LMCI definition

LMCI means the NEB Land Matters Consultation Initiative (including, but not limited to RH-2-2008 and MH-001-2012) and the decisions, directions and orders issued in those proceedings, and any proceeding established or NEB decisions made in connection with the RH-2-2008 or MH-001-2012 hearings;

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LMCI has the meaning as set out in subsection 4.2(b)(ii).

LMCI or “Land Matters Consultation Initiative” means the NEB Land Matters Consultation Initiative Stream 3 – Pipeline Abandonment – Financial Issues, regarding abandonment cost estimate (“ACE”) and set-aside and collection mechanism (“▇▇▇-COM”), including RH-2-2008, MH-001-2012, MH-001-2013, the Five-Year Review of ACE and ▇▇▇-COM 2021, and the decisions, directions, and Orders issued in those proceedings or any other existing or future proceedings established by the NEB or CER in connection with the abandonment of pipelines that are applicable to the Canadian Mainline.

Examples of LMCI in a sentence

• If an Employer fails to make contributions to the LMCI within twenty (20) days after the date required by the Trustees, the Union shall have the right to take whatever steps are necessary to secure compliance with this Agreement, any other provision hereof to the contrary notwithstanding, and the Employer shall be liable for all costs of collection of the payments due together with attorney fees and such penalties as may be assessed by the Trustees.

• We hereby establish a contribution to the Labor Management Cooperation Initiative (LMCI) effective the date of this working agreement and any renewals or extensions thereof.

• The payments to the Pension, Apprenticeship and LMCI Funds described above shall be made separately to each respective Fund or as otherwise set forth in written instructions that the Employer shall receive from the Administrator(s) of each respective fund.

• For each hour or portion of an hour for which an employee receives pay, the Employer shall make a contribution as per Article VI of this Agreement to the Industry Pension Fund, FTI and to the LMCI.

• LMCI funds may be requested to initiate the upgrade and safety program.

• The Health & Welfare Trust, Pension Trust, Training Trust, WCISAP Trust and LMCI Trust are known collectively as the “Trust Funds.” The Trust Agreements of each of the Trust Funds as in effect on the date of this Agreement are incorporated herein by reference and made a part of this Agreement.

• The Employer and Union hereby irrevocably designates as its representatives on the Board of Trustee of the International Painters and Allied Trades Industry Pension Fund, the FTI and the LMCI such Trustees as are now serving, and who will in the future serve, as Employer and Union Trustees, together with their successors, as provided for in the aforesaid trust indentures.

• Effective June 1, 2024, the Employer agrees to contribute seventy-three cents ($0.73) per hour, ten cents ($0.10) per hour to the National LMCI, forty-nine cents ($0.49) per hour to the Local LMCC, and fourteen cents ($0.14) per hour to the Painters and Allied Trades Compliance Administrative Trust (PATCAT) for each employee covered by this Agreement for all hours worked to the Southern California Glazing and Architectural Metal Industry LMCC Trust.

• The payments to the Industry Pension Fund, the IUPAT Annuity Fund, Apprenticeship and LMCI Funds described above shall be made separately to each respective Fund or as otherwise set forth in written instructions that the Employer shall receive from the Administrator(s) of each respective fund.

• For each hour or portion of an hour for which an employee receives pay, the Employer shall make a contribution as per Article 30 of this Agreement to the Industry Pension Fund, IUPAT Annuity Fund, FTI and to the LMCI.