Retirement Costs Clause Samples

Retirement Costs. Each of the New Common Facilities Owners shall be responsible for paying its pro rata share (based on its Total Component Ownership Interest in each Component being retired) of the aggregate amount of all costs and expenses prudently incurred to retire permanently each Component from service, including decommissioning, dismantling, demolishing and removal of equipment, facilities and structures, security, maintenance, disposing of debris, abandonment and all other costs and expenses prudently incurred to retire permanently each Component from service, net of any amounts recovered in connection with the sale of any retired equipment, facilities and structures.
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Retirement Costs. Each of the Unit 1 Owners shall be responsible for paying its pro rata share (based on its Unit 1 Ownership Interest) of the aggregate amount of all costs and expenses prudently incurred to retire permanently Unit 1 from service, including decommissioning, dismantling, demolishing and removal of equipment, facilities and structures, security, maintenance, disposing of debris, abandonment and all other costs and expenses prudently incurred to retire permanently Unit 1 from service, net of any amounts recovered in connection with the sale of any retired equipment, facilities and structures.
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Retirement Costs. All costs (less salvage credits, if any) associated with retirement of ▇▇▇▇▇▇▇ County Unit 1 and the ▇▇▇▇▇▇▇ County General Plant Facilities and the ▇▇▇▇▇▇▇ County Site as they pertain to ▇▇▇▇▇▇▇ County Unit 1, including, without limitation, dismantling, demolishing, and removal of equipment, facilities, and structures; security; maintenance; disposing of debris; and any site work necessary to lawfully and responsibly effect such retirement, shall be . shared by the Parties in proportion to their respective percentage ownership interests in ▇▇▇▇▇▇▇ County Unit 1. Payments for these costs (less salvage credits, if any) as they are expected to be incurred, shall be made in accordance with the provisions of Article 8. If such salvage credits exceed such costs, the difference shall be shared by the Parties In proportion to their respective percentage ownership interests In ▇▇▇▇▇▇▇ County Unit 1.
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Retirement Costs. Each of the Participants shall be responsible for paying its pro rata share (based on its Ownership Interest at the time of retirement of the Plant) of the aggregate amount of all costs and expenses prudently incurred to retire permanently the Plant or any Unit, as applicable, from service, including decommissioning, dismantling, demolishing and removal of equipment, facilities and structures, security, maintenance, disposing of debris, abandonment and all other costs and expenses incurred to retire permanently the Plant or any Unit, as applicable, from service, net of any amounts recovered in connection with the sale of any retired equipment, facilities and structures.
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Retirement Costs. 42 ARTICLE XI OWNERS’ VOTING RIGHTS.............................................................................42
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Retirement Costs. All costs (less salvage credits, if any) associated with retirement of the ▇▇▇▇▇▇▇ County Unit 2 Project or portions thereof including: dismantling, demolishing, and removal of equipment, facilities, and structures (including the cost of transportation and handling incidental thereto); security; maintenance; disposing of debris; and any site work necessary to lawfully and responsibly effect such retirement, shall be shared by the Parties in proportion to their respective Percentages. Payments for these costs (less salvage credits, if any) as they are incurred, shall be made in accordance with the provisions of Article 10. If such salvage credits exceed such costs, the difference shall be shared by the Parties in proportion to their respective Percentages.
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Retirement Costs. Costs incurred on the dismissal or early retirement of ALW Staff other than Reorganisation Costs and Exit Redundancy Costs: Exit Redundancy Costs: Redundancy and dismissal costs which may be
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Retirement Costs. All costs (less salvage credits, if any) associated with retirement of the Facility or portions thereof including dismantling, demolishing, and removing equipment, facilities, and structures (including the cost of transportation and handling incidental thereto); security; Maintenance; disposing of debris; and any site work necessary to lawfully and responsibly effect such retirement and the costs of any remediation, site restoration or monitoring shall constitute Operating Expenses and shall be shared by the Participants in proportion to their respective Percentages. Payments for these costs shall be made as reasonably directed by the Management Committee.
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Retirement Costs. The Group operates a defined contribution retirement benefits scheme for those employees who are eligible to participate in the scheme. The assets of the scheme are held separately from those of the Group in an independently administered fund. Contributions are made based on a percentage of the participating employees’ basic salaries and are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. When an employee leaves the scheme prior to his/her interest in the employer’s contributions becoming fully vested, the amount is forfeited and recognised to the profit and loss account when refunded.
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Related to Retirement Costs

  • Retirement Allowance Prior to issuing notice of layoff pursuant to article 9.08(a)(ii) in any classification(s), the Hospital will offer early-retirement allowance to a sufficient number of employees eligible for early retirement under HOOPP within the classification(s) in order of seniority, to the extent that the maximum number of employees within a classification who elect early retirement is equivalent to the number of employees within the classification(s) who would otherwise receive notice of layoff under article 9.08(a)(ii). An employee who elects an early retirement option shall receive, following completion of the last day of work, a retirement allowance of two weeks' salary for each year of service, plus a prorated amount for any additional partial year of service, to a maximum ceiling of 26 weeks' salary, and, in addition, full-time employees shall receive a single lump-sum payment equivalent to $1,000 for each year less than age 65 to a maximum of $5,000 upon retirement."

  • ALPS Compensation; Expenses (a) In consideration for the services to be performed hereunder by ALPS, the Trust on behalf of the Fund shall pay ALPS the fees listed in Appendix C hereto. Notwithstanding anything to the contrary in this Agreement, fees billed for the services to be performed by ALPS under this Agreement are based on information provided by the Fund’s investment adviser and such fees are subject to renegotiation between the parties hereto to the extent such information is determined to be materially different from what the Fund’s investment adviser originally provided to ALPS. During each year of the term of this Agreement, unless the parties shall otherwise agree and provided that the service mix and volumes remain consistent with those provided in the previous year of this Agreement, the fee that would be charged for the same services would be the base fee rate (as reflected in Appendix C) subject to an annual cost of living adjustment based on the Consumer Price Index for Urban Wage Earners and Clerical Workers, for the Denver-Boulder-Greeley area, as published bimonthly by the United States Department of Labor, Bureau of Labor Statistics, or, in the event that publication of such index is terminated, any successor or substitute index, appropriately adjusted, acceptable to all parties. (b) ALPS will bear all expenses in connection with the performance of its services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Fund personnel. Other Fund expenses incurred shall be borne by the Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; transfer agency and custodial expenses; interest; Trust trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Fund existence; printing and delivery of materials in connection with meetings of the Trust’s trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information other offering documents, supplements, proxy materials and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)