SUPPLEMENTAL PAYMENT AMOUNT Sample Clauses

SUPPLEMENTAL PAYMENT AMOUNT. The Parties agree that for each Tax Year during the term of this Agreement beginning with the Tax Year 2018, which is the Tax Year that includes the date on which the Qualifying Time Period commences under this Agreement as provided in Section 2.3.C.i,, the Applicant’s Supplemental Payment Amount will annually be paid based on the following schedule January 31, 2019 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2020 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2021 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2022 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2023 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2024 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2025 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2026 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2027 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2028 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2029 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2030 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2031 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2032 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year. January 31, 2033 The greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance for the previous school year.
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SUPPLEMENTAL PAYMENT AMOUNT. The Parties agree that for each Tax Year during the term of this Agreement beginning with the Tax Year 2018, which is the Tax Year that includes the date on which the Qualifying Time Period commences under this Agreement as provided in Section 2.3.C.i,, the Applicant’s Supplemental Payment Amount will annually be paid based on the following schedule‌ Date of Payment Amount of Payment January 31, 2019 Equal to the Annual Limit January 31, 2020 Equal to the Annual Limit January 31, 2021 Equal to the Annual Limit January 31, 2022 Equal to the Annual Limit January 31, 2023 Equal to the Annual Limit January 31, 2024 Equal to the Annual Limit January 31, 2025 Equal to the Annual Limit January 31, 2026 Equal to the Annual Limit January 31, 2027 Equal to the Annual Limit January 31, 2028 Equal to the Annual Limit January 31, 2029 Equal to the Annual Limit January 31, 2030 Equal to the Annual Limit January 31, 2031 Equal to the Annual Limit January 31, 2032 Equal to the Annual Limit January 31, 2033 Equal to the Annual Limit
Sample 1
SUPPLEMENTAL PAYMENT AMOUNT. The Parties agree that for each Tax Year during the term of this Agreement beginning with the Tax Year 2018, which is the Tax Year that includes the date on which the Qualifying Time Period commences under this Agreement as provided in Section 2.3.C.i,, the Applicant’s Supplemental Payment Amount will annually be paid based on the following schedule‌‌
Sample 1
SUPPLEMENTAL PAYMENT AMOUNT. Applicant shall pay to the District the Supplemental Payments set forth on the following schedule on the payment due dates shown on the following schedule. TAX YEAR PAYMENT DUE DATE AMOUNT OF ANNUAL PAYMENT
Sample 1
SUPPLEMENTAL PAYMENT AMOUNT. In consideration of your continued employment with the Company, the Company will pay to you, in the event that there occurs a Triggering Event described in Paragraph 4, a one-time supplemental payment in an amount equal to the product obtained by multiplying (A) $120,000 (the “Base Amount”), by (B) the Adjustment Factor. For this purpose, the Adjustment Factor is the fraction attained by dividing (i) the number of full calendar weeks between August 1, 2012 and the date on which a Triggering Event described in Paragraph 4 is first attained, by (ii) fifty-two (52). Notwithstanding anything to the contrary contained herein, in no event shall the supplemental payment contemplated by this Section 3 exceed $50,000. August 1, 2012
Sample 1
SUPPLEMENTAL PAYMENT AMOUNT. SUBJECT TO ANNUAL LIMIT. On or before January 31, 2027 (the payment due date for Tax Year 2026) and continuing thereafter on or before the January 31 of each year for the maximum period permitted under Section 313.027(i) of the TEXAS TAX CODE, except that Applicant agrees to make its final Supplemental Payment for tax year 2040 on or before December 31, 2040, the Applicant shall make a Supplemental Payment to District in an amount equal to the Annual Limit.
Sample 1

Related to SUPPLEMENTAL PAYMENT AMOUNT

  • 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.

  • SUPPLEMENTAL PAYMENT LIMITATION Notwithstanding the foregoing: A. the total of the Supplemental Payments made pursuant to this Article shall not exceed for any calendar year of this Agreement an amount equal to the greater of One Hundred Dollars ($100.00) per student per year in average daily attendance, as defined by Section 48.005 of the TEXAS EDUCATION CODE, or Fifty Thousand Dollars ($50,000.00) per year times the number of years beginning with the first complete or partial year of the Qualifying Time Period identified in Section 2.3.C and ending with the year for which the Supplemental Payment is being calculated minus all Supplemental Payments previously made by the Application; B. Supplemental Payments may only be made during the period starting the first year of the Qualifying Time Period and ending December 31 of the third year following the end of the Tax Limitation Period. C. the limitation in Section 6.2.A does not apply to amounts described by Section 313.027(f)(1)–(2) of the TEXAS TAX CODE as implemented in Articles IV and V of this Agreement. D. For purposes of this Agreement, the calculation of the limit of the annual Supplemental Payment shall be the greater of $50,000 or $100 multiplied by the District’s Average Daily Attendance as calculated pursuant to Section 48.005 of the TEXAS EDUCATION CODE, based upon the District’s Average Daily Attendance for the previous school year.

