Independent AMF Account Sample Clauses

Independent AMF Account. The AMF, in the amount of $3,000,000, will be made available to PG&E and the Resource Agencies by a third party donor(s), to fund those actions developed pursuant to the AMP. The third party donor(s) shall deposit the $3,000,000 in an interest-bearing account pursuant to a separate agreement to be developed jointly by the Resource Agencies, PG&E, and a third party donor(s) after execution of this MOU. This interest-bearing account shall be established no later than six (6) months after execution of this MOU unless otherwise agreed to by the Parties. Account disbursement instructions will be developed joint ly by the Resource Agencies, the third party donor(s) and PG&E. The Parties agree that: (1) interest on the moneys in the AMF will accrue to the account at a rate to be determined in the agreement and shall be applied to changes in the Restoration Project adopted pursuant to the Adaptive Management protocols; and (2) all uncommitted funds in the AMF will revert to the third party donor(s) or its designee at the end of the current term of the license for FERC Project No. 1121. USFWS shall request disbursements from the AMF in writing, based on the protocols identified below.
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Related to Independent AMF Account

  • Independent Accountant Xxxxxxxx LLP (the “Accountant”), which has expressed its opinions with respect to the audited financial statements (which term as used in this Agreement includes the related notes thereto) of the Company filed with the Commission as a part of the Registration Statement and included in the Disclosure Package and the Prospectus, is an independent registered public accounting firm as required by the Securities Act and the Exchange Act.

  • Independent Accountants The accountants who certified the financial statements and supporting schedules included in the Registration Statement are independent public accountants as required by the 1933 Act and the 1933 Act Regulations.

  • Determination by Independent Accountant The Independent Accountant shall make a determination as soon as practicable within thirty (30) days (or such other time as the parties hereto shall agree in writing) after their engagement, and their resolution of the Disputed Amounts and their adjustments to the Closing Working Capital Statement and/or the Post-Closing Adjustment shall be conclusive and binding upon the parties hereto.

  • Independent Agreement The covenants made in this Section 9 shall be construed as an agreement independent of any other provisions of this Agreement, and shall survive the termination of this Agreement. Moreover, the existence of any claim or cause of action of Executive against the Company or any of its affiliates, whether or not predicated upon the terms of this Agreement, shall not constitute a defense to the enforcement of these covenants.

  • Independent Contract Consideration Upon the Effective Date, Purchaser shall deliver to Seller a check in the amount of Fifty Dollars ($50) (the “Independent Contract Consideration”), which amount Seller and Purchaser hereby acknowledge and agree has been bargained for and agreed to as consideration for Seller’s execution and delivery of this Agreement. The Independent Contract Consideration is in addition to and independent of any other consideration or payment provided for in this Agreement, and is nonrefundable in all events.

  • INDEPENDENT PRINCIPAL Concessionaire’s status shall be that of an independent principal and not as an agent or employee of Department.

  • Access of Independent Accountants of the Fund Upon request of the Fund, the Custodian will use its best efforts to arrange for the independent accountants of the Fund to be afforded access to the books and records of any foreign banking institution employed as a foreign sub-custodian insofar as such books and records relate to the performance of such foreign banking institution under its agreement with the Custodian.

  • Independent Manager Notwithstanding anything to the contrary in the certificate of formation or limited liability company agreement of the Depositor, the Depositor shall ensure that at least one manager of the Depositor shall be an Independent Manager.

  • Independent Auditors The Company shall, until at least the Termination Date, maintain as its independent auditors an accounting firm authorized to practice before the SEC.

  • Independent Auditor The Company’s independent auditor, if any, shall be an independent public accounting firm selected by the Member, which may also be the Member’s independent auditor.

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