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Distribution of Monies Sample Clauses

Distribution of Monies. (A) It is understood, and agreed, that the Union and its Members shall have the option of distributing any “To- tal Wage Package” as between wages, fringe benefits, vacation, training, etc. However, in no event shall the Health and Welfare contributions be more, or less, than the amount specified in the Collective Bargaining Agreements which contribute to the Oregon-Washing- ton Carpenters-Employers Health and Welfare Trust Fund. (B) A sixty-day notice is required to modify wage package allocations or to implement the additional monies. EFFECTIVE: JUNE 13, 2016 - MAY 31, 2017 Hourly Dues Vacation CLASSIFICATIONS Wage Deduction Deduction APPRENTICE WAGE SCALE *Welder Premium is 5% over scale ($1.75) Minimum of 8 hours per day. Note: 1) Overtime is paid using the Taxable Wage (Taxable Wage X Overtime Rate) then the taxable deductions (Dues and va- cations) are deducted. 2) Training Contributions are based on 1.7% of the Drywall 3) 1st and 2nd Period Apprentices do not receive a pension contribution or vacation deduction. 4) Utility Man (1st Year) receives no Retirement or Appren- ticeship Fund Benefits and no vacation deduction 5) Drywall / Lather / Taper Foremen, General Foremen and Superintendents are charged dues using the Journeyman wage rate
Distribution of Monies. Upon the occurrence of an insured loss, monies received will be deposited in a separate account and the trustees shall make distribution in accord with the agreement of the parties in interest. In the absence of such agreement, any dispute between the parties as to the distribution of the monies received shall be determined in accord with the provisions of ARTICLE 13.
Distribution of MoniesThe Union reserves the right to move monies within the wage package (Wages, RCD and health and welfare, etc.) without approval of the contractor Association, so long as no more than fifty percent (50%) of the total monetary increase is allocated to the benefit package. Fringe Benefits, Section 3, (insert) Paragraph 2
Distribution of Monies. (A) It is understood, and agreed, that the Union and its Members shall have the option of distributing any "Total Wage Package" as between wages, fringe benefits, vacation, training, etc. However, in no event shall the Health and Welfare contributions be more, or less, than the amount specified in the Collective Bargaining Agreements which contribute to the Oregon-Washington Carpenters-Employers Health and Welfare Trust Fund. (B) A sixty-day notice is required to modify wage package allocations or to implement the additional monies. CLASSIFICATIONS: Hourly Wage Dues Deduction Vacation Deduction *Welder Premium is 5% over scale Minimum of 8 hours per day. Note: 1) Overtime is paid using the Taxable Wage (Taxable Wage X Overtime Rate) then the taxable deductions (Dues and vacations) are deducted. 2) Training Contributions are based on 1.7% of the Drywall / Lather/ Taper Journeyman gross wages (Taxable + Fringe). 3) 1st and 2nd Period Apprentices do not receive a pension contribution or vacation deduction. 4) Utility Man (1st Year) receives no Retirement or Apprenticeship Fund Benefits and no vacation deduction 5) Drywall / Lather / Taper Foremen, General Foremen and Superintendents are charged dues using the Journeyman wage rate 6) Union deduction (deduct from net wage) 4% of the taxable Journeyman Dispatch Wage of the applicable classification J une 1, 2019, Increase 5.00% ($2.72) per hour for each classification, the increase will be applied to J une 1, 2020, Increase 5.00 % ($2.86) per hour for each classification, the increase will be applied t o the MLA wage and fringe benefits (total package). The distribution to be determined. J une 1, 2021, Economic Opener per hour for each classification, the increase will be applied to the M LA wage and fringe benefits (total package). The distribution to be determined. J une 1, 2022, Economic Opener per hour for each classification, the increase will be applied to the M LA wage and fringe benefits (total package). The distribution to be determined. J une 1, 2023, Economic Opener per hour for each classification, the increase will be applied to the M LA wage and fringe benefits (total package). The distribution to be determined.
Distribution of Monies. All monies realized by the Company on the disposition pursuant to Section 10.2 shall: 10.3.1 firstly, be used to satisfy all debts and liabilities of the Company; and 10.3.2 secondly, be distributed in the manner provided in Article 25.3 of the Articles.
Distribution of Monies. Unless otherwise mutually agreed by the Parties, any damages, amounts received in settlement, judgment or other monetary awards recovered by either Party pursuant to Section 9.4.2 or 9.4.3, whether by settlement or judgment (“Monies”), shall be allocated in the following order: First, (a) the Monies will be distributed first to the controlling Party for its costs and expenses incurred under Section 9.4.2 or 9.4.3, as applicable; and (b) the Monies will then be distributed to the other Party for its costs and expenses incurred under Section 9.4.3; and (c) the Monies remaining after (a) and (b) shall be deemed to be Net Sales and (i) if Jazz is the controlling Party, then (1) Jazz shall pay to ImmunoGen an amount equal to [***] of the royalty that would otherwise have been owed by Jazz to ImmunoGen pursuant to Section 6.4 on account of such Net Sales and (2) [***] or (ii) if ImmunoGen is the controlling Party, then (1) ImmunoGen will retain an amount equal to [***] of royalty that would otherwise have been owed by Jazz to ImmunoGen pursuant to Section 6.4 on account of such Net Sales and (2) [***].
Distribution of Monies. (A) It is understood, and agreed, that the Union and its Members shall have the option of distributing any "Total Wage Package" as between wages, fringe benefits, vacation, training, etc. However, in no event shall the Health and Welfare contributions be more, or less, than the amount specified in the Collective Bargaining Agreements which contribute to the Oregon-Washington Carpenters-Employers Health and Welfare Trust Fund. (B) A sixty-day notice is required to modify wage package allocations or to implement the additional monies. Counties covered by this agreement: Entire State of Oregon and for Washington State: Cowlitz, Xxxxx, Skamania, Klickitat, Wahkiakum and 1/2 Pacific Drywall/Lather/Taper $35.96 $1.44 $2.00 Xxxxxxx A $39.56 $1.44 $2.00 Xxxxxxx B $38.84 $1.44 $2.00 Utility Man (1st year) $17.98 $0.72 $0.00 Utility Man (after 12 months or 1,200 hours) $19.98 $0.80 $2.00 Health & Security $7.69 Retirement $6.82 Apprenticeship $0.87 Total $15.38
Distribution of Monies. (A) It is understood, and agreed, that the Union and its Members shall have the option of distributing any “To- tal Wage Package” as between wages, fringe benefits, vacation, training, etc. However, in no event shall the Health and Welfare contributions be more, or less, than the amount specified in the Collective Bargaining Agree- ments which contribute to the Oregon-Washington Car- penters-Employers Health and Welfare Trust Fund. (B) A sixty-day notice is required to modify wage package allocations or to implement the additional monies. CLASSIFICATIONS Wage Deduction Deduction APPRENTICE WAGE SCALE *Welder Premium is 5% over scale ($1.75) Minimum of 8 hours per day. Note: 1) Overtime is paid using the Taxable Wage (Taxable Wage X Over- time Rate) then the taxable deductions (Dues and vacations) are deducted. 2) Training Contributions are based on 1.7% of the Drywall / Lath- er/ Taper Journeyman gross wages (Taxable + Fringe). 3) 1st and 2nd Period Apprentices do not receive a pension contri- bution or vacation deduction. 4) Utility Man (1st Year) receives no Retirement or Apprenticeship Fund Benefits and no vacation deduction. 5) Drywall / Lather / Taper Foremen, General Xxxxxxx and Super- intendents are charged dues using the Journeyman wage rate. 6) Union deduction (deduct from net wage) 4% of the taxable Jour- xxxxxx Dispatch Wage of the applicable classification

