Financial Provision Clause Samples

Financial Provision. The Teacher shall receive credit for the amounts withheld by the Board along with accrued interest. The interest rate credited to the Teacher's account shall be the current rate for the savings account at the bank used by the Board, and be compounded and credited on each pay date. A statement of the Teacher's account will issued at the end of each year. Such a statement shall be made available upon written request by the Teacher. During the life of the deferred salary leave plan, the Teacher's employee benefits shall be maintained by the Board and the Teacher concerned, in accordancewith the Collective Agreement in effect, as if the Teacher were receiving one hundred percent (100%) of the Teacher's salary. If, upon conclusion of the individual Teacher's leave plan, the Teacher's account (clause 23.04.1) contains a positive balance, accrued interest, the Teacher shall receive the excess in payments in a manner mutually agreeable to the Board and the Teacher. If the balance is negative, the account plus an amount for accrued interest, calculated in the same manner as in clause shall be paid by the Teacher in a manner mutually agreeable to the Board and the Teacher.

Financial Provision. Subject to the provisions of the Agreement all moneys required for the purposes of this Act shall be paid out of moneys provided by Parliament for such purposes.

Financial Provision. Tenderers will make financial allowance for the provision of all monitoring data, its collation, generation and submission to the Council, attendance at all relevant Council Meetings, Officer Meetings and meetings with local client representatives and customers as required for the provision of service.

Financial Provision. 6.1 Credential candidates of the University are individually responsible for medical insurance. The University does not provide worker’s compensation for the performance of its credential candidates under this Memorandum of Understanding. 6.2 It is mutually agreed upon that no monetary provisions to/from the District or to/from the University will be made for services rendered by the credential candidates of the University. 6.3 University agrees that all credential candidates/students are not employees of the District and are not entitled to benefits of any kind or nature normally provided employees of the District and/or to which employees are normally entitled, including but not limited to State Unemployment Compensation. However, District shall provide worker’s compensation for the performance of credential candidates under this Memorandum of Understanding pursuant to California Labor Code 3363.5.

Financial Provision. 12.04.1 The teacher shall receive credit for the amounts withheld by the Board along with accrued interest. The interest rate credited to the teacher’s account shall be the current rate for the Savings account at the Bank used by the Board, and be compounded and credited on each pay date. A statement of the teacher’s account will be issued no more than twice each year upon written request of the teacher. 12.04.2 During the life of the teacher-funded leave, the teacher's employee benefits shall be maintained by the Board and the teacher concerned (in accordance with the Collective Agreement in effect) as if the teacher were receiving one hundred percent (l00%) of the teacher's salary. 12.04.3 If, upon conclusion of the individual teacher's leave plan, the teacher's account (clause 12.04.1) contains a positive balance, including accrued interest, the teacher shall receive the excess in payments in a manner mutually agreeable to the Board and the teacher. If the balance is negative, the account plus an amount for accrued interest, calculated in the same manner as in clause 12.04.1, shall be paid by the teacher in a manner mutually agreeable to the Board and the teacher. If mutual agreement is not reached, the Board will consult with the Bargaining Unit President prior to implementing a repayment schedule.

Financial Provision. 13.1. The Customer will reimburse the Contractor for all services and goods that were actually rendered in accordance with this Contract. 13.2. The Contractor will prepare supporting documents for invoicing the expenses associated with the conduct of the training course. 13.3. At the end of the LAT, all the supporting documents prepared for invoicing will be checked by both Parties representatives, in order to prevent from the miscalculation of services and goods that were not actually rendered. Once mutually endorsed, the official invoice will be raised by the Contractor, not later than thirty (30) days after the end of training course. 13.4. The invoice shall refer to the applicable reference number 12486611 and shall include a short description of services and goods actually rendered. Detailed documents with full prices breakdown will not be required with the invoice but must be available for subsequent verification. The invoice will be forwarded to the following addresses: Totalförsvarets Skyddscentrum ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇ ▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇ And by E-mail to: ▇▇-▇▇▇▇▇▇@▇▇▇.▇▇ 13.5. The payment in EURO will be made by the Customer by bank transfer, not later than thirty (30) days of the official invoice receipt, and the relevant amount of money will be transferred to the bank account indicated on the invoice.

Financial Provision. 3.1 Without prejudice to what the Parties may provide in other supplementary agreements, memoranda of understanding and/or exchange of letters entered into pursuant to the Cooperation Agreement for the joint implementation of programs, projects and/or activities, this Supplementary Agreement in and of itself does not create obligations of a financial nature for either of the Parties.

Financial Provision. 5.1 Intern teachers are individually responsible for their own insurance, subject to any insurance benefits provided through their employment with the District. The University is not the employer of the intern teacher, and as such will not be providing any salary or other employment benefits to the intern teachers, including, but not limited to, salary, insurance, sick leave, or worker’s compensation benefits, as may be required under California law. 5.2 Intern teachers shall be considered as employees of the District and shall be treated as employees, for determination of applicable benefits under District policies as outlined in paragraph 1.17 above.

Financial Provision. 1. It has been determined between the parties hereto that any payments to be made to the District or its employees under this Agreement do not exceed the actual cost to the District of the services rendered by the District. 2. Notwithstanding any other provisions of this Agreement, the University shall not be obligated by this Agreement to pay the District or its employees any amount in excess of the total sum set forth in financial provisions. 3. The University shall tender to the District an honorarium of $100.00 per seven week period for each full-time student teacher of the University assigned to schools in the District, to be paid at the end of the assignment. The District shall reimburse each supervisory master teacher/employee, at rates specified herein. 4. For Counseling Fieldwork Candidates only, the University shall tender to the District a $100.00 honorarium to be paid at the end of the assignment. The District shall reimburse each district supervisor/employee at the rates specified herein.