Payment of Financial Contributions Sample Clauses

Payment of Financial Contributions. Harrow will invoice Barnet at the beginning of April each year for the agreed cost of the provision of Public Health Services for Barnet in accordance with the annual expenditure approved by each party as part of the budget setting process. The invoice will be due for payment quarterly in advance including contributions arising from Department of Health grants.
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Payment of Financial Contributions. 44.3.1 At the beginning of each Quarter the Council will present an invoice to the CCG for one quarter of the Financial Contribution due from the CCG to Pooled Fund 1a (Individual Scheme 1 (Protection of Social Care and the Care Act) The CCG will pay the invoices on the due dates for payment, being 1st April, 1st July, 1st October, 1st January of each Financial Year.
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Payment of Financial Contributions. 8.6.1. The CCGs will pay their Financial Contributions to the Host Partner monthly. Each monthly payment will be paid within 12 working days of the start of the month following receipt of an invoice for that payment The Council will transfer their Financial Contribution annually.
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Payment of Financial Contributions. At the beginning of each month the Council will present an invoice to the CCG for one twelfth of the Financial Contribution due from the CCG to Pooled Fund i n r e s p e c t o f p o o l 1a (Individual Scheme 1 (Protection of Social Care and the Care Act), plus one twelfth of the contribution in respect of children’s respite services (Ledbury Road) At the beginning of each quarter the council will present an invoice to the CCG for one quarter of the financial contribution due to the Pooled Fund in respect of children with complex needs. A single annual invoice will be raised by the Council and presented to the CCG in respect of the contributions to the Carer’s Hub and the Children’s Safeguarding board In order to ensure that the CCG complies with national requirements in respect of the carry forward of Financial Year end cash balances, any payments due to the CCG in respect of expenditure from the Pooled Fund during the last month of the Financial Year (March) will be reviewed by the Partners and agreed to be rescheduled for payment to the CCG where indicated by evidence of projected cash balances. All invoices delivered pursuant to this Agreement are to be settled within 5 working days of being issued. In the event that an invoice is disputed and remains unresolved after 60 days of it being disputed, the matter shall be raised for resolution at the next Quarterly finance review undertaken by the Partners. The Partners agree that they shall review and revise the invoicing and payment arrangements set out in this Agreement in line with any guidance issued by NHS England from time to time. Eligibility Criteria Individual Scheme Specifications contain the eligibility criteria for Service Users that relate to each Individual Scheme. Where Service Users may be charged for Services, financial assessments will be undertaken by the Council’s welfare and financial assessments team to ensure that income is collected where appropriate and in accordance with local/national charging policies and guidance. Access to the Pooled Funds The Financial Contributions to minimum fund – Pooled Fund 1a (Protection of Social Care) will be accessible by the Council as Lead Commissioner. Financial Contributions to minimum fund - Pooled Fund 1b (Community Health & Social Care Services Redesign) will be accessible by the CCG as Lead Commissioner. Access to Pooled Fund 2’s Financial Contributions will depend on the Commissioning Arrangements implemented by the Partners but expenditure s...
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Payment of Financial Contributions. 23.1 For the Initial Scheme the Host Partner will invoice the other Partner on a monthly basis for 1/12 of the budgeted annual contribution. The invoice will be raised on the first day of the month for that month and will be due for payment within 21 days. (This will ensure that cash is received before the pay date to staff.)
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Payment of Financial Contributions. 16.1 In the event of any increase (but not decrease) in the CEPF Index as it may pertain to the Highway Works Contribution, the Additional Amount shall be calculated as follows: Each Highway Works Contribution shall be apportioned to the following elements in accordance with the percentage quoted along side each: ELEMENT PERCENTAGE SPLIT Labour 30% Plant 15% Aggregates 5% Bricks 0% Cement 5% Roadstone, etc 25% Gas Oil 10% Timber 5% Steel Reinforcement 5% Metal Sections 0% (TOTAL) (100%) For each such element the following formula shall be applied to the amount of each element: Amount after variation = A x B C Where:- A = the percentage split for that element; B = the CEPF Index for that element at the date of payment; and C = the CEPF Index for that element as at 2 December 2002 being the date when the works were costed by the Council The Additional Amount shall be the sum of all the elements after application of the above formula to the amount of each element less the original Highway Works Contribution to which the above formula has been applied
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Payment of Financial Contributions. 1. Each borough will incur expenditure in relation to the shared arrangements and the cost will then be aggregated and contributions calculated as detailed in section A above. This will mean that there is likely to be a payment due to from one of the boroughs to the other.
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Related to Payment of Financial Contributions

  • FINANCIAL CONTRIBUTIONS 10.1 The Financial Contribution of the CCG and the Council to any Pooled Fund or Non-Pooled Fund for the first Financial Year of operation of each Individual Scheme shall be as set out in the relevant Scheme Specification.

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

  • Financial contribution Methods of payment

  • Payment of Contributions The College and eligible academic staff members shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Annual Contributions □ Check enclosed in the amount of $ representing current contribution for tax year 20 . This contribution does not exceed the maximum permitted amount for the year of contribution as described in the Xxxx XXX Disclosure Statement. If no tax year is indicated, contribution will automatically apply to current year.

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

  • Investment of Contributions At the direction of the Designated Beneficiary (or the direction of the Depositor or the Responsible Individual, whichever applies) 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 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 custodial account 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 Designated Beneficiary (or the Depositor or Responsible Individual), and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Designated Beneficiary.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • 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.

  • Premium Contributions i. Effective March 1, 2014, the Company and employees will contribute toward the premium costs of the NECA Health Plan for eligible Regular employees in accordance with this Section.

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