Semi-Annual Plan Sample Clauses

Semi-Annual Plan. This plan allows Member to pay 50% of the cost of their Tickets for the following Season on the First Payment Date, and to pay the remaining balance on a second payment date as specified at the time of purchase. These payments may be made using a Credit Card, Visa debit, Mastercard debit or electronic funds transfer.
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Semi-Annual Plan. This plan allows Members to pay 50% of the cost of their Membership for the following Season on or before the First Payment Date, and to pay the remaining balance on payment date referenced in the Membership invoice/Notice. These payments may be made using a Credit Card or cheque.
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Semi-Annual Plan. (a) No later than March 1 and September 1 of each year, the Manager shall prepare for the Approval of all of the Members for a six-month period of the Fiscal Year a business plan (the “Semi-Annual Plan”) for the next six months of the Fiscal Year, setting forth as separate budget components: (I) the Semi-Annual O&M Budget, and (II) the Semi-Annual Capital Budget. At a minimum, each component of the Semi-Annual Plan shall set out the estimated receipts (including any additional capital contributions), expenditures (capital, operating and other) and Reserves of the Company in sufficient detail to provide an estimate of cash flow, capital proceeds, and other financial requirements of the Company for the next six months of the Fiscal Year. Any such Semi-Annual Plan shall also include such other information or other matters necessary in order to inform the Members of the Company’s business and to enable the Members to make an informed decision with respect to their Approval of such Semi-Annual Plan. The Members shall review the proposed Semi-Annual Plan and shall offer any revisions thereto within thirty (30) days. Each separate budget component of the Semi-Annual Plan may be approved independently of any other budget component and each separate capital project in the Semi-Annual Capital Budget may be approved independently of any other capital project. The Members shall endeavor to Approve the Semi-Annual Plan within seventy-five (75) days. If the Members are not able to Approve the Semi-Annual O&M Budget for any six month period within such seventy-five (75) day period, each line item in the Semi-Annual O&M Budget for the next six month period shall be increased by the percentage increase in the CPI Index from the first day for which the previous Semi-Annual O&M Budget was in effect to the most recently available CPI Index, and the resulting plan shall be the Semi-Annual O&M Budget for the next six month period. If the CPI Index is discontinued or revised during the term of this Agreement, such other government index or computation with which it is replaced shall be used in order to obtain substantially the same result as would be obtained if the CPI Index had not been discontinued or revised. If the CPI Index is not replaced with any other government index or computation, then the Members shall, in good faith, agree on a suitable substitute. If the Members are not able to Approve any capital project within the Semi-Annual Capital Budget within such seventy-f...
Sample 1
Semi-Annual Plan. As defined in Section 5.12.
Sample 1
Semi-Annual Plan. During Mechanical Department Labour/Management meetings in January and June of each year, the Chief Mechanical Officer will present a written plan to the Local Union representatives. The plan will provide details on proposed changes to Mechanical operations, staff, equipment, maintenance policies, etc. for the following six month period. The report will contain, but is not limited to changes in the following areas: - Traffic fluctuations - Train operations - Staff level changes by craft at each location (does not include normal fluctuations within work areas) - Rolling stock additions or retirements - Major projects - Changes to maintenance policies - Ship machinery purchases - Contract work - Contracting out - Administrative policies Any significant changes in plans that may be initiated between formal presentation dates will be presented to the union representatives at the earliest possible date. This information is presented to the union representatives as a means of keeping them informed of planned changes which may affect their members and to allow them to make recommendations on same. Provision of the Semi Annual Plan will not supersede or alter the provisions of the Collective Agreement. Yours truly,
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Related to Semi-Annual Plan

  • Annual Plan On or before November 1 of each calendar year during the Term, Manager shall prepare and submit to Owner for its approval a proposed annual plan for the promotion, operation, leasing, repair and maintenance of the Project for each calendar year (the "Proposed Annual Plan"). For purposes of this Agreement, a "Fiscal Year" shall mean a calendar year beginning on the first day of January and ending on the last day of December. The Annual Plan for the remaining portion of Fiscal Year 2003 is attached hereto as Exhibit "A".

  • Base Annual Salary “Base Annual Salary” means the greater of (1) the highest annual rate of base salary in effect for the Executive during the 12 month period immediately prior to a Change in Control or, (2) the annual rate of base salary in effect at the time Notice of Termination is given (or on the date employment is terminated if no Notice of Termination is required).