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

  • Supplemental Pay 1. Percent To Be of Individual Step 2. Supplemental pay shall be computed based on step less $2,000. Head Football, Sr. High 12% High School Band Director 9.5% Ass't Football, Sr. High 8% Play (maximum of 2 plays per year) 3% Head Basketball, Sr. High 12% Musical Vocal 3% Ass't Basketball, Sr. High 8% Musical Drama 3% Head Wrstling, Sr. High 12% Musical Instrumental 1% Ass't Wrestling, Sr. High 8% Intramural Dir. & Supervisor 4% Head Track, Sr. High 10% Head Sponsor Yearbook 4% Ass't Track, Sr. High 7% Head Sponsor STUCO 2.5% Head Volleyball, Sr. High 10% Head Sponsor Senior Class 2.5% Ass't Volleyball, Sr. High 7% Head Sponsor Junior Class 2.5% Head Baseball, Sr. High 10% Dept. Chairman 2.5% Ass't Baseball, Sr. High 7% Head Sponsor Grizzly Spirit 2.5% Head Softball, Sr. High 10% Head Sponsor FBLA 2.5% Ass't Softball, Sr. High 7% Head Sponsor FFA 2.5% Boys' Tennis, Sr. High 8% Head Sponsor HOSA 2.5% Ass't Boys' Tennis, Sr. High 3.5% Head Sponsor FHA 2.5% Girls' Tennis, Sr. High 8% Head Sponsor VICA 2.5% Ass't Girls' Tennis, Sr. High 3.5% Head Scholar's Bowl, Sr. High 5% Xxxx, Xx. High 6% Director of Summer Conditioning 6% Ass't Golf, Sr. High 2.5% Debate 5% Cross Country, Sr. High 8% Forensics 5% Ass't Cross Country, Sr. High 3.5% Swim Coach 6% Ass't Swim Coach 2.5% Varsity Cheerleader Coach 7% Freshmen Cheerleader Coach 5% Dance Team Sponsor 5% 7th & 8th Football 6% 7th & 8th Head Scholar's Bowl 3% 7th & 8th B. Basketball 6% Elementary Yearbook Sponsor 3% 7th & 8th G. Basketball 6% Elementary Music/Band 1.5% 7th & 8th Volleyball 6% 7th & 8th Track 6% 7th & 8th Wrestling 6% Jr. High Cheerleader Sponsor 7th & 8th Ass't Coach 5% Supplemental pay for travel relative to multiple school assignments on the same school day shall be the prevailing state rate per mile, on August 1 of the current school year, for the predetermined district calculation of distance traveled from an assigned school to the next assigned school in the same school day. Travel payments shall be paid monthly for actual predetermined total miles driven by the teacher assigned to multiple buildings in a single school day, for the time period beginning the 1st of each month and concluding the last day of the same month prior to each district monthly payroll date. Altamont to Xxxxxxxx 14.06 Xxxxxxxx to Xxxx 9.76 Altamont to Xxxx 13.02 Xxxxxxxx to Xxxxx Xxxxxx 00.00 Xxxxxxxx to Meadow View 7.96 Xxxx to Xxxxx Xxxxxx 00.00 Xxxxxxxx to Mound Valley 7.46 Xxxxxxxx to LCHS 13.98 Meadow View to Xxxxxxxx 20.92 Xxxx to LCHS 13.22 Meadow View to Xxxx 20.72 Meadow View to LCHS 7.87 Meadow View to Xxxxx Xxxxxx 00.00 Xxxxx Xxxxxx to LCHS 7.66 Supplemental Pay for building level technology support and committee meetings that meet beyond the duty day and are assigned or approved in advance by the superintendent shall be compensated at $10 per hour. Supplemental Pay Summer Trip Sponsors: Sponsors who sponsor approved summer state and national trips shall be paid at the rate of $72 per day except that if the sponsor is on an extended contract the trip days to be sponsored may, at the discretion of the superintendent, be traded for extended contract days. Supplemental Pay In-School Suspension Supervising: Teachers who supervise, at the request of the building administrator, the in-school suspension after the close of the school day shall be paid at the rate of $6 per hour for the time, they supervise the students being detained. Supplemental Pay Summer School: Supplemental pay for summer school shall be at the Board approved daily substitute teacher amount for a workday no less than five (5) hours. Supplemental Pay for Curriculum Development: Supplemental pay for approved curriculum development outside the contract day shall be eleven ($11) dollars per hour employed. Supplemental Pay for Summer Institute: As funds are available annually and approved by the Board of Education, the superintendent and/or his/her designee, in consultation with the Professional Development Committee, shall schedule an in-district professional learning opportunity designated “Summer Institute” for certified staff members. Participation shall be voluntary; however, those certified staff members choosing to voluntarily participate in Summer Institute, may be required by the superintendent to participate in all or a majority of the scheduled professional learning opportunities as a condition of being allowed to participate in Summer Institute. Certified staff members choosing to participate in Summer Institute shall be compensated at a rate of no less than eleven ($11) dollars per hour. Based upon an annual review of available funding, the superintendent may recommend to the Board, a Summer Institute hourly payment, which may exceed eleven ($11) dollars per hour. Said payment, as recommended by the superintendent and Board approved, shall not obligate the Board to similar payments in future years. The Board approved payment amount for Summer Institute shall be made only to those certified staff members participating in the designated Summer Institute professional learning opportunity. Certified staff members shall not substitute other professional learning opportunities for Summer Institute payment. Supplemental Pay for Summer Driver Education: Driver’s Education instructors will be paid $150.00 per student. Supplemental Pay for National Board-Certified Teachers: The Board shall pay a $1000 annual stipend for National Board for Professional Teaching Standards, National Board-Certified Teachers during the life of the NBPTS license. This stipend shall be in addition to any state stipend for same. Professional Learning Communities: The district will provide transportation to teachers required to attend Professional Learning Community meetings in any town that is not their home school.

