HOME FUNDING Sample Clauses

HOME FUNDING. For employees of the Employer whose home Local Union is different than the Local Union in the area in which they are working for the Employer, the undersigned Employer shall not be required to contribute for each hour worked into the Fringe Benefit Funds identified in the Local Agreement. For each hour worked by these out-of-area employees, the Employer shall make contributions to the Fringe Benefit Funds identified in the member’s home area Local Union Master Labor Agreement. The Employer agrees to be bound to the Trust Agreements for all Fringe Benefit Funds to which they will contribute under this Agreement. The Fringe Benefit Fund contribution rate for all employees will be dictated by the collective bargaining agreement that covers the employee’s home local union. The hourly Total Package Contribution, consisting of the hourly Wages and Fringe Benefit Fund contributions, for employees of the Employer shall at no time be lower than the Total Package Contribution a comparable employee would receive for work covered by this Agreement.
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HOME FUNDINGThe Employer shall be allowed, at the Employer’s option, to home- fund fringe benefits for employees traveling outside the geographic jurisdiction of this Agreement but within the jurisdiction of the North Central States Regional Council of Carpenters (NCSRCC), provided: 1) the Employer is signatory or agrees to become signatory to the NCSRCC Council Wide Agreement or a NCSRCC collective bargaining agreement covering the work in the geographic jurisdiction in which the work is being performed; and 2) provided that that other NCSRCC Agreement also contains this or another homefunding provision (or is the NCSRCC Council Wide Agreement or the UBC #1 Agreement). Should the Employer perform work covered by an agreement within the NCSRCC jurisdiction without becoming signatory to an agreement covering such work, this Section shall not apply to said Employer. In such case, the Union will notify the Employer and the Association in writing, which notice shall only be effective upon delivery and provide the Employer a two week period to cure the violation. Should the Employer fail to cure the violation, this home funding clause shall cease effective on the following work month. The Employer may challenge the Union’s assertion through the dispute resolution process contained in this Agreement. The employer will notify the union and affected fund offices when home funding under this article. Under such circumstances, the following provision shall apply: When the Employer assigns an employee to work outside the geographic jurisdiction of this Agreement, the Employer will pay the total taxable wage, the savings withholding/remittance, the defined benefit pension, defined contribution, and health funds at the home area rates specified in this Agreement to the home area funds specified in this Agreement. The working dues checkoff withholding/remittance, and all other nontaxable fringe benefits, including training, UBC funds, LMC, IAP, etc., will be paid to the funds specified in the NCSRCC agreement covering the geographic jurisdiction in which the work is being performed, and at the rates specified in that agreement. Employees traveling to work outside the geography of this Agreement shall not be paid less than the total package required in their home area under this Agreement. In the event the total package for the area in which work is being performed is higher than the total package under this Agreement, the additional amount shall be added to the base wage of the emp...
HOME FUNDINGSection 1. For key or recruited employees, who are members of an O.P.&C.M.I.A. Local Union, the Employer may make fringe benefit payments for Health and Welfare, Pension or Pensions contributions to the employee’s Home Fund for the employee’s Home Area. Pension contributions may be separate or combined, depending on the employee’s Home Fund or Funds. The hourly wage rate may be adjusted to reflect contributions at the Home Fund rates, but the total wage benefit package shall remain equal to the wage benefit package for the Area in which the work is performed. Other remittances will be made in accordance with the contribution rates for the Area in which the work is performed. Remittance forms will be provided by the O.P.&C.M.I.A. and by the Local Union having jurisdiction over the Area in which the work is performed. Section 2. For employees, Cement Masons and/or Plasterers, working under this Agreement, who are members of a Local Union that is not affiliated with the O.P.&C.M.I.A., the Employer shall direct all fringe benefit payments for the Health and Welfare, and Pension contributions to the employee’s Home Area Fund - and not to the Funds of Locals affiliated with signatory O.P.&C.M.I.A. Local 599 or 633 - at rates designated by the Pension and Health Funds for the Local Area Union Fund to which the employee belongs. The employee’s hourly base wage rate will be adjusted upwards or downwards to reflect contributions at the Home Fund rates, but the total wage benefit package shall remain equal to the wage benefit package negotiated under this Collective Bargaining Agreement. Other remittances, including those for working dues, all education Fund contributions, or any Industry Pension Fund that might be established, shall be made for all employees in accordance with the contract for the Area in which the work is performed, in accordance with the Area remittance form provided by the O.P.&C.M.I.A.
HOME FUNDINGSection 1. For key or recruited employees, who are members of an O.P.&C.M.I.A. Local Union, the Employer may make fringe benefit payments for Health and Welfare, Pension or Pensions Section 2. For employees, Cement Masons and/or Plasterers, working under this Agreement, who are members of a Local Union that is not affiliated with the O.P.&C.M.I.A., the Employer shall direct all fringe benefit payments for the Health and Welfare, and Pension contributions to the employee’s Home Area Fund - and not to the Funds of Locals affiliated with signatory O.P.&C.M.I.A. Local 599 or 633 - at rates designated by the Pension and Health Funds for the Local Area Union Fund to which the employee belongs. The employee’s hourly base wage rate will be adjusted upwards or downwards to reflect contributions at the Home Fund rates, but the total wage benefit package shall remain equal to the wage benefit package negotiated under this Collective Bargaining Agreement. Other remittances, including those for working dues, all education Fund contributions, or any Industry Pension Fund that might be established, shall be made for all employees in accordance with the contract for the Area in which the work is performed, in accordance with the Area remittance form provided by the O.P.&C.M.I.A.
HOME FUNDINGSECTION 1: For key or recruited employees, who are members of an O.P.&C.M.I.A. Local Union, the Employer may make fringe benefit payments for Health and Welfare Pension or Pensions contributions to the employee's Home Fund for the employee's Home Area. Pension contributions may be separate or combined, depending on the employee's Home Fund or Funds. The hourly wage rate may be adjusted to reflect contributions at the Home Fund rates, but the total wage benefit package shall remain equal to the wage benefit package for the Area in which the work is performed. Other remittances will be made in accordance with the contribution rates for the Area in which the work is performed. Remittance forms will be provided by the O.P.&C.M.I.A. and by the Local Union having jurisdiction over the Area in which the work is performed.

