LEGAL TRUST FUND Sample Clauses

LEGAL TRUST FUND. In addition to the wage or salary paid under Article 21, the Employer agrees to pay the Alaska State Employee's Association Legal Trust Fund four dollars ($4.00) per bargaining unit member in pay status in the pay period for which the contribution is made. The payments are due within ten (10) working days after payroll run date. The Fund shall be sponsored and administered by the Union. The Employer shall have no voice in the amount or type of service provided by this plan; however, services provided by the Fund shall not be used in actions involving, or in a position adverse to the State of Alaska. The Fund shall attempt to obtain the maximum service possible for the bargaining unit member. This Article confers only the right to demand and enforce payment of the required contributions. Failure to remit the required contribution does not give rise to any grievance or cause of action by the Union, its members, or any other person for other harm or damages which might result. The provision or retention of legal assistance under this Article is the sole and exclusive responsibility of the Union and/or the member. Unless such actions are taken to demand and enforce payment by the State of the required contributions, the Union agrees to defend, indemnify and hold harmless the State against any and all legal actions, orders, judgments or other decisions rendered in any proceeding as a result of the implementation of this Article.
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LEGAL TRUST FUND. In addition to the wage or salary paid under Article 21, the Employer agrees to pay the Alaska State Employees’ Association Legal Trust Fund four dollars ($4.00) per bargaining unit member in pay status in the pay period for which the contribution is made. The payments are due within ten (10) working days after payroll run date. The Fund shall be sponsored and administered by the Union. The Employer shall have no voice in the amount or type of service provided by this plan; however, services provided by the Fund shall not be used in actions involving, or in a position adverse to the State of Alaska. The Fund shall attempt to obtain the maximum service possible for the bargaining unit member. This Article confers only the right to demand and enforce payment of the required contributions. No dispute under or relating to such benefits or claims shall be subject to the grievance- arbitration procedure in the Collective Bargaining Agreement except a claim that the Employer failed to make the agreed upon contributions. Only the State’s failure to make the required contribution is subject to the grievance-arbitration procedure. The provision or retention of legal assistance under this Article is the sole and exclusive responsibility of the Union and/or the member. Unless such actions are taken to demand and enforce payment by the State of the required contributions, the Union agrees to defend, indemnify and hold harmless the State against any and all legal actions, orders, judgments or other decisions rendered in any proceeding as a result of the implementation of this Article.
LEGAL TRUST FUND. 24.01 The parties agree to the creation of a Legal Trust Fund for the purpose of paying legal fees payable under Article 23.01, which will be funded through equal payments by the Centre and the employees in the amount of one dollar ($1.00) per week per employee and evenly matched by the Employer. It is understood that the Centre will advance funds for payment of legal fees payable under Article 23.01 until there are sufficient funds to reimburse the Centre. The Trust Fund deductions, made through payroll deductions, shall have a ceiling of $50,000 after which deductions will cease. In the event the Legal Trust Fund is utilized, deductions shall be made, along with the Employer matching contributions, until the Fund including contributions from both parties has again reached the maximum $100,000. In the event an employee is found innocent, the Employer shall reimburse the fund at the rate of 100%. The cost of administration creation and setting up will be first charge on the Fund.
LEGAL TRUST FUND. A. In addition to the wages paid per Article 24, the Employer agrees to pay the Alaska Public Employees Association/AFT Legal Trust Fund (hereinafter the Fund) $12.00 per month per Bargaining Unit Member in pay status in the month in which the contribution is made.
LEGAL TRUST FUND. In addition to the wage or salary paid under Article 21, the employer agrees to pay the Alaska state Employee's Association Legal Trust Fund four dollars ($4.00) per bargaining unit member in pay status in the pay period for which the contribution is made. The payments are due within ten (10) working days after payroll run date. The Fund shall be sponsored and administered by the union. The employer shall have no voice in the amount or type of service provided by this plan; however, services provided by the Fund shall not be used in actions involving, or in a position adverse to the state of Alaska. The Fund shall attempt to obtain the maximum service possible for the bargaining unit member. This Article confers only the right to demand and enforce payment of the required contributions. Failure to remit the required contribution does not give rise to any grievance or cause of action by the union, its members, or any other person for other harm or damages that might result. The provision or retention of legal assistance under this Article is the sole and exclusive responsibility of the union and/or the member. Unless such actions are taken to demand and enforce payment by the state of the required contributions, the union agrees to defend, indemnify and hold harmless the state against any and all legal actions, orders, judgments or other decisions rendered in any proceeding as a result of the implementation of this Article.
LEGAL TRUST FUND 

Related to LEGAL TRUST FUND

  • The Trust Fund Xxxxxx Mae, acting in its capacity as Trustee for the Lower Tier REMIC, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Xxx, acting in its capacity as Trustee for the Trust Fund established hereby, all of Xxxxxx Mae’s right, title and interest in and to the Lower Tier Regular Classes, including all payments of principal and interest thereon received after the month of the Issue Date.

