Accounting Arrangements Sample Clauses

Accounting Arrangements. 14.1 The Parties acknowledge that the costs of the Project may vary substantially from year to year, and agree to meet the actual costs of the Project as they become due.
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Accounting Arrangements. 15.1 Accounting for Commonwealth environmental water use needs to satisfy a high level of public accountability and provide transparency in how water has been used, including its interaction with planned environmental water and water managed for other objectives. Discharging the CEWH’s statutory obligations for public reporting requires:
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Accounting Arrangements. 9.1 The Partnership Treasurer shall undertake the financial administration on behalf of the Partnership and shall be responsible for the exercise of proper financial control of the budget in accordance with good public administration accounting practice and its internal financial regulations.
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Accounting Arrangements. The City of Edinburgh Council has been nominated, and will assume the role of Partnership Treasurer and acting as the accountant for the Lothian and Borders Partnership collective. It will be responsible for receiving grants from the Scottish Programme Office and reallocating these to individual participants. The Partnership Treasurer will receive grant funding on a regular basis from the Scottish Programme Office based on its continuing performance against targets. Each participant is required to provide a detailed breakdown of expenditure incurred each period/month. This breakdown should be included with the invoice raised against the Partnership Treasurer. Participants will invoice the Partnership Treasurer on a period basis for their total expenditure in that period. On receipt of the invoice the Partnership Treasurer will reimburse the participant if there are sufficient funds available. If there are insufficient funds each participant will only be reimbursed on a pro rata basis based on the Operational Case cash flow projections. VAT is recoverable for participants if the service or asset is used exclusively for ‘Crown’ business. In this case each participant, except the Police, will invoice the Partnership Treasurer net of VAT with each individual participant being responsible for its own VAT recovery. The VAT rules governing the Police are different. The Police will continue to invoice inclusive of VAT, with the Partnership Treasurer claiming the VAT recovery. The Partnership Treasurer in conjunction with the Partnership Manager will exercise effective financial monitoring of the Partnership’s income and costs throughout the year to ensure the early detection of any potential deficit position at year-end. Appropriate corrective action will be taken to address a potential deficit and this may include:-
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Accounting Arrangements. 5.1 In determining the pooled budget arrangements the following factors have been considered
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Accounting Arrangements. The Partnership Treasurer shall undertake the financial administration on behalf of the Partnership and shall be responsible for the exercise of proper financial control of the budget in accordance with good public administration accounting practice and its internal financial regulations. The Partnership Treasurer may recover a fee (to be agreed by the Executive Board in advance for each year of the Agreement) in consideration of it providing financial administration services on behalf of the Partnership. The Partnership Treasurer and the Police shall each maintain a separate account for the Partnership which shall show income/expenditure and capital/revenue separately. The Partners shall be entitled to receive full details of the accounts maintained by the Partnership Treasurer and the Police who shall each supply copies of the same to Partners upon request.
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Accounting Arrangements. 6.1 Each Partner will create and maintain a clearly identifiable structure within its accounting system to enable effective monitoring and reporting of the Pooled Fund.
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Accounting Arrangements. The States acknowledge that procedures satisfactory to both parties will be implemented to ensure that each State meets the agreed share of the final actual cost of the Project. The accounting and audit procedures implemented must satisfy the public accountability and administration requirements of each State for the funding of infrastructure.
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Accounting Arrangements. The PCT shall be responsible for the financial administration and accounting arrangements of the Pooled Fund. The PCT shall: maintain financial records in a format that will allow effective monitoring and reporting and completion and audit of performance returns and grant claims; provide information on a monthly basis [to the Council to enable the timely recover of VAT for purchases relating to the Services; and produce a memorandum of account at the end of each financial year for inclusion in the Council’s statutory accounts.
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Related to Accounting Arrangements

  • Reporting Arrangements The States will report against the agreed milestones during the operation of this Agreement, as set out in Part 4 – Project Milestones, Reporting and Payments.