  • OPTIONAL TWELVE-MONTH PAY PLAN 1. Where the Previous Collective Agreement does not contain a provision that allows an employee the option of receiving partial payment of annual salary in July and August, the following shall become and remain part of the Collective Agreement. 2. A continuing employee, or an employee hired to a temporary contract of employment no later than September 30 that extends to June 30, may elect to participate in an Optional Twelve-Month Pay Plan (the Plan) administered by the employer. 3. An employee electing to participate in the Plan in the subsequent year must inform the employer, in writing, on or before June 15. An employee hired after that date must inform the employer of their intention to participate in the Plan by September 30th. It is understood, that an employee appointed after June 15 in the previous school year and up to September 30 of the subsequent school year, who elects to participate in the Plan, will have deductions from net monthly pay, in the same amount as other employees enrolled in the Plan, pursuant to Article B.8.5. 4. An employee electing to withdraw from the Plan must inform the employer, in writing, on or before June 15 of the preceding year. 5. Employees electing to participate in the Plan shall receive their annual salary over 10 (ten) months; September to June. The employer shall deduct, from the net monthly pay, in each twice-monthly pay period, an amount agreed to by the local and the employer. This amount will be paid into the Plan by the employer. 6. Interest to March 31 is calculated on the Plan and added to the individual employee’s accumulation in the Plan. 7. An employee’s accumulation in the Plan including their interest accumulation to March 31st shall be paid in equal installments on July 15 and August 15. 8. Interest earned by the Plan in the months of April through August shall be retained by the employer. 9. The employer shall inform employees of the Plan at the time of hire. 10. Nothing in this Article shall be taken to mean that an employee has any obligation to perform work beyond the regular school year.

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Plan Annual Reports Promptly and in any event within 30 days after the filing thereof with the Internal Revenue Service, copies of each Schedule B (Actuarial Information) to the annual report (Form 5500 Series) with respect to each Plan.

  • Sick Leave Annual Cash Out ‌ Each January, employees are eligible to receive cash on a one (1) hour for four (4) hours basis for ninety-six (96) hours or less of their accrued sick leave, if: A. Their sick leave balance at the end of the previous calendar year exceeds four hundred and eighty (480) hours; B. The converted sick leave hours do not reduce their previous calendar year sick leave balance below four hundred and eighty (480) hours; and C. They notify their payroll office by January 31st that they would like to convert their sick leave hours earned during the previous calendar year, minus any sick leave hours used during the previous year, to cash. All converted hours will be deducted from the employee’s sick leave balance.

  • Annual Shall be once (1) per year. All work to be performed on an annual basis shall be performed during the fourth full week of the first month of the year. The first annual period shall commence upon the effective date of the Contract and all subsequent annual periods shall commence on one (1) year intervals thereafter.

  • ALTERNATE SCHOOL CALENDAR 1. In this article, an alternative school calendar is a school calendar that differs from the standard school calendar as specified in Schedule 1 (Supplement) of the School Calendar Regulation 114/02. 2. When a school district intends to implement an alternate school calendar, written notification shall be provided to the local no later than forty (40) working days prior to its implementation. The employer and the local shall meet within five (5) working days following receipt of such notice to negotiate modifications to the provisions of the agreement that are directly or indirectly affected by the proposed change(s). The aforesaid modifications shall preserve, to the full legal extent possible, the original intent of the agreement. 3. The process outlined below in Article D.6.4 through Article D.

  • Minimum Annual Royalty Beginning in the calendar year after the first occurrence of SALEs, and in each succeeding calendar year thereafter, LICENSEE will pay to REGENTS a minimum annual royalty of [Written amount] U.S. Dollars ($ Number) for the life of this AGREEMENT. This minimum annual royalty will be paid to REGENTS by February 28 of each year and will be credited against the earned royalty due and owing for the calendar year in which the minimum payment is made.

  • Contract Duration and Annual Salary 1. The College hereby employs the Administrator in the capacity of Director - Marketing Services, Associate Professor for one year, commencing on July 1, 2024 and terminating on June 30, 2025. The Administrator accepts such employment on the conditions hereinafter set forth, and any applicable provisions of the Board of Trustees Policy Manual. In the event of conflict between Board Policy and this Contract, the Contract shall govern. 2. For the 2024-2025 contract year, the Administrator shall receive an annual salary of $178,054.00 subject to applicable deductions, to be paid in bi-weekly installments as full compensation for all rights granted and service performed under this Contract.

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