Participating Clubs Sample Clauses

Participating Clubs. In this regard, the Administrator is authorized to require estimated partial payments and distributions during the course of a revenue sharing year and to assess reasonable penalties for intentionally inaccurate estimates by Clubs. The schedule for retroactive payments relating to 1996 shall be in accordance with Section V of the Strike Settlement. Beginning with the payments relating to 1997, unless and until -95- 106 altered by the Administrator in consultation with the Association, the Clubs shall make payments to the Administrator in each year of the revenue sharing plan under the following schedule: ----------------------------------------------------------------------- REPORTING PAYMENT DISTRIBUTION DATE DATE DATE AMOUNT OF PAYMENT -------------------------------------------------------------------------------------------------- Payment 1 May 15 May 25 June 1 33% of Estimated Annual Net Payment -------------------------------------------------------------------------------------------------- Payment 2 July 15 July 25 August 1 66% of Estimated Annual Net Payment Less: Payment 1 -------------------------------------------------------------------------------------------------- Payment 3 September 25 September 30 October 1 100% of Estimated Annual Net Payment Less: Payments 1 and 2 -------------------------------------------------------------------------------------------------- Payment 4 November 15 November 25 December 1 Post-Season True-Up, Unaudited -------------------------------------------------------------------------------------------------- Payment 5 March 31 June 7 June 15 Final Determination of Annual Net Payment Based on Audited Results --------------------------------------------------------------------------------------------------
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Participating Clubs. 1. The Women’s Premier League (WPL) will be comprised of 10 of the top senior women’s clubs, competing in 2 Conferences. The 10 clubs for 2019 will be: Atlanta Harlequins, Berkeley All Blues, Chicago North Shore, Beantown Rugby, Glendale Raptors, New York Rugby Club, Oregon Sports Union (ORSU), San Diego Surfers, Twin City Amazons, and Life West Gladiatrix. 2. The WPL Promotion/Relegation Policy was originally determined by a sub-committee in 2010 and ratified for a two year period at the 2010 League Annual Meeting. Following the 2012 season, the policy was not renewed and subsequent annual assessments were considered for reinstatement. At the 2017 League Annual Meeting, it was determined to reinstate Promotion/Relegation as detailed in Appendix V-IV. Per League Membership vote in 2017, this policy will be automatically suspended for a period of no less than one year following any significant structural changes to the League. 3. The ultimate goal for the league is to push the standard of play ever higher and to expand as additional clubs reach competitive parity at that standard and are able to meet the competitive, financial, and historical sustainability and consistency requirements of competing in the WPL while not diminishing the integrity of the USA DI competition. The 2016 League Annual Meeting confirmed that the criteria for expansion had been met and two additional teams joined the League in 2017 to expand to 10 teams.

Related to Participating Clubs

  • Participating Consumers All Participating Consumers as of the Effective Date will continue to be enrolled in the Program under the terms of this ESA unless they opt-out. Within one (1) day after the Effective Date, the Town shall provide to Competitive Supplier a list of Participating Consumers as of the Effective Date, as well as such Participating Consumers’ service and billing addresses, and any other information necessary for Competitive Supplier to commence All-Requirements Power Supply to such Participating Consumers as of the Service Commencement Date.

  • Non-Participating This Contract is classified as a non-participating contract. It does not participate in our profits or surplus, and therefore no dividends are payable.

  • Participating Providers To find out if a Provider is a Participating Provider: • Check Our Provider directory, available at Your request; • Call the number on Your ID card; or • Visit our website at xxx.xxxxxx.xxx. The Provider directory will give You the following information about Our Participating Providers: • Name, address, and telephone number; • Specialty; • Board certification (if applicable); • Languages spoken; and • Whether the Participating Provider is accepting new patients.

  • Participating Pharmacy means a pharmacy (retail, mail order or specialty pharmacy) that has entered into an agreement to provide Prescription Medications to AvMed Members and has been designated as a Participating Pharmacy. Except for emergencies, covered Prescription Medications must be obtained at Participating Pharmacies.

  • The Participating Interests Each Lender (other than the Lender acting as L/C Issuer in issuing the relevant Letter of Credit), by its acceptance hereof, severally agrees to purchase from the L/C Issuer, and the L/C Issuer hereby agrees to sell to each such Lender (a “Participating Lender”), an undivided percentage participating interest (a “Participating Interest”), to the extent of its Percentage, in each Letter of Credit issued by, and each Reimbursement Obligation owed to, the L/C Issuer. Upon any failure by the Borrower to pay any Reimbursement Obligation at the time required on the date the related drawing is to be paid, as set forth in Section 1.3(c) above, or if the L/C Issuer is required at any time to return to the Borrower or to a trustee, receiver, liquidator, custodian or other Person any portion of any payment of any Reimbursement Obligation, each Participating Lender shall, not later than the Business Day it receives a certificate in the form of Exhibit A hereto from the L/C Issuer (with a copy to the Administrative Agent) to such effect, if such certificate is received before 1:00 p.m. (Chicago time), or not later than 1:00 p.m. (Chicago time) the following Business Day, if such certificate is received after such time, pay to the Administrative Agent for the account of the L/C Issuer an amount equal to such Participating Lender’s Percentage of such unpaid or recaptured Reimbursement Obligation together with interest on such amount accrued from the date the related payment was made by the L/C Issuer to the date of such payment by such Participating Lender at a rate per annum equal to: (i) from the date the related payment was made by the L/C Issuer to the date two (2) Business Days after payment by such Participating Lender is due hereunder, the Federal Funds Rate for each such day and (ii) from the date two (2) Business Days after the date such payment is due from such Participating Lender to the date such payment is made by such Participating Lender, the Base Rate in effect for each such day. Each such Participating Lender shall thereafter be entitled to receive its Percentage of each payment received in respect of the relevant Reimbursement Obligation and of interest paid thereon, with the L/C Issuer retaining its Percentage thereof as a Lender hereunder. The several obligations of the Participating Lenders to the L/C Issuer under this Section 1.3 shall be absolute, irrevocable, and unconditional under any and all circumstances whatsoever and shall not be subject to any set-off, counterclaim or defense to payment which any Participating Lender may have or have had against the Borrower, the L/C Issuer, the Administrative Agent, any Lender or any other Person whatsoever. Without limiting the generality of the foregoing, such obligations shall not be affected by any Default or Event of Default or by any reduction or termination of any Commitment of any Lender, and each payment by a Participating Lender under this Section 1.3 shall be made without any offset, abatement, withholding or reduction whatsoever.

  • Participation Contributor will participate in any Work Groups (defined in the Policy) identified above, and any other Work Groups that it actually participates in or notifies ODIF that it wants to participate in, according to the rules and procedures in the then-current OpenID Process Document (“Process Document”), which is fully incorporated into this Agreement by this reference, and subject to the Policy.

  • Participating Interests Effective in the case of each Standby L/C and Commercial L/C (if applicable) as of the date of the opening thereof, the Issuing Lender agrees to allot and does allot, to itself and each other Revolving Credit Lender, and each such Lender severally and irrevocably agrees to take and does take in such Letter of Credit and the related L/C Application (if applicable), an L/C Participating Interest in a percentage equal to such Lender’s Revolving Credit Commitment Percentage.

  • Participating Employers As of the Effective Date, the following Participating Employer(s) are parties to the Plan:

  • Company Participation Subject to Section B.5, the Company shall not be liable to indemnify the Indemnitee under this Agreement with regard to any judicial action if the Company was not given a reasonable and timely opportunity, at its expense, to participate in the defense, conduct and/or settlement of such action.

  • 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.

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