NSIFT definition
Examples of NSIFT in a sentence
Notwithstanding anything to the contrary contained herein, no termination by NSIFT or Develop Nova Scotia under Section 12.3(a), nor the expiry of this Agreement or a Project shall affect the rights or obligations of ISP with respect to any Event of Default or the obligation to make any payment hereunder with respect to obligations accruing prior to the date of termination or expiration.
NSIFT may assign its rights and obligations under this Agreement, in whole or in part, to Develop Nova Scotia in its sole discretion.
Questions and disputes between ISP and the other Parties with respect to this Agreement (each, a “Dispute”), if not otherwise resolved by the Project Managers shall be escalated, by any Party, for resolution at the director level (or equivalent level of authority as between the ISP and NSIFT or Develop Nova Scotia).
NSIFT shall complete an annual investment plan and an annual training plan for the following year and submit them, by September 30 of each year, for review by the Association.
No payment by NSIFT under this Agreement shall constitute an Acceptance of any portion of the Work which is not in accordance with the requirements of this Agreement.
The ISP acknowledges that the trustees of NSIFT are entering into this Agreement in their capacities as trustees on behalf of NSIFT.
Except as the Association shall otherwise agree, the Recipient shall cause the NSIFT Project implementing Entity to not assign, amend, abrogate, terminate, waive or fail to enforce any Subgrant Agreement or any of its provisions.
For the implementation of Part 2 of the Project, the Recipient shall cause the NSIFT Project Implementing Entity to make Subgrants to selected Beneficiaries in accordance with detailed criteria set forth in the Subgrants Manual and pursuant to the pertinent Subgrant Agreement.
NSIFT shall carry on its operations and conduct its affairs in accordance with sound administrative, financial and environmental practices under the supervision of qualified and experienced management assisted by competent staff in adequate numbers.
By September 30 of each year, NSIFT shall prepare an annual investment plan, setting out the planned investments by region for the following year.