Monetary development contribution Sample Clauses

Monetary development contribution. (a) A monetary Development Contribution is made for the purposes of this Agreement when the Council receives the total amount of the contribution in cash, by bank cheque or by electronic funds transfer of cleared funds into a bank account nominated by the Council. (b) The Developer is to give the Council not less than two Business Days written notice of its intention to pay a monetary Development Contribution. (c) After having given notice under clause 4.2(b), the Developer is required to attend a Council Office to pay the monetary Development Contribution.
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Monetary development contribution. (a) A monetary Development Contribution is made for the purposes of this Agreement when the Council receives the total amount of the contribution in cash, by bank cheque or by electronic funds transfer of cleared funds into a bank account nominated by the Council. (b) The Developer is to give the Council not less than two Business Days written notice of its intention to pay a monetary Development Contribution. (c) The Parties agree that if the Developer does not pay a monetary Development Contribution on or before the due date for payment, that monetary Development Contribution: (i) is to be a debt due and payable by the Developer to the Council on demand; (ii) may be recovered in a court of competent jurisdiction in New South Wales; (iii) is to incur interest from the due date for payment until the amount is paid in full; (iv) interest is calculated for this clause at a rate which is the aggregate of 4% per annum and the cash rate quoted by the Reserve Bank of Australia; and (v) interest accrues and is charged from day to day and is calculated on the basis of days elapsed and a 365 day year.
Sample 1Sample 2
Monetary development contribution. (a) A monetary Development Contribution is made for the purposes of this Agreement when the Council receives the total amount of the contribution in cash, by bank cheque or by electronic funds transfer of cleared funds into a bank account nominated by the Council. (b) The Developer is to give the Council not less than two Business Days written notice of its intention to pay a monetary Development Contribution. (c) After having given notice under clause 4.2(b), the Developer is required to attend a Council Office at Prince Street, Grafton or River Street, Maclean to pay the monetary Development Contribution. (d) The Parties agree that if the Developer does not pay a monetary Development Contribution on or before the due date for payment, that monetary Development Contribution: (i) is to be a debt due and payable by the Developer to the Council on demand; (ii) may be recovered in a court of competent jurisdiction in New South Wales; (iii) is to incur interest from the due date for payment until the amount is paid in full; (iv) interest is calculated for this clause at a rate which is the aggregate of 4% per annum and the cash rate quoted by the Reserve Bank of Australia; and (v) interest accrues and is charged from day to day and is calculated on the basis of days elapsed and a 365 day year.
Sample 1Sample 2
Monetary development contribution. (a) In accordance with the provisions of Condition18 of the Development Consent DA2014/0098, as may be modified from time to time, the Developer is to pay to Council a road maintenance contribution of per annum for the use of Council’s roads by extractive industry trucks based on $0.21 per cubic metre.
Sample 1
Monetary development contribution. ‌ (a) A monetary Development Contribution is made for the purposes of this Agreement when the Council receives the total amount of the contribution in cash, by bank cheque or by electronic funds transfer of cleared funds into a bank account nominated by the Council. (b) The Council must provide the Developer with the Intersection Design for the Developer’s consideration and comment prior to finalising the Intersection Design. (c) The Council must not unreasonably withhold its consent to a request for an amendment to the Intersection Design submitted by the Developer as part of the Developer’s comments under clause 4.2(b). (d) The Council will notify the Developer of the final Intersection Design as approved by Council. (e) The monetary Development Contribution detailed in Schedule 1 is payable within 14 days after the date the Developer receives notice from the Council of Council’s approval of the Intersection Design. (f) The Developer is to give the Council not less than two Business Days written notice of its intention to pay a monetary Development Contribution. (g) After having given notice under clause 4.2(f), the Developer is required to attend a Council Office at Prince Street, Grafton or River Street, Maclean to pay the monetary Development Contribution. (h) The Parties agree that if the Developer does not pay a monetary Development Contribution on or before the due date for payment, that monetary Development Contribution: (i) is to be a debt due and payable by the Developer to the Council on demand; (ii) may be recovered in a court of competent jurisdiction in New South Wales; (iii) is to incur interest from the due date for payment until the amount is paid in full; (iv) interest is calculated for this clause at a rate which is the aggregate of 4% per annum and the cash rate quoted by the Reserve Bank of Australia; and (v) interest accrues and is charged from day to day and is calculated on the basis of days elapsed and a 365 day year.
Sample 1

