Job and Wage Goals Sample Clauses

Job and Wage Goals b) The Developer represents that as of April 11, 2016 it has 1,730 Full-Time Equivalent permanent, non-contract, non-seasonal employees in the Developer’s Arden Hills and Shoreview, Minnesota locations. The Company will transfer the employees currently located at the Shoreview, Minnesota location to the Arden Hills, Minnesota location by the Compliance Date. On or before the Compliance Date, the Developer shall cause to be created at least 200 new Full-Time Equivalent jobs (the “New Jobs”) for a total of 1,930 Full-Time Equivalent jobs on the Development Property and shall cause the wages for all New Jobs on the Development Property to be no less than $18.00 per hour, exclusive of Benefits (the “Subsidy Jobs”). Any jobs created after April 11, 2016 will be considered New Jobs and count toward the Developer’s job creation goals. The City and the County each may, after a public hearing, extend the deadlines for the goals described in this clause (b) by up to one year, provided that nothing in this section will be construed to limit the City’s and the County’s respective legislative discretion regarding this matter.
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Job and Wage Goals. By the compliance date, which is the date two (2) years after the Benefit Date (the “Compliance Date”), the Developer shall cause the Tenant to (i) create at least 300 new full-time equivalent jobs at the Minimum Improvements, and (ii) cause the average hourly wage of the jobs to be at least $20.00 per hour, exclusive of benefits. Notwithstanding anything to the contrary herein, if the wage and job goals described in this paragraph are met by the Compliance Date, those goals are deemed satisfied as of the date such wage and job goals are met, despite the Developer’s continuing obligations under Sections 3.4(1)(f) and 3.4(4). The City may, after a public hearing, extend the Compliance Date by up to one year, provided that nothing in this section will be construed to limit the City’s legislative discretion regarding this matter.
Job and Wage Goals. The “Benefit Date” is the earlier of (i) the date the Hotel Improvements are occupied for business, or (ii) the date of substantial completion of the Hotel Improvements (as confirmed by the Certificate of Completion). Within two years after the Benefit Date (the “Job Creation Date”), the Developer shall create at least 5 Full-Time Equivalent Jobs, each of which pays a Qualified Wage. “Full-Time Equivalent Jobs” are any combination of full and part-time jobs that together represent at least 1,750 hours of work annually. A “Qualified Wage” is an hourly wage that is the greater of (i) 100 percent of the median hourly wage in Rice County for the hotel industry (NAICS Code 721110), and (ii) hourly wages and health benefits that, when annualized assuming full-time work, total at least the rate of the 110 percent of the poverty level for a family of four. The Qualified Wage will be based on the data that is effective as of the Job Creation Date. If the required number of jobs, paying a Qualified Wage, arenumber of jobs, paying a Qualified Wage, is created by the Job Creation Date, then such requirement shall be satisfied and Developer shall have no further obligation with respect to creation or maintenance of jobs or wages.
Job and Wage Goals b) The Borrower represents that as of April 11, 2016 it has 1,730 Full-Time Equivalent permanent, non-contract, non-seasonal employees in the Borrower’s Arden Hills and Shoreview, Minnesota locations. The Borrower will transfer the employees currently located at the Shoreview, Minnesota location to the Arden Hills, Minnesota location by the Compliance Date. On or before the Compliance Date, the Borrower shall cause to be created at least 200 new Full-Time Equivalent jobs on the Development Property (the “New Jobs”) for a total of 1,930 Full-Time Equivalent jobs on the Development Property (the “Subsidy Jobs”). Any jobs on the Development Property created after April 11, 2016 will be considered New Jobs and count toward the Borrower’s Subsidy Job creation goals. The Borrower further represents that as of April 11, 2016 it has 535 full-time equivalent permanent, non-contract, non-seasonal employees in the State of Minnesota that are not on the Development Property (the “State Jobs”). As of the Compliance Date, the Borrower will provide evidence that at least the number of State Jobs set forth above exist in the State of Minnesota. If, prior to the Compliance Date, all or some of the State Jobs are transitioned to one or more third parties by sale or otherwise, and such third party agrees in writing at the time of such transition that such transitioned State Jobs will be retained in the State of Minnesota and such third party provides to the State evidence sufficient to the State in the State’s reasonable discretion that such State Jobs were retained in the State of Minnesota through the Compliance Date, the number of State Jobs set forth above and the Borrower’s obligations therewith shall be subject to an immediate and corresponding reduction. The City and the State may, collectively, after a public hearing, extend the deadlines for the goals described in this clause (b) by up to one year, provided that nothing in this section will be construed to limit the City’s and the State’s legislative discretion regarding this matter.
Job and Wage Goals. The Developer agrees that within twenty four (24) months after the City’s issuance of a certificate of occupancy for the Minimum Improvements it will create at least eighteen (18) full time or full time equivalency employment positions at the Minimum Improvements at an average wage of at least $80,000 per year. For the avoidance of doubt, employment positions meeting such requirements that are created by the owner, tenants or occupants of the Minimum Improvements or by the engagement of independent contractors for the operation of the Minimum Improvements (such as building engineers and security personnel) will meet such goals.
Job and Wage Goals. The “Benefit Date” is the date of substantial completion of the Minimum Improvements (as confirmed by the Certificate of Completion) or the issuance of a certificate of occupancy for the Minimum Improvements. Subject to any Unavoidable Delays, within two years after the Benefit Date (the “Job Creation Date”), the Developer shall create at least 250 Qualified Jobs at the Development Property (which may include Qualified Jobs relocated to the Development Property from elsewhere in the State) and such Qualified Jobs shall collectively pay an average wage of at least $21.75 per hour including Benefits. The Authority may, as provided in the Business Subsidy Act, extend the deadlines for these respective goals by up to one year, provided that nothing in this section will be construed to limit the Authority’s legislative discretion regarding this matter;

