CONTRIBUTIONS FOR BUDGETED AMOUNTS Sample Clauses

CONTRIBUTIONS FOR BUDGETED AMOUNTS. By becoming a signatory, a member agency agrees to provide the Association with a total annual payment, based upon the school district’s, community college district’s, and public agency’s Average Daily Attendance, or the number of employees of the member county office of education, based on the current California Basic Educational Data System (CBEDS) data, and as set forth in the following fee schedule. DISTRICT ADA OR EMPLOYEES ANNUAL FEE A ten percent late fee will be charged after 90 days. The above fee schedule may be modified by a majority of the Board of Directors no more than once each fiscal year. Fee modification, if any, shall be determined no later than April 1. Any such modified fee schedule shall be become effective on July 1, following modification. This Agreement shall continue in effect as to each member unless written notification of cancellation of this Agreement is submitted to the Board not later than April 1 of any year.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
CONTRIBUTIONS FOR BUDGETED AMOUNTS. By becoming a signatory, a member agency agrees to provide the Association with a total annual payment, based upon the school district’s, community college district’s, and public agency’s Average Daily Attendance, or the number of employees of the member county office of education, based on the current California Basic Educational Data System (CBEDS) data, and as set forth in the following fee schedule. DISTRICT ADA OR EMPLOYEES ANNUAL FEE A ten percent late fee will be charged after 90 days. The above fee schedule may be modified by a majority of the Board of Directors no more than once each fiscal year. Fee modification, if any, shall be determined no later than April 1. Any such modified fee schedule shall be become effective on July 1, following modification. This Agreement shall continue in effect as to each member unless written notification of cancellation of this Agreement is submitted to the Board not later than April 1 of any year. In addition, JPA member Districts may acquire additional professional services such as professional development and mentoring at $175 per hour, facilitation of collective bargaining at $225 per hour.
Sample 1Sample 2

Related to CONTRIBUTIONS FOR BUDGETED AMOUNTS

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Capital Contributions Capital Accounts The capital contribution of the Sole Member is set forth on Annex A attached hereto. Except as required by applicable law, the Sole Member shall not at any time be required to make additional contributions of capital to the Company. The capital accounts of the members shall be adjusted for distributions and allocations made in accordance with Section 8.

  • Contribution Amounts The Sellers and the Underwriters agree that it would not be just or equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 8.7. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!