Management requirements definition

Management requirements. For equipment (including replacement equipment) acquired in whole or in part with CDBG funds, the subrecipient must have procedures and control systems in place to: • Keep adequate equipment records, which must include information on: • Property description. • Identification. • Funding source (grant number). • Title holder. • Acquisition date and cost. • Federal share of cost. • Location, use, and condition. • Unit acquisition cost. • Disposition data. • Conduct a physical inventory of the property no less often than every 2 years, with a reconciliation of the inventory results with the equipment records. • Ensure adequate safeguards for preventing loss, damage, or theft of property. • Maintain the equipment in good condition. • Disposition: When original or replacement equipment acquired with CDBG funds is no longer needed for the original project or program or for other activities currently or previously assisted with Federal funds, the following rules of disposition will apply to governmental subrecipients:
Management requirements means the contract management requirements that the Parties will assume to manage the implementation of this Agreement including as set out in Clause 39 and the Purchase Order (where relevant); Control means:
Management requirements means that (a) Xxxxxxx X. Xxxxxx, Xxxxx X. Xxxxxxxx, Xxxx Xxxxxx and/or Xxxxxxx Xx shall own at least 51% of the Approved Manager pursuant to a management agreement reasonably satisfactory to Lender and shall control the day-to-day operations of such Approved Manager and (b) such Approved Manager manages the day-to-day operations of the Individual Property owned by the Permitted TIC (not shared with any other person or entity except Borrower and a tenant in occupancy under a Lease at the Individual Property).

Examples of Management requirements in a sentence

  • There are no specific Configuration Management requirements applicable to this SOW.

  • When acquiring replacement equipment, the grantee or subgrantee may use the equipment to be replaced as a trade-in or sell the property and use the proceeds to offset the cost of the replacement property, subject to the approval of the awarding agency.(d) Management requirements.

  • You may always elect to receive services that do not comply with BlueCross’s Care Management requirements or Utilization Policy, but doing so may affect the Coverage of such services.A. Prior AuthorizationSome Covered Services must be Authorized by BlueCross in advance in order to be paid at the Maximum Allowable Charge without Penalty.

  • You may always elect to receive services that do not comply with BlueCross’ Care Management requirements or Utilization Policy, but doing so may affect the Coverage of such services.

  • The following question is intended to determine whether the records and data/information in the system have approved records retention schedule and disposition instructions, whether the system incorporates Records and Information Management and NARA’s Universal Electronic Records Management requirements, and if a strategy is needed to ensure compliance.

  • The Contractor shall flow-down Earned Value Management requirements to subcontractors meeting the applicable thresholds and/or assigned critical tasks.

  • The applicant is required to demonstrate compliance with the City’s Stormwater Management requirements to the satisfaction of the City’s Permit and Development Center.

  • Cohort Requirement For PGA Golf Management requirements, each entering class will be considered a cohort.

  • Management requirements, including inventory and control systems, for equipment are provided in 2 CFR 200.313(d).

  • The authorized official is the person indicated as the authorized representative on the SF-424M and the official recipient of the Notice of Award per Office of Grant Management requirements.

Related to Management requirements

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.