Retirement Costs Sample Clauses

Retirement Costs. All costs (less salvage credits, if any) associated with retirement of Xxxxxxx County Unit 1 and the Xxxxxxx County General Plant Facilities and the Xxxxxxx County Site as they pertain to Xxxxxxx County Unit 1, including, without limitation: dismantling, demolishing, and removal of equipment, facilities, and structures; security; maintenance; disposing of debris; and any site work necessary to lawfully and responsibly effect such retirement, shall be shared by the Owners in proportion to their respective percentage ownership interests in Xxxxxxx County Unit 1. Payments for these costs (less salvage credits, if any) as they are expected to be incurred, shall be made In accordance with the provisions of Article 8. If such salvage credits exceed such costs, the difference shall be shared by the Owners in proportion to their respective percentage ownership Interests in Xxxxxxx County Unit 1.
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Retirement Costs. Each of the Unit 1 Owners shall be responsible for paying its pro rata share (based on its Unit 1 Ownership Interest) of the aggregate amount of all costs and expenses prudently incurred to retire permanently Unit 1 from service, including decommissioning, dismantling, demolishing and removal of equipment, facilities and structures, security, maintenance, disposing of debris, abandonment and all other costs and expenses prudently incurred to retire permanently Unit 1 from service, net of any amounts recovered in connection with the sale of any retired equipment, facilities and structures.
Retirement Costs. 42 ARTICLE XI OWNERS’ VOTING RIGHTS.............................................................................42
Retirement Costs. Each of the Participants shall be responsible for paying its pro rata share (based on its Ownership Interest at the time of retirement of the Plant) of the aggregate amount of all costs and expenses prudently incurred to retire permanently the Plant or any Unit, as applicable, from service, including decommissioning, dismantling, demolishing and removal of equipment, facilities and structures, security, maintenance, disposing of debris, abandonment and all other costs and expenses incurred to retire permanently the Plant or any Unit, as applicable, from service, net of any amounts recovered in connection with the sale of any retired equipment, facilities and structures.
Retirement Costs. All costs (less salvage credits, if any) associated with retirement of the Facility or portions thereof including dismantling, demolishing, and removing equipment, facilities, and structures (including the cost of transportation and handling incidental thereto); security; Maintenance; disposing of debris; and any site work necessary to lawfully and responsibly effect such retirement and the costs of any remediation, site restoration or monitoring shall constitute Operating Expenses and shall be shared by the Participants in proportion to their respective Percentages. Payments for these costs shall be made as reasonably directed by the Management Committee.
Retirement Costs. All costs (less salvage credits, if any) associated with retirement of the Xxxxxxx County Unit 2 Project or portions thereof including: dismantling, demolishing, and removal of equipment, facilities, and structures (including the cost of transportation and handling incidental thereto); security; maintenance; disposing of debris; and any site work necessary to lawfully and responsibly effect such retirement, shall be shared by the Parties in proportion to their respective Percentages. Payments for these costs (less salvage credits, if any) as they are incurred, shall be made in accordance with the provisions of Article 10. If such salvage credits exceed such costs, the difference shall be shared by the Parties in proportion to their respective Percentages.
Retirement Costs. The Group operates a defined contribution retirement benefits scheme for those employees who are eligible to participate in the scheme. The assets of the scheme are held separately from those of the Group in an independently administered fund. Contributions are made based on a percentage of the participating employeesbasic salaries and are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. When an employee leaves the scheme prior to his/her interest in the employer’s contributions becoming fully vested, the amount is forfeited and recognised to the profit and loss account when refunded.
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Retirement Costs. Costs incurred on the dismissal or early retirement of ALW Staff other than Reorganisation Costs and Exit Redundancy Costs: Exit Redundancy Costs: Redundancy and dismissal costs which may be incurred by the Host Authority as a result of the circumstances set out in clause 5.5 below.
Retirement Costs. Each of the New Common Facilities Owners shall be responsible for paying its pro rata share (based on its Total Component Ownership Interest in each Component being retired) of the aggregate amount of all costs and expenses prudently incurred to retire permanently each Component from service, including decommissioning, dismantling, demolishing and removal of equipment, facilities and structures, security, maintenance, disposing of debris, abandonment and all other costs and expenses prudently incurred to retire permanently each Component from service, net of any amounts recovered in connection with the sale of any retired equipment, facilities and structures.

