Procedure with Respect to Fine and Suspension Amounts Sample Clauses

Procedure with Respect to Fine and Suspension Amounts. In the event that a Grievance or an Appeal challenging a Commissioner or Team-imposed fine and/or suspension is filed in accordance with this Article, the amount of any fine or salary lost by virtue of the suspension shall be deposited in a separate interest-bearing account maintained for such fines or suspension-related amounts. The NBA shall provide written notice to the Players Association of the date and amount of each deposit made pursuant to this Section 9 by delivering to the Players Association monthly statements reflecting the investment activity in such account. In the absence of agreement between the NBA and the Players Association, the Grievance Arbitrator (in resolving a Grievance, and in a manner consistent with his determination of such Grievance) or the Commissioner (or his designee) (in resolving an Appeal, and in a manner consistent with his determination of such Appeal) shall determine the amount of the deposited funds to be payable to the player, the Team, or the NBA, and any interest earned on such deposit shall be allocated to the parties in proportion thereto.
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Related to Procedure with Respect to Fine and Suspension Amounts

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