Cancellation of Commitment of Funds Sample Clauses

Cancellation of Commitment of Funds. Dear Sir/Madam: Reference is made to the Financial Procedures Agreement, dated as may have been amended, between the International Bank for Reconstruction and Development, as Trustee of the Global Partnership for Education Fund (the "Trustee") and the [Name of Grant Agent], as Grant Agent (the "Agreement"). In accordance with the terms of the Agreement, the Trustee hereby notifies you of commitment cancellations in the sum of [USD or EUR2] during the period [period] for the activities listed in Annex 1 attached hereto. Please review the attached Annex 1 and inform us if it contains any incorrect information by sending an email to xxxxxxxxxxx@xxxxxxxxx.xxx. International Bank for Reconstruction and Development as Trustee of the Global Partnership for Education Fund [Name] [Title] Attachments Annex C Global Partnership for Education Fund [Grant Agent Name] Cash Transfer Request As of [Date] (in [USD or EUR3])
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Cancellation of Commitment of Funds. In accordance with the terms of the Agreement, the Trustee hereby notifies you of commitment cancellations in the sum of [US$ ] for the [activities] listed in Attachment 2 attached hereto. Please inform us [within [x] calendar days of receipt of this letter] if any of the information provided herein is incorrect. International Bank for Reconstruction and Development, as Trustee of the Pandemic Prevention, Preparedness and Response Trust Fund Attachments [Name] [Title] Annex B Form of Cash Transfer Request PANDEMIC PREVENTION, PREPAREDNESS AND RESPONSE [IMPLEMENTING ENTITY NAME] XXXX TRANSFER REQUEST FOR PROJECTS AND CASH TRANSFER REQUEST FOR IE FEES As of [DATE] [CASH TRANSFER REQUEST REFERENCE NUMBER] CASH TRANSFER REQUEST FOR PROJECTS in US Dollars Net Cumulative Cash received from the Trustee in the IE Trust Fund/Account Net Cumulative Disbursements from the IE Trust Fund/Account /a Net Cash Position Projected Cash Requirements for Next 6 Months Projected Net Cash Position Amount of Cash Transfer Request
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Cancellation of Commitment of Funds. [In accordance with the terms of the Agreement, the Trustee hereby notifies you of commitment cancellations in the sum of [US$ ] for the items listed in Attachment 2 attached hereto. Please inform us within [x] calendar days of receipt of this letter if any of the information provided herein is incorrect. International Bank for Reconstruction and Development, as Trustee of the Pandemic Emergency Financing Facility Trust Fund [Name] [Title] Attachments Annex B Form of Cash Transfer Request Pandemic Emergency Financing Facility Fund [Responding Agency Name] Cash Transfer Request for PEF [Response Activity / Agency Fees] As of [date] (in [US dollars]) Trustee ID [Responding Agency] ID Response Activity Title [Insurance or Cash] Window Type a/ Net Trustee Committment Amount b/ Amount Transferred to date c/ Amount of Cash Transfer Request (1) (2) (3) (4) (5) (6) (7) (8) [Response Activity] [Agency Fees] Total Cash Transfer Amount a/ Cash transfers for the Response Activity and Agency Fees must be broken down by line item. b/ This column represents the committed amount less cancelled amount of Trustee commitment.
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Cancellation of Commitment of Funds. In accordance with the terms of the Agreement, the Trustee hereby notifies you of commitment cancellations in the sum of [US$ ] for the [activities] listed in Attachment 2 attached hereto. Please inform us [within [x] calendar days of receipt of this letter] if any of the information provided herein is incorrect. International Bank for Reconstruction and Development, as Trustee of the Pandemic Prevention, Preparedness and Response Trust Fund Attachments As of [DATE] [CASH TRANSFER REQUEST REFERENCE NUMBER] Net Cumulative Cash received from the Trustee in the IE Trust Fund/Account Net Cumulative Disbursements from the IE Trust Fund/Account /a Net Cash Position Projected Cash Requirements for Next 6 Months Projected Net Cash Position Amount of Cash Transfer Request a/ This column represents the cumulative amount disbursed from [IE Name] less subsequent return of funds by project recipients to [IE name] (1) (2) (3) (4) (5) (6) (7) (8) (9) = (7) - (8) (10)
Sample 1
Cancellation of Commitment of Funds. In accordance with the terms of the Agreement, the Trustee hereby notifies you of commitment cancellations in the sum of [US$ ] for the [activities] listed in Attachment 2 attached hereto. Please inform us [within [x] calendar days of receipt of this letter] if any of the information provided herein is incorrect. International Bank for Reconstruction and Development, as Trustee of the [Pandemic Prevention, Preparedness and Response] Trust Fund Attachments [Name] [Title] Annex B Form of Cash Transfer Request [Date] [PANDEMIC PREVENTION, PREPAREDNESS AND RESPONSE] [IMPLEMENTING ENTITY NAME] XXXX TRANSFER REQUEST FOR PROJECTS AND CASH TRANSFER REQUEST FOR ADMINISTRATIVE FEES Annex C Report on Project Disbursements and Reflows [PANDEMIC PREVENTION, PREPAREDNESS AND RESPONSE] [IMPLEMENTING ENTITY NAME] ANNUAL REPORT ON IE PROJECT DISBURSEMENTS AND REFLOWS FOR THE PERIOD ENDED [DATE] (in [US Dollars]) Trustee ID [IE] ID Activity Title Beneficiary Country Financing Instruments GC Approval Date GC Approved Amount Disbursed by IE Reflows Received by IE Activity Execution/ Implementation Status (I) (2) (3) (4) (5) (6) (7) (8) (9) (10) Signed: _ _ _ _ _ __ Date Name: _ _ _ _ _ _ __ Title: _ _ _ _ _ _ __ Annex D Report on Principal Financing Terms [PANDEMIC PREVENTION, PREPAREDNESS AND RESPONSE] [IMPLEMENTING ENTITY] ANNUAL REPORT ON PRINCIPAL FINANCING TERMS OF PPR ACTIVITIES For the period ended [DATE] (in [US dollars]) Annex E Report on Cancellation of Projects and Fees [PANDEMIC PREVENTION, PREPAREDNESS AND RESPONSE] [IMPLEMENTING ENTITY] ANNUAL REPORT ON CANCELLATIONS OF PROJECTS AND RELATED ADMINISTRATIVE FEES For the period ended [DATE] (in [US dollars]) Trustee ID [IE) ID Activity Title Financing Instruments Funding Type (Project/Fee) Funding approved by the GC Approved by the IE Project Amount Cancellation Net Project Amount Cancellation Date
Sample 1

