Common use of Distribution Pool Floor Clause in Contracts

Distribution Pool Floor. The Distribution Pool Floor is a calculated number that defines the lower limit of the Distribution Pool for fiscal years 2022, 2023 and 2024. For FY 22, the Distribution Pool Floor shall be 104.125% of the Distribution Pool Floor used for FY 21. In FY 23 the Distribution Pool Floor shall be 102.25% of the Distribution Pool Floor in FY 22. In FY 24 the Distribution Pool Floor shall be 102.7% of the Distribution Pool Floor used for FY 23.

Distribution Pool Floor. The Distribution Pool Floor is a calculated number that defines the lower limit of the Distribution Pool for fiscal years 2022, 2023 2020 and 20242021. For FY 2220, the Distribution Pool Floor shall be calculated by taking a “snapshot” on the first full payroll period in July 2017 of the totbSalaries and deducting base salaries of faculty on ABPs on that date. For FY 21 the distribution Pool Floor will be 104.125% of the Distribution Pool Floor used for FY 21. In FY 23 the Distribution Pool Floor shall be 102.25% of the Distribution Pool Floor in FY 22. In FY 24 the Distribution Pool Floor shall be 102.7% of the Distribution Pool Floor used for FY 2320.

Distribution Pool Floor. The Distribution Pool Floor is a calculated number that defines the lower limit of the Distribution Pool for fiscal years 2022, 2023 2023, 2024 and 20242025. For FY 22, the Distribution Pool Floor shall be 104.125% of the Distribution Pool Floor used for FY 21. In FY 23 the Distribution Pool Floor shall be 102.25% of the Distribution Pool Floor in FY 22. In FY 24 the Distribution Pool Floor shall be 102.7% of the Distribution Pool Floor used for FY 23. In FY 25 the Distribution Pool Floor shall be 102.925% of the Distribution Pool Floor used for FY 24.

Distribution Pool Floor. The Distribution Pool Floor is a calculated number that defines the lower limit of the Distribution Pool for fiscal years 2022, 2023 2023, and 2024, and FY 2025. For FY 22, the Distribution Pool Floor shall be 104.125% of the Distribution Pool Floor used for FY 21. In FY 23 the Distribution Pool Floor shall be 102.25% of the Distribution Pool Floor in FY 22. In FY 24 the Distribution Pool Floor shall be 102.7% of the Distribution Pool Floor used for FY 23. In FY 25 the Distribution Pool Floor shall be 102.925% of the Distribution Pool Floor used for FY 24.