Related to Monetary development contribution

  • Professional Development Funds 23.1.1 Two Professional Development Funds, a Professional Development Support Fund and an Education Leave Fund, shall be established to support professional development activities as defined in 23.2. On April 1st of each year, the College will allocate an amount equal to no less than 0.9% of total faculty salary (exclusive of severance payments) to the Professional Development Support Fund, and an amount equal to no less than 0.6% of total faculty salary to the Educational Leave Fund. Any unused balances in these funds shall carry over to the next budget year. 23.1.2 The College agrees to provide the Association with the authority to administer the program on behalf of the College for those activities approved by the College in accordance with 23.2, 23.4 and 23.5. 23.1.3 Nothing in this Agreement prevents the College from funding professional development activities in addition to those activities supported through the Professional Development Funds (23.1.1) in accordance with the procedures described in this Article.

  • Professional Development Fund Article 20

  • Staff Development Leave (a) An employee will be granted leave without loss of pay, at their basic rate of pay, to take courses (including related examinations) or attend conferences, conventions, seminars, workshops, symposiums or similar out-of-service programs, at the request of the Employer. The amount of pay received by an employee will not exceed the full-time daily hours of work as outlined in Clause 14.2 (Hours of Work). When such leave is granted, the Employer will bear the full cost, including tuition fees, entrance or registration fees, laboratory fees, and course-related books. The Employer will also reimburse the employee for approved travelling, subsistence, and other legitimate, applicable expenses. (b) An employee may be granted leave without pay, with pay, or leave with partial pay, to take work related courses in which the employee wishes to enrol to acquire the skills necessary to enhance opportunities. (c) Approval of requests will be given reasonable consideration and leaves pursuant to this article will be administered in a reasonable manner. (d) Should the employee noted above terminate their employment for any reason during the six month period following completion of the above-noted leave, the employee will reimburse the Employer for all expenses incurred by the Employer (i.e. tuition fees, entrance or registration fees, laboratory fees, and course-required books) on a proportionate basis.

  • Employee Development The Employer may provide employees the opportunity to participate in appropriate seminars, workshops or short courses. When possible and appropriate the Employer will provide to all staff information on seminars, workshops or short courses by posting a notice on the Employer’s internal web site.

  • Career Development The City and the Union agree that employee career growth can be beneficial to both the City and the affected employee. As such, consistent with training needs identified by the City and the financial resources appropriated therefore by the City, the City shall provide educational and training opportunities for employee career growth. Each employee shall be responsible for utilizing those training and educational opportunities made available by the City or other institutions for the self- development effort needed to achieve personal career goals.

  • Professional Development Plan Professional Development Plan (PDP) refers to plans developed by faculty members addressing the criteria contained in Article 22 and Appendix G.

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

  • Status as Business Development Company The Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement. a. Develop a Work Breakdown Structure (WBS) for each project. b. Evaluate Scope Statement to develop a preliminary cost estimate and determinate whether project be vendor bid or be executed under a Job Order Contract (JOC).

  • TRAINING AND EMPLOYEE DEVELOPMENT 9.1 The Employer and the Union recognize the value and benefit of education and training designed to enhance an employee’s ability to perform their job duties. Training and employee development opportunities will be provided to employees in accordance with Employer policies and available resources. 9.2 Attendance at employer-required training will be considered time worked. The Employer will make reasonable attempts to schedule employer-required training during an employee’s regular work shift. The Employer will pay the registration and associated travel costs in accordance with Article 23, Travel, for employer-required training.

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