  • Payment Amounts The aggregate Payments to be made in a fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, for the Payments due on December 1, 2026 and on June 1, 2027, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 2025). Furthermore, the amount of each such Payment shall not exceed the Annual Percentage of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Marshall County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding such Payment due date.

  • Agreement Amount The District shall pay ESD112 an amount not to exceed two thousand four hundred dollars ($2,400.00) for up to twenty (20) hours of services provided under this Agreement as described in Section 1.1 above and Section 4 below.

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Interest Amount Unless otherwise specified in Paragraph 11(f)(iii), the Transferee will transfer to the Transferor at the times specified in Paragraph 11(f)(ii) the relevant Interest Amount to the extent that a Delivery Amount would not be created or increased by the transfer, as calculated by the Valuation Agent (and the date of calculation will be deemed a Valuation Date for this purpose).

  • Down Payment The Mortgagor has contributed at least 5% of the purchase price for the Mortgaged Property with his/her own funds.

  • Rental Payment Commencing on the Commencement Date, Tenant agrees to pay Rent (defined below) in monthly installments on or before the first day of each calendar month during the Term, in lawful money of the United States of America to the following address or to such other address as Landlord may designate from time to time in writing: Cousins Fund II Phoenix III, LLC, X.X. Xxx 000000, Xxxxxx, XX 00000-0000; provided, however, that the first full monthly installment of Base Rent due after the Abatement Period shall be paid in advance on the date of Tenant’s execution of this Lease and shall be applied to the first full monthly installment of Base Rent due hereunder after the expiration of the Abatement Period. Tenant agrees to timely pay all Base Rent, Additional Rent, defined below, and all other sums of money which become due and payable by Tenant to Landlord hereunder (collectively “Rent”), without abatement, demand, offset, deduction or counterclaim except as provided herein. If Tenant fails to pay part or all of the Rent within five (5) days after it is due, Tenant shall also pay (i) interest at the Default Rate, defined below or the maximum then allowed by law, whichever is less, on the unpaid Rent, plus (ii) a late charge equal to five percent (5%) of the unpaid Rent; provided, however, that Landlord is required to provide Tenant with written notice of such failure and a five (5) day period within which to cure such failure one (1) time during each calendar year of the Term before it can impose the late charge on Tenant. Landlord may assess a reasonable fee to Tenant for any checks made payable to Landlord that are returned unpaid by Tenant’s bank for any reason. If the Term does not begin on the first day of a calendar month, the installment of Rent for that partial month shall be prorated.

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