Related to Job and Wage Goals

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  • Contract Goals A. For purposes of this procurement, OGS conducted a comprehensive search and determined that the Contract does not offer sufficient opportunities to set goals for participation by MWBEs as subcontractors, service providers, or suppliers to Contractor. Contractor is, however, encouraged to make every good faith effort to promote and assist the participation of MWBEs on this Contract for the provision of services and materials. The directory of New York State Certified MWBEs can be viewed at: xxxxx://xx.xxxxxxxxxxxxxx.xxx/FrontEnd/VendorSearchPublic.asp?TN=ny&XID=2528. Additionally, following Contract execution, Contractor is encouraged to contact the Division of Minority and Women’s Business Development ((000) 000-0000; (000) 000-0000; or (000) 000-0000) to discuss additional methods of maximizing participation by MWBEs on the Contract. B. Good Faith Efforts Pursuant to 5 NYCRR § 142.8, evidence of good faith efforts shall include, but not be limited to, the following: 1. A list of the general circulation, trade, and MWBE-oriented publications and dates of publications in which the Contractor solicited the participation of certified MWBEs as subcontractors/suppliers, copies of such solicitations, and any responses thereto. 2. A list of the certified MWBEs appearing in the Empire State Development (“ESD”) MWBE directory that were solicited for this Contract. Provide proof of dates or copies of the solicitations and copies of the responses made by the certified MWBEs. Describe specific reasons that responding certified MWBEs were not selected. 3. Descriptions of the Contract documents/plans/specifications made available to certified MWBEs by the Contractor when soliciting their participation and steps taken to structure the scope of work for the purpose of subcontracting with, or obtaining supplies from, certified MWBEs. 4. A description of the negotiations between the Contractor and certified MWBEs for the purposes of complying with the MWBE goals of this Contract. 5. Dates of any pre-bid, pre-award, or other meetings attended by Contractor, if any, scheduled by OGS with certified MWBEs whom OGS determined were capable of fulfilling the MWBE goals set in the Contract. 6. Other information deemed relevant to the request.

  • Program Goals CalHFA MAC envisions that these monies would be used to complement other federal or lender programs designed specifically to stabilize communities by providing assistance to homeowners who have suffered a financial hardship and as a result are no longer financially able to afford their first-lien mortgage loan payments or their Property Expenses when associated with a Federal Housing Administration (“FHA”) Home Equity Conversion Mortgages (“HECM”) loan, only.

  • Goals & Objectives The purpose of this Agreement is to ensure that the proper elements and commitments are in place to provide consistent IT service support and delivery to the Customer by Centre. The goal of this Agreement is to obtain mutual agreement for IT service provision between Centre and Customer. The objectives of this Agreement are to:  Provide clear reference to service ownership, accountability, roles and/or responsibilities.  Present a clear, concise and measurable description of service provision to the Customer.  Match perceptions of expected service provision with actual service support & delivery.

  • Metrics Institutional Metrics System-Wide Metrics

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

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  • Objectives The Parties conclude this Agreement, among others, for purposes of: (a) Encouraging expansion and diversification of trade between the Parties; (b) Eliminating the barriers to trade in, and facilitate the cross-border movement of goods and services between the Parties; (c) Promoting fair competition in the Parties' markets; (d) Creating new employment opportunities; (e) Creating framework for furthering bilateral, regional and multilateral cooperation to expand and enhance the benefits of this Agreement; and (f) Providing forum and approach for resolution of disputes amiably.

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