Administration of Funds. PlayOn will manage the collection and accounting of all funds received, including the management of refunds. If School produces regular season content on an alternative streaming platform in violation of this Agreement, PlayOn reserves the right to withhold any Revenue Share attributed to School. PlayOn will calculate the funds to be disbursed to School on a quarterly basis on the following dates: October 31st, January 31st, April 30th, and July 31st. Funds will be disbursed to School within 30 days of these dates. Detailed records can be provided for auditing purposes upon request. School must earn a minimum of $50 in aggregate Revenue Share proceeds within a school year to receive a check.
Administration of Funds. A. Funding shall be paid to Sub-grantee as a reimbursement for authorized expenses incurred pursuant to this Agreement and in accordance with the fiscal policies and procedures of IHCDA. Sub-grantee must maintain and implement written procedures to minimize the time elapsing between the transfer of funds to Sub-grantee and Sub-grantee’s issuance or redemption of checks, warrants, or payments by other means for program purposes.
Administration of Funds. The Authority shall be responsible for the strict accountability of all funds and reports of all receipts and disbursements in conformity with Government Code Section 6505. All funds of the Authority may be held in common although there shall be a separate accounting for funds of each Coverage Program.
Administration of Funds a. The funds shall be administered on behalf of the Board by the Peace River South Teachers’ Association.
Administration of Funds. Funding shall be paid to Sub-grantee as a reimbursement for authorized expenses incurred pursuant to this Agreement and in accordance with the fiscal policies and procedures of IHCDA. Sub-grantee must maintain and implement written procedures to minimize the time elapsing between the transfer of funds to Sub-grantee and Sub-grantee’s issuance or redemption of checks, warrants, or payments by other means for program purposes. The amount of CSBG funding that the Sub-grantee uses for CSBG administrative costs shall be no more than 20%. For the purposes of this grant, administrative costs are those related to the general management of the Sub-grantee’s organization, such as strategic direction, Board development, Executive Director functions, accounting, budgeting, personnel, procurement, and legal services. The parties agree that IHCDA’s payment through this Agreement is subject to and conditioned upon the availability of funds. If funds are reduced during the term of this Agreement, IHCDA is under no obligation to make payment hereunder, except to the extent that funds are available. Sub-grantee shall maintain financial and accounting records which identify costs attributable to each ACTIVITY DESCRIPTION specified in ATTACHMENT A. Sub-grantee shall further maintain annual, written cost methodologies, which identify procedures for attributing costs to each ACTIVITY DESCRIPTION. More restrictive fiscal accountability may be required of Sub-grantee by IHCDA should IHCDA determine that Sub-grantee is financially unstable, has a history of poor accountability, or has a management system which does not meet the standards required by IHCDA or the United States Government. All payments shall be made in arrears in conformance with IHCDA fiscal policies and procedures and, as required by Indiana Code § 4-13-2-14.8, by electronic funds transfer to the financial institution designated by the Contractor in writing unless a specific waiver has been obtained from the Auditor of State. Sub-grantee shall maintain the funds received from IHCDA pursuant to this Agreement in an identifiable bookkeeping account and shall use the funds solely for the purposes set forth in this Agreement, in accordance with the terms of this Agreement and ATTACHMENT A. Sub-grantee agrees to follow generally accepted accounting procedures and practices which sufficiently and properly reflect all costs incurred by Sub-grantee pursuant to this Agreement. Sub-grantee shall manage all funds received th...
Administration of Funds. The BDC agrees that all funds received from the City for implementation of this Agreement shall comply with the requirements of Section 14 of this Agreement. The BDC shall render a full and accurate accounting for the expenditures annually. The BDC shall be liable to and shall reimburse the City for any and all expenditure of funds contrary to this Agreement.
Administration of Funds. 194 195 The Authority shall be responsible for the strict accountability of all funds and reports of all receipts and 196 disbursements in conformity with Government Code Section 6505. All funds of the Authority may be 197 held in common although there shall be a separate accounting for funds of each Coverage Program. 198 199 200 ARTICLE XVI ‐ NEW PARTIES 201 202 Prospective Parties may apply to the Board of Directors at any time. The Board shall have the power to 203 accept a prospective Party, after reviewing their application. The membership shall become effective 204 upon the Board’s approval and the signing of this Agreement, participation in all mandatory Coverage 205 Programs, and compliance with any and all other requirements imposed upon membership by the 206 Bylaws or other Governing Documents. 207 208 209 ARTICLE XVII ‐ WITHDRAWAL 210 211 A Party to this Agreement may not withdraw as a party to this Agreement prior to being a Party for at 212 least three full fiscal years. A Party, who has been a Party for at least three full fiscal years, may 213 withdraw from this Agreement only on the completion of a fiscal year. The Party must provide the 214 Chairperson written notice of intent to withdraw at least six‐months prior to withdrawal. The Party may 215 rescind its notice of intent to withdraw at any time prior to ninety‐days prior to the commencement of 216 the next fiscal year. The Board may authorize rescission of the intent to withdraw upon a Party’s request 217 pursuant to the Bylaws at any time. 218 ARTICLE XVIII ‐ EXPULSION 219 220 The Board may expel a Party to this Agreement as a Party as provided for in the Bylaws. The expelled 221 Party shall be given written notice of such action of the Board at least ninety‐days prior to the effective 222 date of the expulsion. 223 224 225 ARTICLE XIX ‐ EFFECT OF EXPULSION OR WITHDRAWAL 226 227 Pursuant to Government Code Section 6512.2, termination of any Party to this Agreement as a Party 228 shall not be construed to be completion of the purpose of the Agreement and shall not require the 229 return of any Contributions, payments or advances made by the Party until the Agreement is rescinded 230 or terminated by all Parties in accordance with Article XX. 231 232 Termination of a Party to this Agreement as a Party shall not terminate its continuing responsibilities 233 defined in any Governing Document or Coverage Program Document for the period of time in which the 234 Party participated, including...
Administration of Funds promulgation of reg- ulations The Board shall, in such manner as it shall prescribe by regulation, administer the distribu- tion of funds under any agreement entered into or benefit schedule prescribed under this sec- tion, and shall determine the amount for which each employee is eligible under such agreement or benefit schedule. Such regulation shall in- clude procedures to resolve by final and binding arbitration any dispute over an employee’s eligi- bility or claim.
Administration of Funds. PDA shall oversee the administration of the wetland credit funds. The funds shall be used to cover the cost of designing, constructing, and administering the mitigation project.
Administration of Funds. A. Funding shall be paid to Sub-grantee as a reimbursement for authorized expenses incurred for the STATE LIHEAP Program pursuant to this Agreement, and in accordance with the fiscal policies and procedures of the IHCDA. Following the expiration or termination of this Agreement, Sub-grantee shall reconcile all costs incurred through this Agreement pursuant to instructions in Paragraph (H)-(J) below. Sub-grantee must maintain and implement written procedures to minimize the time elapsing between the transfer of funds to Sub-grantee and Sub-grantee’s issuance or redemption of checks, warrants, or payments by other means for program purposes.
