District Payment definition

District Payment means the monthly district payment to OEBB that includes the contributions of both Participating District and members required to pay the monthly premiums for selected OEBB benefit plans;
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District Payment means any regularly scheduled payment designated as such by resolution and required to be made by or on behalf of the District under a Derivative Product and which is determined according to a formula set forth in the Derivative Product.
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District Payment. For the 2021-22 school year, the district shall pay $57.83 per month ($693.96 annually) of the individual employee’s health insurance premium for each employee who elected to participate in the district’s health insurance plan during the 2000-2001 school year. Employees who received this district-paid benefit during the 2000-2001 school year but who elect not to participate in the district’s health insurance plan during any successive school year shall cease to receive this monthly district-paid benefit amount.
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Examples of District Payment in a sentence

  • Payments to the School Districts in the amounts set forth on Schedule A shall be first made on or before the first September 30 occurring after the Commercial Operation Date (as defined below) and, thereafter on or before September 30 of each payment year during the Term (the "School District Payment Date").

  • Each subsequent School District Payment shall be paid from the Company to the School Districts no later than 30 days after each annual anniversary of the School Payment Date.

  • Payments to the Towns in the amounts set forth on Schedule A shall be first made on or before the first January 31 occurring after the Commercial Operation Date (as defined below) and thereafter on or before January 31 of each payment year during the Term (the "Town Payment Date", and together with the School District Payment Date, the "Payment Date").

  • Each School District Payment shall be delivered to the notice address provided in Section 9(I) of this Agreement or such other address as the School Districts may provide from time to time.

  • The first School District Payment shall be paid from the Company to the School Districts no later than 30 days after the date on which the County’s CRA Housing Officer certifies the CRA exemption application to the Fairfield County Auditor for a building at the Project Site (the “School Payment Date”).

Related to District Payment