Automatic Carry Forward Clause Samples

The Automatic Carry Forward clause allows unused benefits, rights, or entitlements from a specific period—such as vacation days, financial credits, or service hours—to be automatically transferred to the next period without requiring additional approval or action. For example, if an employee does not use all their allotted vacation days in one year, the remaining days are automatically added to the following year's balance. This clause ensures that parties do not lose accrued benefits due to timing issues, promoting fairness and reducing administrative burdens associated with manual tracking or approvals.
Automatic Carry Forward. [ ] Yes [ ] No
Automatic Carry Forward. [ ] Yes [ ] No (If No, Carry Forward requests must be sent to Prime Recipient’s Authorized Official contact, as shown in Attachment 3).
Automatic Carry Forward. Yes No (If No, Carry Forward requests must be sent to Prime Recipient's Authorized Official, as shown in Attachment 3). Attachment 3A Research Subaward Agreement Subaward Number: Institution/Organization ("Prime Recipient") Name: University of Alaska Fairbanks Address: Procurement & Contract Services ▇▇ ▇▇▇ ▇▇▇▇▇▇ City: Fairbanks State: Alaska ZipCode: 99775-7940 Administrative Contact Name: Address: University of Alaska Fairbanks City: Telephone: Fax: Email: ZipCode: State: Principal Investigator Name: Address: University of Alaska Fairbanks City: State: ZipCode: Telephone: Fax: Email: Financial Contact Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Address: University of Alaska Fairbanks Office of Grants & Contracts Administration PO Box 757880 City: Fairbanks State: Alaska ZipCode: ▇▇▇▇▇-▇▇▇▇ Telephone: ▇▇▇-▇▇▇-▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇ Email: ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ Authorized Official Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, C.P.M., Assoc Director, Procurement and Research Services Address: University of Alaska Fairbanks Procurement & Contract Services ▇▇ ▇▇▇ ▇▇▇▇▇▇ City: Fairbanks State: Alaska ZipCode: ▇▇▇▇▇-▇▇▇▇ Telephone: ▇▇▇-▇▇▇-▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇ Email: ▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ Institution/Organization ("Subrecipient") Name: Attachment 3B - Research Subaward Agreement Subrecipient Contacts Subaward Number: Address: City: State: ZipCode + 4: EIN No.: Institution Type: Is the Performance Site the Same Address as Above? Yes No If no, is the Performance Site the same as PI address below? Yes No If no to both questions, please complete 3B page 2 (if ARRA funding use Attachment 4A). Subrecipient currently registered in CCR? Yes No DUNS No.: Parent DUNS No.: Is Subrecipient exempt from reporting compensation? Yes No Congressional District: Congressional District: If no , please complete 3B page 2 (if ARRA funding use Attachment 4A). Administrative Contact Name: Address: City: Telephone: Email: State: ZipCode: Fax: Principal Investigator Name: Address: City: Telephone: Email: State: ZipCode: Fax: Financial Contact Name: Address: City: Telephone: Email: State: ZipCode: Fax: Authorized Official Name: Address: City: Telephone: State: ZipCode: Fax: Email: FDP version 20111123 Institution/Organization ("Subrecipient") Name: Subaward Number: Place of Performance Name: Address: City: Telephone: Email: State: Fax: Congressional District: ZipCode + 4: The names and total compensation of the five most highly compensated officers of the entity(ies) must be listed if-- (i) the entity in the preceding fiscal year...
Automatic Carry Forward. As this is a fixed price subaward agreement, carry forward of unexpended funds is automatic.
Automatic Carry Forward. Yes No If No, carry forward requires prior approval. Requests should be made to UT’s Administrative Contact, as shown in Attachment 3A.
