Administration of Reserve Sample Clauses

Administration of Reserve. The CAO’s of participating municipalities acting jointly; and - Joint development of short and long term priorities in a regional context and based on the Principle of Mutual Benefit. - Upon the termination of this Agreement, all unexpended funds forming part of the joint Reserve account shall be accounted for and returned to the participating municipalities in proportion to their respective contributions to the Reserve.  Joint Advisory Committee: - A joint advisory committee comprised of the Mayor/Xxxxx and Deputy Mayor/Xxxxx of participating municipalities will be set up; and - Its mandate would be to be a source of advice to the CAO’s administering the reserve and to review recommended facility and infrastructure investment priorities prior to incorporating them into the annual Business Planning and Budget Processes for participating municipalities.  Process: - CAO’s review funding levels and contributions as well as short and long term priorities; - Joint Advisory Committee reviews and provides advice related to CAO recommendations; - CAO’s incorporate recommendations into normal annual Business Plan and Budget development processes at municipal level; and - Participating Councils review and ultimately make decisions related to the reserve through their normal municipal Business Plan and Budget processes. SCHEDULE “C” Renegotiation and Termination Dates 23 Oct 09 – Agreement signed. 23 Oct 14 – First date on which a Request for Renegotiation or a Notice of Termination can be filed. If the latter, Dispute Resolution as outlined in Article 6 is triggered. 23 Oct 15 – Agreement renews for an additional three (3) year term unless: the Agreement has been amended or a new Agreement has been negotiated in response to a Request for Renegotiation; or, Dispute Resolution in response to a Notice of Termination has been unsuccessful, in which case the Agreement terminates.
Sample 1
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Administration of Reserve. Replace- ment reserve funds must be deposited § 891.610 with HUD or in a Federally-insured de- pository in an interest-bearing ac- count(s) whose balances are fully in- sured at all times. All earnings includ- ing interest on the reserve must be added to the reserve. Funds may be drawn from the reserve and used only in accordance with HUD guidelines and with the approval of, or as directed by, HUD.
Sample 1

Related to Administration of Reserve

  • Administration of Medication Employees required to administer or apply medication(s) prescribed by a qualified medical practitioner, will be trained at the Employer's expense. Employees who have not received this training will not be permitted to administer such substances.

  • Administration of the Fund 12.7.1 The Leave Pay Fund shall be administered by the Council and all expenses incurred in connection with the administration of the Leave Pay Fund shall form a charge against the Council.

  • Administration of the Plan a. The Plan will be administered by the Company in accordance with its terms and the costs of administration shall be the responsibility of the Company. Upon determination of each Quarterly Profit calculation, such calculation shall be forwarded to the Chair of the Union Negotiating Committee accompanied by a Certificate of Officer signed by the Chief Financial Officer of the Company, providing a detailed description of any adjustments made to Earnings Before Income and Taxes and stating that Profit was determined in accordance with GAAP and that Quarterly Profit was calculated in accordance with this Section.

  • Administration of Agreement All approvals referenced in this Agreement must be obtained from the parties' contract administrators or their designees. All notices must be given to the parties' contract administrators respectively. The OAG's contract administrator is Xxxxxxxxx X. Xxxxxx, Chief, Bureau of Advocacy and Grants Management. The Provider’s contract administrator will be provided at the time of execution. The parties will provide each other with written notification of any change in its designated representative for this Agreement. Such changes do not require a formal written amendment to this Agreement.

  • Administration of the Bank a. The Committee maintains records of employees participating, receives requests, verifies validity, approves, and communicates actions to members and to the District.

  • Administration of the Contributions 1.1. The Bank shall be responsible only for performing those functions specifically set forth in this Agreement and shall not be subject to any other duties or responsibilities to the Donors, including, without limitation, any duties or obligations that might otherwise apply to a fiduciary or trustee under general principles of trust or fiduciary law. Nothing in this Agreement shall be considered a waiver of any privileges or immunities of the IBRD and XXX under their Articles of Agreement or any applicable law, all of which are expressly reserved.

  • Administration of Claims The Fund or its designee agrees to administer all claims for which Fund Member has coverage after Fund Member provides timely written notice to the Fund. Fund Member hereby authorizes the Fund or its designee to act in all matters pertaining to handling of claims for which Fund Member has coverage pursuant to this Agreement. Fund Member expressly agrees that the Fund has sole authority in all matters pertaining to the administration of claims and grants the Fund or its designee full decision-making authority in all matters, including without limitation, discussions with claimants and their attorneys or other duly authorized representatives. Fund Member further agrees to be fully cooperative in supplying any information reasonably requested by the Fund in the handling of claims. All decisions on individual claims shall be made by the Fund or its designee, including, without limitation, decisions concerning claim values, payment due on the claim, settlement, subrogation, litigation, or appeals.

  • ADMINISTRATION OF CONTRACT COUNTY A listing of all COUNTY Administration referenced in the following Sub-sections is designated in Exhibit U, COUNTY’s Administration. The COUNTY shall notify the CONTRACTOR in writing of any change in the names or addresses shown.

  • ADMINISTRATION OF THE SETTLEMENT 27. Any Settlement Class Member who fails timely to submit a valid Proof of Claim (substantially in the form of Exhibit 2 to Exhibit A) will not be entitled to receive any of the proceeds from the Net Settlement Fund, except as otherwise ordered by the Court, but will otherwise be bound by all of the terms of this Stipulation and the Settlement, including the terms of the Judgment or Alternative Judgment to be entered in the Action and all releases provided for herein, and will be barred from bringing any action against the Released Defendant Parties concerning the Released Claims.

  • ADMINISTRATION OF THE CONTRACT 2.2.1 The Architect will provide administration of the Contract as hereinafter described.

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