  • Off-Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • Intercompany Arrangements Prior to the Closing, Seller shall cause any contract or arrangement that Seller is a party to as disclosed (or should have been disclosed) in Section 3.12(a)(viii) of the Disclosure Schedule, to be terminated.

  • Business Arrangements Except as disclosed in the Registration Statement, the Time of Sale Disclosure Package and the Prospectus, neither the Company nor any of its subsidiaries has granted rights to develop, manufacture, produce, assemble, distribute, license, market or sell its products to any other person and is not bound by any agreement that affects the exclusive right of the Company or such subsidiary to develop, manufacture, produce, assemble, distribute, license, market or sell its products.

  • Working Arrangements As part of a process leading to improvements, it is recognised that hot weather procedures including relocation, must be part of the formal OH&S procedures developed, adopted and managed on a project basis having regard for the different conditions that may prevail on projects in various locations. When the temperature approaches 35 degrees C, the consultative process outlined in sub-clause 24.1.4 of the VBIA shall occur, with an intention that employees may leave site if the temperature actually reaches 35 degrees C. If the temperature reaches 35 degrees C, the task or activity being performed will be completed before work is to cease and the penalty provisions as for emergency work under the NBCIA shall apply. By agreement with the OH&S committee and head contractor during periods of inclement weather (heat) the Saturday break roster can be applied for weekday work.

  • Closing Arrangements Where each of the Seller and Buyer retain a lawyer to complete the Agreement of Purchase and Sale of the property, and where the transaction will be completed by electronic registration pursuant to Part III of the Land Registration Reform Act, R.S.O. 1990, Chapter L4 and the Electronic Registration Act, S.O. 1991, Chapter 44, and any amendments thereto, the Seller and Buyer acknowledge and agree that the exchange of closing funds, non-registrable documents and other items (the “Requisite Deliveries”) and the release thereof to the Seller and Buyer will (a) not occur at the same time as the registration of the transfer/deed (and any other documents intended to be registered in connection with the completion of this transaction) and (b) be subject to conditions whereby the lawyer(s) receiving any of the Requisite Deliveries will be required to hold same in trust and not release same except in accordance with the terms of a document registration agreement between the said lawyers. The Seller and Buyer irrevocably instruct the said lawyers to be bound by the document registration agreement which is recommended from time to time by the Law Society of Upper Canada. Unless otherwise agreed to by the lawyers, such exchange of the Requisite Deliveries will occur in the applicable Land Titles Office or such other location agreeable to both lawyers.

  • Banking Arrangements The banking business of the Corporation including, without limitation, the borrowing of money and the giving of security therefor, shall be transacted with such banks, trust companies or other bodies corporate or organizations as may from time to time be authorized by the board. Such banking business or any part thereof shall be transacted under such agreements, instructions and delegations of powers as the board may from time to time prescribe or authorize.

  • No Off Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • Financing Arrangements (a) The Owner will obtain the Project Loan which shall be sufficient, together with the Owner's equity contributions, to pay the full amount of the costs to construct the Project in accordance with the development budget. The Owner and the Developer also contemplate that the Property and the Project, together with all fixtures, furnishing, equipment, and articles of personal property now owned or hereafter acquired by the Owner which are or may be attached to or used in connection with the Property or the Project, together with any and all replacements thereto and substitutions therefor, and all proceeds thereof; and all present and future rents, issues, leases, and profits of the Property and the Project will serve as security for the payment obligations to any lenders relating to the Project Loan or otherwise, and that the Owner will be the principal obligor for the repayment of all financial obligations thereunder after the transfer of title to the Owner. The Owner therefore, agrees to execute and deliver all commitments, promissory notes, mortgages, collateral assignments, documents, certificates, affidavits, and other writings required to be executed by any lender in connection with such financing.

  • Monitoring Arrangements 7.1 We will formally monitor the progress of the access agreement at least once a year through the Responsible Finance officer who will report annually to the Executive Group. Initial monitoring will be concerned with participation rates and the development of data on lower income and other under-represented groups, against which to monitor. When specific baselines, targets, and milestones are determined we will look to monitor against these.

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