Community Fund Sample Clauses

The Community Fund clause establishes a dedicated pool of resources, typically financial, set aside to support community-related projects or initiatives. This clause outlines how contributions are made to the fund, who manages it, and the types of activities or beneficiaries eligible for support—such as local development, educational programs, or charitable events. Its core function is to ensure that a portion of resources is systematically allocated to benefit the broader community, promoting social responsibility and transparency in the use of funds.
Community Fund. To further augment its commitment to the environment and the community in which Indian Point operates, Entergy shall establish a fund in the amount of $15 million (the “Fund”), the goal of which is to fund projects designed to benefit the ▇▇▇▇▇▇ River and to support the community, and to provide environmental protection and other public benefits to the community. The Fund will provide for the completion of projects to be selected by NYS and Entergy, after consultation with regional environmental organizations and community groups and interests. With respect to the environmental projects, priority will be given to projects for dam or culvert removal, purchase of sensitive wetlands areas along the ▇▇▇▇▇▇ River, continuation of scientific studies designed to advance the protection of riverine species, and prevention of the introduction of invasive species into the ▇▇▇▇▇▇ River watershed, and other projects determined by NYS and Entergy that are consistent with the purposes for which the Fund has been established. Entergy will implement in 2017 targeted plant and hardware modifications at Indian Point to minimize potential releases of radiologically-contaminated fluids to groundwater from normal and temporary plant systems and operations. These modifications may include installation of a high level alarm and backflow prevention measures in Fuel Storage Building (“FSB”) Sump 28, sealing and coating of the FSB Truck Bay subfloor, and sealing or replacing designated building/structural joints that provide potential paths to groundwater.
Community Fund. To further augment its commitment to the environment and the community in which Indian Point operates, Entergy shall establish a fund in the amount of $15 million (the “Fund”), the goal of which is to fund projects designed to benefit the ▇▇▇▇▇▇ River and to support the community, and to provide environmental protection and other public benefits to the community. The Fund will provide for the completion of projects to be selected by NYS and Entergy, after consultation with regional environmental organizations and community groups and interests. With respect to the environmental projects, priority will be given to projects for dam or culvert removal, purchase of sensitive wetlands areas along the ▇▇▇▇▇▇ River, continuation of scientific studies designed to advance the protection of riverine species, and prevention of the introduction of invasive species into the ▇▇▇▇▇▇ River watershed, and other projects determined by NYS and Entergy that are consistent with the purposes for which the Fund has been established. [NYSDOS LETTERHEAD] [Month] [Day], 2017 ▇▇▇▇ ▇▇▇▇▇▇ Vice President, Operations License Renewal Entergy Nuclear Northeast, Indian Point Energy Center ▇▇▇ ▇▇▇▇▇▇▇▇, GSB ▇.▇. ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Re: F-2012-1028 Withdrawal of Objection to Coastal Zone Management Act Consistency Certification Indian Point Nuclear Generating Unit Nos. 2 & 3 NRC License Nos. DPR-26 and DPR-64 Dear ▇▇. ▇▇▇▇▇▇: On December 17, 2012, Entergy Nuclear Operations, Inc. (Entergy) filed with the New York State Department of State (NYSDOS), pursuant to the Coastal Zone Management Act, a certification stating that renewal of U.S. Nuclear Regulatory Commission (NRC) Facility Operating Licenses DPR-26 and DPR-64 for Indian Point Nuclear Generating Unit Nos. 2 & 3 (IP2 and IP3) for an additional 20 years was consistent with the New York State Coastal Management Program. NYSDOS objected to Entergy’s consistency certification on November 6, 2015. Pursuant to an agreement between Entergy and NYSDOS, among other parties, dated January 9, 2017, regarding the planned cessation of operation of IP2 and IP3, NYSDOS hereby withdraws its challenge to Entergy’s November 5, 2014 withdrawal of its consistency certification, and will proceed as if the withdrawal became effective on November 5, 2014, thereby (1) rendering NYSDOS’s November 6, 2015 objection moot and of no effect and (2) requiring Entergy to submit a new certification. Pursuant to that same agreement, Entergy will submit to ...
Community Fund. 19.01 Effective the month following ratification. Ten Cents ($0.10) per hour for each hour worked by all employees covered by this Agreement shall be contributed by the Employer to the Union’s Community Fund and administered by the Union’s Community Fund. 19.02 The Employer agrees to remit to the Ranking Officer of the Union these monies and an electronic report in the format requested by the fifteenth (15th) day of the month following in which these deductions were made. 19.03 Such contributions shall continue for the duration of this Collective Agreement or until such time as the fund ceases to exist or ceases to accept contributions.
