Development Fund Sample Clauses

Development Fund. Employers shall pay a contribution to the education and training fund established between the central organisations that at present is DKK 0.45 per work hour. The contribution is collected as deter- mined by the central organisations. With effect from the first pay pe- riod after 1 January 2022, the amount will be increased to DKK 0.47 per work hour.

Development Fund. Clause 5 of the SCA shall be amended by adding the following new clause 5(7) :- “In the absence of any agreement to the contrary, CLP Power shall discharge its liabilities in respect of the balances in the Development Fund and the Rate Reduction Reserve after the expiry of this Agreement. Such agreement could include the handling and/or the continued maintenance of the balances in the Development Fund and/or the Rate Reduction Reserve after the expiry of this Agreement. In the absence of any agreement (whether under Clause 7(3) hereof or otherwise), the Government and the Companies will twelve months before the expiry of the current SCA (i.e. 30th September 2008) institute specific discussions regarding the way CLP Power shall discharge these liabilities.”

Development Fund. The Employer will deduct .25% from each Local 9705 employee’s monthly salary and forward to the local Union office following the end of each month.

Development Fund. The development fund of the Confederation of Danish Employers and the Danish Confederation of Trade Unions shall receive the amount fixed by the central organizations, which is presently DKK 0.40 per performed working hour. Effective from the first wage period after 1 January 2015, this amount will increase to DKK 0.42. The amount shall be collected in accordance with the stipulation of the central organizations.

Development Fund. A small Development Fund will be established to allow for growth, innovation and the further development of excellence in practice in future years. This will support our ambition to be a market leader in the areas of work included in our Agreement. It will provide an opportunity for staff across the university, for members of the Students Union and other partners to submit proposals for innovative development work to support the overall aims and objectives of the Agreement.

Development Fund. 200. Notwithstanding the repeal of the Sugar Industry Agreement, 1979, the Sugar Industry Development Fund established in terms of clause 61(1) of that Agreement for the purpose of promoting the development of sugar production and improving the overall economy of the Industry shall continue to exist and shall be administered by the South African Sugar Association in accordance with such directives or regulations as the South African Sugar Association may from time to time determine and the financing of that Fund shall be an industry obligation. 201. From 1 April 2018 to 30 September 2018, both days included and despite any other provision of this agreement:

Development Fund. Employers pay DKK 0.45 per working hour performed to the development fund set up by the main organisations (the Confederation of Danish Employers (DA) and the Confederation of Danish Trade Unions (LO)). As from 1 January 2022 the contribution is DKK 0.47 for each hour of work performed.

Development Fund. I Effective September a fund in the amount of forty thousand ($40,000) dollars is available annually to members of the Professional Support Staff employee group for the purpose of development.

Development Fund. The Board agrees to remit, annually, the sum of to the Local for the educational and professional development of its members. The amount referred to in Article shall be paid to the Local by September of each school year. The shall be empowered to make disbursements up to the limit of the transferred funds, and to issue cheques to individual members according to procedures and established by the Local, provided that such disbursements are not made to reimburse for courses that result in a change in salary for any teacher. Each year, Local shall forward to the Board an audited statement accounting for disbursements the including administrative ARTICLE NEWLY CREATED POSITIONS OF ADDED RESPONSIBILITY Should the Board create a new position of added responsibility to be filled by a teacher who would come under this collective agreement, the Local and the Board shall negotiate and reach an agreement on the salary and the allowances, if any, the duties, responsibilities, qualifications and other circumstances affecting the of the position, before an appointment is made. If no agreement is reached, the matter may be submitted to arbitration. The annual salary and allowances, if any, shall be payable from the effective date of the appointment. The Board shall post in every school a notice of every new position of added responsibility and every vacancy at least ten (10) school days before the position or vacancy is to be filled. All shall include the of the position, a job description, requisite experience, if any, qualifications, annual salary and applicable allowances, effective date and, if it is a temporary vacancy, the probable duration.

Development Fund. Pursuant to the MIDA Act, , including financing or refinancing, MIDA shall receive funds to pay for the development of land within the MRF Project Area, ongoing operation of the MRF, MIDA expenses, and the cost of acquisition, construction, maintenance, repair, or replacement of publicly owned land, infrastructure, or improvements (including without limitation, roads, streets, public utility infrastructure, trails, paths, parks, recreation facilities, playgrounds, open space, etc., and such publicly owned land, infrastructure, or improvements being referred to herein as the “Infrastructure”) within or outside the MRF Project Area. The collection, allocation, use, and disbursal of funds that are part of the Development Fund less ten percent (10%) to pay for MIDA’s administrative, overhead, legal, and other operating expenses, described in Subsection 10(a) below, which are generated from the Hideout Zone shall be governed by this S ection 10. (“Development Fund”). a. Monies for the Development Fund will come from the: i. 75% of the Property Tax Allocation generated in the Hideout Zone in accordance with the MIDA Act for the 25-year period in which the property tax allocation may be collected as the same may be extended in accordance with the MIDA Act (“Property Tax Allocation Period”); ii. point of sale portion of sales and use tax collected from the Hideout Zone, in accordance with the MIDA Act; and iii. resort communities tax collected from the Hideout Zone, as authorized by the MIDA Act. b. Under the MIDA Act, MIDA may use the sales and use tax and the resort communities’ tax in either the Municipal Services Revenue Fund or the Development Fund. Both Parties agree that given the significant infrastructure costs associated with providing a high-quality development within the Hideout Zone, both taxes will be part of the Development Fund during the Property Tax Allocation Period. Following the Property Tax Allocation Period, the proceeds from such taxes may, if agreed by the MIDA Executive Director and Hideout Mayor, be included in the Municipal Services Revenue Fund, and failing such agreement, shall be used and / or allocated as provided in the MIDA Act. c. Thirty percent (30%) of the contribution to the Development Fund generated from each property in the Hideout Zone shall be used, consistent with the MIDA Act, to the extent justified and approved by MIDA to assist the landowners in the development of Infrastructure that will assist the landowners in the...