Fair Share Contribution definition

Fair Share Contribution. (for non-members of the Union who do not pay an “Equivalent Service Fee”) shall mean a service charge to defray amounts expended by the Union solely for purposes of representation in the form of collective bargaining, contract administration, and grievance adjustment, (but excluding amounts expended by the Union to finance any ideological, political or other activities not directly related to collective bargaining, contract administration, and grievance adjustment). A “Fair Share Contribution” shall be presumed to be an amount equal to, and shall in no event exceed, ninety-percent (90%) of the “Dues” or “Equivalent Service Fee”. The Union shall however, maintain accurate, open and itemized accounts of all its receipts and expenditures; and any employee having elected a “Fair Share Contribution” in lieu of “Dues” or an “Equivalent Service Fee” shall be entitled, upon a written request therefore, to refund from the Union for any fiscal year (of the Union) in which the Union’s actual expenditures for purposes other than collective bargaining, contract administration and grievance adjustment exceed 10% of its total expenditures in said fiscal year. The refund shall in such cases, be in an amount necessary to cause the employee’s “Fair Share Contribution” remaining unrefunded to equal that percentage of dues for the fiscal year in question which equals the percentage (less than 90%) of the Union’s total expenditure during the fiscal year made solely for collective bargaining, contract administration, and grievance adjustment.
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Fair Share Contribution means voluntary contributions paid to the licensee by the creditor for collecting funds from clients pursuant to debt management plans.
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Fair Share Contribution means voluntary contributions paid to the licensee by the creditor for collecting funds from clients pursuant to debt management services.
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Examples of Fair Share Contribution in a sentence

  • Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 10.06 and a right to receive any Fair Share Contribution Amount shall be deemed an asset of the Guarantor entitled to such amount.

  • It shall be a condition to the City’s issuance of building permits for the Project that the Developer shall pay its Fair Share Contribution Requirement for the “Intersection and Street Improvements” as defined in and set forth on Exhibit L-2 attached hereto.

  • As part of the Fair Share Contribution Requirement, City and Developer shall coordinate on the timing of funding from Developer to ensure the Developer’s contribution of its proportionate share so the City has the funding available for the improvements when they are ready for construction; Developer will also fund at City’s request a City commissioned fair share allocation study to determine the appropriate fair share amounts of the projects in the Intersection Study Area.

  • In addition to assessing the Developer’s intersection improvement obligation, the Fair Share Contribution Requirement shall also apply to pending and future projects located in and around the Intersection Study Area that have not already obtained a vested development right, including but not limited to those related projects identified and evaluated in the 2022 SEIR for cumulative impact study purposes.

  • Subject to reimbursement from other projects that are also required to pay the Fair Share Contribution Requirement for the Intersection and Street Improvements, including the payment for acquisition of additional right-of-way, the Developer shall work with City and use its best efforts to ensure that as many as the above referenced Intersection and Street Improvements are funded and completed prior to issuance of any Certificate of Occupancy for the buildings within PA3(a).

  • Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 13.6 and a right to receive any Fair Share Contribution Amount shall be deemed an asset of the Guarantor entitled to such amount.

  • Upon approval by the City of the Final PS&E, City shall calculate the Developer’s Fair Share Contribution by multiplying the Percentage of Construction by the total costs of the Construction of the Roundabouts identified in the Final PS&E.

  • Accordingly, Developer shall pay (a) at the Phase I Close of Escrow the sum of Two Hundred Sixteen Thousand Nine Hundred Fifty Nine ($216,959.00), comprising the agreed upon pro rata share of the Project Fair Share Contribution attributable to Phase I and (b) at the Phase II Close of Escrow, the sum Two Hundred Forty One Thousand Sixty Seven Dollars ($241,067.00) comprising the agreed upon pro rata share of the Project Fair Share Contribution attributable to Phase II.

  • Each Corporate Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 11.06 and a right to receive any Fair Share Contribution Amount shall be deemed an asset of the Corporate Guarantor entitled to such amount.

