ENTITLEMENT MONIES Sample Clauses

ENTITLEMENT MONIES. (a) Canada, Saskatchewan and the Band agree that the total Entitlement Monies, including the Equity Payment and Mineral Payment of the Band, is $10,243,452.00. (b) The parties acknowledge and agree that $7,170,416.00 of the Entitlement Monies referred to in subsection 3.01(a) shall, subject to the terms hereof (including, without limitation, subsections 3.01(d) and (e) and section 10.01) be paid by Canada to the Treaty Land Entitlement (Saskatchewan) Fund and shall thereafter be deposited by Canada into the Trust Account as follows: (i) $2,390,140.00 (representing the first two (2) of a total of six (6) equal payments) within thirty (30) days of the Execution Date; and (ii) $1,195,069.00 on or before June 30th in each of the succeeding four (4) years. (iii) Canada may, in Canada’s sole discretion, pay or deposit Entitlement Monies into the Trust Account any or all Entitlement Monies not yet paid or deposited to the Trust Account at any time or times prior to those set out in subsections 3.01(b)(i) and 3.01(b)(ii), and Canada will provide thirty (30) days written notice prior to making any such early payment or deposit. (c) The parties acknowledge and agree that the remaining balance of the Entitlement Monies referred to in subsection 3.01(a) (being the sum of $3,073,036.00) shall be paid to Canada by Saskatchewan to the Treaty Land Entitlement (Saskatchewan) Fund in accordance with section 3.06 and, subject to receipt thereof by Canada, shall thereafter be deposited by Canada into the Trust Account as follows: (i) $512,172.65 within forty-five (45) days of the Execution Date; and (ii) $512,172.67 on or before July 15 in each of the succeeding five (5) years. (d) Canada shall not be obligated to deposit any Entitlement Monies pursuant to section 3.01 and section 3.02 of this Agreement unless the Band, the Trustees and an Institution have established the Trust, executed the Trust Agreement and opened the Trust Account; and (e) Canada shall not be obligated to deposit any Entitlement Monies pursuant to section 3.01 and section 3.02 of this Agreement unless the Band provides Canada with a Band Council Resolution, which directs Canada to pay Entitlement Monies to the Trust Account, and which provides sufficient information for Canada to confirm the existence of the Trust Account and deposit Entitlement Monies to the Trust Account.
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ENTITLEMENT MONIES. 3.01 EQUITY PAYMENT: (a) Canada and Saskatchewan each agree that they shall, in accordance with the provisions of this Article and in their respective cost sharing ratios as set forth in Article 2 of the Amended Cost Sharing Agreement, cause to be paid to the Treaty Land Entitlement (Saskatchewan) Fund, in respect of each Entitlement Band, an amount (the "Equity Payment") equal to the product obtained by multiplying the Equity Quantum of such Entitlement Band by the sum of Two Hundred and Sixty-two Dollars and Nineteen ($262.
ENTITLEMENT MONIES. Canada and the Band agree that the Entitlement Monies of the Band is the sum of Seven Million Nine Hundred Sixty-Three Thousand Nine Hundred and Ninety-Three ($7,963,993.00) Dollars.
ENTITLEMENT MONIES. (a) Canada, Saskatchewan and the Band agree that the total Entitlement Monies of the Band is Twenty-One Million Three Hundred Ninety-Three Thousand Five Hundred and Sixty-Four Dollars ($21,393,564.00). (b) The parties acknowledge and agree that the Entitlement Monies referred to in subsection 3.01(a) shall be paid to the Band and deposited by Canada into the Trust Account as follows: (i) Five Million Three Hundred and Six Thousand Seven Hundred and Eighty-Six Dollars ($5,306,786.00), within thirty (30) days of the Execution Date; (ii) One Million Five Hundred and One Thousand Seven Hundred and Ten Dollars ($1,501,710.00) on or before June 30 in each of the succeeding ten (10) years beginning June 30, 1996; and

Related to ENTITLEMENT MONIES

  • Leave Entitlement An eligible employee is entitled to take up to a total of twelve (12) 41 work weeks of FMLA leave in a 12-month period, to be measured backwards from the 42 commencement date the employee uses FMLA leave. An eligible employee taking leave 43 under Article 12.02(10)(b) shall be permitted to take up to 26 work weeks of leave in a 44 12-month period.

  • Leave Entitlements (a) A sessional practitioner shall be entitled to pro rata leave entitlements (excluding paid overseas study leave) in the same ratio as the number of sessions allocated bears to 10. If during any qualifying period the number of sessions allocated to a sessional practitioner varies, the number shall be averaged over the qualifying period. (b) A sessional practitioner shall be entitled to paid public holidays in accordance with Clause 31 – Public Holidays if the public holidays occur on a day on which a session is normally worked. If a sessional practitioner is required to work on a public holiday the provisions of Clause 28(6) shall apply.

  • Entitlement to payment An employee shall be entitled to payment by the employer for ordinary time lost through inclement weather for up to 32 hours in every four weeks. For the purpose of this sub- clause the following conditions shall apply: 24.12.1 The first period shall be deemed to commence on 11 January 1999 and subsequent periods shall commence at four weekly periods thereafter. 24.12.2 An employee shall be credited with 32 hours at the commencement of each four weekly period. 24.12.3 The number of hours at the credit of any employee at any time shall not exceed 32 hours. 24.12.4 If an employee commences employment during a four weekly period the employee shall be credited 32 hours where the employee commences on any working day within the first week; 24 hours where the employee commences on any working day within the second week; 16 hours where the employee commences on any working day within the third week; and 8 hours where the employee commences on any working day within the fourth week. 24.12.5 No employee shall be entitled to receive more than 32 hours inclement weather payment in any period of four weeks. 24.12.6 The number of hours credited to any employee under this clause shall be reduced by the number of hours for which payment is made in respect of lost time through inclement weather. 24.12.7 Payment under this clause shall be weekly. 24.12.8 Provided further and subject to 30.9.4 hereof, an employee working on a part-time basis pursuant to the award shall be entitled to payment on a pro-rata basis according to the number of ordinary hours agreed to be worked in the four week period. The method of calculation of a part-time daily hire employee’s proportionate entitlement shall be as follows:

  • Entitlement For the purpose of calculating six days per calendar year, one day shall be considered to be one day regardless of the regularly scheduled workday. Calculation for part-time employees and partial days will be on a prorated basis.

  • Entitlement to Benefits Notwithstanding the other provisions of this Agreement, a benefit under this Agreement shall not be granted in respect of an item of income if it is reasonable to conclude, having regard to all relevant facts and circumstances, that obtaining that benefit was one of the principal purposes of any arrangement or transaction that resulted directly or indirectly in that benefit, unless it is established that granting that benefit in these circumstances would be in accordance with the object and purpose of the relevant provisions of this Agreement.

  • Overtime Entitlement (a) An employee will be entitled to compensation for authorized overtime in excess of: (1) the scheduled daily hours; or (2) the maximum daily hours for those employees on flextime; or (3) the agreed averaging period. (b) For the purposes of calculating the hourly rate for overtime, an employee's biweekly rate shall be divided by 70. (c) Overtime shall be compensated in 30-minute increments; however, employees shall not be entitled to any compensation for periods of overtime of less than five minutes per day.

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