Re-Balance Plan Sample Clauses

Re-Balance Plan. Upon receipt of written notice of a funds imbalance, Company will submit to the Construction Lender for its review and reasonable approval a plan pursuant to which, over a specified period of time, Company will cure the imbalance. The Construction Lender will be required to reject a re-balance plan if: (i) the period of time for implementation extends beyond the scheduled Substantial Completion Date; and/or
Sample 1
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Re-Balance Plan. Upon receipt of written notice of a funds imbalance for the Infrastructure Project, Company will submit to the Disbursement Agent for its review and reasonable approval a plan pursuant to which, over a specified period of time, Company will cure the imbalance. Absent written consent by the Town Bodies, the Disbursement Agent will be required to reject a re-balance plan if: (A) the period of time for implementation extends beyond the scheduled date for Substantial Completion; and/or (B) such plan fails to provide for the timely payment of the remaining Approved Costs of the applicable Project. Following the approval of a re-balance plan, all subsequent determinations with respect to whether the funds are in balance will take into account the approved re-balance plan and the compliance by Company therewith. The Town Bodies will not be obligated to authorize disbursements until a re-balance plan has been approved by the Disbursement Agent.
Sample 1
Re-Balance Plan. Upon receipt of written notice of a funds imbalance for the Infrastructure Project, Company will submit to the Disbursement Agent for its review and reasonable approval a plan pursuant to which, over a specified period of time, Company will cure the imbalance. Absent written consent by the Town Bodies, the Disbursement Agent will be required to reject a re-balance plan if:
Sample 1

Related to Re-Balance Plan

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Classification Plan (a) The Employer and the Union recognize the need to maintain the principles of Pay Equity to evaluate jobs in the Public Service bargaining unit. The parties also agree to apply the Public Service Job Evaluation Plan in accordance with those principles to all bargaining unit positions using the gender neutral plan factors and degrees in the Public Service Job Evaluation Plan. The Public Service Job Evaluation Plan will be used to evaluate positions in the Main Agreement and to determine their appropriate factor ratings.

  • Group Registered Retirement Savings Plan 9.9.1 The College agrees to implement a group Registered Retirement Savings Plan for participation by employees. For regular employees who wish to participate in the Plan, the College agrees to contribute the total amount of the annual contribution by the fifteenth of the first month of the Benefit Year. The employee shall repay that contribution through payroll deduction in equal instalments throughout the Benefit Year.

  • Non-Retirement Savings Accounts An account maintained in the Cayman Islands (other than an insurance or Annuity Contract) that satisfies the following requirements under the laws of the Cayman Islands.

  • Group Dental Plan Upon proper application, Benefit Eligible Employees will be enrolled, along with their eligible dependents, in the Employer's group dental plan and will be provided with the coverages specified therein. The Employer will pay the required premiums for the plan on a single/family composite basis.

  • SEB Plan The parties agree to establish and administer a Supplemental Employment Benefits Plan (the “Plan”) as follows:

  • Retirement Savings 5.6.1 Principals are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.

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