Related to Retirement Costs

  • Retirement Allowance Prior to issuing notice of layoff pursuant to article 9.08(a)(ii) in any classification(s), the Hospital will offer early-retirement allowance to a sufficient number of employees eligible for early retirement under HOOPP within the classification(s) in order of seniority, to the extent that the maximum number of employees within a classification who elect early retirement is equivalent to the number of employees within the classification(s) who would otherwise receive notice of layoff under article 9.08(a)(ii). An employee who elects an early retirement option shall receive, following completion of the last day of work, a retirement allowance of two weeks' salary for each year of service, plus a prorated amount for any additional partial year of service, to a maximum ceiling of 26 weeks' salary, and, in addition, full-time employees shall receive a single lump-sum payment equivalent to $1,000 for each year less than age 65 to a maximum of $5,000 upon retirement."

  • ALPS Compensation; Expenses (a) ALPS will bear all expenses in connection with the performance of its services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Fund personnel. Other Fund expenses incurred shall be borne by the Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund as a broker or dealer or any officer of the Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency, and custodial expenses; interest; Fund directors’ or trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Fund existence; printing and delivery of materials in connection with meetings of the Fund’s directors or trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials, and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Compensation Benefits and Expenses During the Term, Company shall compensate Employee for his services as follows:

  • Extra Compensation All percentage payments shall be based upon the following schedule: 2021-2022 Exp. Level Unit Members 1st Year 32,749 2nd Year 34,087 3rd Year 35,425 4th Year 36,764 5th Year 38,102 Subject to the exception set forth below, the placement of an individual on the above salary schedule in an extra duty assignment as set forth herein, shall be based upon the number of years of experience in Michigan Center within the activity (i.e. sport). Transfers from one coaching position to another in the same sport (i.e. junior varsity to varsity football, etc.) shall not be cause to reduce the experience level for the bargaining unit member in that activity. Changes from one sport to another (i.e. basketball to football, etc.) will constitute a change in experience level. NOTE: Compensation of non-unit individuals for coaching and other extra-curricular positions shall be determined by the Board, but shall not exceed the compensation schedule for bargaining unit members. Baseball Head Coach 11% Volleyball Head Coach 17% JV Coach 8% Asst or JV Coach 11% Basketball Head Coach 17% 8th Grade 6% JV Coach 11% 7th Grade 6% 8th Grade 6% If both 7th & 8th 10% 7th Grade 6% Wrestling Head Coach Assistant Coach (if applicable) 16% 6% If both 7th & 8th 10% JV Coach 10% Bowling Boys Girls 6% 6% Jr. High 6% If both Boys & Girls 10% Cheerleading Winter Head Coach (includes sideline if applicable) 16% Academic Games Coord & Staff Advisors Limit 1 per Dept. 1% Varsity Fall Sideline 5% Band Director 18% JV Fall Sideline 5% Band Director Jr. High School 12% Winter JV (includes sideline if applicable) 10% Choral Director (if applicable) 3% Jr. High Winter (includes sideline if applicable) 10% Class Advisor Chair 1% Cross Country Boys Head Coach Girls Head Coach 7% 7% Club Sponsors Approved by Principal 1% If both Boys & Girls 10% Dept Heads – HS Sci, Mth, SocStud, Lang Arts, Enrichment 4% Jr. High 5% Dept Heads/Grade Level Chairs Elem Sci, Mth, SocStud, Lang Arts, Enrichment 4% Football Head Coach 17% Elementary- Extracurricular 1% Asst. Varsity (2) 10% Elementary Music 3% JV Coach (2) 11% 8th Grade (2) 6% 7th Grade (2) 6% Homecoming Chair 1% If both 7th & 8th 10% Leadership Forum 1% Golf Boys Head Coach 6% Communications Coordinator Webmaster News and Views Surveys/Updates Library Supervisor 10% Girls Head Coach 6% Mentor Teacher 2% Soccer Boys Head Coach Girls Head Coach 8% 8% National Xxxxx Xxxxxxx 1% Softball Head Coach 11% Quiz Bowl Advisor 4% Asst or JV Coach 8% Track Boys Head Coach 11% Play Director (Per Play) 6% Girls Head Coach 11% Assistant Play Director (Per Play) 1.5% Boys/Girls Asst (1) 8% Prom Chairperson 2% Jr. High Boys Coach 6% Jr. High Girls Coach 6% Yearbook Advisor If it’s a class Not a class 4% 7% Jr. High Boys/Girls Asst (1) 6% Junior High Year Book 4% Department Head - District Coordinated School Heath 4% HS Student Council JH Student Council 2% 1% Social Media Specialist 3% Tutoring: Summer school and after school tutoring and credit recovery will be paid at the rate of $31.25/hour for assigned student instructional time ($25.00/hour for non-bargaining unit personnel).

  • Retirement Bonus 22:01 Employees retiring in accordance with the following:‌

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