Related to HOME FUNDING

  • Loan Funding The sum of all financing described below (excluding any loan funding fee or mortgage insurance premium) is $ .

  • State Funding It is understood that all obligations of RRC hereunder are subject to the availability of state funds, federal grant(s) and/or other federal funds. If such funds are not appropriated or become unavailable, this Contract may be terminated. In such event, the Parties shall be discharged from further obligations, subject to the equitable settlement of their respective interests accrued up to the date of termination.

  • Per-pupil Funding The School's non-facility general fund per-pupil funding shall be as defined in Sec. 302D-28, HRS. The Commission shall distribute the School's per-pupil allocation each fiscal year pursuant to Sec. 302D-28(f), HRS, and shall provide the School with the calculations used to determine the per-pupil amount each year. All funds distributed to the School from the Commission shall be used solely for the School's educational purposes as appropriated by the Legislature, and the School shall have discretion to determine how such funding shall be allocated at the school level to serve those purposes subject to applicable laws and this Contract.

  • Residential Funding Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Company and any successor thereto.

  • Program Funding Upon entry into force of this Compact, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Eight Million Eight Hundred Fifty Thousand United States Dollars (US$408,850,000) to support the Program (“Program Funding”). The allocation of Program Funding is generally described in Annex II to this Compact.

  • Initial Funding The obligations of the Lenders to make ---------------- their Loans under the Initial Funding shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 13.02): (a) The Administrative Agent, the Arranger and the Lenders shall have received all fees and other amounts due and payable on or prior to the Effective Date, including, to the extent invoiced, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by the Borrower hereunder. (b) The Administrative Agent shall have received a certificate of the Secretary or an Assistant Secretary of the Borrower setting forth (i) resolutions of its managing member with respect to the authorization of the Borrower to execute and deliver the Loan Documents to which it is a party and to enter into the transactions contemplated in those documents, (ii) the officers or other designated persons of the Borrower (y) who are authorized to sign the Loan Documents to which the Borrower is a party and (z) who will, until replaced by another officer or officers duly authorized for that purpose, act as its representative for the purposes of signing documents and giving notices and other communications in connection with this Agreement and the transactions contemplated hereby, (iii) specimen signatures of such authorized officers, and (iv) the certificate of incorporation and bylaws, as amended, of the Borrower, certified as being true and complete. The Administrative Agent and the Lenders may conclusively rely on such certificate until the Administrative Agent receives notice in writing from the Borrower to the contrary. (c) The Administrative Agent shall have received certificates of the appropriate State agencies with respect to the existence, qualification and good standing of the Borrower. (d) The Administrative Agent shall have received a compliance certificate which shall be substantially in the form of Exhibit D, duly and --------- properly executed by a Responsible Officer and dated as of the date of Effective Date. (e) The Administrative Agent shall have received from each party hereto counterparts (in such number as may be requested by the Administrative Agent) of this Agreement signed on behalf of such party. (f) The Administrative Agent shall have received duly executed Notes payable to the order of each Lender in a principal amount equal to its Commitment dated as of the date hereof. (g) The Borrower shall have delivered to the Administrative Agent the Initial Funding Disbursement Request in the amount of $3,700,000. (h) The Administrative Agent shall have received from the Borrower duly executed counterparts of the ORRI Conveyance for each Lenders with respect to the Borrower's Oil and Gas Properties as of the date of such funding. (i) The Administrative Agent shall have received from U.S. Energy Corp. duly executed counterparts of the Warrant Agreement for each Lender. (j) The Administrative Agent shall have received from each party thereto duly executed counterparts (in such number as may be requested by the Administrative Agent) of the Security Instruments, including the Security Agreement, the Pledge Agreement