Related to Distribution of Monies

  • Collection of Monies Except as otherwise expressly provided in this Agreement, the Trustee may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee pursuant to this Agreement. The Trustee shall hold all such money and property received by it as part of the Trust Fund and shall distribute it as provided in this Agreement. If the Trustee shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the Master Servicer, the Trustee shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Trustee shall subsequently receive any such amount, it may withdraw such request.

  • Application of Monies In the event that, during the continuance of any Default, the Administrative Agent or any Bank, as the case may be, receives any monies in connection with the enforcement of rights under the Loan Documents, such monies shall be distributed for application as follows: (a) First, to the payment of, or (as the case may be) the reimbursement of the Administrative Agent and the Banks for or in respect of all costs, expenses, disbursements, and losses that shall have been incurred or sustained by the Administrative Agent and the Banks in connection with the collection of such monies by the Administrative Agent or any such Banks, for the exercise, protection, or enforcement by the Administrative Agent or any such Banks of all or any of the rights, remedies, powers, and privileges of the Administrative Agent or any such Banks under this Credit Agreement or any of the other Loan Documents, or in support of any provision of adequate indemnity to the Administrative Agent or any such Banks against any taxes or Liens that by Government Mandate shall have, or may have, priority over the rights of the Administrative Agent or any such Banks to such monies; (b) Second, to all other Obligations in such order or preference as the Majority Banks may determine; provided, however, that distributions among Obligations owing to the Banks and the Administrative Agent with respect to each type of Obligation such as interest, principal, fees, and expenses, shall be made among the Banks and the Administrative Agent pro rata according to the respective amounts thereof; and provided, further, that the Administrative Agent may in its discretion make proper allowance to take into account any Obligations not then due and payable; and (c) Third, the excess, if any, shall be returned to the applicable Borrower or to such other Persons as are entitled thereto.

