Play Area Contribution definition

Play Area Contribution means the sum of £70,000 towards the upgrading of the existing children’s play area at Lammas Park
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Play Area Contribution means the sum of seventy two thousand six hundred and forty four pounds and thirty xxxxx (£72,644.30) index linked from the date of this Deed in accordance with clause 15 of this Deed and to be applied by the Council for the laying out acquisition and installation of play equipment for the Play Area payable (if appropriate) in accordance with Schedule Six of this Deed;
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Play Area Contribution means a once and for all payment of [Insert figure] POUNDS (£00,000.00) towards the future costs of maintenance by the Council of the Play Area means any necessary works to implement the Landscaping and Planting Scheme and (where relevant) the Management Plan 1 There shall be no Implementation unless and until the Landscaping and Planting Scheme and the Management Plan (if relevant) has or have been approved by the Council (approval not to be unreasonably withheld or delayed) and the Landscaping and Planting Scheme and the Management Plan shall be complied with in full unless the Council agrees otherwise in writing 2 The Owner will implement the Landscaping and Planting Scheme and the Management Plan using good and suitable materials in all respects to the full satisfaction of the Council and fully in accordance with the Landscape Specification 3 Upon the completion of the Works the Owner shall notify the Council in writing which shall inspect the Works as soon as reasonably possible and in any event within two weeks of such notification and shall issue a Certificate of Practical Completion either forthwith or following the making good by the Owner of any defects reasonably identified by the Council and notified to the Owner following such inspection 4 Following the issue of the Certificate of Practical Completion the Owner shall maintain the Open Space throughout the Maintenance Period and keep the same at all times clean cultivated and fed and watered and shall replace as necessary any dead or diseased planting or any defective equipment and surfacing all of which maintenance shall be carried out to the reasonable satisfaction of the Council and fully in accordance with the Landscape Specification 5 At the end of the Maintenance Period the Owner shall notify the Council which shall inspect the Works as soon as reasonably possible and in any event within two weeks of such notification and shall issue a Certificate of Final Completion either forthwith or following the making good by the Owner of any defects reasonably identified by the Recreation Services Manager and notified to the Owner following the said inspection 7 The Owner shall within [20] days after the issue of the Certificate of Final Completion pay to the Council the Maintenance Contribution 8 Following the issue of the Certificate of final Completion the Owner shall execute a formal transfer to the Council of the Open Space upon the terms and conditions referred to in the [ Schedule]
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Examples of Play Area Contribution in a sentence

  • Play Area Play Area Contribution – contributionPrior to Commencement £8,573.76 – the provision/ maintenance of children’s play area in the vicinity of the development for use of the residents of the site and residents of the local area.


More Definitions of Play Area Contribution

Play Area Contribution means the sum of [ ]] [“Play Area Improvements” the construction and improvement of play space facilities at] “Registered Social Landlord” [ ] Housing Association (industrial and provident society no: IP ) or such other social landlord as is registered as such under the Housing Xxx 0000 and is approved in writing by the Council for the purpose of this Agreement such approval not to be unreasonably withheld or delayed
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Related to Play Area Contribution

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Development Contribution means the amount of money referred to in item 5 of the Schedule;

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • Elective Contributions are amounts excludible from the Employee's gross income under Code Sections 125, 402(a)(8), 402(h) or 403(b), and contributed by the Employer, at the Employee's election, to a Code Section 401(k) arrangement, a Simplified Employee Pension, cafeteria plan or tax-sheltered annuity. The term "Compensation" does not include:

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Nonelective Contribution means an amount contributed by a participating

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Employer Contributions means the amount transferred by an employer to a funding account or a health reimbursement account.

  • Excess Contribution With respect to any Plan Year, the excess of: (a) the aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over (b) the maximum amount of such contributions permitted by the ADP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Campaign Contribution means a gift, subscription, loan, advance or deposit of money or other thing of value, including the estimated value of an in-kind contribution, that is made to or received by an applicable public official or any person authorized to raise, collect or expend contributions on that official’s behalf for the purpose of electing the official to either statewide or local office. “Campaign Contribution” includes the payment of a debt incurred in an election campaign, but does not include the value of services provided without compensation or unreimbursed travel or other personal expenses of individuals who volunteer a portion or all of their time on behalf of a candidate or political committee, nor does it include the administrative or solicitation expenses of a political committee that are paid by an organization that sponsors the committee.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Qualifying contribution means, with respect to a

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.