Community Fund. 3.1 Prior to the Commencement of the Main Development MVV shall pay to the North Yard Community Trust the First Community Fund Contribution 3.2 Subject to paragraphs 3.3 and 3.4 within twenty-eight (28) days of each anniversary of the date of payment of the First Community Fund Contribution MVV shall pay to the Council the Annual Community Fund Contribution 3.3 Where a majority of the members of the North Yard Community Trust agree in writing that any community well being related impacts have been addressed and that the Annual North Yard Community Trust Contribution should be: 3.3.1 Reduced to any amount other than nil MVV’s obligation in paragraph 3.2 shall be to pay such reduced sum as may be specified; or 3.3.2 Reduced to nil MVV’s obligation under paragraph 3.2 shall be discharged and shall cease to apply. 3.4 Paragraph 3.2 shall cease to apply following the twenty-fourth (24th) payment of the Annual Community Fund Contribution
Community Fund. 1.1 To use the Community Fund Contribution for Qualifying Projects within the Parishes provided that a maximum of 5% of the contribution may be applied to the administrative costs of the District Council in dealing with the payment and application of the Community Fund. 1.2 To notify the Community Liaison Group upon receipt of each payment of the Community Fund Contribution and to apply the Community Fund Contribution having regard to the wishes of the Community Liaison Group subject to paragraph 1.1 above. 1.3 To repay to the Owners or the party who paid the monies originally together with simple interest at the base rate available from time to time of the Bank of England any monies that have not been spent or irrevocably committed upon the expiry of five years from the receipt of the final payment of the Community Fund Contribution within 28 days of the expiry of that five year period. 1.4 To provide the Owners upon written request with the details of expenditure of the Community Fund Contribution.
Community Fund. With effect from Commencement of Development from the Site Tarmac agrees to pay to the Council the sum of 2.5 ▇▇▇▇▇ per tonne of all Minerals extracted from the Site and sold towards the Local Community Fund.
Community Fund. OVG shall cause the establishment of a non-profit charitable foundation (the “Charitable Foundation”) to administer a community fund (the “Community Fund”) to provide resources for organizations that serve the greater Seattle area and the communities surrounding Seattle Center. The Charitable Foundation shall commit at least Twenty Million Dollars ($20,000,000) in donations (the “Charitable Funding Commitment”) to be administered in connection with the Community Fund, it being understood that at least fifty percent (50%) of such donations shall be in cash (inclusive of any NHL and/or NBA team franchise contributions), and that the balance of the donations may be either cash or in-kind. Consistent with the public pledge made by OVG, from the Charitable Funding Commitment Ten Million Dollars ($10,000,000) in cash or in-kind donations has been committed to YouthCare, a Washington corporation, over a twenty (20) year period commencing on the Operating Term Commencement Date pursuant to a separate written agreement to fund and support programs and services related to youth homelessness. For the remainder of the Charitable Funding Commitment, OVG shall cause the Charitable Foundation to cooperate in good faith with Seattle Center’s resident organizations and stakeholders in the surrounding neighborhood for input and guidance to identify appropriate beneficiaries for disbursement.
Community Fund. Within two months of the end of the project (i.e. by February 2019) a full evaluation of the project should be provided incorporating (a) to (e) as above and:
Community Fund. 1.1 The Community Fund will be paid by the Developer to the Council as follows: 1.1.1 a payment of £200,000 (Indexed) prior to Implementation 1.1.2 a payment of £300,000 (Indexed) on the first anniversary of Implementation 1.1.3 a payment of £500,000 (Indexed) on the second anniversary of Implementation 1.1.4 a payment of £500,000 (Indexed) on the third anniversary of Implementation 1.1.5 a payment of £750,000 (Indexed) on the fourth anniversary of Implementation 1.1.6 a payment of £750,000 (Indexed) on the fifth anniversary of Implementation 1.1.7 a payment of £400,000 (Indexed) on the sixth anniversary of Implementation 1.1.8 a payment of £300,000 (Indexed) on the seventh anniversary of Implementation 1.1.9 a payment of £200,000 (Indexed) on the eighth anniversary of Implementation 1.1.10 a payment of £100,000 (Indexed) on the ninth anniversary of Implementation and the Developer covenants that it will not Implement the Wylfa Newydd DCO Project until the first payment has been paid. 1.2 The Parties agree that the Community Fund shall be for the purpose of mitigating any intangible and residual impacts of the Wylfa Newydd DCO Project on the communities in the [KSA] through schemes, measures and projects which promote the economic, social or environment well-being of those communities and enhances their quality of life.
Community Fund. OVG shall cause the establishment of a non-profit charitable foundation (the “Charitable Foundation”) to administer a community fund (the “Community Fund”) to provide resources for organizations that serve the greater Seattle area and the communities surrounding Seattle Center. The Charitable Foundation shall commit at least Twenty Million Dollars ($20,000,000) in cash or in-kind donations (the “Charitable Funding Commitment”) to be administered in connection with the Community Fund. Consistent with the public pledge made by OVG, from the Charitable Funding Commitment Ten Million Dollars ($10,000,000) in cash or in-kind donations has been committed to YouthCare, a Washington corporation, over a twenty (20) year period commencing on the Operating Term Commencement Date pursuant to a separate written agreement to fund and support programs and services related to youth homelessness. For the remainder of the Charitable Funding Commitment, OVG shall cause the Charitable Foundation to cooperate in good faith with Seattle Center’s resident organizations and stakeholders in the surrounding neighborhood for input and guidance to identify appropriate beneficiaries for disbursement.