and the other Security Instruments described on Exhibit F-1. In connection with the execution and delivery of the Security ------------ Instruments, the Administrative Agent shall: (i) be reasonably satisfied that the Security Instruments create first priority, perfected Liens on the Collateral, such Liens being subject only to Excepted Liens identified in clauses (a) to (d) and (e) of the definition thereof, but subject to the provisos at the end of such definition; and (ii) have received certificates, together with undated, blank stock powers for each such certificate, representing all of the issued and outstanding Equity Interests of the Borrower. (k) The Administrative Agent shall have received an opinion of Xxxxxx & Xxxxxx, special counsel to the Borrower, substantially in the form of Exhibit E hereto. ---------- (l) The Administrative Agent shall have received a certificate of insurance coverage of the Borrower evidencing that the Borrower and the Operator are carrying insurance in accordance with Section 8.13. (m) The Administrative Agent shall have received title information as the Administrative Agent may require satisfactory to the Administrative Agent setting forth the status of title to the Oil and Gas Properties evaluated in the Initial Reserve Report as of the Effective Date. (n) The Administrative Agent shall be satisfied with the environmental condition of the Oil and Gas Properties of the Borrower and have received such reports as in form and scope satisfactory to the Administrative Agent and the Lenders as they may request related thereto, including a Phase 1 Environmental Report with respect to all xxxxx a part of the Oil and Gas Properties of the Borrower. (o) The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower certifying that the Borrower and the Operator have received all consents and approvals required by Section 8.03. (p) The Administrative Agent shall have received (i) the financial statements referred to in Section 8.04(a), (ii) the Initial Reserve Report accompanied by a certificate covering the matters described in Section 9.12(b) and (iii) copies of all material contracts or agreements, including, but not limited to, all operating agreements covering the Oil and Gas Properties, as well as all marketing, transportation, and processing agreements related to such Oil and Gas Properties. (q) The Administrative Agent shall have received appropriate UCC search certificates reflecting no prior Liens encumbering the Properties the Borrower for each of the following jurisdictions: State of Wyoming, Albany, Converse, Platte, Campbell, and Xxxxxxx Counties, and any other jurisdiction requested by the Administrative Agent. (r) The Administrative Agent shall have received evidence that the Borrower has purchased one or more commodity price floors, collars or swaps acceptable to Administrative Agent and the Arranger (i) with one or more Approved Counterparties, and (ii) that have aggregate notional volumes of not less than 75% of the reasonably estimated projected natural gas production of currently producing xxxxx of Borrower for the first 24 months following the date hereof, in each case, from its Proved Developed Producing Reserves, as determined by reference to the Initial Reserve Reports. (s) The Administrative Agent shall be satisfied that there are no negative price deviations in the oil and gas prices that would have a Material Adverse Effect on the value of the Borrower's Oil and Gas Properties. (t) The Administrative Agent shall be satisfied that there has been no Material Adverse Effect to the Borrower since December 1, 2003. (u) The Administrative Agent shall have received Letters-in-Lieu executed in blank by the Borrower, in such quantity as the Administrative Agent may reasonably request. (v) The Administrative Agent shall have received Direction Letters executed in blank by the Borrower, in such quantity as the Administrative Agent may reasonably request. (w) Since December 1, 2003, there shall not have been any disruption or adverse change in the financial or capital markets. (x) The Borrower and the Lenders shall have agreed upon the Development Plan. (y) The Administrative Agent shall have received such other documents as the Administrative Agent or special counsel to the Administrative Agent may reasonably request. The Administrative Agent shall notify the Borrower and the Lenders of the Effective Date, and such notice shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the Lenders to make Loans hereunder shall not become effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section 13.02) at or prior to 2:00 p.m., New York, New York time, on February 15, 2004 (and, in the event such conditions are not so satisfied or waived, the Commitments shall terminate at such time).

