Management of the Village Hubs Grants Fund Sample Clauses

Management of the Village Hubs Grants Fund. You must not use the Village Hubs Grants Fund for any of the following purposes: • to make a loan or gift; or • to pay sitting fees to Directors or members or your organisations; or • for overseas travel without our written prior approval; or • to relieve cash flow problems in other activities; or • to settle or agree to consent orders in relation to, or otherwise resolve, any proceeding or application for reinstatement and/or wrongful dismissal by a current or former employee, without our prior written approval; or • to pay commissions, success bonuses or similar benefits to Directors, staff, members or consultants as payment for work undertaken. If (and only if) we give our prior written consent, you may reimburse Directors for their reasonable travel and accommodation expenses. We may refuse our consent if we consider: • the travel was not reasonable and necessary for the Activity; or • the expenses were not incurred attending your board meetings; or • the cheapest most of travel available was not used; or • the claimed rate is higher than that in the ATO ruling. Except with our prior written approval, you must not use any of the following as security for the purpose of obtaining or complying with any form of loan, credit, payment or other interest: • the Grant; • this Agreement or any of our obligations under this Agreement; or • any Assets or Intellectual Property Rights in the Agreement material. Entities to which the Village Hubs Grants Fund may not be paid You must not pay any part of the Village Hub Grants Fund to the following persons or organisations: • an organisation wanting to use the fund to support an existing Village Hub (can be used for new Village Hub) • a State or Territory Government; • sole trader or unincorporated partnership • individual/Person (a person who is legally responsible for all aspects of the business and is personally responsible for debts and losses incurred in carrying out this business); • international Entity without an Australian presence; • organisations without an Australian Business Number; • an unincorporated association; or • an overseas resident. Minimum Terms that you are required to reflect or include in each Village Hubs Grants Fund Agreement You will be required to include certain requirements in each Village Hubs Grants Fund Agreement that you enter in with the Fund Recipient. For example:
Sample 1
AutoNDA by SimpleDocs

Related to Management of the Village Hubs Grants Fund

  • Management of the Company The Company's business and affairs shall be conducted and managed by the Member(s) in accordance with this Agreement and the laws of the State of the Formation. Single-Member (Applies ONLY if Single-Member): The Member(s) of the Company has sole authority and power to act for or on behalf of the Company, to do any act that would be binding on the Company or incur any expenditures on behalf of the Company. The Member(s) shall not be liable for the debts, obligations, or liabilities of the Company, including under a judgment, decree, or order of a court. The Company is organized as a “member-managed” limited liability company. The Member(s) is designated as the initial managing Member(s). Multi-Member (Applies ONLY if Multi-Member): Except as expressly provided elsewhere in this Agreement, all decisions respecting the management, operation, and control of the business and affairs of the Company and all determinations made in accordance with this Agreement shall be made by the affirmative vote or consent of Member(s) holding a majority of the Members’ Percentage Interests. Notwithstanding any other provision of this Agreement, the Member shall not, without the prior written consent of the unanimous vote or consent of the Member(s), sell, exchange, lease, assign or otherwise transfer all or substantially all of the assets of the Company; sell, exchange, lease (other than space leases in the ordinary course of business), assign or transfer the Company’s assets; mortgage, pledge or encumber the Company’s assets other than is expressly authorized by this Agreement; prepay, refinance, modify, extend or consolidate any existing mortgages or encumbrances; borrow money on behalf of the Company; lend any Company funds or other assets to any person or entity; establish any reserves for working capital repairs, replacements, improvements or any other purpose; confess a judgment against the Company; settle, compromise or release, discharge or pay any claim, demand or debt, including claims for insurance; approve a merger or consolidation of the Company with or into any other limited liability company, corporation, partnership or other entity; or change the nature or character of the business of the Company. The Member(s) shall receive such sums for compensation as Member(s) of the Company as may be determined from time to time by the affirmative vote or consent of Member(s) holding a majority of the Member(s)’ Percentage Interests.

  • MANAGEMENT OF THE BUSINESS Pursuant to Section 00-00-000 of the Act, and as stated in its Articles, the Company’s day to day affairs are managed by the Member. The Member is responsible for the daily operations of the business.

  • Management of Company 5.1.1 The Members, within the authority granted by the Act and the terms of this Agreement shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs.

  • Orientation and In-Service Program The Hospital recognizes the need for a Hospital Orientation Program of such duration as it may deem appropriate taking into consideration the needs of the Hospital and the nurses involved.

  • RESERVATIONS TO MANAGEMENT 3.01 The union recognizes the right of the company to hire, promote, demote, transfer, discipline, suspend or discharge any employee subject to such regulations and restrictions governing the exercise of these rights as are expressly provided in this agreement and subject to the right of the employee concerned to lodge a grievance in the manner and to the extent herein provided. Any change in rules and regulations to be observed by employees shall be negotiated by the parties.

  • File Management and Record Retention relating to CRF Eligible Persons or Households Grantee must maintain a separate file for every applicant, Eligible Person, or Household, regardless of whether the request was approved or denied.

  • CONDITIONS FOR EMERGENCY/HURRICANE OR DISASTER - TERM CONTRACTS It is hereby made a part of this Invitation for Bids that before, during and after a public emergency, disaster, hurricane, flood, or other acts of God that Orange County shall require a “first priority” basis for goods and services. It is vital and imperative that the majority of citizens are protected from any emergency situation which threatens public health and safety, as determined by the County. Contractor agrees to rent/sell/lease all goods and services to the County or other governmental entities as opposed to a private citizen, on a first priority basis. The County expects to pay contractual prices for all goods or services required during an emergency situation. Contractor shall furnish a twenty-four (24) hour phone number in the event of such an emergency.

  • ARTICLE MANAGEMENT RIGHTS The Union acknowledges that it is the exclusive function of the Company to manage the business and direct the working force, including but not limited to the following:

  • 00 - MANAGEMENT RIGHTS 3.01 It is the Employer's right to operate and manage its business in all respects in accordance with its responsibilities and commitments. The location of jobs, the choice of equipment, the schedule of installation, the methods and means of installation, are solely and exclusively the responsibility of the Employer.

  • Management of Change 40.1.1 The parties to this collective agreement accept that change in the health service is necessary in order to ensure the efficient and effective delivery of health services. They recognise a mutual interest in ensuring that health services are provided efficiently and effectively, and that each has a contribution to make in this regard.

Time is Money Join Law Insider Premium to draft better contracts faster.