Financial Responsibilities definition

Financial Responsibilities. Each party agrees to contribute equally to a joint account for covering household expenses, savings, and investments. Individual earnings beyond these contributions will be managed separately by each party. ● Debts: Debts incurred by either party before the marriage will remain the responsibility of that party. Any debts incurred jointly after marriage will be shared equally.
Sample 1
Financial Responsibilities these are the regular expenses associated with the program.  The Class of 2018 will have all regular costs for the iPad program included in their tuition, with the exception of the $50 annual payment for insurance (already paid for 2014-2015).  The Class of 2017, 2016, 2015 will have expenses added to their monthly FACTS invoice, either included as part of the tuition or a separate item. Insurance Responsibilities: these are your responsibilities if a unit is damaged/lost/stolen.  Damage must be reported to the Technology staff immediately. If damage occurs while outside of the school building, it must be reported upon return. o Damage is simply defined as any aspect (physical or electronic) impeding the proper use of the device, or posing a safety issue (broken glass or sharp dents). The following deductibles will be accessed to the student’s account: o In the event a unit is damaged in any way that is not covered under the standard manufacturer’s warrantee, a $50 deductible will apply. o In the event the unit is lost or stolen, a $200 deductible applies, in the event of a 2nd claim, a $300 deductible applies. Only 2 claims are permitted per student per lease.  The Technology staff will immediately replace a malfunctioning unit, ensuring the student always has a working unit.  A student will always be given an immediate replacement unit. As it is imperative that the student always has a working tablet, a parent/guardian’s approval will not be sought. o Deductibles are not due at the time of the replacement instead deductibles will be due within 30 days of the replacement date, or the next report card, whichever is sooner. Parent Responsibilities: these are the additional responsibilities we expect parents/guardians to take.  Parents/guardians are responsible to monitor student’s tablet use outside of the school.  In the event the security lockouts are overridden (including jail breaking), parents/guardians will be responsible for all repair expenses, up to the cost of the unit ($500). Student Responsibilities: these are the responsibilities we expect the student to take.  Maintain their tablet in proper working order, keeping it clean and free of marks, and charged overnight.  Students must keep their iPads in a school approved case at all times. If a student is found without a school approved case, one will be provided to them for the replacement fee.  Keep the tablet on their person at all times, securing it as necessary, especially: o Lunch p...
Sample 1
Financial Responsibilities. The Resident is responsible for the residence fees for the entire semester. The Resident agrees to pay all fees on the due dates outlined in the Luther College Residence Fee Schedule, provided on the Luther College website under the Residence Fees & Meal Plans tab. The Resident agrees that failure to make payment does not relieve the Resident of contract obligations. Default in payment may result in penalties such as late fee penalties, loss of service, holds placed on the Resident’s account and/or lock-out and/or eviction.
Sample 1

Examples of Financial Responsibilities in a sentence

  • Financial Responsibilities for Covered Services.The Subscriber is liable for payment of the following Cost Shares for Covered Services provided to the Subscriber and their Dependents.

  • Financial Responsibilities for Covered Services.The Subscriber is liable for payment of the following Cost Shares for Covered Services provided to the Subscriber and his/her Dependents.

  • Financial Responsibilities for Covered Services.The Contract Holder is liable for payment of the following Cost Shares for Covered Services provided to the Contract Holder and their Dependents.

  • Financial Responsibilities for Covered Services.‌The Subscriber is liable for payment of the following Cost Shares for Covered Services provided to the Subscriber and their Dependents.

  • The types of Software which DIR may obtain pursuant to this methodology are listed as ‘Software Charge” in the Financial Responsibilities Matrix and Exhibit 12.

  • Financial Responsibilities for Covered Services.Note: Various Cost Shares may or may not be eligible for determining the Member’s annual Health Savings Account contribution limit.

  • Other Financial Responsibilities The resident will be held financially responsible for costs not covered in the terms and conditions that are incurred by University Housing in enforcement of this contract including but not limited to cleaning costs, the cost of moving a resident’s possessions, legal fees, storage costs, or non-routine maintenance.

  • Sharing Financial Responsibilities It is wise to make major financial decisions together.

  • For EIM participants, since Virtual Bidding, Reliability Must Run contracts, and Congestion Revenue Rights are not applicable to the EIM, these portions of the Financial Responsibilities outlined in the BPM for Credit Management are not applicable.

  • Financial Responsibilities: Plans and conducts assigned financial services in the areas of accounts payable, accounts receivable and revenue operations, including the processing of revenue, program related financial accounts, grants and contributions, contracting, payroll, travel and petty cash transactions, the implementation of verification and control processes, and required reporting.


