Financial Considerations. 5.1 In the event aggregate funding provided to SCDDO from county, state and/or federal sources is reduced or in any way becomes insufficient to fund this Agreement, the obligations of both SCDDO and the CSP must thereupon be: (1) reduced on a pro rata basis, or (2) renegotiated or terminated, provided that any termination of this Agreement must be without prejudice to any obligations or liabilities of the parties accrued prior to the termination.
Financial Considerations. (a) Product Owner's cost of the Infomercial shall not exceed $250,000, and Product Owner's cost of the Spot shall not exceed $28,000 (collectively referred to as "Cost Estimate"). For purposes of determining Hawthorne's costs for all purposes under this Agreement, Hawthorne's staff will be invoiced at actual salaries, plus 25% for taxes and benefits, and out-of-pocket expenditures will be invoiced at Hawthorne's actual cost with no markup by Hawthorne.
Financial Considerations. X. XXXXX shall review all transportation bills prior to payment by member districts to any contracted carrier(s).
Financial Considerations. As full compensation for the license granted to Licensee herein, Licensee shall pay to Inserm Transfert, on behalf of the Licensors, the amounts set forth in this Article 7. Inserm Transfert should be in charge of distributing said amount between the Licensors. Each payment hereunder shall be made pursuant to the conditions in Article 7 herein.
Financial Considerations. 5.1 The Partner shall pay any reasonable costs associated with the approval of the progression arrangement, its monitoring and review and the renewal of the Agreement.
Financial Considerations. Caterer will pay a facilities fee equal to 5% of the total invoice. Caterer will provide a copy of the invoiced amounts to UCC in addition to a check payable to UCC Accounting and Finance no later than 30 days past the date of the event. If Xxxxxxx fails to provide an invoice within this time, UCC may, at its sole discretion cancel the agreement with the Caterer.
Financial Considerations. Revenue Sources: Expenditure Accounts: Budgeted Fiscal Year(s): FY 2013-2014 Budgeted Expenditure: $19,182 Estimated Expenditure: $19,182 Over/Under Projection By: -0- Other Comments: SUPPORTING DOCUMENTS: Interlocal Agreement
Financial Considerations. The Group intends to finance the Transaction through a combination of a £305m credit facility equally underwritten by Santander and BNP Paribas and £260m equity raise. Xxxxxxxxx has consistently been a strong strategic partner to XxxxxXxx having arranged five financings since its early days in 2016. The financing structure abides by our guiding principle of managing a robust balance sheet. As a result, the pro-forma 2020 ND/EBITDA is 1.97x. Moreover, it is worth noting our EBITDA will achieve a 3x increase post-deal.
Financial Considerations. The essence of a merger is the joining of forces to create a larger, stronger organization. The associated financial implications should result in a larger budget and greater assets. In the process of merging the assets of each association, some property or other fixed assets may be sold to eliminate duplication or to make the new organization more responsive to Member needs. It should be clearly understood from the outset that the new organization will receive the proceeds from the sale of any assets. A merger is different from an acquisition (where one group will be paid for its assets). Members should not expect to receive direct monetary remuneration for their past or ongoing contributions to the association. In order to deal with the financial matters, the Merger Committee should request a current balance sheet from each association. The balance sheet should summarize the assets of the association. The assets of the association should include the cash, investments and accounts receivable (net of possible uncollectible amounts), property (including building, equipment and autos, etc.). The assets of the association should be reported at current market value. Any outstanding liabilities also should be listed. The liabilities of the association would include current amounts due to vendors, as well as long term liabilities such as the building mortgage. The Merger Committee should periodically receive updated balance sheet data, since the operations of the association will continue during the period of time the committee is deliberating. Associations should retain the services of a professional accountant to guide them through the financial implications of the merger.
Financial Considerations. It is the City’s position that the City continue to receive payment in lieu of taxes and/ or tax revenue at a level not to exceed the current level. As well, whatever development takes place on the lands, the cost of providing municipal services is to be funded by development charges or another mechanism. Given the financial issues to be considered as part of the negotiations on an operating protocol agreement, it is recommended that the Chief Financial Officer, or designate, sit on the staff Steering Committee.
