Examples of Deficit Notice in a sentence
The imposition of furloughs shall be subject to receipt of a Projected Deficit Notice (PDN) from the Controller stating that the department's budget will be insufficient to support the department's level of spending through the end of the fiscal year.
To the extent practicable, furlough shall be equitably distributed among all of the employees in the affected department or operational unit to which the Projected Deficit Notice (PDN) has application; and, all of the employees in the affected class(es).
Within thirty (30) days after the Deficit Notice, Developer shall pay the City an amount equal to the Annual Tax Increment Deficit (a “Guaranty Payment”).
Moreover, since the duration of the options as well as the number of options issued would be laid down in the international agreement, the implicit "notice period" for the termination by way of not issuing any new options could be fine-tuned according to the wishes of the contracting states.
Within thirty (30) days after the Deficit Notice, Developer shall pay the City an amount equal to the Annual Tax Increment Deficit (a “Guaranty Payment”).Section 4.6 Revenue Generation.
The contents of the Deficit Notice were widely disseminated in the print and television media and over the internet.
Upon information and belief, the respondents chose to highlight the purported $2.8 billion dollar deficit in the Deficit Notice to set the tone for public debate on the amount of an unnecessary fare increase at the public hearings to follow.
Based upon the intentionally deceptive Deficit Notice and the December Plan, the petitioner and all similarly situated have and will continue to be damaged bythe actions of the respondents in violation of Public Authorities Law until such time as this Court grants the relief sought herein.
Upon information and belief, the Deficit Notice of the MTA and the December Plan to which it refers were intentionally misleading as to the severity of any deficit faced by the MTA assuming one existed.
Tenant shall have the right to challenge the determination of Landlord or its auditors by delivering written notice thereof to Landlord within fifteen (15) days after receipt of a Deficit Notice, whereupon the parties shall arbitrate this matter in accordance with the rules then pertaining of the American Arbitration Association, or its successor, together with the right to take depositions.