Automatic Carry Forward. Yes No (If No, Carry Forward requests must be sent to Prime Recipient’s Administrative Contact as shown in Attachment 3). Research Subaward Agreement Contacts Prime Recipient ▇▇▇▇▇▇▇ ▇▇▇▇▇ University Subrecipient Institution: A. Administrative Contact Name: Address: ▇-▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇, Zip: ▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Federal EIN: ▇▇-▇▇▇▇▇▇▇ Telephone: 801-422- Fax: ▇▇▇-▇▇▇-▇▇▇▇ Email: @▇▇▇.▇▇▇ E. Administrative Contact Name: Address: City, State, Zip: Federal EIN: DUNS: Telephone: Fax: Email: B. Principal Investigator Name: Address: F. Principal Investigator Name: Address: City, State, Zip: Telephone: Fax: Email: City, State, Zip: Telephone: Fax: Email: Name: Address: City, State, Zip: Telephone: Fax: Email: C. Financial Contact ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇-▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ 801-422-8025 ▇▇▇-▇▇▇-▇▇▇▇ ▇▇▇@▇▇▇.▇▇▇ Name: Address: G. Financial Contact City, State, Zip: Telephone: Fax: Email: Name: Address: City, State, Zip: Telephone: Fax: Email: D. Authorized Official ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇-▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ 801-422-6177 ▇▇▇-▇▇▇-▇▇▇▇ ▇▇▇▇.▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇ Name: Address: H. Authorized Official FFATA pg. 6 RCR pg. 10 Only those checked apply to this subaward: ARRA Reporting pg. 7 E-Verify pg. 11 FCOI pg. 10 Export Controls pg. 11 Continuation/Renewal Proposal: If a continuation/renewal proposal being submitted, it should be received with appropriate Subrecipient approval and a technical progress report by the Subrecipient in sufficient time for inclusion in the Prime Recipient continuation/renewal proposal. These materials should be provided to the Prime Recipient Principal Investigator as shown in Attachment 3.
Automatic Carry Forward. Yes [ ] No (If No, Carry Forward requests must be sent to Prime Recipient’s Authorized Official contact, as shown in Attachment 3). E- mail: State: Zip Code: 33965-6565 ▇▇▇▇▇@▇▇▇▇.▇▇▇ Central E-mail: DeLand Administrative ▇▇▇▇▇▇▇-▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ DeLand State: FL Zip Code +4: 32720-4207 Name: Address: Subaward Number: 12041-17-SDVC Independent School District City: EIN No.: ▇▇-▇▇▇▇▇▇▇ Institution Type: Zip Code Look-Up Is Subrecipient currently registered in ▇▇▇.▇▇▇? Yes No Is Subrecipient exempt from reporting compensation? If no , please complete 3B page 2 Yes No DUNS No.: Parent DUNS No.: Congressional District: Congressional District: 836311605 FL-006 ▇▇▇▇▇ ▇▇▇▇▇▇ Name: FL DeLand Administrative Complex-200 North ▇▇▇▇▇ Avenue Address: DeLand City: ▇▇▇-▇▇▇-▇▇▇▇ Telephone: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: E-mail: State: Zip Code: 32720-4207 ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Address: Port Orange City: ▇▇▇-▇▇▇-▇▇▇▇ Telephone: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Center -200 North ▇▇▇▇▇ Avenue Name: Address: FL E-mail: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.▇▇.▇▇ ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.▇▇.▇▇ State: City: Is this the remittance address? 32720-4207 FL Yes or No If no, enter address below. State: Zip Code: Remittance Address (if different to Financial Contact): ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.▇▇.▇▇ ▇▇▇-▇▇▇-▇▇▇▇ Telephone: E-mail: Central E-mail: ▇▇▇-▇▇▇-▇▇▇▇ DeLand Administrative Complex-200 North ▇▇▇▇▇ Avenue ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Central E-mail: FDP version 2-18-2016 Name: Address: City: Telephone: FL E-mail: ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.▇▇.▇▇ State: Zip Code: 32720-4207 Subrecipient agrees to the following: A Final technical/progress report will be submitted to the Pass-through Entity’s Principal Investigator identified in Attachment 3 within 30 days after the end of the period of performance. Monthly technical/progress reports will be submitted to the Pass-through Entity’s Financial Contact identified in Attachment 3, within 90 days of the end of the month. Quarterly technical/progress reports will be submitted within thirty (30) days after the end of each project quarter to the Pass-through Entity’s Administrative Contac identified in Attachment 3. ✔ Technical/progress reports on the project as may be required by Pass-through Entity’s Principal Investigator in order that Pass-through Entity may be able to satisfy its reporting obligations to the Federal Awarding Agency. Annual technical /progress reports will be submitted within 90 days prior to the end of each project period to the Pass-through Entity’s Administrati...
