SR Funds definition

SR Funds means the funds disbursed by UNDP to the Sub-recipient under this Agreement, or expended by UNDP as direct payment for SR Resources, the maximum amount of which is indicated in Block 7 of the face sheet of this Agreement. See also Article VIII(1), below;
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SR Funds means the funds disbursed by UNDP to the Sub-Recipient under this Agreement or expended by UNDP as direct payment for SR Resources, up to the maximum amount indicated in Block 7 of the Face Sheet of this Agreement.
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SR Funds means the funds raised by CN through levying a special rate on businesses in the relevant area as defined in item 2 of Schedule 1. Start Date means the date set out in item 1 of Schedule 1. Support Officer means the person or company provided by CN in accordance with clause 5.1 (e) to assist the Service Provider in meeting its obligations under this agreement.
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Examples of SR Funds in a sentence

  • The Sub-Recipient shall afford authorized representatives of UNDP, the Global Fund, and any agent or third party of which UNDP or the Global Fund notifies the Sub-Recipient the opportunity at all reasonable times on an ad hoc basis to make visits related to operations financed by SR Funds.

  • Reimbursements to the Sub-Recipient under this Article 18.5, when added to the amounts previously remitted to it by UNDP in respect of SR Activities, shall not exceed the maximum amount of SR Funds.

  • Reimbursements to the Sub-recipient under the present paragraph, when added to the amounts previously remitted to it by UNDP in respect of SR Activities, shall not exceed the total amount of SR Funds.

  • The Sub-recipient acknowledges and agrees that UNDP’s approval and clearance pursuant to paragraph 1(b) of this Article XXVI, providing SR Funds to Sub-sub-recipients, or making payments on behalf of Sub- sub-recipients to carry out SR Activities does not relieve the Sub-recipient of its obligations and liabilities under this Agreement.

  • Where UNDP is required by the Work Plan to make direct payments to the selected contractor for the SR resources, such payments shall be made with SR Funds.

  • The Sub-recipient also agrees to provide, compile and make available to UNDP any other record, document or information, verbal or written, which UNDP may reasonably request with respect to the SR Funds, SR Resources, and SR Activities more generally.

  • The Sub-recipient shall keep accurate and current books and records, and other documents (the “SR Records”) in respect of all expenditures incurred with SR Funds, reflecting that all such expenditures are in accordance with the Work Plan.

  • Such cash statement shall include all interest, foreign exchange gains, tax refunds, revenue from any social marketing activities, or otherwise earned from SR Activities and SR Funds.

  • After review and approval of such specifications and/or terms of reference, UNDP shall procure the SR Resources in accordance with UNDP Regulations, Rules, Policies and procedures,2 and make all payments for the SR Resources directly with SR Funds to the selected contractor pursuant to a contract or contracts with the said contractor.

  • Not later than two (2) months after the completion of SR Activities, the SR Activities Ending Date or the termination of this Agreement, whichever is earlier, the Sub-recipient shall provide to UNDP a final report on SR Activities and include a final financial report on the use of SR Funds, as well as an inventory of SR Resources.