Fee Authorization Sample Clauses
The Fee Authorization clause grants permission for one party to charge or collect specified fees from another party under the terms of the agreement. Typically, this clause outlines the types of fees covered, the method and timing of payment, and any conditions or limitations on fee collection, such as requiring prior notice or written consent. Its core practical function is to ensure both parties have a clear understanding of when and how fees may be imposed, thereby preventing disputes over unauthorized charges and facilitating smooth financial transactions within the contractual relationship.
Fee Authorization. The following procedure will be used for application and distribution of the fee authorization hours and funds:
1. The fee authorization hours and funds will be divided into three (3) equal units for distribution by semesters. Those hours and funds not used will be carried over to the next semester. No more than the allocated number of hours or funds will be used in any one school year.
2. Each bargaining unit member must complete a written application form. This form must be received by the Central Office no later than the stated deadline.
3. If the demand for hours and funds is greater than the number allocated for a particular semester, the preference orders listed below will be utilized.
Fee Authorization. 17.1 The University will provide for employee members the fee authorization program as currently in effect and as may be determined during the term of this Agreement.
Fee Authorization. Borrower shall pay to Lender any and all fees as specified in the "Disbursement Request and Authorization" executed by ▇▇▇▇▇▇▇▇ in connection with this Note. Such fees are non-refundable and shall be due and payable in full immediately upon ▇▇▇▇▇▇▇▇'s execution of this Note. ADDITIONAL EVENTS OF DEFAULT. In addition to the Events of Default described herein, the following shall be an Event of Default if applicable: (i) Borrower, any Guarantor or any grantor of collateral fails to comply with any terms or conditions of any agreement with Lender or any ▇▇▇▇▇ Fargo Affiliate; (ii) Borrower or any Guarantor revokes or disputes the validity of any of its liabilities or obligations under any Note, related agreement, or any other agreement with Lender or any ▇▇▇▇▇ Fargo Affiliate; (iii) any change in ownership of an aggregate of twenty-five percent (25%) or more of the common stock, members' equity or other ownership interest in Borrower or any general partner of Borrower or any Guarantor, (iv) the withdrawal, resignation or expulsion of any one or more of the general partners in Borrower or any Guarantor with an aggregate ownership interest in Borrower or such Guarantor of twenty-five percent (25%) or more; or (v) Borrower or any Guarantor or any chairman, CEO, CFO, president, manager or general partner of Borrower or any Guarantor, nor any officer, member, or shareholder with an ownership interest of 25% or more of Borrower or any Guarantor, has been or is convicted of a felony. For purposes of this provision ▇▇▇▇▇ Fargo Affiliate shall mean ▇▇▇▇▇ Fargo & Company and any present or future subsidiary of ▇▇▇▇▇ Fargo & Company.
Fee Authorization. 17.1 The University will provide for bargaining unit members the fee authorization program as currently in effect.
17.2 Additional programs to include vocational training for the purpose of professional development and other two-year professional development programs may be implemented by the University upon consultation with the union.