Automatic Carry Forward. (If No, Carry Forward requests must be sent to Prime Recipient’s Administrative Contact as shown in Attachment 3).
Automatic Carry Forward. Yes No (If No, Carry Forward requests must be sent to Prime Recipient’s Administrative Contact as shown in Attachment 3). American Recovery and Reinvestment Act of 2009 Buy American: Use of American Iron, Steel, and Manufactured Goods—Recipients may not use any funds obligated under this award for the construction, alteration, maintenance, or repair of a public building or public work unless all of the iron, steel, and manufactured goods used in the project are produced in the United States unless HHS waives the application of this provision (ARRA Section 1605). Wage Rate Requirements—[This term and condition shall not apply to tribal contracts entered into by the Indian Health Service funded with this appropriation (ARRA Title VII—Interior, Environment, and Related Agencies, Department of Health and Human Services, Indian Health Facilities).] Subject to further clarification issued by the Office of Management and Budget, and notwithstanding any other provision of law and in a manner consistent with other provisions of ARRA, all laborers and mechanics employed by contractors and subcontractors on projects funded directly by or assisted in whole or in part by and through the Federal Government pursuant to this award shall be paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Secretary of Labor in accordance with subchapter IV of chapter 31 of title 40, United States Code. With respect to the labor standards specified in this section, the Secretary of Labor shall have the authority and functions set forth in Reorganization Plan Numbered 14 of 1950 (64 Stat. 1267; F U.S.C. App.) and section 3145 of title 40, United States Code (ARRA Section 1606). Preference for Quick State Activities (ARRA)—In using funds for this award for infrastructure investment, recipients shall give preference to activities that can be started and completed expeditiously, including a goal of using at least 50 percent of the funds for activities that can be initiated no later than 120 days after the date of the enactment of ARRA. Recipients shall also use grant funds in a manner that maximizes job creation and economic benefit (ARRA Section 1602). Limit on Funds (ARRA)—None of the funds appropriated or otherwise made available in ARRA may be used by any State or local government, or any private entity, for any casino or other gambling establishment, aquarium, zoo, golf course, or swimming pool (ARRA Section 1604). D...

Related to Automatic Carry Forward

  • Carry Forward to a Subsequent Year If you do not withdraw the excess contribution, you may carry forward the contribution for a subsequent tax year. To do so, you under-contribute for that tax year and carry the excess contribution amount forward to that year on your tax return. The six percent excess contribution penalty tax will be imposed on the excess amount for each year that it remains as an excess contribution at the end of the year. You must file IRS Form 5329 along with your income tax return to report and remit any additional taxes to the IRS.

