Materiality Exemptions Clause Samples
A Materiality Exemptions clause removes or limits the effect of materiality qualifiers in representations and warranties for certain purposes, such as indemnification or determining breaches. In practice, this means that when assessing whether a breach has occurred or calculating damages, the parties disregard whether the breach is "material" or "in all material respects," focusing instead on any deviation from the agreement. This clause ensures that minor breaches are not overlooked due to materiality thresholds, thereby providing greater certainty and protection for the party seeking to enforce the contract.
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: No exempt agencies.
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: State Board of Equalization (0860)
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: The Department of Human Services transfers administrative funds to the Department of Inspections and Appeals (DIA) through the Department of Human Services Cost Allocation Plan. The administrative expense reimbursement transfer is less than 1% of the program costs and will not be tracked. This is applicable for CFDA's, 93.558, 93.563, 93.575, 93.767, and 93.778.
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: Department of Natural Resources is exempt from coverage on CFDA 20.205 on the basis of materiality.
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: 107 - Department of Administrative Services 109 - Department of Aviation 114 - Long-Term Care Ombudsman 121 - Office of the Governor ▇▇▇ - ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ - ▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇ 165 - Secretary of State 198 - Judicial Department 213 - Oregon Criminal Justice Commission ▇▇▇ - ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ - ▇▇▇▇▇▇ ▇▇▇▇▇ Police 259 - Board on Public Safety Standards & Training 274 - Department of Veteran's Affairs 291 - Department of Corrections 330 - Department of Energy 340 - Department of Environmental Quality 415 - Oregon Youth Authority 525 - Higher Education Coordinating Commission 543 - Oregon State Library 603 - Department of Agriculture 628 - Oregon Forest Resources Institute ▇▇▇ - ▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇ - ▇▇▇▇▇▇ Department of Geology & Mineral Industries 634 - Oregon Parks and Recreation 635 - Oregon Department of Fish and Wildlife 660 - Department of Land Conservation and Development ▇▇▇ - ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇ - ▇▇▇▇▇▇ Watershed Enhancement Board 839 - Bureau of Labor & Industries 851 - Oregon State Board of Nursing 860 - Public Utility Commission 914 - Housing and Community Services Department
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: State Board of Equalization (0860)
6.4.1 Unless otherwise specified, the State uses the pre-issuance funding technique for the major Federal assistance programs. Interest liabilities are incurred by the State under the provisions of CMIA because the State Constitution requires cash on hand before warrants are issued. Therefore, Federal funds will be requested before warrants are issued--and will not be based on the clearance/redemption patterns specified in Section 6.1.2. The State's interest liabilities will be based on the number of days from the time Federal funds are deposited in the State account until the funds are paid out for federal assistance program purposes. The State Department of Child Support Services will request federal funds to cover Child Support Enforcement (CFDA 93.563) Administrative Costs using the Pre-Issuance funding technique only in those instances where the Monthly Estimate/Monthly Draw technique would cause the inability to meet Payroll/Operating expense obligations under Section 6.3.2.
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: Idaho State Board of Education Idaho Commission for Libraries
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: The materiality threshold for excluding State agencies with the smaller component of a major program administered by multiple State agencies from CMIA shall be program-specific and may not exceed five percent ($3 million) of the State's threshold ($60 million). The total amount excluded may not exceed ten percent of total program expenditures. The following components for programs administered by multiple state agencies shall be excluded from CMIA. Any interest liabilities on other components of these programs shall be projected to 100 percent of program expenditures.
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: 332 - Texas Department of Housing and Community Affairs for CFDA 14.228, 93.558 401 - Texas Military Department for CFDA 10.553, 10.555, 97.036 405 - Department of Public Safety for CFDA 97.036 529 - Health and Human Services Commission for CFDA 84.027, 97.050 530 - Department of Family and Protective Services for CFDA 93.778 551 - Texas Department of Agriculture for CFDA 10.553 554 - Texas Animal Health Commission for CFDA 97.036 576 - Texas A&M Forest Service for CFDA 97.036 644 - Texas Juvenile Justice Department for CFDA 10.553, 10.555, 84.027, 97.036 696 - Texas Department of Criminal Justice for CFDA 84.027, 97.036 701 - Texas Education Agency for CFDA 93.558, 93.575 712 - Texas A&M Engineering Experiment Station for CFDA 20.205 716 - Texas A&M Engineering Extension Service for CFDA 97.036 727 - Texas A&M Transportation Institute for CFDA 20.205 771 - Texas School for the Blind and Visually Impaired for CFDA 10.553, 10.555, 84.010, 93.778 772 - Texas School for the Deaf for CFDA 10.553, 10.555, 84.010, 84.027, 93.778 802 - Parks and Wildlife Department for CFDA 97.036 808 - Texas Historical Commission for CFDA 97.036
Materiality Exemptions. Agencies exempt from coverage on the basis of materiality: None
6.4.1 An agency is not required to drawdown federal funds if the expenditures for which reimbursement is being requested are under $50,000. An agency can wait to request federal funds for their expenditures until their federal drawdown will exceed $50,000. However, agencies still have the option of requesting federal funds for amounts under $50,000.