Accounting Authority Sample Clauses

Accounting Authority. Agent shall open and maintain at least one federally insured clients’ trust account, pursuant to ORS 696.241, for the deposit of all funds received on behalf of the Owner for the property managed under this agreement. Agent shall provide to the Owner a monthly statement of operations for all receipts and disbursements for the account of the owner during the prior monthly period. Agent shall have the authority to transfer funds between two or more ledger accounts maintained by the Owner. Owner acknowledges that some bills shall be paid by computer and through a pooled account. Agent shall not withdraw, pay or transfer funds for payment of generally authorized expenses from the Owner’s ledger account in excess of the actual credit balance of the account. This credit shall not include the amount of the tenant’s conditionally refundable deposits being held at the time of the withdrawal, payment or transfer of funds.
AutoNDA by SimpleDocs
Accounting Authority if the public entity has a board or other controlling body, that board or controlling body is the accounting authority for that entity;
Accounting Authority. 5.1 In consideration of the obligations herein contained the Accounting Authority will:
Accounting Authority. Allerdale Borough Council Functions To act on behalf of, under the oversight of and be advised by the CCPSB in the management and day to day supervision of the Programme To employ and use staff to manage the delivery of the Progamme To act as representative of the Consortium in any discussions or negotiations or other appropriate transactions with any third party (including Government departments) in relation to the programme provided that no final decisions or agreements will be made without the approval of the CCPSB or CCPPB With the approval of the CCPSB to provide such administrative resources and office facilities as should reasonably be necessary to enable the Lead Authority to manage the programme To be responsible for the claiming of Grant funding from funding bodies within the terms of this Agreement and for the payment of such Grant to Consortium Members provided that all such claims and payments accord with relevant conditions as set by the funding body To ensure that all financial transactions to which it is a party and relevant to this Agreement shall be conducted according to relevant financial regulations and are appropriately audited On behalf of, and with advice from, the CCPSB take responsibility for ensuring quality assurance of the Programme including the monitoring and evaluation of the development of the Programme To make reports on all relevant matters to CCPSB and CCPPB such that CCPSB and CCPPB are able to carry out its functions of oversight To fulfil such other roles and functions as reasonably required and notified by the CCPSB

Related to Accounting Authority

  • Appointing Authority If the grievance is not settled under Step 1, it may be formally submitted to the appointing authority. The grievance shall be submitted within seven (7) days after receipt of the written decision from Step 2 or the verbal decision of Step 1, whichever applies. Within seven (7) days after receipt of the written grievance, the appointing authority or designated representative shall meet with the employee. Within seven (7) days thereafter, a written decision shall be delivered to the employee.

  • Accounting Standards The Subrecipient agrees to comply with 2 CFR 200 and agrees to adhere to the accounting principles and procedures required therein, utilize adequate internal controls, and maintain necessary source documentation for all costs incurred.

  • Signing Authority Will the above-named Partner be able to sign contracts on behalf of the Partnership? ☐ Yes ☐ No Partner 3: with a mailing address of . a.) Ownership: %

