Ratification Lump Sum Payment Sample Clauses

Ratification Lump Sum Payment. Upon verification of ratification of this successor MOU, the University will provide each House Staff individual covered by this MOU a one-time lump sum payment in an amount equal to $1,700. This one-time lump sum payment will be provided to the recipients in the February 2022 payment. * For academic year 2021-22, the PGY salary scale increase shall be implemented within sixty (60) days of ratification of this agreement with an effective date of December 1, 2021. ** For academic year 2021-2022, the $8,000 annualized lump sum Housing Stipend payment (less the $3,000 already paid in Fall 2021), will be paid in a lump sum payment in the February 2022 payment. *** In order to be deemed eligible to receive any of the lump sum payments detailed in this MOU, a House Staff individual must be active in a trainee appointment at the time of the ratification of this agreement and at the time of any payment called for in this agreement.
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Ratification Lump Sum Payment a. Each GA Educator shall receive a one-time, non-base building, non-UCRP eligible payment of $1500 Ratification Lump Sum Payment, paid no later than April 1, 2022.
Sample 1
Ratification Lump Sum Payment a. Each Unit 18 faculty member shall receive a one-time, non-base building, non-UCRP eligible payment of $1500 Ratification Lump Sum Payment, paid no later than the first full pay period following sixty (60) calendar days from the date of ratification.
Sample 1

Related to Ratification Lump Sum Payment

  • Lump Sum Payment Upon award of the contract for this improvement, the LA will pay to the STATE, in lump sum, an amount equal to 80% of the LA’s estimated obligation incurred under this Agreement, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs. Method B - Monthly Payments. Upon award of the contract for this improvement, the LA will pay to the STATE, a specified amount each month for an estimated period of months, or until 80% of the LA’s estimated obligation under the provisions of the Agreement has been paid, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs.

  • SUPPLEMENTAL PAYMENTS Applicant shall make annual Supplemental Payments in an amount equal to, but not to exceed, the limit of the annual Supplemental Payment as set out Section 6.2 below, starting with the first complete or partial year of the Qualifying Time Period and accruing on January 1 of each year thereafter, and continuing through the third year following the end of the Tax Limitation Period.

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