More Definitions of Financial Responsibilities

Financial Responsibilities. Bring your current insurance information to each visit. It is your responsibility to understand your insurance benefits, including co-pays, deductibles, and coinsurances Self Pay Patients: Payment is expected on the day treatment is rendered. We accept cash, check or VISA/MC. Statements are mailed each month. Payment is due upon receipt unless other arrangements are made in advance. If payment is not received before the next statement date (25-30 days) the account is considered past due and may be assessed a monthly non-adjustable service charge of $10.00. Accounts that have not received any payments or acknowledgment for three (3) consecutive months will be referred to an outside collection agency. A non-adjustable collection fee of 28% of the current outstanding balance will be added to the account. Refunds are processed only after all open claims on the account are processed. Deposits will be refunded after completion of insurance payment processing. Checks are mailed at the end of the month. All returned checks will be charged a $25.00 administrative fee. I have read the above patient obligations and agree to follow this policy
Sample 1

Related to Financial Responsibilities

  • Financial responsibility means the ability to respond in damages for liability thereafter incurred

  • Proof of financial responsibility means proof of ability to respond in damages for liability, on account of accidents occurring after the effective date of the proof, arising out of the ownership, maintenance, or use of a motor vehicle, in the amount of twenty-five thousand dollars because of bodily injury to or death of one person in any one accident, and, subject to the limit for one person, in the amount of fifty thousand dollars because of bodily injury to or death of two or more persons in any one accident, and in the amount of twenty-five thousand dollars because of injury to or destruction of property of others in any one accident.

  • Institutional Responsibilities means an Investigator’s professional responsibilities on behalf of the Institution, including activities such as research, teaching, clinical or other professional practice, academic activities, scholarly events, institutional committee memberships, and service on panels such as Institutional Review Boards or Data and Safety Monitoring Boards.

  • Corporate Social Responsibility means Corporate Social Responsibility (CSR) as defined in Section 135 of the Companies Act, 2013 and Companies Corporate Social Responsibility Policy) Rules, 2014;

  • Official responsibility means administrative or operating authority, whether intermediate or final, to initiate, approve, disapprove or otherwise affect a procurement transaction, or any claim resulting therefrom.

  • parental responsibility , in relation to a child, means all the duties, powers, responsibilities and authority which, by law, parents have in relation to children.

  • Remedial response means a measure to stop and correct prohibited conduct, prevent prohibited conduct from recurring, and protect, support, and intervene on behalf of a student who is the target or victim of prohibited conduct.

  • Customer Responsibilities means the responsibilities of the Customer set out in Call Off Schedule 4 (Implementation Plan) and any other responsibilities of the Customer in the Call Off Order Form or agreed in writing between the Parties from time to time in connection with this Call Off Contract;

  • Initial Response means the first contact by a Support Representative after the incident has been logged and a ticket generated. This may include an automated email response depending on when the incident is first communicated.

  • TAXPAYERS' RIGHTS AND RESPONSIBILITIES means the rights provided to taxpayers in sections 718.11 , 718.12 , 718.19, 718.23, 718.36, 718.37, 718.38, 5717.011 , and 5717.03 of the Ohio Revised Code and any corresponding ordinances of the Municipality, and the responsibilities of taxpayers to file, report, withhold, remit, and pay municipal income tax and otherwise comply with Chapter 718. of the Ohio Revised Code and resolutions, ordinances, and rules adopted by a municipal corporation for the imposition and administration of a municipal income tax.

  • Emergency medical responder or “EMR” means an individual who has successfully completed a course of study based on the United States Department of Transportation’s Emergency Medical Responder Instructional Guidelines (January 2009), has passed the psychomotor and cognitive examinations for the EMR, and is currently certified by the department as an EMR.

  • Area of responsibility means the geographical area, as

  • Responsibilities means the responsibilities delegated to BNY under the Rule as a Foreign Custody Manager with respect to each Specified Country and each Eligible Foreign Custodian selected by BNY, as such responsibilities are more fully described in Article III of this Agreement.

  • Health and Human Services Commission or “HHSC” means the administrative agency established under Chapter 531, Texas Government Code, or its designee.

  • Department of Health and Human Services means the Department of Health and Human Services

  • Financial Crime Risk Management Activity means any action to meet Compliance Obligations relating to or in connection with the detection, investigation and prevention of Financial Crime that the Bank or members of the HSBC Group may take.

  • The "Clean Air Act means those provisions contained in 42 U.S.C. §§ 7401 to 7671q, and regulations promulgated thereunder.

  • Health and Safety Plan means a documented plan which addresses hazards identified and includes safe work procedures to mitigate, reduce or control the hazards identified;

  • traditional communities means communities recognised in terms of section 3 of the Eastern Cape Traditional Leadership and Governance Act, 2005 (Act No. 4 of 2005).

  • Resource means assets and income.

  • Virginia Stormwater Management Act means Article 2.3 (§ 62.1-44.15:24 et seq.) of Chapter 3.1 of Title 62.1 of the Code of Virginia.

  • Disaster Management Act means the Disaster Management Act, 2002 (Act No.57 of 2002)

  • Emergency response as used in RCW 38.52.430 means a public

  • Occupational Health and Safety Act means the Occupational Health and Safety Act, 1993 (Act No 85 of 1993);

  • Environmental, Health and Safety Liabilities means any cost, damages, expense, liability, obligation or other responsibility arising from or under Environmental Law or Occupational Safety and Health Law and consisting of or relating to:

  • Emergency Care means management for an illness or injury which results in symptoms which occur suddenly and unexpectedly, and requires immediate care by a medical practitioner to prevent death or serious long term impairment of the insured person’s health.