Related to Cancellation of Commitment of Funds

  • Repayment of Funds If AMO declares that an Event of Default has not been cured to its exclusive satisfaction, AMO reserves the right to declare that prior payments of Funds become a debt to Canada which the Recipient will reimburse forthwith on demand to AMO for transmission to Canada.

  • CANCELLATION OF AGREEMENT In the event that prior to the Closing Date (a) trading in securities on the New York Stock Exchange generally, or in securities of the Bank in particular, shall have been suspended, or minimum prices established by the New York Stock Exchange, or any new restrictions on transactions in securities shall have been established by the New York Stock Exchange or by the Commission or by any other United States Federal or State agency or by any action of the United States Congress or by executive order to such a degree as, in your judgment as the Representatives, to affect materially and adversely the marketing of the Securities or (b) existing financial, political or economic conditions in Europe, the United States or elsewhere shall have undergone any change which, in your judgment as the Representatives, would materially and adversely affect the market for the Securities, this Agreement and all obligations of the Underwriters hereunder may be canceled at, or at any time prior to, the Closing Date by you, as the Representatives, without liability on the part of any Underwriter to the Bank or of the Bank to any Underwriter, subject to Section 11(e). Notice of such cancellation shall be given to the Bank in writing, or by cable or telephone confirmed in writing.

  • Reallocation of Funds COUNTY reserves the right to reallocate the available program funds to other service areas based on CONTRACTOR performance or client demand.

  • Cancellation of the Agreement Resident may cancel this Agreement under the circumstances indicated below.

  • Application of Funds After the exercise of remedies provided for in Section 9.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 9.02), any amounts received on account of the Obligations shall be applied by the Administrative Agent in the following order: First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts (including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer and amounts payable under Article III), ratably among them in proportion to the respective amounts described in this clause Second payable to them; Third, to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees and interest on the Loans and L/C Borrowings and fees, premiums and scheduled periodic payments, and any interest accrued thereon, due under any Swap Contract between any Loan Party and any Lender, or any Affiliate of a Lender, to the extent such Swap Contract is permitted by Section 8.03(d), ratably among the Lenders (and, in the case of such Swap Contracts, Affiliates of Lenders) and the L/C Issuer in proportion to the respective amounts described in this clause Third held by them; Fourth, to (a) payment of that portion of the Obligations constituting unpaid principal of the Loans and L/C Borrowings, (b) payment of breakage, termination or other payments, and any interest accrued thereon, due under any Swap Contract between any Loan Party and any Lender, or any Affiliate of a Lender, to the extent such Swap Contract is permitted by Section 8.03(d), (c) payments of amounts due under any Treasury Management Agreement between any Loan Party and any Lender, or any Affiliate of a Lender and (d) Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit, ratably among the Lenders (and, in the case of such Swap Contracts, Affiliates of Lenders) and the L/C Issuer in proportion to the respective amounts described in this clause Fourth held by them; and Last, the balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required by Law. Subject to Section 2.03(c), amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit pursuant to clause Fourth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above.

  • Statement of Commitment The Institutions promote teaching, scholarship and research and the free and critical discussion of ideas. Unions and employers are committed to providing a working and learning environment that allows for full and free participation of all members of the institutional community. Harassment undermines these objectives and violates the fundamental rights, personal dignity and integrity of individuals or groups of individuals. Harassment is a serious offence that may be cause for disciplinary sanctions including, where appropriate, dismissal or expulsion. The Institutions have a responsibility under the BC's Human Rights Code to prevent harassment and to provide procedures to handle complaints, to resolve problems and to remedy situations where harassment occurs. The employer will offer educational and training programs designed to prevent harassment and to support the administration of the institutional policies and to ensure that all members of the institutional community are aware of their responsibility with respect to the policy. The Unions and Employers agree that attendance is required and will take place during compensated work time.

  • CANCELLATION OF CONTRACT The Division of Procurement Services reserves the right to cancel a contract with a thirty-day written notice OR cancel immediately if the contractor does not conform to terms and conditions and specifications of contract.

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