Maintenance Fund Sample Clauses

Maintenance Fund. 1. The School District Board shall levy an additional tax of a minimum of one-half mill for each dollar of valuation for the maintenance of the Project, pursuant to, and in accordance with the requirements of ORC Sections 3318.05 (B), 3318.06 (A)(2)(a) and (A)(3), and 3318.17.
AutoNDA by SimpleDocs
Maintenance Fund. Each purchaser/ flat owner shall make a payment of the advance maintenance fund (i.e., an amount equivalent to 24 (twenty-four) months’ maintenance charges) at the time of purchasing a flat in the Project (which is included in the total amount payable by each purchaser/ flat owner under this agreement. The Developer reserves the right to utilize the said advance maintenance fund in order to provide essential maintenance services in the Project till the time Association is formed. At the time of handover of the maintenance services to such Association by the Developer, the balance advance maintenance fund (if any) shall be transferred to the Association within 30 (thirty) days from the date of such handover.
Maintenance Fund. In order to maintain and improve the Lake Templene area, commencing May 1, 1989, and on May 1st of each year thereafter, the purchaser of each lot (or title holder, if title has been conveyed) shall pay forty-eight dollars ($48.00) to Lake Templene Maintenance Company, its successors or assigns. Funds so collected shall be used for maintenance only of the Lake Templene Maintenance Company to maintain all dams, parks, bridle paths, beaches, regulate the lake level, pay salaries, and administrative costs and general beautification and betterment of Lake Templene. Annual payments shall be a lien on each lot; and, if not paid by July 15th of each year, may be noted by affidavit recorded with the Register of Deeds.
Maintenance Fund. Upon the execution of the Agreement the Owner agrees to contribute and maintain a Three Hundred Dollar ($300.00) expense fund to cover miscellaneous items for repair, maintenance, advertising, cleaning, or any function as needed. The fund is to be maintained by the Broker and will be automatically replenished from either the rent received or from a direct contribution from the Owner.
Maintenance Fund. The Grantor intends to set up a maintenance fund for the Mill Lane. Should the Grantee, or its successors in title, wish to join a communal lane maintenance fund (where available), intended to spread any maintenance payments in respect of Mill Lane, then they should contact the Grantor to agree the amount and regularity of the payments save that the Grantor shall not use any funds listed in Paragraph 5, Schedule 2 of this deed for any such fund without the consent of the Grantee or its successors in title. Signed as a deed by XXXXX XXXXXX XXXXXX in the presence of: ……………………. SIGNATURE OF WITNESS NAME, ADDRESS [AND OCCUPATION] OF WITNESS …………………………………………… …………………………………………… …………………………………………… ……………………... XXXXX XXXXXX XXXXXX Signed as a deed by XXXXXX XXXXXXXX in the presence of: ……………………. SIGNATURE OF WITNESS NAME, ADDRESS [AND OCCUPATION] OF WITNESS …………………………………………… …………………………………………… …………………………………………… Executed as deed by FORTY ACRE OAST DEVELOPMENTS LIMITED (Grantee) acting by Xxxxxxx Xxxxxx Xxxxxxxx, a director, in the presence of: …………………… SIGNATURE OF WITNESS NAME, ADDRESS [AND OCCUPATION] OF WITNESS …………………………………………… …………………………………………… ……………………………………………
Maintenance Fund. Effective November 25, 1996 all employers signatory to this labor agreement with the Northern Indiana Chapter, NECA designated as their collective bargaining agent shall contribute effective May 31, 2021, $.18 per hour for each hour worked by each employee covered by this labor agreement to the Administrative Maintenance Fund. The monies are for the purpose of administration of the collective bargaining agreement, grievance handling and all other management duties and responsibilities in this agreement, the fund will be administered solely by the employers. The enforcement for delinquent payments to the fund is the sole responsibility of the Fund and not the Local Union. The Fund shall not be used in any manner detrimental to the Local Union or the IBEW.
Maintenance Fund each of the Existing Transactions and Future Transactions relating to a Delivery Vehicle calls for, or will call for, payments by Independent Contractors into a maintenance fund held by a Sponsor which is established solely in regard to such Delivery Vehicle, which payments are based on the total number of miles the Delivery Vehicle is driven per month by such Independent Contractor (each said fund is referred to a “Maintenance Fund” and the aforesaid payment contributions are referred to, collectively, as “Maintenance Contributions”).
AutoNDA by SimpleDocs
Maintenance Fund. Section 11.01 All Employers signatory to this labor agreement shall contribute $.15 per hour for each hour worked under this Labor Agreement to the Administrative Maintenance Fund (AMF). The monies are for the purpose of administration of the collective bargaining agreement, grievance handling and all other management duties and responsibilities in this Agreement. These monies will not be used to the detriment of the IBEW. Payment will be made on a monthly basis and submitted along with the monthly report, which is due by the fifteenth of the following month. The Fund is to be administered solely by the Chapter. The enforcement of delinquent payments to the Fund shall be the sole responsibility of the Fund or the Chapter and not the Local Union. SEPARABILITY CLAUSE Should any provision of this Agreement be declared illegal by any court of competent jurisdiction, such provisions shall immediately become null and void, leaving the remainder of the Agreement in full force and effect and the parties shall, thereupon, seek to negotiate substitute provisions which are in conformity with the applicable laws.
Maintenance Fund. Notwithstanding the foregoing, in connection with certain maintenance activities for the Premises and Donated Property, Donor intends to establish a maintenance and repair fund in the amount of [•] Dollars ($[•]) (the “Maintenance Fund”), with a nonprofit organization exempt from United States federal income taxation under Section 501(a) of the Code, as more particularly described in Section 501(c)(3) of the Code, and further classified as other than a private foundation within
Maintenance Fund. The Sports Authority agrees to contribute into a segregated and dedicated fund to pay costs relating to the Arena, including, but not limited to, the cost of operating and maintaining the Arena (the "Maintenance Fund") as follows. Upon approval of the Referendum, the Sports Authority will deposit into the Maintenance Fund (which may be drawn on by the NBA Club) the amount of $1.5 million annually in semi-annual installments commencing on January 31, 2001 and June 30, 2001 and on each succeeding January 31 and June 30 thereafter through the expiration of the term of the Arena Lease. The NBA Club will have the right to draw on the Maintenance Fund to pay Arena related expenses designated by the NBA Club. Any surplus in the Maintenance Fund upon termination of the Arena Lease (including any renewals thereof) shall belong to the NBA Club. This obligation of the Sports Authority is subordinate only to the payment of debt service on the Rent Supported Debt.
Time is Money Join Law Insider Premium to draft better contracts faster.