Leisure Contributions Sample Clauses

Leisure Contributions. 1.1 The following contributions will be paid by the Developer to the Council upon the first anniversary of Implementation and the Developer covenants not to further Implement the Wylfa Newydd DCO Project until these contributions have been paid: 1.1.1 The Leisure (Indoor Sports Halls) Contribution. 1.1.2 The Leisure (Outdoor Facilities) Contribution. 1.1.3 The Leisure (Swimming Facilities) Contribution. 1.2 The Council covenants with the Developer that it will use the Leisure (Indoor Sports Halls) Contribution to: 1.2.1 upgrade the existing indoor sports facilities at the Amlwch Leisure Centre and the Holyhead Leisure Centre within 18 months of receipt of the Leisure (Indoor Sports Halls) Contribution; 1.2.2 improve and expand the car parking facilities at Amlwch Leisure Centre within 18 months of receipt of the Leisure (Indoor Sports Halls) Contribution; and 1.2.3 from Implementation monitor usage of the indoor sports facilities at the Leisure Centres to obtain monitoring data on the usage profile of indoor sports facilities at the Leisure Centres including for example: (a) daily use, peak and off-peak usage, and hourly usage figures; and (b) other matters as may be agreed between the Council and the Developer which will enable an undertaking of the impacts of the Wylfa Newydd DCO Project Workforce on the Leisure Centres. 1.3 The Council covenants with the Developer that it will use the Leisure (Outdoor Facilities) Contribution to: 1.3.1 upgrade the existing outdoor multi use games areas at Amlwch Leisure Centre [and Holyhead Leisure Centre] to provide additional 3G standard pitches within 18 months of receipt of the Leisure (Outdoor Facilities) Contribution; and 1.3.2 from Implementation monitor usage of the outdoor multi use games areas at Amlwch Leisure Centre [and Holyhead Leisure Centre] to enable the provision of data which sets out the usage profile of these leisure centres including for example: (a) daily use, peak and off-peak usage, and hourly usage figures; and (b) other matters as may be agreed between the Council and the Developer which will enable an undertaking of the impacts of the Wylfa Newydd DCO Project on the Leisure Centres. 1.4 The Council covenants with the Developer that it will use the Leisure (Swimming Facilities) Contribution to: 1.4.1 undertake alterations to improve, remodel and/or expand the changing facilities at Amlwch Leisure Centre within 18 months of receipt of the Leisure (Swimming Facilities) Contribution; and 1.4.2 fr...
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Related to Leisure Contributions

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • FINANCIAL CONTRIBUTIONS (§5.d): Owner shall use reasonable efforts to seek contributions and grants from Capital Metro Transit Authority (CMTA) and Xxxxxx County.

  • When Can I Make Contributions You may make annual contributions to your Xxxx XXX any time up to and including the due date for filing your tax return for the year, not including extensions. You may continue to make regular contributions to your Xxxx XXX even after you attain RMD age. In addition, rollover contributions and transfers (to the extent permitted as discussed below) may be made at any time, regardless of your age.

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

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