  • Trust Fund The Buyer is a trust fund whose trustee is a bank or trust company and whose participants are exclusively (a) plans established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees, or (b) employee benefit plans within the meaning of Title I of the Employee Retirement Income Security Act of 1974, but is not a trust fund that includes as participants individual retirement accounts or H.R. 10 plans.

  • TRUST FUNDS The Owner hereby gives power to the Agent to deposit all receipts collected for the Owner, less any sums properly deducted or disbursed, in a financial institution whose deposits are insured by an agency of the United States government. The funds shall be held in a trust account separate from the Agent’s personal accounts. The Agent shall not be liable in the event of a bankruptcy or failure of a financial institution. All funds managed under this section must be done so in accordance with applicable law.

  • Training Trust Fund Section 1. On work covered by this Agreement, the Employer agrees to pay into the Indiana Laborers Training Trust Fund the amount in cents per hour as shown in Article

  • Pension Trust Fund Contingent upon the Fund being jointly and equally trusteed, the Employer shall contribute to the International Union of Operating Engineers Local 870 Pension Trust Fund in accordance with the attached Appendix A and forming part of this Agreement.

  • Trust Property The property, or interests in property, constituting the Trust Estate from time to time. UCC: The Uniform Commercial Code, as in effect in the relevant jurisdiction.

  • PERPETUAL TRUSTEES W A. LTD. (ACN 008 666 886) of 00 Xx. Xxxxxx’s Terrace Perth in the State of Western Australia as trustee of the Burswood Property Trust (“the Trustee”); AND BURSWOOD RESORT (MANAGEMENT) LIMITED (ACN 009 396 945) of 00 Xxx Xxxxxxxxx Xxxxx xx xxx Xxxxx xx Xxxxxxx Xxxxxxxxx as manager of the Burswood Property Trust (“the Manager”) of the third part.

  • Trust This Certificate represents ownership of a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended. The issue date of this Certificate is August 26, 2005. Unless this Certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”), to the Company or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. The Class 1-A-7 Certificates will provide credit support to another Class of Certificates, as described in the Pooling Agreement. WMALT Series 2005-7 Portion of the Class 1-A-7 Principal Balance as of the Cut-Off Date Evidenced by this Certificate: $1,000,000.00 Class 1-A-7 Certificate Interest Rate: 5.500% Cut-Off Date: August 1, 2005 First Distribution Date: September 26, 2005 Last Scheduled Distribution Date: September 25, 2035 Class 1-A-7 Principal Balance as of the Cut-Off Date: $1,000,000.00 Cede & Co. Registered Owner Exhibit A CUSIP 93934F BK7 WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATE Class 1-A-8 Evidencing a beneficial interest in a pool of assets consisting of beneficial interests in another pool of assets consisting of beneficial interests in another pool of assets consisting of, among other things, conventional one- to four-family mortgage loans formed by WASHINGTON MUTUAL MORTGAGE SECURITIES CORP.

  • Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

  • The Unemployment Trust Fund 8.3.1 The State shall use the following method to calculate State interest liabilities on funds withdrawn from the several accounts in the Unemployment Trust Fund: The State shall use the following methodology to calculate State interest liabilities on funds withdrawn from the several accounts in the UTF under the Unemployment Insurance program. Based on statements provided by its financial institution, or other appropriate source, the State shall determine the actual interest earnings and the related banking costs attributable to funds withdrawn from its account in the UTF. At the end of the State's fiscal year, the State shall calculate the percentage of its total unemployment compensation expenditures for (1) funds withdrawn from the State account in the UTF, or the State %, and (2) funds withdrawn from the Federal Employees Compensation Account (FECA) and the Extended Unemployment Compensation Account (EUCA) and any other accounts of Federal funds in the UTF, or the Federal %. The State shall calculate the actual interest earnings and the related banking costs attributable to funds withdrawn from the State account in the UTF by multiplying the State % by the amount of the actual interest earnings and the related banking costs of the account as a whole. The State's liability for interest on funds withdrawn from its account in the UTF shall consist of the actual interest earnings attributable to such funds less the related banking costs attributed to such funds. The State shall determine the average daily cash balance of its unemployment compensation benefit payment account for its fiscal year. The State shall calculate the average daily cash balance of Federal funds by multiplying the Federal % by the average daily cash balance of the benefit payment account on the whole. The State's liability for interest on funds withdrawn from the FECA and EUCA (and any other benefit accounts of Federal funds in the UTF from which the State draws funds) shall be the average daily cash balance of Federal funds multiplied by the annualized rate equal to the average equivalent yields of 13-week Treasury bills auctioned during the State's fiscal year.

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