Requirements for Funding Sample Clauses

Requirements for Funding. A course will be taken on the employee’s own time, and not during work hours; • All courses that will be funded must be consistent with a career objective in mind; • The employee must show completion of the course, or they will not be eligible to receive any further funds under this program; and • Funds shall not be used for the following: o Courses that are covered under the Company Educational Assistance (EA) program; o Courses that may be covered under the department’s regular training budget; and o Duplicating other training initiatives by other groups.

Requirements for Funding. A course will be taken on the employee’s own time, and not during work hours; • All courses that will be funded must be consistent with a career objective in mind; • The employee must show completion of the course, or they will not be eligible to receive any further funds under this program; and • Funds shall not be used for the following: o Courses that are covered under the Company Educational Assistance (EA) program; o Courses that may be covered under the department’s regular training budget; and o Duplicating other training initiatives by other groups. Application for Funds: • The employee must fill in the Sectoral Skills Fund form. • The form must include all the requested information or it will not be accepted. • Funds will be provided only if the application was received prior to the start of the course date. • If for some reason the employee cannot attend the course and cannot receive a refund, the employee must provide these details in an email to the IUDC Office Manager stating the reasons why. The reasons must be reasonable and justifiable. • If the employee does not receive a passing grade to the course, the employee must still provide proof of completion. Subsequent failing grades submitted to the Office Manager will be shared with the committee may be taken into account when approving or denying future requests. • If the Office Manager does not receive these notification emails, the employee will no longer be eligible to receive any future funds. • The employee may put the completed course on their employee file with Human Resources by submitting proof of competition to their HR Advisor. Responsibility: Employee: • Initiate the request for funds and provide all the necessary details in order for it to be approved; • Provide proof of registration and payment for the course to the Office Manager; and • Provide proof of completion once the course has been completed. IUDC Office Manager Responsibility: • Receive request for funding and bring forth to the committee for approval; • Track and administer the details of all requests as well as the progress for completion; • Contact the employees as required; • Provide direction on the application process; • Maintain Sectoral Skills information; • Track completion of courses; • Provide the employee with the funds to pay for the course; • Administer and present the budget to the committee for review on a quarterly basis. These details can be requested for audit purposes at any time by the Company; • En...

Requirements for Funding. 6.1 The obligation of the Lender to fund the Loan to the Borrower is subject to the receipt of the Lender, on or prior to the date of execution of this Agreement, of the following: