Determination and Payment of Funds Sample Clauses

Determination and Payment of Funds. Determination of Funds Subject to the conditions and limitations set out in this VET Funding Contract, the Department will pay the Training Provider Contact Hour Funds for scheduled hours of training and assessment reported in relation to Eligible Individuals. The Contact Hour Funds are calculated by multiplying: the number of scheduled hours of training and assessment reported by the Training Provider under this Schedule 1 as having been delivered, or to be delivered, to Eligible Individuals; and the applicable hourly rate per scheduled hour as identified in Clause 13.3 of this Schedule 1. The Department is not liable to make payment of Funds for Training Services delivered to Eligible Individuals except for currently endorsed courses and qualifications as identified on the Funded Courses Report as published on the SVTS and which are on the Training Provider’s Funded Scope. For the avoidance of doubt, payment of Funds will only be made where the Course Commencement Date for the relevant course or qualification: falls within the “Effective for CCD from” and “Effective for CCD to” dates for the course as identified in the Training Provider’s Funded Scope; and falls within the “Effective for CCD from” and “Effective for CCD to” dates for the course as identified in the Funded Courses Report. The hourly rate per scheduled hour is the rate specified in either the ‘Subsidy’ or ‘RPL Subsidy’ field (as applicable) of the Funded Courses Report as published on the SVTS from time to time in respect of the applicable payment year, Course Commencement Date and Enrolment Type (non-Apprenticeship/Traineeship, Traineeship or Apprenticeship), as adjusted (if applicable) as follows: by a student loading being any combination of the following: for Eligible Individuals who self-identify as being of Aboriginal or Xxxxxx Xxxxxx Islander descent (and are reported as such through the “Indigenous Student Identifier” field of the Student Statistical Report) by multiplying the ‘Subsidy’ or ‘RPL Subsidy’ for the course by 1.5; and for Eligible Individuals aged 15-19 years as at 1 January in the year of commencement of training without a senior secondary certificate or an accredited qualification at AQF level II or above, and eligible for a concession in accordance with Clauses 3.7 and 3.8 of the Guidelines about Fees, by multiplying the ‘Subsidy’ or ‘RPL Subsidy’ for the course (or, if a student loading has already been applied under Clause 13.3(a)(i) of this Schedule 1, the amount ...
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Determination and Payment of Funds. 18.8 Payment of the Fee Waiver Contribution to the Training Provider in respect of a Skills First Student to whom a Fee Waiver is granted under this Clause 18 will be made monthly in arrears on the basis of Student Statistical Reports submitted by the Training Provider to the Department in accordance with this Contract, using the methodology described in Clause 11.8(a) of this Schedule 1.
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Determination and Payment of Funds. Payment of the Fee Waiver Contribution to the Training Provider in respect of a Skills First Student to whom a Fee Waiver is granted under this Clause 18 will be made monthly in arrears on the basis of Student Statistical Reports submitted by the Training Provider to the Department in accordance with this Contract, using the methodology described in Clause 11.8(a) of this Schedule 1. 1 Training on a ‘full-time basis’ has the meaning given in Ministerial Order No. 705, that is: a course of education or training considered to be full-time by the provider of the education or training; or an average of at least 25 hours per week, subject to the following provisions: when computing the 25 hours, the time spent by the child in travelling to and from an education institution or employer is to be excluded; and normal term and public holidays of an education institution and recreation leave and other leave entitlements if the student is in employment are excluded when calculating the average number of hours spent in education, training and employment per week. 2 ‘completed Year 10’ has the meaning given in Ministerial Order No. 705, that is: the completion of a program of study at a registered school or as part of registered home schooling in Victoria that would ordinarily entitle the student to progress to a senior secondary course; the completion of a nationally recognised VET course as equivalent to Certificate I or above;the completion of a program of study undertaken in another State, Territory or country which is equivalent to a program of study in Victoria that would ordinarily entitle the student to progress to a senior secondary course; or the completion of education in any special, similar or other circumstances approved by the Secretary.
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Determination and Payment of Funds. 23.7 Payment of the Fee Waiver/Exemption Contribution to the Training Provider in respect of an Eligible Individual to whom a fee waiver/exemption has been applied under this Clause 23 will be made monthly in arrears on the basis of Student Statistical Reports submitted by the Training Provider to the Department in accordance with this VET Funding Contract.
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Determination and Payment of Funds. Payment of the Fee Waiver/Exemption Contribution to the Training Provider in respect of an Eligible Individual to whom a fee waiver/exemption has been applied under this Clause 23 will be made monthly in arrears on the basis of Student Statistical Reports submitted by the Training Provider to the Department in accordance with this VET Funding Contract. The Department will calculate the payment amount for training delivered under this Clause 23 using the methodology as described in Clause 13.33 (a) of this Schedule 1. Delivery of Training to Support the 10-year Industry Plan for Family Violence prevention and response Purpose This Clause 24 sets out eligibility exemptions and reporting requirements with respect to delivery of training to support the Victorian Government’s 10-year Industry Plan for family violence prevention and response. Eligibility Exemptions for ‘22510VIC – Course in identifying and responding to family violence risk’ The ‘22510VIC – Course in identifying and responding to family violence risk’ is aimed at both existing professionals potentially delivered as stand-alone training, and pre-service students for inclusion as part of a broader community service related qualification. Under this Clause 24, the Training Provider may exempt an individual seeking to enrol in the ‘22510VIC – Course in identifying and responding to family violence risk’ from the following eligibility requirements: ‘upskilling’ (Clause 2.2(c)(v) of this Schedule 1); ‘two in a year‘ (Clause 2.3(a) of this Schedule 1)’ ‘two at a time’ (Clause 2.3(b) of this Schedule1); and / or ‘two “courses in…” in a lifetime’ (Clause 2.3(d) of this Schedule 1). Impact of commencing or completing ‘22510VIC – Course in identifying and responding to family violence risk’ on an Eligible Individual’s Future Entitlement to Funded Training As part of the Pre-Training Review, and prior to the commencement of training, the Training Provider must advise an Eligible Individual that commencement in, or completion of, the ‘22510VIC – Course in identifying and responding to family violence risk’ under this Clause 24 will not impact their future Entitlement to Funded Training and will not be taken into account when assessing: any of the previous highest qualifications held by that individual (‘upskilling’ - Clause 2.2(c)(v) of this Schedule 1); the course maximum for the purposes of the ‘two in a year’ limit and the ‘two at a time’ limit (Clauses 2.3 (a) and (b) of this Schedule 1); and/or the cour...
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Determination and Payment of Funds 
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Related to Determination and Payment of Funds

  • Payment of Funds No federal appropriated funds have been paid or will be paid by or on behalf of the parties to any person for influencing or attempting to influence an officer or employee of any federal agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with the awarding of any federal contract, the making of any federal grant, the making of any federal loan, the entering into of any cooperative agreement, and the extension, continuation, renewal, amendment, or modification of any federal contract, grant, loan, or cooperative agreement.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Compensation and Payment 3.1 Contractor’s fees shall be calculated at the rates set forth in the attached Exhibit

  • Settlement Funding and Payments Section 5.1 Class Workweeks and Aggrieved Employee Pay Periods. Based on a review of its records, at mediation Baxalta estimated there were 1,126 Class Members who collectively worked a total of 134,315 Workweeks, and 1,124 Aggrieved Employees who worked a total of 56,600 PAGA Pay Periods.

  • Repayment of Funds An employee will pay no penalties, fees or interest as a result of the overpayment. In the event the employee elects to repay the alleged overpaid funds, the employee shall have the right to select one of the three following options for the repayment of the funds:

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