Personal Property Loss Fund Sample Clauses

Personal Property Loss Fund. The Board agrees to maintain a Personal Property Loss Fund of $10,000. Guidelines for utilization of the fund shall be in compliance with Board Policies governing such expenditure of funds. Loss or damage to personal property (exclusive of personal vehicle, cash, and tools) during the regular working day is to be covered. The parties further agree to establish, jointly, guidelines for the administration of the Personal Property Loss Fund.
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Personal Property Loss Fund. A. The BOARD agrees to establish a fund of $500.00 to be used in settling claims of teachers for loss or damage to their personal property brought to their work location to be used in their work assignment, if prior written notification has been given to the administrator, or if it is required in a teacher's assignment. B. The claim shall be filed with the Superintendent setting forth the extent of the loss or damage, the absence of the employee's negligence and lack of insurance coverage. C. If the total claims for the year exceed the fund, each shall be covered on a prorated basis. D. Personal property shall not include cash. Also, all claim settlements shall be based on fair market value and no claim shall be filed on a loss less than $5.00.
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Personal Property Loss Fund. The Board agrees to allocate to a Personal Property Loss Fund the amount of $6,000 per fiscal year. Guidelines for utilization of the fund shall be in compliance with Board Policies governing such expenditure of funds. Loss or damage to personal property (exclusive of personal vehicle and cash) during working hours is to be covered. The parties further agree to establish, jointly, guidelines for the administration of the Personal Property Loss Fund. Reimbursement for stolen or damaged personal property shall be in the amount of documented actual replacement cost provided, however, that such reimbursement shall not exceed the amount of $400.00 per claim per employee each fiscal year. This contract provision is effective upon ratification (December 10, 2014).
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Personal Property Loss Fund. The Board agrees to allocate to a Personal Property Loss Fund the amount of $9,000 per fiscal year. Guidelines for utilization of the fund shall be in compliance with Board Rules governing such expenditure of funds. Loss or damage to personal property (exclusive of cash) during the regular working day is to be covered. A claim for damage to a personal vehicle must be accompanied by a police report and the incident must have taken place adjacent to or on School Board property while the employee was on official M-DCPS business. Claims for loss or damage to personal property must be submitted within 30 working days of occurrence. Reimbursement for loss or damage to personal property referenced above shall be in the amount of documented actual replacement cost provided, however, such reimbursement shall not exceed the amount of $500.00 per claim. This amount becomes effective following School Board ratification of the 2006-2009 Successor Labor Contract (February 14, 2007) and covers loss or damage to personal property which occur following the ratification date.
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Personal Property Loss Fund. The Board agrees to allocate to a Personal Property Loss Fund the amount of $9,000 per f iscal year. Guidelines for utilization of the fund shall be in compliance w ith Board Rules governing such expenditure of funds. Loss or damage to personal property (exclusive of cash) during the regular w orking day is to be covered. A claim for damage to a personal vehicle must be accompanied by a police report and the incident must have taken place adjacent to or on School Board property w xxxx the employee w as on official M-DCPS business. Claims for loss or damage to personal property must be submit xxx w ithin 30 w orking days of occurrence. Reimbursement for loss or damage to personal property referenced above shall be in the amount of documented actual replacement cost provided, how ever, such reimbursement shall not exceed the amount of $500.00 per claim. This amount becomes effective follow ing School Board ratification of the 2006 -2009 Successor Labor Contract (February 14, 2007) and covers loss or damage to personal property w hich occur follow ing the ratification date.
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Related to Personal Property Loss Fund

  • Real Property; Personal Property (a) On the Disaffiliation Date, Local Church will have full title and ownership of the Real Property and Personal Property. The parties shall ensure all necessary transfers or other transactions relating to the above properties are completed on or prior to the Disaffiliation Date. Any costs resulting from such transfers or other transactions shall be borne by Local Church. Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church. (b) At Closing, the Annual Conference shall deliver to the Local Church: (i) the Deed(s) quitclaiming and releasing all interest of the Annual Conference in the Real Property to the Local Church; (ii) the Bill of Sale conveying all the interest of the Annual Conference in the Personal Property to the Local Church; and, (iii) a FIRPTA certificate.

