Common use of Unencumbered Funds Clause in Contracts

Unencumbered Funds. If, as of June 15, funds remain unencumbered in the tuition reimbursement pool and no unencumbered funds remain in the workshop reimbursement pool, the unencumbered funds may be transferred to the workshop reimbursement pool and expended in accordance with Section B(2)(a). If, as of June 15, funds remain unencumbered in the workshop reimbursement pool and no unencumbered funds remain in the tuition reimbursement pool, the unencumbered funds may be transferred to the tuition reimbursement pool and expended in accordance with Section A(2)(b).

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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