TRANSITION OF FINANCIAL OBLIGATIONS Sample Clauses

TRANSITION OF FINANCIAL OBLIGATIONS. Reclamation will bill Schedule D Contractors in California and the Tribal Contractors in Arizona and Nevada for their proportionate share of the financial obligations of the BCP funded by the Schedule A and Schedule B Contractors prior to October 1, 2017, for which benefits have not been received as of that date. Reclamation will bill the Arizona Power Authority (APA) and the Colorado River Commission of Nevada (CRC) for the proportionate shares of Transitional Items for the Schedule D non-tribal entities in Arizona and Nevada, which have contracted for BCP electric service with APA or CRC. The proportionate share to be billed shall be calculated by dividing the required total Transitional Item amount by two (2) and allocating to each Schedule D Contractor. Half of the Transitional Items billed will be allocated based on each Schedule D Contractor’s percentage of contingent capacity, and the other half will be allocated based on the Schedule D Contractor’s percentage of firm energy. The amounts billed under this section 16 will be returned prior to October 1, 2018, to the Schedule A and Schedule B Contractors in proportion to their shares of the BCP under the prior contract. Financial obligations include the following items:
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Related to TRANSITION OF FINANCIAL OBLIGATIONS

  • FINANCIAL OBLIGATIONS There will be no transfer of funds between the Parties under this Agreement and each Party will fund its own participation. All activities under or pursuant to this Agreement are subject to the availability of funds, and no provision of this Agreement shall be interpreted to require obligation or payment of funds in violation of the Anti-Deficiency Act, (31 U.S.C. § 1341).

  • Financial Obligation While this contract is in effect, the student is required to meet the financial obligations of this contract. Housing fees are charged through the Account Services Office. Students must pay their accounts per the policies of that office.

  • RESPONSIBILITIES OF THE EMPLOYER 1. The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system:

  • Obligations and Activities of Business Associate Business Associate agrees to:

  • Obligations and Activities of Business Associates (1) Business Associate agrees not to use or disclose PHI other than as permitted or required by this Section of the Contract or as Required by Law.

  • OBLIGATIONS AND ACTIVITIES OF CONTRACTOR AS BUSINESS ASSOCIATE 1. Contractor agrees not to use or further disclose PHI County discloses to Contractor other than as permitted or required by this Business Associate Contract or as required by law.

  • Termination in the Event of Financial Difficulties If the HSP makes an assignment, proposal, compromise, or arrangement for the benefit of creditors, or is petitioned into bankruptcy, or files for the appointment of a receiver the Funder will consult with the Director before determining whether this Agreement will be terminated. If the Funder terminates this Agreement because a person has exercised a security interest as contemplated by section 107 of the Act, the Funder would expect to enter into a service accountability agreement with the person exercising the security interest or the receiver or other agent acting on behalf of that person where the person has obtained the Director's approval under section 110 of the Act and has met all other relevant requirements of Applicable Law.

  • Security Violations and Accounts Updates Grantee will adhere to the Confidentiality Article requirements and HHS Data Usage Agreement of this contract and immediately contact System Agency if a security violation is detected, or if Grantee has any reason to suspect that the security or integrity of the CMBHS data has been or may be compromised in any way.

  • Responsibilities of Consultant a. Consultant, as an independent contractor to Client, shall perform the Scope of Work (Exhibit A) in accordance with, and subject to, the other provisions of this Agreement.

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