Association Reserves Sample Clauses

Association Reserves. 42 ARTICLE VII CONDITIONS............................................................ 42 7.1 Conditions to Obligation of Seller........................................ 42 7.2 Conditions to Obligations of Meritage and Buyer........................... 43
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Association Reserves. At or prior to the Closing, Colonial will fund the reserves for the Colonial Shores and Xxxxxx at Renaissance Associations in amount necessary to establish a cash balance of $20,000 for each Association. Colonial shall retain any legal rights to reimbursement for any payments, loans or grants to such Associations, provided any such reimbursements do not create a corresponding obligation of Buyer to the Association.

Related to Association Reserves

  • Association Dues 5.01 In every pay period, the Board shall deduct from every pay of each Occasional Teacher the appropriate amount of dues as authorized by the Constitution of the Association and directed by its Executive.

  • Association Days The Association shall be provided a total of twenty-two (22) days during the school year of released time to conduct Association business with a maximum of seven (7) used on any given day. Requests for Association days shall be made in writing and, when at all possible, at least three (3) days prior to such leave and shall be submitted to the Superintendent or his/her designee. The Association shall assume any expense incurred by the hiring of a substitute teacher.

  • Association Grievances If a grievance affects a group of employees or the Association, the Association may initiate and submit such grievance to the Superintendent directly, and the processing of such grievance shall commence at Step 2. Grievances involving more than one supervisor and grievances involving the administrator above the building level may be filed by the Association at Step 2.

  • Association Grievance A grievance, as defined in Section 7.1, relating to occurrences actually involving at least three (3) nurses or arising under the Association Representative article, may be initiated by the Association at Step 2 of the above-mentioned procedure by the filing of a written grievance, signed by a representative of the Association, within 35 calendar days from the date of occurrence. Such grievance shall describe the problem and the contract provisions alleged to have been violated.

  • Association Fees Buyer is aware that 2020 annual fees have been established for the Subdivision according to the Restrictions and that Buyer will be responsible for the annual association fee of $800 (which will be prorated for the year of closing). Buyer is also aware that they will deposit $500 with the Association at the closing in addition to the Lot purchase price as an Initial Fee.

  • Association Responsibilities 1. The organization shall keep an adequate itemized record of its financial transactions and shall make available annually to the City Clerk, and to all unit employees, within sixty (60) calendar days after the end of its fiscal year, a detailed written financial report thereof in the form of a balance sheet and an operating statement, certified as to its accuracy by its president and the treasurer or corresponding principal officer, or by a certified public accountant.

  • Association Activities The parties agree employees shall have the right to form, join, and participate in the lawful activities of the Association for the purpose of representation in matters of employment relations. No employee shall be interfered with, restrained, coerced, or discriminated against because of the exercise of such rights.

  • Association Representatives Authorized representatives of the Association shall be permitted to transact Association business on and with school property at all reasonable times provided that such activities shall not interfere with normal school operations.

  • Associations Where Associations are shown as Special Terms in the Rights Table relating to Firm Rights, Network Rail’s Flexing Rights shall not be used to break such Associations.

  • Association Leaves 1. The Board will provide the Association President or their designee with forty (40) days of paid released time during the course of the school year in order to conduct Association Business. The Association shall reimburse the Board for the cost of any substitute required as the result of any such released time which exceeds forty (40) days during the course of the school year.

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