OPERATIONAL FUNDING. 5.1 In accordance with clause 30.1 of the Framework Agreement, and subject to appropriation by Parliament and the approval of the Treasury Board of Canada, Canada shall provide Operational Funding to the First Nation as indicated in Annex “A” in accordance with the Operational Funding Formula as amended from time to time.
OPERATIONAL FUNDING. 30.1 An individual agreement between the Minister and a First Nation will determine the resources to be provided by Canada to the First Nation to manage First Nation lands and make, administer and enforce its laws under a land code. The agreement will determine specific funding issues, for example period of time, and terms and conditions.
OPERATIONAL FUNDING. The term "Operational Funding" shall mean the funding necessary to operate the call-taking, teletype (queries only) and dispatch functions of the Consolidated Regional E-911 Communications System, subject to the appropriation and availability of adequate funds by COUNTY.
OPERATIONAL FUNDING. The City will fund certain eligible SAAC costs in the amount of ONE MILLION DOLLARS AND NO CENTS ($1,000,000.00) which may include start-up expenses, professional fees, management and labor costs, and the costs of service contracts incurred by SAAC in connection with its role in the commissioning and operation of its services and operational reserves to provide the services outlined in this Agreement. This funding will be provided at an interest rate of 1.5% annually. The City will pay the Funds to SAAC, as agent for certain airlines, in a lump-sum payment to be disbursed thirty (30) days prior to operational start-up in accordance with any and all agreements between the City, airlines and SAAC. SAAC shall reimburse the City in three installments according to the following schedule: • $333,333 plus associated interest charges within one (1) year of operational start-up • $333,333 plus associated interest charges within two (2) years of operational start-up • $333,334 plus associated interest charges within three (3) years of operational start-up The City will allow prepayment of the Operational Funding plus interest through the date of prepayment, without penalty. Further, if at the end of the third year the total amount of the advance plus interest is not recovered, the City may recover the unpaid amount by placing a surcharge on Airline’s (together with other airlines) rents and fees until the total amount of the advance and interest are recovered. The surcharge will not exceed the unpaid balance on the loan. The unpaid balance will be allocated according to the Common Use Formula.
OPERATIONAL FUNDING. The Parties agree that, due to its unique position among the Parties, Water Trust may reimburse itself from the Management Committee Account for its time and resources spent on the Plan. Water Trust shall provide the Management Committee with an accounting of such reimbursements, in the form of detailed accounting provided to the Management Committee, which shall include, among other relevant information as may be requested by the other Parties from time to time, a specification of: (a) the costs incurred by Water Trust; (b) the hours spent by Water Trust staff on the Plan; (c) the rate(s), as may change from time to time, claimed for Water Trust staff; and (d) a description of the associated task so claimed by Water Trust.
OPERATIONAL FUNDING. This section obligates Canada to provide Lower Nicola Indian Band with funding and resources for managing reserve lands. The amount of funding is set out in Annex A. The amount of funding is determined by an interim funding formula that would give Lower Nicola Indian Band $204,536.00 for the first and second fiscal year. The funding formula may be negotiated on a five-year basis in the future.
OPERATIONAL FUNDING. 5.1 In accordance with clause 30.1 of the Framework Agreement, Canada shall provide the First Nation with Operational Funding in accordance with Annex “A” for the period commencing on the date that the Land Code comes into force and ending March 31, 2011.
OPERATIONAL FUNDING. Obligates Canada to provide Cowichan Tribes with funding and resources for managing reserve lands. The amount of funding is determined by a funding formula, which is negotiated on a five-year basis.
OPERATIONAL FUNDING. During the Operations Phase, Opinaca shall contribute each Year to the Mayappo Institute an amount equal to the amount secured by the Mayappo Institute from other funding sources in the Year, up to a maximum of ––– dollars ($ ––– ) per Year. The first such payment shall be paid within thirty (30) days of the date of execution of this Agreement and thereafter on the first business day of each subsequent Year. The Cree shall provide to Opinaca a written confirmation of such funding sources of the committed amount.
OPERATIONAL FUNDING. Ongoing activities will require a level of funding determined through the development of the annual KCFF Work Plan and Budget by the KCFF MANAGEMENT COMMITTEE and supported by CKL and PKED annual budget processes. Where financial support for a collaborative KCFF project is provided by one party to the other, having the lead for a project, the receiving party will track receipts and spending and report annually to the other party through financial statements.