  • Research Funding (a) During each Collaboration Term and in connection with any wind-down activities contemplated by Section 13.4. Gilead shall reimburse Hookipa for all Out-of-Pocket Costs actually incurred (with no markup) by Hookipa in connection with the applicable Program, to the extent specifically contemplated in the applicable Research Plan and in accordance with the applicable Research Budget. Gilead shall reimburse the undisputed amount of such Out-of-Pocket Costs incurred in a [***] within [***] days after receipt from Hookipa of an invoice therefor issued within [***] days after the end of such [***]. (b) During each Collaboration Term for a Program, Gilead shall reimburse Hookipa at the FTE Rate for the costs of any FTEs (not to exceed the number of FTEs specified in the applicable Research Plan for such Program for any period without first obtaining, in each case, Gilead’s prior written consent) actually performing activities allocated to Hookipa under such Research Plan. Hookipa shall provide to Gilead, within [***] days after the end of each [***] during each Collaboration Term, a report indicating the number of FTEs actually provided by Hookipa with respect to each Program during such [***], Hookipa shall use standard industry systems and processes to record the number of hours and FTEs actually applied to each Program, which systems and processes shall be consistently and equitably applied to all Hookipa research programs with Third Parties. Gilead shall reimburse Hookipa the undisputed amount for such FTE costs incurred in a [***] within [***] days after receipt from Hookipa of an invoice therefor issued within [***] days after the end of each [***]. (c) For clarity, Gilead shall not be obligated to reimburse Hookipa for any costs or expenses incurred by Hookipa in the course of its activities under the Programs, other than: (i) those costs and expenses expressly identified in this Section 9.6 or elsewhere in this Agreement; (ii) reimbursement for the supply of Licensed Products to Gilead in accordance with the terms of any supply agreement entered into by the Parties pursuant to Section 7.2; or (iii) any other costs and expenses approved by Gilead in writing in advance.

  • Fiscal Funding Notwithstanding any other provision of this agreement, the parties hereto agree that the charges hereunder are payable to the Contractor by the District solely from appropriations received by District. In the event such appropriations are determined by the Chief Financial Officer/Comptroller of the District to no longer exist or to be insufficient with respect to the charges payable hereunder, this Agreement shall immediately terminate without further obligation to the District upon notice that such appropriations no longer exist and are insufficient.

  • Supplemental Funding Unless otherwise defined by program rules, Supplemental Funding is the award of additional funds to provide for an increase in costs due to unforeseen circumstances. The State will comply with all Federal program agency policies and procedures for requesting supplemental grant funding. The State will comply with the following guidelines when requesting supplemental funding for the Medical Assistance Program and associated administrative payments (CFDA 93.778): The State must submit a revised Medicaid Program Budget Report (CMS-37) to request supplemental funding. The CMS guidelines and instructions for completing the CMS-37 are provided in Section 2600F of the State Medicaid Manual (SMM). The CMS/CO must receive the revised Form CMS-37 through the Medicaid Budget Expenditure System/Children's Budget Expenditure System (MBES/CBES) no later than 10 calendar days before the end of the quarter for which the supplemental grant award is being requested. Additional guidance on this policy is available from the respective CMS Regional Office, U.S. Department of Health & Human Services. The State will comply with the following guidelines when requesting supplemental funding for TANF (CFDA 93.558), CCDF (CFDA 93.575), CSE (93.563), and the FC/AA (CFDA 93.658 and CFDA 93.659) programs administered by the U.S. Department of Human Services, Administration for Children and Families (HHS/ACF): a. Timing of the Request A State should initiate its request for supplemental funding during a quarter as soon as it becomes aware of the fact that a shortfall does/will exist. For the TANF and CCDF grants, supplemental funding requests (estimates) may be submitted by a State, for consideration by ACF, up through and including the 15th day of the third month of the first, second or third quarter of any fiscal year. Since TANF and CCDF are block grant programs, all unawarded portions of the annual allotment will automatically be issued at the beginning of the fourth quarter. Therefore, supplemental funding requests will not be available during the fourth quarter for these programs. For the CSE and FC/AA programs, supplemental funding requests may be submitted by a state, for consideration by ACF, up through and including the 15th day of the third month of any quarter of a fiscal year.

  • REMIC Administrator: Residential Funding Corporation If Residential Funding Corporation is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee acting as Master Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

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