Hardship Fund Sample Clauses
A Hardship Fund clause establishes a dedicated pool of resources to provide financial assistance to parties facing unforeseen or exceptional difficulties during the course of an agreement. Typically, this clause outlines the criteria for accessing the fund, the process for submitting requests, and the types of hardships that qualify, such as unexpected medical expenses or significant operational disruptions. Its core practical function is to offer a safety net that helps mitigate the impact of adverse events, ensuring that affected parties can continue to meet their obligations and maintain stability within the contractual relationship.
Hardship Fund. 33.01 The Employer under exceptional circumstances may provide additional paid days or paid compensation to be used if an employee is suffering significant hardship. Employees seeking hardship days or compensation must notify the Employer of their hardship and the reasons why they are seeking compensation. The Employer will determine eligibility for hardship compensation and the amount provided. The parties agree that confidentiality is of utmost importance during this process.
Hardship Fund. The OPEIU Local 8 Hardship Fund provides assistance to Local 8 members experiencing an immediate, severe and temporary financial situation due to an emergency. Hardship applications are available on the OPEIU Local 8 website. The Employer agrees to deduct the specific sum from the salary of any member of the bargaining unit who voluntarily executes an OPEIU Local 8 Hardship Fund Check-Off Authorization form. The Employer will remit these deductions to OPEIU Local 8 along with a list of the bargaining unit employees’ names and amounts deducted no later than the 15th day following the last payday of each month. The process for submission and revocation of authorization forms will be worked out by mutual agreement between the Employer and the Union. The Union holds the Employer harmless from all claims, demands or other forms of liability that may arise against the Employer for or on account of any such deductions.
Hardship Fund. Home undergraduates who commence in 2012 and receive a maintenance/special support grant through Student Finance England are eligible to apply to this fund, which supports students who encounter unexpected financial difficulty. Some students will have a particular priority for awards from the fund, including; mature students, students with dependants, students with disabilities and care leavers.
Hardship Fund. The OPEIU Local 8 Hardship Fund provides assistance to Local 8 Members experiencing an immediate, severe, and temporary financial situation due to an emergency. The Employer agrees to deduct the specific sum from the salary of any member of the bargaining unit who voluntarily executes an OPEIU Local 8
Hardship Fund. Check-Off Authorization form. The Employer will remit these deductions to OPEIU Local 8 along with a list of bargaining unit employees’ names and amounts deducted no later than the 15th day following the last pay day of each month. The Union agrees to indemnify, defend and hold harmless the Low Income Housing Institute from and against any and all damages, claims, demands, suits, judgments or other forms of liability arising from the operation of this section.
Hardship Fund. The Employer agrees to deduct the specific sum from the salary of any member of the bargaining unit who voluntary executes an OPEIU Local 8 Hardship Fund Check-Off Authorization form. Employees will remit these deductions to OPEIU Local 8 along with a list of the bargaining unit employees’ names and amounts deducted no later than the 15th day following the last payday of each month. The Union agrees to indemnify, defend and hold harmless the City from and against any and all loss or damage, claims, demands, suits, judgments or other forms of liability arising from the operation of this section.
Hardship Fund. This fund is based on a student’s income and expenditure whilst at college and is intended to provide short-term financial support. Students must be receiving their full loan entitlement to be eligible for the Hardship Fund
Hardship Fund. We recognise that for some students there will be times when they need some additional financial support to get through a challenging time. We see being able to respond appropriately to such need as an essential element of our retention support. We therefore provide a discretionary fund of £250k per year which operates alongside the Access to Learning fund to support target students.
Hardship Fund. A small percentage of the additional income received will be used to create a Higher Education hardship fund. This amount will not exceed £20,000. Terms for the hardship fund will be available from Student Finance.
Hardship Fund. In addition to the Birkbeck Access to Learning Fund, we will continue to operate the discretionary Hardship Fund for students who experience a substantial unexpected change in circumstances during their studies. The Hardship Fund provides a limited amount of emergency financial support to cover the costs of their course.