  • Upon payment of the Fair Share Contribution for Off-Site Traffic Improvements, Developer shall have no further obligation to the City for the costs of design or construction of the Off-Site Traffic Improvements, regardless if such costs of construction exceed the estimate set forth on Exhibit P.


More Definitions of Fair Share Contribution

Fair Share Contribution. Amount” 6.2
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Fair Share Contribution means the amount charged to applicants impacting the Improved Links pursuant to Objective _______ of the City 2010 Comprehensive Plan Traffic Circulation Element as a condition to transportation concurrency approval on deficit transportation links under the Concurrency Ordinance, as such charges may be modified from time to time; provided such Fair Share Contribution charged for the Improved Links until the Investment Recoupment Termination Date, shall be not less than the amount per Trip for the Improved Links set forth on Schedule 3 attached (the "Minimum Fair Share Payment").
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Fair Share Contribution means the sum of money to be paid by a Subscriber Agency for services and is calculated by taking the total of the Fair Share Percentages, as defined below, for all Subscriber Agencies, dividing that total by the individual Subscriber Agency's Fair Share Percentage, and then multiplying the result by the Annual Budget for the prospective fiscal year. Fair Share Percentages means those percentages calculated utilizing population values (provided by the State of California) and the square miles of the respective Subscriber Agency (provided by the County of Orange). The Fair Share Contribution for all cities excluding Provider Agencies for the Fiscal Year 2013/2014 is estimated to be: City Estimated Fair Share Using Sq. Mile + Population Brea 7% Costa Mesa 13% Fountain Valley 7% Fullerton 17% Garden Grove 18% ▇▇▇▇▇▇ ▇▇▇▇▇ ▇% ▇▇▇▇▇▇▇ ▇▇▇▇▇ 15% Orange 18% Total 100.00% The Fair Share Contributions set forth above are subject to change in the event that fewer cities subscribe than reflected in the calculation. For succeeding fiscal years, the Administrator Coordinator of the Authority will notify existing and prospective subscribers of their estimated Fair Share Contribution assuming full participation at least ninety (90) days prior to the date that the Board is scheduled to adopt the budget for the Authority for the next fiscal year. The actual Fair Share Contributions will then be established by the Board based upon the number of subscribers who either enter into or continue an existing Subscription Agreement for that fiscal year. The Fair Share Contribution may be changed as appropriate by action of the Board in the event that, after the commencement of the fiscal year, additional agencies become subscribers.
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Fair Share Contribution is defined in Section 4.7.
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Related to Fair Share Contribution

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Fair Share Shortfall means, with respect to a Contributing Guarantor as of any date of determination, the excess, if any, of the Fair Share of such Contributing Guarantor over the Aggregate Payments of such Contributing Guarantor. “Adjusted Maximum Amount” means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty or a Related Guaranty, in each case determined in accordance with the provisions hereof and thereof; provided that, solely for purposes of calculating the “Adjusted Maximum Amount” with respect to any Contributing Guarantor for purposes of this paragraph 2, the assets or liabilities arising by virtue of any rights to or obligations of contribution hereunder or under any similar provision contained in a Related Guaranty shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty and the Related Guaranties (including, without limitation, in respect of this paragraph 2 or any similar provision contained in a Related Guaranty). The amounts payable as contributions hereunder and under similar provisions in the Related Guaranties shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this paragraph 2 or any similar provision contained in a Related Guaranty shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder or under a Related Guaranty. Each Contributing Guarantor under a Related Guaranty is a third party beneficiary to the contribution agreement set forth in this paragraph 2.

  • Fair Share means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (a) the ratio of (i) the Fair Share Contribution Amount with respect to such Contributing Guarantor to (ii) the aggregate of the Fair Share Contribution Amounts with respect to all Contributing Guarantors multiplied by (b) the aggregate amount paid or distributed on or before such date by all Funding Guarantors under this Guaranty in respect of the obligations Guaranteed. “Fair Share Contribution Amount” means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following: