Mitigation Fund Sample Clauses

Mitigation Fund. Twenty-five percent (25%) of the Overall Maximum Savings in Year 1 shall be allocated as the Mitigation Fund. Maximum Overall Savings is defined as the difference between the FY19 Overall Budget for the in force plan design medical insurance (City Side and Employee Side) and the FY 19 Overall Budget for the proposed plan design medical insurance (City Side and Employee Side). The calculation of the Overall Budgets will be based upon the plan selections made by the Active Enrollees and Early Retirees in Non-Medicare Eligible plans as of July 1, 2018, the contribution percentages in force as of July 1, 2018, and the FY19 rates as quoted by the Massachusetts Interlocal Insurance Association. It is presently estimated that the amount of the Mitigation Fund will be $1,265,908.
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Mitigation Fund. Without limiting the obligations imposed by Section 3.1, the Port further agrees that it will include within the scope of its agreement with the cruise terminal operator a fund of not less than two hundred fifty thousand dollars ($250,000.00) for mitigation measures specifically requested by the Port to either: (I) permit Event Activities to occur in the Xxxx Street Cruise Terminal Lease Area notwithstanding the redevelopment of the Xxxx Street Cruise Terminal or (ii) reduce the impact of the redevelopment on the adjoining Xxxx Harbor International Conference Center. The Port agrees that it will reasonably consult with Manager regarding the application of the mitigation fund in an attempt to maximize the benefit to the Facility and Manager’s operations from these funds. Amounts spent from the mitigation fund shall not, however, be an Operating Expense.
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Mitigation Fund. Before the Tribe begins construction of the proposed off-site storm drainage facility, it will establish an escrow account in which it will deposit the money to pay for projected mitigation associated with the storm water facilities. This amount will be equivalent to that which would be required of a private developer seeking to construct the same improvement. Once all improvements are made and mitigation measures fully implemented, should the project be approved following CEQA compliance, any unused or residual funds will be returned to the Tribe.
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Mitigation Fund. The Program Administrator will oversee the Mitigation Fund, which will cover unpaid rent and damages by tenants housed under this program up to $2,000 per household. The Mitigation Fund will also provide financial incentives for Landlords that allocate property to the program. Eligible costs include1: Holding fee of up to one month of rent to cover time for property inspection, etc. Unpaid back rent owed by the tenant. Reimbursement for repairs made to the unit due to damage caused by the tenant. Court fees and court costs associated with a summary process action or other action to enforce Landlord’s rights under the lease agreement. Court and storage fees associated with levying on an execution for Possession. An insurance deductible for covered damages. The following costs or losses are not included: Normal wear and tear (See Appendix I). Normal turnover costs.
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Mitigation Fund. PacifiCorp shall establish a Mitigation Fund, prior to making the first deposit under Section 19.3.3, to be administered by the USDA-FS for the purpose of offsetting adverse impacts to aquatic, terrestrial, and other natural resources caused by the Project and not otherwise mitigated for in Sections 4 through 18 of this Agreement. The Fund will be used to mitigate or compensate for Project impacts to wetlands and stillwater amphibian habitat, riparian and aquatic species connectivity, vegetation management, terrestrial species connectivity, and soil loss and soil productivity resulting in erosion. When deciding how the funds will be expended to address these impacts, the USDA-FS shall consult with the Parties, fully engage the public, and fully consider all public comment throughout the NEPA environmental analysis process for each undertaking. The Mitigation Fund shall be used to implement mitigation and enhancement measures on National Forest System lands and BLM-administered lands within the North Umpqua basin.
Sample 1
Mitigation Fund. The State shall provide and administer funding in the amount of $500,000 to be used as described in Article 9.6. When the fund balance reaches $50,000 or below, the Parties agree to support a request to the New Mexico State Legislature to replenish the fund by at least $500,000. The State assumes no obligation to replenish the funds once the funds are fully expended.
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Mitigation Fund 
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Related to Mitigation Fund

  • Vacation Fund It is agreed that all employers covered by the Agreement shall subtract a sum as listed in Schedule "A" herein for any compensable hour from each employee's net paycheck (after taxes) and shall pay this to a Vacation Fund as set forth herein. (Note: These sums shall be deductions (after taxes) from the rates shown in Schedule "A"). Said contribution shall be made to xxx Xxxxxxxxxx Vacation Trust of Western Washington in the manner as set forth in this Trust Agreement of said Trust. The details of such Vacation Plan established by the Trust Fund and this Trust Fund itself shall continue to be controlled and administered by a Joint Board of Trustees composed of equal representation of labor and management who are signatories to the Trust Agreement of the aforesaid Trust Fund. Each Trustee appointed by the Union shall be a member of the Union and employed by the Union and each Management trustee shall be a salaried executive or officer of a signatory Employer, or an employee of an Employer association on behalf of its member employers.

  • Education Fund The College will allocate $15,000 into an Education Fund as set forth in Appendix “F” to this Agreement.

