Activity Fund Clause Samples

The Activity Fund clause establishes a dedicated pool of money set aside to cover expenses related to specific activities or projects under an agreement. Typically, this fund is managed by one party, with clear guidelines on what types of costs can be reimbursed, such as travel, materials, or event fees, and may require pre-approval for expenditures. Its core function is to ensure that necessary resources are available for agreed-upon activities, providing financial clarity and preventing disputes over payment responsibilities.
Activity Fund. The number of qualified* student profiles in the ▇▇▇▇ database on October 14, 2022 determines the amount of Activity Funds that MESA will distribute to each active school’s MESA program. The base minimum for each program is $150 with a minimum of 20 students registered in MESA’s database. For each student registered over the minimum students’ requirement, an additional Seven Dollars ($7) per student participating will be allocated to the program. 1. These Activity Funds will be disbursed once per school year, in Fall 2022. 2. Disbursement of Activity Funds will take place via communication between the Regional Coordinator and the MESA Advisor on options for receiving student Activity Funds. MESA Activity Funds checks sent to the school will require an annual accounting from the school on the remaining balance of funds to be transferred into the new school year. These account balances will be provided to the Regional Coordinator by June 30.
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Activity Fund. 1. NM MESA, Inc., will provide each MESA program with $500 for 120 + students, $350 for 80-119 students, $200 for 20-79 students, and $50 for 1-19 students participating in that program. Qualifying students are those that have submitted a Parent Permission Form (A-1), whose complete profile is entered in the NM MESA, Inc., database, and who are active participants in the school MESA program. The number of student profiles in the database on October 12, 2011 determines the amount of funds. 2. These funds will be disbursed once per school year, in Fall 2011.
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Activity Fund. The number of qualified* student profiles in the ▇▇▇▇ database on October 14, 2021 determines the amount of Activity Funds that MESA will distribute to each active school’s MESA program. The base minimum for each program is $150 with a minimum of 20 students registered in MESA’s database. For each student registered over the minimum students requirement, an additional Seven Dollars ($7) per student participating will be allocated to the program. *Qualified Students are defined as, students with a completed MESA A-2 (Registration Form), Signed MESA A-1 (Parent Permission Form) and who are participating in the MESA program’s activities in the current school year. 1. These Activity Funds will be disbursed once per school year, in Fall 2021 2. Disbursement of Activity Funds will take place via discussion between the Regional Coordinator and the MESA Advisor on options for receiving student Activity Funds. MESA Activity Funds checks sent to the school will require an annual accounting from the school on the remaining balance of funds to be transferred into the new school year. These account balances will be provided to the Regional Coordinator by June 30.
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Related to Activity Fund

  • HUMANITY FUND a) The Company agrees to deduct on a bi‐weekly basis the amount of 1¢ per hour from the wages of all employees in the bargaining unit for all hours worked. b) Prior to the 15th day of the month following said deduction, the Company shall pay the amounts to the “Humanity Fund” and will forward such payment to United Steelworkers National Office, ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇. The Company will advise in writing both the Humanity Fund at aforementioned address and the Local Union that such payment has been made, the amount of such payment and the names of all employees in the bargaining unit on whose behalf such payment has been made.

  • FEMA Fund Certifications Submission of this proposal is Vendor’s certification that Vendor agrees to this term. Vendor certifies that IF and when Vendor accepts a TIPS purchase paid for in full or part with FEMA funds, Vendor certifies that: (1) Vendor agrees to provide the TIPS Member, the FEMA Administrator, the Comptroller General of the United States, or any of their authorized representatives access to and rights to reproduce any books, documents, papers, and records of the Contractor which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts, and transcriptions. The Vendor agrees to provide the FEMA Administrator or an authorized representatives access to construction or other work sites pertaining to the work being completed under the contract. Vendor acknowledges and agrees that no language in this contract or the contract with the TIPS Member is intended to prohibit audits or internal reviews by the FEMA Administrator or the Comptroller General of the United States.

  • Company Funds All funds of the Company shall be deposited in its name, or in such name as may be designated by the Board, in such checking, savings or other accounts, or held in its name in the form of such other investments as shall be designated by the Board. The funds of the Company shall not be commingled with the funds of any other Person. All withdrawals of such deposits or liquidations of such investments by the Company shall be made exclusively upon the signature or signatures of such Officer or Officers as the Board may designate.

  • Professional Development Fund Article 20

  • Fund Administration Money Market Fund Services Subject to the authorization and direction of the Trust, the Administrator will provide the money market fund services set forth on Schedule A(i) (the “Money Market Services”) to the Trusts listed on Exhibit A hereto assist the Trusts in complying with certain of the compliance testing and reporting requirements applicable to the Trusts that are “money market funds” within the meaning of Rule 2a-7 under the 1940 Act.