Common use of HBC’s August 1 Obligations Clause in Contracts

HBC’s August 1 Obligations. The HBC shall take action and the parties shall ratify Plan agreements by August 1 of the prior year, that result in a total projected health benefits cost for the upcoming year that does not exceed the District’s contribution set forth below, plus available beginning balance “reserve fund” revenue carried over from the prior year, if any.

HBC’s August 1 Obligations. The HBC shall take action and the parties shall ratify Plan agreements by August 1 of the prior year, that result in a total projected health benefits cost for the upcoming year that does not exceed the District’s contribution set forth below, plus available beginning balance “reserve fund” revenue carried over from the prior year, if any.

HBC’s August 1 Obligations. The HBC shall take action and the parties shall ratify Plan agreements by August 1 of the prior year, that result in a total projected health benefits cost for the upcoming year that does not exceed the District’s contribution set forth below, plus available beginning balance carryover “reserve fund” revenue carried over from the prior year, if anybalances.

HBC’s August 1 Obligations. The the HBC shall take action and the parties shall ratify Plan agreements by August 1 of the prior year, that result in a total projected health benefits cost for the upcoming year that does not exceed the District’s contribution set forth below, plus available beginning balance “reserve fundfunds” revenue carried over from the prior year, if any.