Common use of Times of Payment of Apportioned Costs Clause in Contracts

Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(B), of the capital and operating costs. Except as otherwise provided in subsection VI(A), the annual share of each member town shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: August 1 16.25% October 1 36.25% December 1 50.00% February 1 67.50% April 1 87.50% May 1 100.00%

Appears in 2 contracts

Samples: Regional District Agreement, Regional District Agreement

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Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(B)V.C, of the capital and operating costs. Except as otherwise provided in subsection VI(A)V A, the annual share of each member town shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: August 1 16.25% October 1 36.25% December 1 50.00% February 1 67.50% April 1 87.5025% May June 1 100.0060% September 15 75% November 15 100%

Appears in 1 contract

Samples: Regional School District Agreement

Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(BV(B), of the capital and operating costs. Except as otherwise provided in subsection VI(AV(A), the annual share of each member town shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: August Lanesborough Williamstown July 15 Sept. 1 16.2525% October Oct. 15 Dec. 1 36.2550% December Jan. 15 March 1 50.00% February 1 67.5075% April 15 June 1 87.50% May 1 100.00100%

Appears in 1 contract

Samples: Regional District Agreement

Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(BV(BC), of the capital and operating costs. Except as otherwise provided in subsection VI(AV(A), the annual share of each member town shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: August Lanesborough Williamstown July 15 Sept. 1 16.2525% October Oct. 15 Dec. 1 36.2550% December Jan. 15 March 1 50.00% February 1 67.5075% April 15 June 1 87.50% May 1 100.00100%

Appears in 1 contract

Samples: Regional District Agreement

Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(BV (C), of the capital and operating costs. Except as otherwise provided in subsection VI(AV (A), the annual share of each member town shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: August 1 16.2515 25% October 1 36.25% December 1 50.00November 15 50% February 1 67.50% April 1 87.5015 75% May 1 100.0015 100%

Appears in 1 contract

Samples: Regional School District Agreement

Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(B)Section VI, of the capital and operating costs. Except as otherwise provided in subsection VI(A)Section VI, the annual share of each member town shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: August April 1 16.2525% October June 1 36.2550% September 1 75% December 1 50.00100% February 1 67.50% April 1 87.50% May 1 100.00%Please note that these percentages and dates were amended, and the revisions are shown in Section XVII.

Appears in 1 contract

Samples: Regional Agreement

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Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(BV (C), of the capital capital, operating and special operating costs. Except as otherwise provided in subsection VI(AV (A), the annual share of each member town shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: August July 1 16.2525% October 1 36.2550% December January 1 50.0075% February 1 67.50% SECTION V BUDGET April 1 87.50% May 1 100.00100%

Appears in 1 contract

Samples: Regional Vocational High School District Agreement

Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(BV(B)V(C), of the capital and operating costs. Except as otherwise provided in subsection VI(A)V(A) or in Section XI, the tThe annual share of each member town community shall be paid in such amounts and at such times that at least the following percentages of such annual share shall be paid on or before the dates indicated, respectively: August September 1 16.25% October 1 36.2525% December 1 50.0060% February March 1 67.50% April 1 87.5075% May 1 100.00100%

Appears in 1 contract

Samples: Regional Agreement

Times of Payment of Apportioned Costs. Each member town shall pay to the District in each fiscal year its proportionate share, certified as provided in subsection VI(BSubsection IV (B), of the operating, transportation, debt, and capital and operating costs. Except as otherwise provided in subsection VI(A), the The annual share of each member town shall be paid in such amounts and at such times that at least the following percentages cumulative percentage of such annual share shall be paid on or before the dates indicated, respectively: August September 1 16.25% October 1 36.25- 25% December 1 50.00% February 1 67.50- 50% April 1- 75% June 1 87.50% May 1 100.00- 100%

Appears in 1 contract

Samples: Regional School District Agreement

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