Exercises. Exercises conducted with grant funds should test and evaluate performance towards meeting capability targets established in a jurisdiction’s Integrated Preparedness Program (IPP) for the core capabilities needed to address its greatest risks. Allowable Exercise-Related Costs• Design, Develop, Conduct and Evaluate an Exercise. This includes costs related to planning, meeting space and other meeting costs, facilitation costs, materials and supplies, travel, and documentation. Recipients are encouraged to use free public space/locations/facilities, whenever available, prior to the rental of space/locations/facilities. Exercises shall provide the opportunity to demonstrate and validate skills learned, as well as to identify any gaps in these skills. Gaps identified during an exercise including those for children and individuals with disabilities or access and functional needs, shall be identified in the AAR/IP and addressed in the exercise cycle.• Hiring of Contractors or Consultants. Contractors or Consultants may be hired to support direct exercise activities. Payment of salaries and fringe benefits must be in accordance with the policies of the state or unit(s) of local government and have the approval of the state. The services of contractors/consultants may also be procured to support the design, development, conduct and evaluation of exercises.• Overtime and Backfill. The entire amount of overtime costs, including payments related to backfilling personnel, which are the direct result of time spent on the design, development and conduct of exercises are allowable expenses. These costs are allowed only to the extent the payment for such services is in accordance with the policies of the local government. In no case is dual compensation allowable. That is, an employee of a unit of government may not receive compensation from their unit or agency of government AND from an award for a single period of time (e.g., 1:00 p.m. to 5:00 p.m.), even though such work may benefit both activities.Travel. Travel costs (e.g., airfare, mileage, per diem, hotel) are allowable as expenses by employees who are on travel status for official business related to the planning and conduct of the exercise activities.• Supplies. Supplies are items that are expended or consumed during the course of the planning and conduct of the exercise activities (e.g., gloves, non-sterile masks, fuel, and disposable protective equipment).• Other Items. These costs are limited to items consumed i...
Exercises. Both the Original Option and the Additional Option (collectively referred to hereinafter as the "Option") may be exercised in whole or part. The Option shall be exercised by delivering to the Company written notice of Consultant's election to so exercise, and specifying the number of shares to be purchased (the "Notice"). Any Notice that is given by Consultant to the Company during the Option Term shall be valid notwithstanding that the delivery of the Option shares purchased may take place after the expiration of the Option Term.
Exercises. Exercises shall be governed by the legal provisions of the Receiving State and the service regulations of its Armed Forces. Exercises on land shall as a general rule take place at military training areas, firing ranges and other military training facilities. Exercises conducted in the airspace shall be governed by the Receiving State’s regulations on the entry into and use of its airspace and the utilisation of aviation installations and facilities which fall within the scope of the Standards and Recommended Practices of the International Civil Aviation Organisation, as well as applicable notification, approval and coordination procedures contained in the relevant regulations of the Receiving State. The regulations of the respective Receiving State include the German Air Traffic Act, as amended, and the Lithuanian Aviation Law, as amended, as well as the applicable German and Lithuanian regulations and administrative arrangements of the civilian and military sectors. Aircrew members participating in an exercise as well as the air traffic services and air defence control personnel involved in such an exercise must have a good command of the English language, insofar as this is necessary for reasons of flight safety or air traffic control. Exercises of naval and auxiliary vessels in coastal and internal waters shall be governed by the regulations of the Receiving State.
Exercises. If we exercise a long options contract, we agree to pay the full aggregate exercise price provided for by the option contract. Exercise instructions are accepted for same day execution on business days prior to 4 p.m. Eastern Standard Time for index option contracts and prior to 5 p.m. Eastern Standard Time for equity option contracts. On the business day preceding the expiration date for any particular option contract, LSC will accept exercise instructions until 5:30 p.m. Eastern Standard Time. We acknowledge that the Options Clearing Corporation (OCC) and the national securities exchanges have established cut-off times for delivering exercise instructions. Our long options contracts may expire worthless if we don’t deliver our instructions by LSC’s exercise cut-off time. LSC is not obligated to give us prior notice of option expiration dates, and we have the sole responsibility for taking action to exercise an option contract. However, if we hold in our account long U.S. equity option contracts that are greater than or equal to the current OCC option expiration thresholds at the close of business prior to expiration date, and LSC does not receive exercise instructions from us on the business day prior to expiration, LSC may at its discretion (but are not required to) take action. LSC may place a market order to sell the long option position at the market close on the business day prior to expiration, or may exercise valuable option contracts for our account, and in the absence of instructions from us, new positions LSC creates in this way may be closed out at the opening of the next business day. LSC may exercise for cash settlement, long index option contracts that are greater than or equal to $.01 in-the-money. If we do not instruct LSC to exercise a valuable option contract by the prescribed time, and the right to exercise expires, we agree to waive and to release LSC and its officers, employees, and agents from any and all claims of damage or loss then or at later times sustained as a result of an option contract not being exercised.
Exercises. In the exercise, the audience is experiencing the example of combining a simple hydrological model (river branch) with a rule-based model for steering a wire: RTC tools (Figure 1). This example shows in well-defined steps how to connect these two models based on the OpenMI concept. Figure 1: Real time control model schematisation (source: OpenMI Training material for CIPRNet)
Exercises. Notwithstanding anything to the contrary herein, in order for any Registrable Securities that are issuable upon the exercise of conversion rights, options or warrants to be included in any registration pursuant to Section 2 hereof, the exercise of such conversion rights, options or warrants must be effected no later than immediately prior to the closing of any sales under the Registration Statement pursuant to which such Registrable Securities are to be sold or such earlier time as the Company or the Company’s transfer agent should reasonably determine is necessary so as not to delay the closing.