Underspends (Surplus) Sample Clauses

Underspends (Surplus). 4.4.1 An Earmarked Reserve held by Ealing Council on behalf of the other Partners will be established. This will be used initially to capture any underspending areas, particularly if there were higher than anticipated receipts of interagency fee income, or initial vacancies as ALW gets up and running. If there were future surpluses from underspending budgets they would initially fall into the earmarked reserve. This would protect the funding of the Adopt London West and be able to be utilised towards future budget pressures, as well as being set aside for the future aspirations of ALW. If funding was building up for a period of more than 5 years without a suitable use, the funding could be returned to the Partners under the provisions set out below.
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Related to Underspends (Surplus)

  • STAFF SURPLUS When as a result of the substantial restructuring of the whole, or any parts, of the employer's operations; either due to the reorganisation, review of work method, change in plant (or like cause), the employer requires a reduction in the number of employees, or, employees can no longer be employed in their current position, at their current grade or work location (i.e. the terms of appointment to their present position), then the options in sub clause 25.3 below shall be invoked and decided on a case by case basis by the employer having due regard to the circumstances of the affected employee.

  • In the Event of Forecasted Surpluses If the HSP is forecasting a surplus, the LHIN may adjust the amount of Funding to be paid under Schedule B, require the repayment of excess Funding and/or adjust the amount of any future funding installments accordingly.

  • Dues Collection Teachers shall have the right to request and be allowed dues and Association 30 Insurance Program deductions provided that dues deduction and the proceeds thereof shall not be 31 allowed if the Association has lost its rights to dues deduction pursuant to Florida Statutes 447.

  • Surplus 8.1 If a facility is excluded from a target unit, the Operator must determine how any surplus should be distributed between the facilities that have been excluded from the target unit and the facilities remaining in the target unit and must notify the Administrator of the redistribution within 20 working days of the facility being excluded from the target unit.

  • Surplus Funds Any surplus funds remaining at the close of each fiscal year will be used to enhance the Charter School’s academic program. Under no circumstances shall any surplus be distributed to the Charter School’s employee(s), board member(s), educational service provider or educational management organization. Nothing in this section shall be construed to prevent the Charter School from setting aside surplus funds in a reserve account or budgeting and awarding performance bonuses as part of their annual operating expenses.

  • Cash Flow Multi-Year Cash Flow = ( ) − ( ); One-Year Cash Flow = ( ) − ( ) Preliminary Rating Final Rating (Following Additional Analysis)

  • Negative Capital Accounts No Member shall be required to pay to any other Member or the Company any deficit or negative balance which may exist from time to time in such Member’s Capital Account (including upon and after dissolution of the Company).

  • Positive sequence component of the fundamental frequency AC bus voltage at either the Xxxx 00xx Xxxxxx 345kV Substation 345kV AC bus or the Bergen 230kV AC bus greater than the upper limit or less than the lower limit as specified in Figure G-1. For the period up to 0.5 seconds, the upper voltage limit specified in Figure G-1 shall be applied to the greater of the fundamental- frequency positive-sequence AC bus voltage in pu on the nominal line-to-line rms voltage, the crest phase-to-ground voltage of any AC bus phase in pu of times the nominal line-to-line rms voltage, and the crest phase-to-phase voltage of any AC bus phase in pu of times the nominal line-to-line rms AC bus voltage.

  • Withdrawal Conditions; Withdrawal Period 1. Notwithstanding the provisions of Part A of this Section, no withdrawal shall be made:

  • Items Returned Unpaid A written notice will be sent to you of transactions we are unable to process because of returned items. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to debit the amount of such item from your account.

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