  • Superannuation Fund Unless, to comply with superannuation legislation, the employer is required to make the superannuation contributions provided for in Clause 24(b) to another superannuation fund that is chosen by the employee, the employer must make the superannuation contributions provided for in Clause 24(b) and pay the amount authorised under Clauses 24(d)(i) or 24(d)(ii) to one of the following superannuation funds:

  • Escrow Account 31.1.1 The Concessionaire shall, prior to the Appointed Date, open and establish an Escrow Account with a Bank (the “Escrow Bank”) in accordance with this Agreement read with the Escrow Agreement.

  • Pension Fund 1. The Employer shall make contributions to a pension trust fund known as the “Building Service 32BJ Pension Fund” to cover bargaining unit employees who are regularly employed twenty (20) or more hours per week, including paid time off. The Employer shall also make contributions on behalf of other bargaining unit employees to the extent that such employees work a sufficient number of hours to require benefit accrual pursuant to Section 204 of ERISA. Employees unable to work and who are on statutory short term disability benefits or workers’ compensation shall continue to accrue pension credits without employer contributions during the periods of disability up to six (6) months or the period of disability whichever is earlier.

  • Project Fund (a) The proceeds of the Funding Loan shall be deposited by the Fiscal Agent to the Note Proceeds Account of the Project Fund. All proceeds of the Borrower Deferred Equity, as well as any additional amounts delivered from time to time to the Fiscal Agent by or on behalf of the Borrower (excluding any proceeds of the Funding Loan) shall be deposited to the Equity Account of the Project Fund. The Fiscal Agent shall disburse moneys in the Project Fund for the acquisition, construction and equipping of the Project, to pay other Qualified Project Costs and to pay other costs related to the Project as provided herein. Not less than 97% of the moneys deposited in and credited to the Note Proceeds Account of the Project Fund, and taking into account proceeds of the Funding Loan (if any) deposited in the Closing Costs Fund, representing the proceeds of the Funding Loan, including Investment Income thereon, will be expended for Qualified Project Costs (the “97% Requirement”). No more than $ of the amounts on deposit in the Note Proceeds Account of the Project Fund shall be applied to the payment of Closing Costs. Before any payment shall be made from the Note Proceeds Account of the Project Fund, the Regulatory Agreement shall have been executed and submitted to a title company for recordation in the official records of the County of San Diego. Notwithstanding any other provision of this Funding Loan Agreement or the Borrower Loan Agreement, the Fiscal Agent shall disburse on the Closing Date from the Note Proceeds Account of the Project Fund, promptly following the deposit therein of the initial advance of the Funding Lender to the Fiscal Agent of the proceeds of the Governmental Lender Notes, the amount of such initial advance by wire transfer to First American Title Company pursuant to the following wire instructions: PAYABLE TO: First American Title Company BANK: First American Trust, FSB ADDRESS: 0 Xxxxx Xxxxxxxx Xxx, Xxxxx Xxx, XX 00000 ACCOUNT NO: 3120540000 ROUTING NUMBER: 000000000 PLEASE REFERENCE THE FOLLOWING: PROPERTY: Vacant Land, Chula Vista, CA FILE NUMBER: Before any payment shall be made from the Note Proceeds Account of the Project Fund following the payment to be made on the Closing Date pursuant to the preceding sentence, there shall be filed with the Fiscal Agent a Written Requisition of the Borrower substantially in the form attached hereto as Exhibit C and approved by the Funding Lender pursuant to the terms, conditions and provisions of the Construction Funding Agreement, with a copy to the Governmental Lender.

  • Deductibles and Self-Insurance Retentions Any deductibles or self-insured retentions must be declared to and approved by the City. The City may require the Consultant to provide proof of ability to pay losses and related investigation, claims administration and defense expenses within the deductible or self-insured retention. The deductible or self-insured retention may be satisfied by either the named insured or the City.

  • Payment Account (a) On or prior to the Closing Date, the Property Trustee shall establish the Payment Account. The Property Trustee and any agent of the Property Trustee shall have exclusive control and sole right of withdrawal with respect to the Payment Account for the purpose of making deposits in and withdrawals from the Payment Account in accordance with this Trust Agreement. All monies and other property deposited or held from time to time in the Payment Account shall be held by the Property Trustee in the Payment Account for the exclusive benefit of the Securityholders and for distribution as herein provided, including (and subject to) any priority of payments provided for herein.

  • Investor Compensation Fund The Company is a member of the Investor Compensation Fund. The Client, under certain preconditions, is entitled to compensation from the Investor Compensation Fund. For more information please see Investor Compensation Fund 24. Acknowledgement of Risks By accepting this Agreement the Client accepts that the Client has read and understood the information contained in this Agreement and the Company’s general description of the nature and risks of different Financial Instruments, Products, and/or Service(s) which can be found in our Risk Disclosure

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