  • Certificate of Operating Authority A certification by the State Commission that CLEC has been authorized to operate within the State as a provider of local Telephone Exchange Services within CenturyLink’s local service area; in many states this certification is known as a Certificate of Public Convenience and Necessity. CIC: An acronym for Carrier Identification Code. CLASS: An acronym for Custom Local Area Signaling Services. CLASS is based on the availability of Common Channel Signaling (CCS). CLASS consists of number- translation services such as call-forwarding and caller identification, available within a local exchange. CLASS is a service mark of Bellcore, now Telcordia. CLEC Profile: A CenturyLink form required to be completed and submitted to CenturyLink by any Telecommunications Carrier requesting to interconnect or exchange traffic with CenturyLink’s network, requesting unbundled access to CenturyLink’s Network Elements, or the ability to initiate any order submission to CenturyLink. Among other things, a Telecommunication Carrier is required to provide CenturyLink, on the CLEC Profile, the following: its Operating Company Number (OCN), Company Code (CC), and Access Carrier Name Abbreviation (ACNA). CLLI Codes: Common Language Location Identifier Codes. Collocation: An arrangement whereby a requesting Telecommunications Carrier may locate equipment necessary for Interconnection or access to Unbundled Network Elements at CenturyLink Central Offices for the purposes of interconnecting with CenturyLink’s network or for accessing CenturyLink’s Unbundled Network Elements pursuant to the Interconnection obligations under the Act as codified in 47 C.F.R. §51. Commingle: The act of Commingling. Commingling: The connecting, attaching, or otherwise linking of an unbundled Network Element, or a combination of unbundled Network Elements, to one or more facilities or services that CLEC has obtained at wholesale from CenturyLink or the combining of an unbundled Network Element, or a combination of unbundled Network Elements with one or more such facilities or services. Commission: The State Public Service or Public Utility Commission, as applicable. Common Channel Signaling (CCS): A high-speed, specialized, packet-switched communications network that is separate (out-of-band) from the public packet-switched and message networks. CCS carries addressed signaling messages for individual trunk circuits and/or database-related services between Signaling Points in the CCS network using SS7 signaling protocol. Common Transport: An interoffice transmission path between End Office Switches, between End Office Switches and Tandem Switches and between Tandem Switches in CenturyLink’s network. Common Transport paths/Common Tandem Trunks are shared between multiple customers and are required to be switched at the Tandem Switch. Company Identifier or Company ID: A three to five (3 to 5) character identifier that distinguishes the entity providing voice service (e.g. wireline, wireless, VoIP, etc.) to the End User. The Company Identifier registry is maintained by NENA in a nationally accessible database. Competitive Local Exchange Carrier (CLEC): As defined in 47 U.S.C. §153, authorized to provide Telephone Exchange Services or Exchange Access Services in competition with an ILEC.

  • Accounting and Financial Reporting 6.1. The Bank shall maintain separate records and ledger accounts in respect of the Contributions deposited in the Trust Fund account and disbursements made therefrom.

  • Contracting authority The contracting authority of this public contract is Enabel, the Belgian development agency, public-law company with social purposes, with its registered office at Xxx Xxxxx 000, 0000 Xxxxxxxx xx Xxxxxxx (enterprise number 0264.814.354, RPM/RPR Brussels). Enabel has the exclusive competence for the execution, in Belgium and abroad, of public service tasks of direct bilateral cooperation with partner countries. Moreover, it may also perform other development cooperation tasks at the request of public interest organisations, and it can develop its own activities to contribute towards realisation of its objectives. For this procurement contract, Xxxxxx is represented by person(s) who shall sign the award letter and are mandated to represent the organisation towards third parties.

  • Accounting Treatment For accounting purposes, the Merger is intended to be treated as a "purchase."

  • Regulatory Authority If any regulatory authority having jurisdiction (or any successor boards or agencies), a court of competent jurisdiction or other Governmental Authority with the appropriate jurisdiction (collectively, the ''Regulatory Body'') issues a rule, regulation, law or order that has the effect of cancelling, changing or superseding any term or provision of this Agreement (the ''Regulatory Requirement''), then this Agreement will be deemed modified to the extent necessary to comply with the Regulatory Requirement. Notwithstanding the foregoing, if a Regulatory Body materially modifies the terms and conditions of this Agreement and such modification(s) materially affect the benefits flowing to one or both of the Parties, as determined by either of the Parties within twenty (20) business days of the receipt of the Agreement as materially modified, the Parties agree to attempt in good faith to negotiate an amendment or amendments to this Agreement or take other appropriate action(s) so as to put each Party in effectively the same position in which the Parties would have been had such modification not been made. In the event that, within sixty (60) days or some other time period mutually agreed upon by the Parties after such modification has been made, the Parties are unable to reach agreement as to what, if any, amendments are necessary and fail to take other appropriate action to put each Party in effectively the same position in which the Parties would have been had such modification not been made, then either Party shall have the right to unilaterally terminate this Agreement forthwith.

  • The Contracting Authority shall designate a Project Manager for the Project. The Project Manager is authorized to act on behalf of the Contracting Authority to perform specific responsibilities under the Agreement.

  • Certifying Authority The Section of European Funds of the Ministry of Finance of the Slovak Republic shall act as the Certifying Authority The Head of the Certifying Authority is the Director General of the Section of European Funds. The Certifying Authority reports directly to State Secretary II. The roles and responsibilities of the Certifying Authority are stipulated in the Regulation, in particular Article 5.4 of the Regulation

Time is Money Join Law Insider Premium to draft better contracts faster.