Financial Contract Opener Sample Clauses

Financial Contract Opener. In the event that legislation is passed that impacts the current structure for growth in levy extensions or General State Aid (GSA) allocations that negatively impact District resources or shifts the burden for pension payments to the Board, the YEA and the Board agree to meet to discuss ways in which the Agreement might be altered to meet the joint interests of the parties. In that event, this provision does not require either party to make concessions. Either party may make the request to meet. DATED: THIS 10TH DAY OF JUNE 2019. YORKVILLE EDUCATION BOARD OF EDUCATION ASSOCIATION YORKVILLE COMMUNITY UNIT SCHOOL DISTRICT NO. 115 YEA President Yorkville CUSD #115 Board President CUSTODIANS
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Financial Contract Opener. In the event that legislation is passed that impacts the current structure for growth in levy extensions or GSA allocations that negatively impact District resources or shifts the burden for pension payments to the Board, the YEA and the Board agree to meet to discuss ways in which the Agreement might be altered to meet the joint interests of the parties. In that event, this provision does not require either party to make concessions. Either party may make the request to meet. DATED: THIS 14th DAY OF DECEMBER, 2015. YORKVILLE EDUCATION BOARD OF EDUCATION ASSOCIATION XXXXXXXXX XXXXXXXXX XXXX XXXXXX XXXXXXXX XX. 000 YEA President Yorkville CUSD #115 Board President This page intentionally left blank. NON-CONTRACTUAL SIDE LETTER RE: PERFORMANCE BASED COMPENSATION MODEL A committee will be designed to create a Performance Based Compensation model to recognize staff. The committee will collaboratively research, design and plan the criteria for the creation of a performance based compensation framework. The proposed design will be presented to the Board of Education for the review in March, 2017. The parameters of the committee work will include the following:
Financial Contract Opener. In the event that legislation is passed that impacts the current structure for growth in levy extensions or General State Aid (GSA) allocations that negatively impact District resources or shifts the burden for pension payments to the Board, the YEA and the Board agree to meet to discuss ways in which the Agreement might be altered to meet the joint interests of the parties. In that event, this provision does not require either party to make concessions. Either party may make the request to meet. DATED: THIS 1OTH DAY OF JUNE 2019. YORKVILLE EDUCATION ASSOCIATION BOARD OF EDUCATION YORKVILLE COMMUNITY UNIT SCHOOL DISTRICT NO. 115 Revision: FINAL - June 10, 2019 19 CUSTODIANS

Related to Financial Contract Opener

  • Financial contribution Methods of payment

  • Financial Conditions Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of the Project and each Sub-project (including its cost and the benefits to be derived from it).

  • Financial Controls At all times, the Charter School shall maintain appropriate governance and managerial procedures and financial controls which procedures and controls shall include, but not be limited to: (1) commonly accepted accounting practices and the capacity to implement them (2) a checking account; (3) adequate payroll procedures; (4) procedures for the creation and review of monthly and quarterly financial reports, which procedures shall specifically identify the individual who will be responsible for preparing such financial reports in the following fiscal year; (5) internal control procedures for cash receipts, cash disbursements and purchases; and (6) maintenance of asset registers and financial procedures for grants in accordance with applicable state and federal law.

  • FINANCIAL CONTRIBUTIONS 10.1 The Financial Contribution of the CCG and the Council to any Pooled Fund or Non-Pooled Fund for the first Financial Year of operation of each Individual Scheme shall be as set out in the relevant Scheme Specification.

  • Financial Condition There shall have been no material adverse change, as determined by Bank, in the financial condition or business of Borrower, nor any material decline, as determined by Bank, in the market value of any collateral required hereunder or a substantial or material portion of the assets of Borrower.

  • FINANCIAL CONSIDERATION A. The College/University and the Facility shall each bear their own costs associated with this Agreement and no payment is required by either the College/University or the Facility to the other party, except that, where applicable, the Facility shall pay the tuition and other educational fees of students it places in the clinical experience program.

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