoption shall not be considered as eligible reasons for Sick Leave Bank benefits. 8. A four (4)-member Sick Leave Bank Review Committee, consisting of two (2) members appointed by the President of the Association and two (2) appointed by the Superintendent, shall have the responsibility of receiving requests, verifying the validity of requests and approval or denial of requests. Any approval of a request must have the support of at least three (3) members of the committee Sick Leave Bank Review Committee. The Sick Leave Bank Review Committee shall develop its rules of procedure and shall give wide distribution to said rules upon approval of the President of the Association and the Superintendent.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree. 2. A surviving eligible retiree who qualifies for a monthly retirement allowance who was married to a retiree who was also eligible for a Grant shall receive the survivor benefit described in D.1., above, or his or her own Grant, whichever is greater. Such retiree shall not be eligible for both Grants.

  • Application for Benefits Requests for short-term leaves shall be in writing, upon the appropriate form prescribed and provided by the District, and shall be filed with the unit member's supervisor and the appropriate manager five (5) days in advance of the intended leave (except in emergency situations), unless otherwise stated by the provisions of the specific leave.

  • Disability Benefits Technology Errors and Omissions Not less than $1,000,000 each claim Not less than $2,000,000 in aggregate At the time of the first transaction with an Authorized User and updated in accordance with Contract Crime Insurance Not less than $50,000 Commercial General Liability Not less than $5,000,000 each occurrence Updated in accordance with Contract General Aggregate $2,000,000 Products – Completed Operations Aggregate $2,000,000 Personal and Advertising Injury $1,000,000 Business Automobile Liability Insurance Not less than $5,000,000 each occurrence

  • Plan Benefits Each year, prior to the annual enrollment period, EMPLOYEES will receive Enrollment information that will outline the benefits offered next calendar year. Information relative to specific health insurance benefits and limitations will be updated regularly and contained in the SPD. In the event there is a conflict between the provisions of the collective bargaining agreement and the SPD, the District's SPD shall control.

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