Net Public Benefit Assurance Sample Clauses

Net Public Benefit Assurance. For each Project, a Project SPE shall provide the State Entity with a Net Public Benefit assurance pursuant to the requirements of Exhibit “B”.
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Net Public Benefit Assurance. The amount of the Net Public Benefit for a specific Project shall be calculated annually throughout the term of such Project according to the principles set forth in Exhibit “B”. The plan to measure the annual Net Public Benefit for the Phase I Project is set forth in Exhibit “K”. Within ninety (90) days of the end of each Service Year of a Project, LAEP and the applicable Project SPE shall provide to the State or the applicable State Entity an annual reconciliation of the Net Public Benefit of such Project for the previous Service Year. The State and applicable State Entity shall have thirty (30) days to review and approve or dispute the annual reconciliation. Failure of the State or a State Entity to respond within thirty (30) days shall be deemed approval thereof. If the State disagrees with the annual reconciliation, the disagreement shall be considered a Dispute under ARTICLE 14 and shall be resolved pursuant to the terms contained therein. In any Service Year of a Project where there is not a Net Public Benefit, LAEP and the applicable Project SPE shall pay to the State the amount that the State Investment for that Project expended for that Service Year exceeded the Project Benefits for that Service Year. Such payment shall be made within thirty (30) days of the State or the applicable State Entity’s approval (or deemed approval) of the Net Public Benefit pursuant to this Section 2.3 or final resolution of any Dispute pursuant to ARTICLE 14, and shall not be in the form of a credit towards any charges for future Work or Services related to that Project. The failure of a Project to generate a Net Public Benefit for a Service Year shall not be deemed an overpayment for the purposes of La. R.S. 39:72(B). The determination of Net Public Benefit shall be determined on a Project-by-Project basis, and no deficit or surplus from any Project will affect or be taken into consideration in the determination of a Net Public Benefit, or lack thereof, for any other Project.
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Related to Net Public Benefit Assurance

  • Health Benefit Plan Par. 1. The Health Benefit Plan covering life insurance, sickness and accident benefits, and hospitalization insurance, or any changes thereto that are in accordance with the National Elevator Industry Health Benefit Plan and Declaration of Trust, shall be a part of this Agreement and adopted by all parties signatory thereto.

  • Financial Services Compensation Scheme We are a participant in the Financial Services Compensation Scheme (the “FSCS”). As a retail client you may be eligible to claim compensation from the FSCS in certain circumstances if we, any approved bank, our nominee company or eligible custodian are in default. Most types of investment business are covered in full for the first £85,000 of any eligible claim. Not every investor is eligible to claim under this scheme: for further information please contact us, or the FSCS directly at xxx.xxxx.xxx.xx.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • Public Benefits This Agreement provides assurances that the Public Benefits identified below will be achieved and developed in accordance with the Applicable Rules and Project Approvals and with the terms of this Agreement and subject to the City’s Reserved Powers. The Project will provide Public Benefits to the City, including without limitation:

  • BENEFIT FUND The Trustees are authorized and directed to establish a study committee to review the legality, feasibility and desirability of setting up and maintaining an employee funded Section 125 Flexible Spending Account (FSA). If an FSA is determined to be legal, feasible and desirable in this context, the Trustees are further authorized and directed to establish such an arrangement and offer it to employees covered by this Agreement; provided that the FSA shall not be offered to employees of any Employer who is unwilling or unable to permit employee participation in the FSA.

  • Public Benefit It is Reaction Retail’s understanding that the commitments it has agreed to herein, and actions to be taken by Reaction Retail under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Reaction Retail that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Reaction Retail’s failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Reaction Retail is in material compliance with this Settlement Agreement.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Workplace Safety Insurance Benefits (WSIB) Top Up Benefits If the employee is in a class of employees that, on August 31, 2012, was entitled to use unused sick leave credits for the purpose of topping up benefits received under the Workplace Safety and Insurance Act, 1997;

  • Extended Health Benefit Plan (a) All regular and probationary employees after three (3) months employment will be covered by a one hundred percent (100%) Extended Health Benefit Plan with the standard $100.00 deductible. The City will pay eighty percent (80%) of the costs and the twenty percent (20%) deduction for employees shall be made through payroll deductions. The extended health lifetime maximum will be $1,000,000.

  • Synopsis and Benefit to Xxxxxxx County The Agreement continues the contractual relationship between the Oregon State Marine Board and Xxxxxxx County through its Sheriff’s Office. The Sheriff’s Office will be reimbursed for marine law enforcement patrols, boater education, and boat inspections conducted throughout Xxxxxxx County.

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