  • Leased Personal Property Other than Personal Property owned by the Company or the Company Subsidiary, the Company or the Company Subsidiary has good and valid leasehold title to all of the tangible personal property Assets used by the Company or the Company Subsidiary, free and clear of any and all Encumbrances other than Permitted Encumbrances which would not permit the termination of the lease therefor by the lessor. Disclosure Schedule 3.9(c) sets forth all Leases for personal property. With respect to each Lease listed on Disclosure Schedule 3.9(c), (i) there has been no breach or default under such Lease by the Company, the Company Subsidiary or by any other party, (ii) the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby will not cause (with or without notice and with or without the passage of time) a default under any such Lease, (iii) such Lease is a valid and binding obligation of the applicable lessor, is in full force and effect and is enforceable by the Company or the Company Subsidiary in accordance with its terms, (iv) no action has been taken by the Company or the Company Subsidiary and no event has occurred which, with notice or lapse of time or both, would permit termination, modification or acceleration by a party thereto other than by the Company or the Company Subsidiary without the consent of the Company or the Company Subsidiary, (v) no party has repudiated any term thereof or threatened to terminate, cancel or not renew any such Lease, and (vi) neither the Company nor the Company Subsidiary has assigned, transferred, conveyed, mortgaged or encumbered any interest therein or in any leased property subject thereto (or any portion thereof).

  • Personal Property In addition to the real property described in Section II, the Seller shall include the following personal property:

  • Personal Property Leases Schedule 5.13 contains a brief description of each lease or other agreement or right, whether written or oral (including in each case the monthly rental, the expiration date thereof and a brief description of the property covered), under which Seller is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property owned by a third Person and used in or relating to the Business.

  • PERSONAL PROPERTY TAX All personal property taxes will be paid by Contractor.

  • Personal Property Taxes (a) Lessee shall pay prior to delinquency all taxes assessed against and levied upon trade fixtures, furnishings, equipment and all other personal property of Lessee contained in the Premises or elsewhere. When possible, Lessee shall cause said trade fixtures, furnishings, equipment and all other personal property to be assessed and billed separately from the real property of Lessor. (b) If any of Lessee's said personal property shall be assessed with Lessor's real property, Lessee shall pay Lessor the taxes attributable to Lessee within 10 days after receipt of a written statement setting forth the taxes applicable to Lessee's property.

  • Personal Property Insurance Lessee shall obtain, at Lessee's sole cost and expense, a policy of fire and extended coverage insurance including coverage for direct physical loss special form, and a sprinkler leakage endorsement insuring the personal property of Lessee. The proceeds from any personal property damage policy shall be payable to Lessee. All insurance policies required in 6 C) and 6 D) above shall: (i) provide for a certificate of insurance evidencing the insurance required herein, being deposited with Lessor ten (10) days prior to the Commencement Date, and upon each renewal, such certificates shall be provided 15 days prior to the expiration date of such coverage, (ii) be in a form reasonably satisfactory to Lessor and shall provide the coverage required by Lessee in this Lease, (iii) be carried with companies with the a Best Rating of A minimum, (iv) specifically provide that such policies shall not be subject to cancellation or reduction of coverage, except after 30 days prior written notice to Lessor, (v) name Lessor, Lessor's lender, and any other party with an insurable interest in the Premises as additional insureds by endorsement to policy, and (vi) shall be primary. Lessee agrees to pay to Lessor, as additional Rent, on demand, the full cost of the insurance policies referenced in 6 A) and 6 B) above as evidenced as insurance xxxxxxxx to Lessor which shall be included in the CAC. If Lessee does not occupy the entire Premises, the insurance premiums shall be allocated to the portion of the Premises occupied by Lessee on a pro-rata square footage or other equitable basis, as determined by Lessor. It is agreed that Lessee's obligation under this paragraph shall be prorated to the reflect the Commencement Date and the end of the Lease Term. Lessor and Lessee hereby waive any rights each may have against the other related to any loss or damage caused to Lessor or Lessee as the case may be, or to the Premises or its contents, and which may arise from any risk covered by fire and extended coverage insurance and those risks required to be covered under Lessee's personal property insurance. The parties shall provide that their respective insurance policies insuring the property or the personal property include a waiver of any right of subrogation which said insurance company may have against Lessor or Lessee, as the case may be.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or JLL, which consent may be withheld in the Owner’s sole discretion.

  • Personal Property Damage Upon submission of reasonable proof the Employer shall repair or indemnify with respect to damage to the chattels of an employee while on duty caused by the actions of a patient, resident or client provided such personal property is an article of use or wear of a type suitable for use while on duty.

  • Property and Equipment All property and equipment purchased by CONTRACTOR with funds received under this Agreement, or purchased on behalf of CONTRACTOR for the program site(s) covered under this Agreement, shall be insured by CONTRACTOR at replacement value against fire, theft, and destruction equal to the full replacement cost.

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