State Commitment Sample Clauses
A State commitment clause establishes the formal promise or obligation of a government or state entity to fulfill certain duties or responsibilities under an agreement. This clause typically outlines the specific actions, support, or guarantees the state is providing, such as regulatory approvals, financial backing, or non-interference assurances. By clearly defining the state's role and obligations, the clause provides certainty to the other parties, reducing the risk of non-performance and ensuring that the agreement can be executed as intended.
State Commitment. (a) Unless prohibited by Law or government policy, the State will provide business development opportunities to the Native Title Party and ▇▇▇▇▇▇▇▇▇ Indigenous People in the manner set out in the State Employment and Business Development Management Schedule contained in Schedule 14.
(b) As part of its commitment under paragraph (a), the State will procure LandCorp, the Port Authority and other government entities, as notified by the State to the Native Title Party, to prepare an Indigenous participation plan in relation to their LNG Precinct-related operations. The manner in which these plans will be developed is set out in the State Employment and Business Development Management Schedule.
State Commitment. On and from the Secured Foundation Proponent Date, the State agrees to grant to the ▇▇▇▇▇▇▇▇▇ Native Title Parties other than the Native Title Party and the ▇▇▇▇▇▇▇ Peninsula Native Title Parties (or their nominee), an area totalling 600 hectares of freehold or other land (Grant Land) in accordance with the procedure set out in this clause 12.
State Commitment. The State agrees to provide to the Native Title Party the Native Title Party Housing Land as soon as reasonable practicable following the Commencement Date in accordance with the procedure set out in this clause 13.
State Commitment. (a) The State agrees to consider the transfer of Facilities in the LNG Precinct to the Native Title Party in accordance with the procedures set out in clauses 14.2 or 14.3 (as applicable).
(b) Any arrangements for the transfer of Facilities owned by a Proponent, must be agreed between the Native Title Party, the State and that Proponent.
State Commitment. (a) The State will reform Indigenous land on the ▇▇▇▇▇▇▇ Peninsula for the benefit of the ▇▇▇▇▇▇▇ Peninsula Native Title Parties to:
(i) enable more effective forms of tenure to support home ownership and economic development; and
(ii) fulfil, where possible, the land use aspirations of the ▇▇▇▇▇▇▇ Peninsula Native Title Parties.
(b) The process for the reform described in paragraph (a) will commence on the Secured Foundation Proponent Date.
State Commitment. On and from the Secured Foundation Proponent Date, the State agrees to grant to the Native Title Party an area totalling 2900 hectares of freehold or other land (Grant Land) in accordance with the procedure set out in this clause 11.
State Commitment. The commitment of the State of Wisconsin to provide funding for the Development in an amount equal to but not less than Fifteen Million Dollars ($15,000,000) (or such other lesser amount if the total cost of the Development is less than the Expected Cost after the Developer or Owner has taken such steps as may be appropriate under the circumstances to Value Engineer the Development).
State Commitment. Effective the pay period following ratification of the MOU, the State agrees to dedicate $25 million in Motor Vehicle Account (MVA) funds annually over four years beginning in fiscal year 2019-20 to make supplemental pension payments towards the Patrol Member Retirement plan, for a total of $100 million from the MVA. However, the $25 million payments from the MVA in the final two years (fiscal years 2021-22 and 2022-23) shall be subject to the following conditions: o If projected state revenues at the 2021-22 May Revision to the Governor’s Budget are insufficient to fully fund existing statutory and constitutional obligations, existing fiscal policy, and the costs of providing the aforementioned supplemental pension payments, as specified above, in the sole discretion of the Director of the Department of Finance, the $25 million supplemental payment for 2021-22 and 2022-23 shall be deferred to the respective next fiscal years. o If the $25 million 2021-22 supplemental payment is made and projected state revenues at the 2022-23 May Revision to the Governor’s Budget are insufficient to fully fund existing statutory and constitutional obligations, existing fiscal policy, and the costs of providing the aforementioned supplemental pension payments, as specified above, in the sole discretion of the Director of the Department of Finance the $25 million 2022-23 supplemental payment will be deferred to the next fiscal year. During the 2020-21 fiscal year, the State agrees to recast the $3 billion under ▇▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ (▇▇ ▇▇), and direct $243 million General Fund of the total $3 billion General Fund supplemental payment to CalPERS in the multi-year under SB 90, based on the proportion of the Patrol Member Retirement plan’s unfunded liability, for the purpose of reducing the plans’ unfunded actuarial obligation. The Department of Finance shall provide the Controller the schedule necessary to establish the timing of the transfer to be used for the purpose of reducing the unfunded actuarial obligation associated with the plan.