Subject to Annual Appropriation definition

Subject to Annual Appropriation shall include obligations of the City or the County under the Phase II City-County Lease. In addition to the specific changes to the Original Cooperative Agreement made by this First Supplement and unless the context otherwise requires, references in the Original Cooperative Agreement to the design, bidding, acquisition, purchase, construction, furnishing, equipping and financing of the improvements financed with proceeds of the 2010 Bonds shall be Deleted: 2 deemed to refer to the 2010 Project, and all other references to the “Project” shall be deemed to refer to the 2010 Project and the Phase II Project. (End of Article I)
Sample 1
Subject to Annual Appropriation means, with respect to any obligation of the City or the County under this First Supplement, that the performance of that obligation is subject to the annual appropriation by the Governing Body of the City or the County, respectively, of sufficient funds to perform that obligation and to the certification by the City’s Auditor or County's Auditor, respectively, that those funds are available for that purpose pursuant to applicable law.
Sample 1

Examples of Subject to Annual Appropriation in a sentence

  • Obligations Subject to Annual Appropriation With respect to the redevelopment of Mueller, the City entered into the Development Agreement with Catellus, effective as of December 2, 2004, and in the Development Agreement, the City agreed to issue debt to finance certain “Public Finance Reimbursable Project Costs” either directly or through the auspices of a local government corporation to be created by the City.

  • A problem with such rules is that vulnerability is not restricted to short-term debt; what matters in this respect is liquidity rather than maturity of liabilities: see UNCTAD TDR (1999; chap.

  • CRN’s comments will explore the areas of the Draft Guidance that need clarity and/or may result in unnecessary delays and obstacles to initiating dietary supplement research without improving patient/subject safety.

  • Subject to Annual Appropriation: The City’s obligations under the Master Lease will be subject to annual appropriation by the City Council.

  • Lease Payments Subject to Annual Appropriation – The respective State Agency referenced on the Lease Schedule, on behalf of the State of Missouri, shall be obligated to pay such payments under the contract and any Lease Schedule as are lawfully available and appropriated for that purpose under the laws of the State of Missouri.

  • Obligations Subject to Annual Appropriation The City has entered into two subleases (the "Subleases") with respect to space to house the Electric Utility and the Water and Wastewater Utility, and $12,650,000 and $8,950,000, respectively, of Certificates of Participation are outstanding and payable from payments made under such Subleases.

  • Obligations Subject to Annual Appropriation The City has entered into two subleases (the “Subleases”) with respect to space to house the Electric Utility and the Water and Wastewater Utility, and $11,410,000 and $7,450,000, respectively, of Certificates of Participation are outstanding and payable from payments made under such Subleases.

  • Action: Upon motion by Vice Mayor Rose Herrera, seconded by Councilmember Chappie Jones and carried unanimously, Resolution No. 77885, entitled: “A Resolution of the Council of the City of San José Authorizing the City Manager to Negotiate and Execute a Reimbursable Services Agreement and a Memorandum of Understanding with U.S Customs and Border Protection in an Amount Not to Exceed $1,100,000 in Compensation for the First Year, Subject to Annual Appropriation Thereafter”, was adopted.

  • Subject to Annual Appropriation as set forth under this Resolution, the County and the holder or holders of any Parity Obligations shall have and possess all the rights of action and remedies afforded by the common law, the Constitution and statutes of the State of Iowa, and of the United States of America, for the enforcement of payment of the Note and interest thereon, and of the pledge of the Tax Increment Revenues of the portion of the Project Area that is subject to the Ordinance.

  • An Urban Renewal Revenue (Payments Subject to Annual Appropriation) Capital Loan Note, Series 2014, of the City in the amount of $1,600,000, shall be issued pursuant to the provisions of Sections 384.24A, 403.9 and 403.17(7) of the Code of Iowa for the aforesaid purpose.

Related to Subject to Annual Appropriation

  • Pro-rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Payroll Period means "payroll period" as defined in Section 3401(b) of the Internal Revenue Code;

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Current Annual Compensation means the greater of:

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

  • Average annual payroll means the average of the annual

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA; ‘HESA’ means the Higher Education Support Xxx 0000; ‘maximum basic grant amount’ or ‘MBGA’ has the same meaning as in subclause 1(1) of Schedule 1 of HESA.

  • Average annual rainfall means a typical calendar year of precipitation as determined by the Wisconsin Department of Natural Resources for users of models such as WinSLAMM, P8 or equivalent methodology. The average annual rainfall is chosen from a department publication for the location closest to the municipality.

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 132(f), 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

  • Open Enrollment Period means an enrollment period during which time any Eligible Employee and/or Dependent may apply to become a Subscriber and/or Covered Dependent, and existing Subscribers may apply to change to another provider network or coverage option, if available, or elect to terminate coverage.

  • System for Award Management (XXX) means the Federal repository into which an Entity must enter the information required under the Transparency Act, which may be found at xxxx://xxx.xxx.gov.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Working With Children Check or WWCC means the process in place pursuant to Relevant Legislation to screen an individual for fitness to work with Children. Relevant checks and authority

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Special Enrollment Period means a period of time allowed under this Plan, other than the eligible person’s Initial Enrollment Period or an Open Enrollment Period, during which an eligible person can request coverage under this Plan as a result of certain events that create special enrollment rights.

  • Fiscal Year means the fiscal year of the Company.