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  • Net WAC Rate Carryover Reserve Account No later than the Closing Date, the Trust Administrator shall establish and maintain with itself a separate, segregated trust account titled, “Net WAC Rate Carryover Reserve Account, Deutsche Bank National Trust Company, as Trustee, in trust for registered Holders of Soundview Mortgage Loan Trust 2006-EQ2, Asset-Backed Certificates, Series 2006-EQ2.” All amounts deposited in the Net WAC Rate Carryover Reserve Account shall be distributed to the Holders of the Floating Rate Certificates in the manner set forth in Section 4.01(d). On each Distribution Date as to which there is a Net WAC Rate Carryover Amount payable to the Floating Rate Certificates (after taking into account the remaining Initial Net WAC Rate Carryover Reserve Account Deposit), the Trust Administrator has been directed by the Class C Certificateholders to, and therefore will, deposit into the Net WAC Rate Carryover Reserve Account the amounts described in Section 4.01(c)(v), rather than distributing such amounts to the Class C Certificateholders. In addition, any payments received by the Trust Administrator under the Basis Risk Cap Agreement on each Distribution Date will be deposited into the Net WAC Rate Carryover Reserve Account. On each such Distribution Date, the Trust Administrator shall hold all such amounts for the benefit of the Holders of the Floating Rate Certificates, and will distribute such amounts to the Holders of the Floating Rate Certificates in the amounts and priorities set forth in Section 4.01(d). On each Distribution Date, any amounts remaining in the Net WAC Rate Carryover Reserve Account (representing payments received by the Trust Administrator under the Basis Risk Cap Agreement) after the payment of any Net WAC Rate Carryover Amounts on the Floating Rate Certificates for such Distribution Date, shall be payable to the Trust Administrator as additional compensation. For so long as any Floating Rate Certificates are beneficially owned by the Depositor or any of its Affiliates, the Depositor shall refund or cause such Affiliate to refund any amounts paid to it under the Basis Risk Cap Agreement to the Trust Administrator who shall, pursuant to the terms of the Basis Risk Cap Agreement, return such amount to the counterparty thereunder. It is the intention of the parties hereto that, for federal and state income and state and local franchise tax purposes, the Net WAC Rate Carryover Reserve Account be disregarded as an entity separate from the Holder of the Class C Certificates unless and until the date when either (a) there is more than one Class C Certificateholder or (b) any Class of Certificates in addition to the Class C Certificates is recharacterized as an equity interest in the Net WAC Rate Carryover Reserve Account for federal income tax purposes, in which case it is the intention of the parties hereto that, for federal and state income and state and local franchise tax purposes, the Net WAC Rate Carryover Reserve Account be treated as a partnership provided, that the Trust Administrator shall not be required to prepare and file partnership tax returns in respect of such partnership unless it receives additional reasonable compensation (not to exceed $10,000 per year) for the preparation of such filings, written notification recognizing the creation of a partnership agreement or comparable documentation evidencing the partnership, if any. All amounts deposited into the Net WAC Rate Carryover Reserve Account (other than amounts received under the Basis Risk Cap Agreement) shall be treated as amounts distributed by REMIC 4 to the Holder of the Class C Interest and by REMIC 4 to the Holder of the Class C Certificates. The Net WAC Rate Carryover Reserve Account will be an “outside reserve fund” within the meaning of Treasury Regulation Section 1.860G-2(h). Upon the termination of the Trust, or the payment in full of the Floating Rate Certificates, all amounts remaining on deposit in the Net WAC Rate Carryover Reserve Account will be released by the Trust and distributed to the Holders of the Class C Certificates or their designee. The Net WAC Rate Carryover Reserve Account will be part of the Trust but not part of any REMIC and any payments to the Holders of the Floating Rate Certificates of Net WAC Rate Carryover Amounts will not be payments with respect to a “regular interest” in a REMIC within the meaning of Code Section 860(G)(a)(1). By accepting a Class C Certificate, each Class C Certificateholder hereby agrees to direct the Trust Administrator, and the Trust Administrator hereby is directed, to deposit into the Net WAC Rate Carryover Reserve Account the amounts described above on each Distribution Date as to which there is any Net WAC Rate Carryover Amount rather than distributing such amounts to the Class C Certificateholders. By accepting a Class C Certificate, each Class C Certificateholder further agrees that such direction is given for good and valuable consideration, the receipt and sufficiency of which is acknowledged by such acceptance. Amounts on deposit in the Net WAC Rate Carryover Reserve Account shall remain uninvested. For federal tax return and information reporting, the right of the Holders of the Floating Rate Certificates to receive payments from the Net WAC Rate Carryover Reserve Account in respect of any Net WAC Cap Carry Forward Amounts may have more than a de minimis value.

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