  • Collection of Moneys Except as otherwise expressly provided in this Agreement, the Trustee and the Paying Agent may demand payment or delivery of, and shall receive and collect, all money and other property payable to or receivable by the Trustee or the Paying Agent, as the case may be, pursuant to this Agreement. The Trustee or the Paying Agent, as the case may be, shall hold all such money and property received by it as part of the Trust and shall distribute it as provided in this Agreement. If the Trustee or the Paying Agent, as the case may be, shall not have timely received amounts to be remitted with respect to the Mortgage Loans from the Master Servicer, the Trustee or the Paying Agent, as the case may be, shall request the Master Servicer to make such distribution as promptly as practicable or legally permitted. If the Trustee or the Paying Agent, as the case may be, shall subsequently receive any such amount, it may withdraw such request.

  • Application of Moneys Collected Any moneys collected by the Trustee pursuant to this Article with respect to a particular series of Securities shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of principal (or premium, if any) or interest, upon presentation of the Securities of that series, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

  • Application of Moneys Received upon Sale Any moneys collected by the Trustee upon any sale made either under the power of sale given by this Agreement or otherwise for the enforcement of this Agreement shall be applied as provided in Section 4.02.

  • Application of Moneys Collected by Trustee Any moneys collected by the Trustee pursuant to this Article V shall be applied in the following order, at the date or dates fixed by the Trustee for the distribution of such moneys, upon presentation of the several Debentures in respect of which moneys have been collected, and stamping thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

  • Application of Moneys (a) Any moneys received by the Trustee for the benefit of Bondholders, by any receiver or by any Bondholder pursuant to any right given or action taken under the provisions of this Article XI, after payment of the costs and expenses of the proceedings resulting in the collection of such moneys and of the fees, expenses, liabilities and advances incurred or made by the Trustee (including without limitation reasonable fees and reasonable expenses of its attorneys), shall be deposited in the Revenue Fund and all moneys so deposited in the Revenue Fund during the continuance of an Event of Default shall be applied (i) first, to the payment to the persons entitled thereto of all installments of interest then due on the Bonds, with interest on overdue installments, if lawful, at the rate per annum borne by the Bonds, as the case may be, in the order of maturity of the installments of such interest (if the amount available for such interest installments shall not be sufficient to pay in full any particular installment of interest, then to the payment ratably, according to the amounts due on such installment), and if the amount available for such interest shall not be sufficient to make payment thereof, then to the payment thereof ratably according to the respective aggregate amounts due and (ii) second, to the payment to the persons entitled thereto of the unpaid principal, as applicable, of any of the Bonds which shall have become due with interest on such Bonds at their respective rate from the respective dates upon which they became due (if the amount available for such unpaid principal and interest shall not be sufficient to pay in full Bonds due on any particular date, together with such interest, then to the payment ratably, according to the amount of principal and interest due on such date, in each case to the persons entitled thereto, without any discrimination or privilege among Holders of Bonds), and, if the amount available for such principal and interest shall not be sufficient to make full payment thereof, then to the payment thereof ratably according to the respective aggregate amounts due. (b) Whenever moneys are to be applied pursuant to the provisions of this Section 11.10, such moneys shall be applied at such times, and from time to time, as the Trustee shall determine, having due regard to the amount of such moneys available for application and the likelihood of additional moneys becoming available for such application in the future. Whenever the Trustee shall apply such funds, it shall fix the date (which shall be an Interest Payment Date unless it shall deem another date more suitable) upon which such application is to be made and upon such date interest on the amounts to be paid on such date shall cease to accrue. The Trustee shall give notice of the deposit with it of any such moneys and of the fixing of any such date by Mail to all Bondholders and shall not be required to make payment to any Bondholder until such Bonds shall be presented to the Trustee for appropriate endorsement or for cancellation if fully paid.

  • Payment of Monies The parties acknowledge and agree that any payment of monies required to be made hereunder shall be made in Canadian funds and that any tender of monies or documents hereunder may be made upon the solicitors acting for the party upon whom the tender is desired and it shall be sufficient that a negotiable bank draft is tendered instead of cash.

  • Distribution of Materials You will keep an accurate record of the names and addresses of all persons to whom you give copies of the Registration Statement, the Prospectus, any Preliminary Prospectus (or any amendment or supplement thereto) or any Offering Circular or any Preliminary Offering Circular and, when furnished with any subsequent amendment to the Registration Statement, any subsequent Prospectus, any subsequent Offering Circular or any memorandum outlining changes in the Registration Statement or any Prospectus or Offering Circular, you will, upon request of the Manager, promptly forward copies thereof to such persons.

  • Application of Monies Collected by Trustee Any monies collected by the Trustee pursuant to this Article 6 with respect to the Notes shall be applied in the following order, at the date or dates fixed by the Trustee for the distribution of such monies, upon presentation of the several Notes, and stamping thereon the payment, if only partially paid, and upon surrender thereof, if fully paid: