ANNUAL APPROVAL Sample Clauses

ANNUAL APPROVAL. For additional terms after the initial term of this Contract, this Contract shall be submitted for approval to the Trustees annually and shall continue in effect only so long as specifically approved annually by vote of a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Manager, by vote cast in person at a meeting called for the purpose of voting on such approval.
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ANNUAL APPROVAL. Each Policy Board director shall present for consideration and approval to its applicable legislative or governing body each fiscal year the funding levels described in Schedules 1 or 2 of Exhibit “A” hereof, but which funding decision is in the sole discretion of such applicable body. Such funding approval is a condition precedent to the funding obligation by such Funding Entity each year under Section 7.2 and Schedules 1 and 2 of Exhibit “A” attached hereto.
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ANNUAL APPROVAL. The Steering Committee shall review the proposed Plans and Budgets submitted by Ciba under Section 3.2.1 above as soon as reasonably feasible and shall establish and approve no later than August 31 of such year the final Plans and Budgets for the next succeeding year. All Plans and Budgets adopted pursuant to this Article 3 shall be reasonable and customary in relation to other similar products in the field of MS and shall be consistent with the other terms and conditions of this Agreement.
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ANNUAL APPROVAL. The Agreement shall be reviewed annually to determine project progress and appropriate updates to Exhibit A documents, which is then executed by all appropriate Parties. The review and approval should consist of: A. Addition of new Projects to the Exhibit A if one or more is identified to be included as a part of this Agreement. B. Removal of active Projects from the Exhibit A if one is identified by Project sponsor to be completed during the Agreement review process. C. Update of scope, schedule, and budget baselines for active Projects with a duration longer than the current year of this Agreement, as defined in the Exhibit A. Documentation shall maintain record of both original planned dates and updated planned dates and include supporting allocation of programmed and planned funds from local funding revenue sources as defined by the Annual Work Program and Multi- Year Capital Improvement Plan. D. Updated Agreement shall be reviewed and executed by all parties to the Agreement.
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ANNUAL APPROVAL. You and BTC acknowledge that your ability to enter into agreements that extend beyond your fiscal year is limited by applicable law. Notwithstanding anything in this Agreement to the contrary, to the extent the initial term or any subsequent term of this Agreement extends beyond your then current fiscal year, the continued effectiveness of this Agreement into each subsequent fiscal year is subject to the approval of and appropriation of funds by your governing body. You shall use reasonable efforts to ensure that such approval and appropriations are obtained prior to the end of your fiscal year during each applicable term of this Agreement. In the event that you fail to obtain such approval for renewal, you agree to promptly notify BTC of such non- approval, and this Agreement shall automatically terminate effective as of the last day of the most recent fiscal year for which funds were appropriated by your governing body as required under applicable law. For the avoidance of doubt, any termination of this Agreement shall not alleviate your payment obligations hereunder with respect to any and all amounts owed to BTC for goods and services provided in the fiscal year prior to such termination.
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Related to ANNUAL APPROVAL

  • Final Approval After Acceptance, Engineer shall perform any required modifications, changes, alterations, corrections, redesigns, and additional work necessary to receive Final Approval by the County. "Final Approval" in this sense shall mean formal recognition that the Engineering Services have been fully carried out.

  • Course Approval Approval for dual credit shall be by the LEA and POSTSECONDARY INSTITUTION representatives on a course-by-course basis each semester based on the student’s prior coursework, career pathway, and/or academic readiness. There is no state limit to the number of credits a student may earn through dual credit in an academic term; however, the student must meet eligibility requirements.

  • MOTION FOR FINAL APPROVAL Not later than 16 court days before the calendared Final Approval Hearing, Plaintiff will file in Court, a motion for final approval of the Settlement that includes a request for approval of the PAGA settlement under Labor Code section 2699, subd. (l), a Proposed Final Approval Order and a proposed Judgment (collectively “Motion for Final Approval”). Plaintiff shall provide drafts of these documents to Defense Counsel not later than seven days prior to filing the Motion for Final Approval. Class Counsel and Defense Counsel will expeditiously meet and confer in person or by telephone, and in good faith, to resolve any disagreements concerning the Motion for Final Approval.

  • HSR Approval The applicable waiting period under the HSR Act shall have expired or been terminated.

  • Governmental Approval Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner or not renewed for a full term, and such revocation, rescission, suspension, modification or non-renewal has, or could reasonably be expected to have, a Material Adverse Effect.

  • Prior Approval The Engineer shall not assign, subcontract or transfer any portion of professional services related to the work under this contract without prior written approval from the State.

  • Application for approval 3.1. The application for approval of a vehicle type with regard to the AEBS shall be submitted by the vehicle manufacturer or by his authorised representative. 3.2. It shall be accompanied by the documents mentioned below in triplicate: 3.2.1. A description of the vehicle type with regard to the items mentioned in paragraph 2.4., together with a documentation package which gives access to the basic design of the AEBS and the means by which it is linked to other vehicle systems or by which it directly controls output variables. The numbers and/or symbols identifying the vehicle type shall be specified. 3.3. A vehicle representative of the vehicle type to be approved shall be submitted to the Technical Service conducting the approval tests.

  • Board Approval No reimbursement shall be paid to the Investment Adviser pursuant to this provision in any fiscal year, unless the Trust's Board of Trustees has determined that the payment of such reimbursement is appropriate in light of the terms of this Agreement. The Trust's Board of Trustees shall determine quarterly in advance whether any portion of the Reimbursement Amount may be paid to the Investment Adviser in such quarter.

  • Marketing Consent The Borrowers hereby authorize JPMCB and its affiliates (collectively, the "JPMCB Parties"), at their respective sole expense, but without any prior approval by the Borrowers, to publish such tombstones and give such other publicity to this Agreement as each may from time to time determine in its sole discretion. The foregoing authorization shall remain in effect unless and until the Borrower Representative notifies JPMCB in writing that such authorization is revoked.

  • Director Approval The Board of Directors of Holdings shall have approved this Agreement and the transactions contemplated herein.

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