School District Maximum Obligation Sample Clauses

School District Maximum Obligation. Notwithstanding any other provisions of the article, the School District’s maximum obligation to severance pay shall not exceed the sum of $800,000 in any one fiscal year. In the event that application of eligible teachers submitted pursuant to this article would otherwise constitute a liability to the School District in excess of the limitations as contained in this section, the amount each teacher would be eligible to receive under the terms of this article shall be reduced to proportionate share of the School District’s annual liability not withstanding Section 2, Subd. 2 of this Article. However, those teachers, if any, receiving a reduced proportionate share in one fiscal year will have priority to receive the reduced amount in the following fiscal years prior to any teachers resigning and eligible in the subsequent year. For example, if the total dollars which are payable for severance is $850,000 the following formula would determine the percentage of the total severance pay each teacher would receive: $800,000 / $850,000 = ( x) (x) is then applied to the full amount of eligible severance for an individual
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Related to School District Maximum Obligation

  • MAXIMUM OBLIGATION ‌ The total Maximum Obligation of County to the Subrecipient for the cost of services provided in accordance with this Contract is $ 350,000, with individual Maximum Obligation budgets for each Fiscal Year as further detailed in the Budget Schedule, identified and incorporated herein by this reference as Attachment “C”.

  • Increasing Seat Belt Use in the United States Pursuant to Executive Order 13043, 62 FR 19217 (Apr. 18, 1997), Recipient should encourage its contractors to adopt and enforce on-the- job seat belt policies and programs for their employees when operating company-owned, rented or personally owned vehicles.

  • School District For purposes of administering this Agreement, the term "School District" shall mean the School Board or its designated representative.

  • SCHOOL DISTRICT RIGHTS Section 1. Inherent Managerial Rights 2 Section 2. Management Responsibilities 2 Section 3. Effect of Laws, Rules and Regulations 2 Section 4. Reservation of Managerial Rights 2

  • Regulation of School District Expenses The Board regulates the reimbursement of all travel, meal, and lodging expenses in the District by resolution. No later than approval of the annual budget and when necessary, the Superintendent will recommend a maximum allowable reimbursement amount for expenses to be included in the resolution. The recommended amount should be based upon the District's budget and other financial considerations.

  • Maximum Obligation Contract Enter total maximum obligation for total duration of this contract (or new total if Contract is being amended). $ . PROMPT PAYMENT DISCOUNTS (PPD): Commonwealth payments are issued through EFT 45 days from invoice receipt. Contractors requesting accelerated payments must identify a PPD as follows: Payment issued within 10 days % PPD; Payment issued within 15 days % PPD; Payment issued within 20 days % PPD; Payment issued within 30 days % PPD. If PPD percentages are left blank, identify reason: agree to standard 45 day cycle statutory/legal or Ready Payments (M.G.L. c. 29, § 23A); only initial payment (subsequent payments scheduled to support standard EFT 45 day payment cycle. See Prompt Pay Discounts Policy.)

  • Seat Belt Use The Recipient agrees to implement Executive Order No. 13043, “Increasing Seat Belt Use in the United States,” April 16, 1997, 23 U.S.C. § 402 note, (62 Fed. Reg. 19217), by:

  • CHECK-OFF UNION DUES 5.1 The Corporation shall, subject to the conditions and exceptions set forth hereunder, deduct on the payroll for the first pay period of each month from wages due and payable to each employee coming within the scope of this Collective Agreement, an amount equal to the prevailing monthly dues of the Union and shall remit the same by cheque (accompanied by a statement of deductions from individuals) to the Union Local Secretary- Treasurer, not later than twenty (20) days following the pay period in which the deductions are made.

  • District Obligations District shall:

  • TRAVELLING ZONE EXPENSES 1.01 Work performed outside the city limits shall be termed Out-of-Town Work.

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