Common use of Reduction or Insufficient Defined Revenues Clause in Contracts

Reduction or Insufficient Defined Revenues. Should the total of all defined revenue/resources for a contract year be less than the various specified base amounts stated in section A.1 including all sub-sections, LRSA unit members shall bear their proportionate share of such reduced or insufficient funding levels. The bargaining unit's proportionate share reduction shall be based upon its share of eighty percent (80%) of Base, COLA and Growth revenue and/or other revenue reductions.

Reduction or Insufficient Defined Revenues. Should the total of all defined revenue/resources for a contract year be less than or equal to the various specified base amounts stated in section A.1 including all sub-sectionsSection A.1, LRSA unit members shall bear their proportionate share of such reduced or insufficient funding levels. The bargaining unit's proportionate share reduction Such reduced revenues shall be based upon its share of eighty percent (80%) of Base, COLA and Growth revenue and/or other revenue reductionscalculated as specified in this section.