Partner Unitary Charge Adjustment Sample Clauses

Partner Unitary Charge Adjustment. When both the total Unitary Charge payments made by the Authority to the Contractor under the Project Agreement for the Contract Year 'y' and the total Partner Unitary Charges (PUCy) for the Contract Year 'y' are known, a reconciliation exercise will be undertaken to ensure that the total Partner Unitary Charges (PUCy) calculated using the bands in Clause 4A of this Agreement do not add up to more than the actual total Unitary Charge payments made by the Authority to the Contractor under the Project Agreement for the Contract Year 'y'. The reconciliation will consider:
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Related to Partner Unitary Charge Adjustment

  • Wage Adjustments If the funding available to be used for wages provided by Government in any fiscal year increases, the Employer shall pass on such increases to employees consistent with the funding increase adjusted for any additional deficits that this contract incurs. This will be the case whether the funding increase is for the entire year or simply a portion of it, and wage increases shall be effective upon the effective date of the increased funding. Should there be no increase provided by Government, wages will be maintained at their present levels. Should there be a decrease in funding, then the Employer will maintain wages at present levels. The Employer will promptly provide the Union with any information it receives from the Government regarding funding available for wages, and the parties will meet as required to work towards cooperative resolution of any issues arising from this Government information.

  • FORCE ADJUSTMENT Section 1. In the event that the Company determines that a surplus exists and a decrease in the work force becomes necessary, the Company will first advise the Union in writing prior to notifying the affected employee(s). The affected employee(s) will be notified not less than thirty (30) calendar days prior to the date the employee(s) is to be laid off. In matters involving the surplus of fifty (50) or more employees at a single location, the Company will provide the employees sixty (60) days advance notice of the surplus.

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