Commencing July Sample Clauses
The 'Commencing July' clause establishes that a particular obligation, agreement, or process will begin in the month of July. In practice, this means that any rights, duties, or activities specified in the contract are not effective until July arrives, regardless of when the contract is signed. This clause is commonly used to synchronize the start of contractual terms with a fiscal year, academic calendar, or operational schedule. Its core function is to provide clarity and certainty regarding the timing of when contractual responsibilities or benefits commence, preventing confusion or disputes about start dates.
Commencing July. 1, 2022 and each year thereafter, all members of the bargaining unit who are eligible for the City’s health insurance program shall pay, by deduction, from their paychecks, an Other Post-Employment Benefits (OPEB) payment of ten dollars ($10.00) per week, i.
Commencing July. 1, 2014, for the purpose of calculating eligibility, the vacation year shall be from July 1st to June 30th annually.
(a) Vacations are not cumulative from year to year.
(b) Notwithstanding the above, the Employer may grant a special request from an employee to carryover a maximum of five (5) vacation days into the next year. The employee shall specify in their request to the Employer the purpose for which they are seeking the carryover. The Employer will not unreasonably deny such request.
(c) During the first year of employment, a full-time employee with at least six (6) months of service may be granted up to five (5) days’ vacation in advance of their entitlement date if requested and at the Employer’s discretion.
(d) Full-time employees may not waive a vacation and draw double pay.
Commencing July. 1, 2002 Management Company will not provide any Advances to PC for the purpose of Physician draws against PDE."
Commencing July. 2, 2001, Borrower agrees to deliver to Lender, in addition to the financial reporting requirements required under the Credit Agreement, (a) a rolling thirteen (13) week, weekly cash forecast by line item for Borrower's and the other Credit Parties' operations (all such forecasts shall be in form and substance acceptable to Lender), together with a comparison of actual payments and budgeted line items for the previous week, and (b) a "flash" report. Borrower shall continue to deliver each of the foregoing reports to Lender on a weekly basis thereafter.
Commencing July. 1st of the first full year YRE is not in operation, the teacher may remain on the YRE pay plan with normal deductions for retirement and withholding taxes. Should a teacher elect to have funds withheld for the next summer, the teacher shall file a voluntary payroll deduction authorization for sixteen and two-thirds percent (16 ⅔%) from their gross pay for each of the twelve (12) monthly payroll periods. The teacher may elect to have the District hold this amount to be paid on July 31st and August 31st of the next summer or may have the deduction made to a credit union. Such authorization shall be filed with the District by June 30 of the year YRE terminates. Once an employee has elected to use these provisions, such election shall not be revocable or altered. In the event a teacher departs District employment at a time he/she has received advanced salary payment, he/she shall reimburse the District for all such advanced salary payments for which he/she has not rendered services.