Beginning September. 1, 1981, unpaid leave of absence, except as provided to the contrary in the then effective Collective Bargaining Agreement, or in the event no Collective Bargaining Agreement is in effect, the most recent expired Agreement, shall be deducted in monthly multiples from the teacher's accrued seniority.
Beginning September. 1, 2021, Bus Drivers that are driving full time (morning and afternoon run) will be eligible for Dental and Vision Insurance. In addition, they will be eligible for single subscriber health insurance. (Employee will be responsible for employee portion)
Beginning September. 1, 2015, all proceeds of the Six Cent LOGT imposed under the provisions of Section 336.025(1), Florida Statutes (or any successor legislation), less any service charges and fees collected by the Florida Department of Revenue, or its successor agency, (the “net tax proceeds”) shall be divided and distributed among Orange County and the municipalities located therein, based upon each governmental entity’s percentage of Orange County’s total estimated population. For purposes of calculating the County’s share of the net tax proceeds, the County’s population shall be deemed to be those citizens residing outside the boundaries of any municipality located therein. The population percentages shall be updated annually each September 1st using estimated population data provided pursuant to Section 186.901, Florida Statutes, as it may be amended from time to time.
Beginning September. 30, 2001, maintain as of the end of each fiscal quarter of JPE set forth below an Interest Coverage Ratio of not less than the following amounts: Fiscal Quarter Ending Ratio September 30, 2001 1.35 to 1.0 December 31, 2001 2.0 to 1.0
Beginning September. 1, 1996, Lessee shall pay to Lessor a minimum monthly royalty or rental under this Lease the sum of Sixty Thousand ($60,000) Dollars, or such adjusted amount pursuant to the terms of this Article, for each calendar month during the term of this lease; whether the amount of coal mined and removed during any such respective calendar month shall produce that amount of royalty or not. The minimum monthly royalty or rental amount shall be reduced by Five Thousand ($5,000.00) Dollars for each area covered by the Exhibits hereto which Lessee surrenders pursuant to Article III herein. Such reduction shall be effective with the first full month following such surrender. Provided, however, if Lessee shall fail in any such month to mine the tonnage required to pay the minimum monthly royalty or rental aforesaid by payment of tonnage or percentage royalties as hereinbefore provided, Lessee shall have the right during the next succeeding thirty-six (36) months, after the minimum monthly royalty or rental for each of said months shall have been paid, to mine and remove sufficient coal, free of royalty, to reimburse itself for the royalty or rental paid for such preceding month or months in excess of coal actually mined during said month. But such right of reimbursement shall be limited to the above prescribed recoupment period following any month of minimum deficit, and no credit shall be carried forward to any subsequent month for coal mined in excess of the minimum requirement. It is understood, however, that should the term of this Lease be extended, any recoupable royalty credit remaining at that time shall be carried forward into such extension. It is further understood that Lessee shall have the right to recoup the balance of recoupable minimum royalty which exists under the Prior Leases within the terms of this Lease as if the lump sum totals of the recoupable minimum royalty under the Prior Leases had been made for the month of August, 1996. Payment of any amount necessary to complete the minimum monthly royalty or rental for any month shall be made on or before the 20th day of the month for the preceding calendar month. Notwithstanding the provisions of any other article of this Lease, to the contrary, it is the intent of this article that Lessor be guaranteed minimum royalty or rental payments in the aforesaid amounts and nothing contained in any other article of this Lease shall be construed to alter or diminish this requirement.
Beginning September. 30, 2017, the Lux Borrower shall repay principal of outstanding Initial Term Loans on each Scheduled Principal Repayment Date described below in the aggregate principal amount described opposite such Scheduled Principal Repayment Date (as adjusted from time to time pursuant to Sections 2.11(a), 2.11(d)(i), 2.20, 2.24, 2.25, 9.04(g) and 9.04(k)): Scheduled Principal Repayment Dates Amount Each Scheduled Principal Repayment Date 0.25% of the aggregate principal amount of Initial Term Loans incurred on the Closing Date Maturity Date All remaining outstanding principal of Initial Term Loans To the extent not previously repaid, all unpaid Initial Term Loans shall be paid in full in Dollars by the relevant Borrower on the applicable Maturity Date. To the extent specified in the applicable Extension Offer, amortization payments with respect to Extended Term Loans for periods prior to the then current Maturity Date for any applicable Term Loans may be reduced (but not increased) and amortization payments required with respect to Extended Term Loans for periods after such applicable Maturity Date shall be as specified in the applicable Extension Offer.
Beginning September. 19, 2019, the Board shall pay Xxx a base gross annual salary in the amount of $159,647.00.
