Capital and Operational Costs Sample Clauses

Capital and Operational Costs. It is understood that the ongoing operational and capital costs of the NARDC shall in general be divided between the Principals and Subscribers by the Board on the basis of a workload or call based metric for each Participant after considering the equities and hardships a strict application of the metric might produce. A user fee rate shall be established annually by the Board of Directors for each Principal and Subscriber. The workload and call based metric shall be established by the NARDC Board after evaluating the number of dispatchable calls for service (DCFS) for each Participant and after receiving input from NARDC’s Principals and Subscribers. The DCFS shall be evaluated by the Board on an annual basis in conjunction with the preparation of the NARDC’s annual fiscal budget and funds. It is contemplated that Navajo County and the City of Show Low will be providing certain dispatching equipment for use in the consolidated dispatch center. Capitalization costs for the NARDC above and beyond said contribution shall be divided between the Participants in the same manner as set forth above. Participants that will be contributing equipment presently used in their own dispatch centers to the NARDC shall, by resolution of their governing boards or town councils, clearly identify the equipment contributed to the NARDC. Property owned by any of the principals which is used by NARDC and not specifically donated to NARDC by resolution shall be presumed to be loaned to NARDC. Property donated to the NARDC becomes the property of the NARDC. The Parties hereto agree that in the event the Board determines at a future time that dividing operational and capitalization costs utilizing the DCFS mechanism is or has become inequitable, the Board may establish such other methodology for dividing costs as may be deemed just and equitable by a majority of the Board.
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Related to Capital and Operational Costs

  • Contractual and Operational Compliance Audits (a) ICANN may from time to time (not to exceed twice per calendar year) conduct, or engage a third party to conduct, contractual compliance audits to assess compliance by Registry Operator with its representations and warranties contained in Article 1 of this Agreement and its covenants contained in Article 2 of this Agreement. Such audits shall be tailored to achieve the purpose of assessing compliance, and ICANN will (a) give reasonable advance notice of any such audit, which notice shall specify in reasonable detail the categories of documents, data and other information requested by ICANN, and (b) use commercially reasonable efforts to conduct such audit during regular business hours and in such a manner as to not unreasonably disrupt the operations of Registry Operator. As part of such audit and upon request by ICANN, Registry Operator shall timely provide all responsive documents, data and any other information reasonably necessary to demonstrate Registry Operator’s compliance with this Agreement. Upon no less than ten (10) calendar days notice (unless otherwise agreed to by Registry Operator), ICANN may, as part of any contractual compliance audit, conduct site visits during regular business hours to assess compliance by Registry Operator with its representations and warranties contained in Article 1 of this Agreement and its covenants contained in Article 2 of this Agreement. ICANN will treat any information obtained in connection with such audits that is appropriately marked as confidential (as required by Section 7.15) as Confidential Information of Registry Operator in accordance with Section 7.15.

  • Maintenance and Operation Member-Generator agrees to maintain their system and facilities in accordance with applicable manufacturer's recommended maintenance schedule and standard prudent engineering practices. Member-Generator covenants and agrees to operate their system, facilities and equipment so as to minimize the likelihood for a malfunction or other disturbance, damaging or otherwise affecting or impairing Cooperative’s electrical system. Member-Generator shall comply with all applicable laws, regulations, zoning, building codes, safety rules and other environmental regulations or restrictions applicable to the design, installation, operation and maintenance of the Member-Generator's System.

  • Projected Operating Budget Furnish Agent, no later than thirty (30) days after the beginning of each fiscal year of Borrower commencing with fiscal year 2021, a month by month projected operating budget and cash flow of Borrower on a consolidated and consolidating basis for such fiscal year (including an income statement for each month and a balance sheet as at the end of the last month in each fiscal quarter), such projections to be accompanied by a certificate signed by the President or Chief Financial Officer of Borrower, in his personal capacity, to the effect that such projections have been prepared on the basis of sound financial planning practice consistent with past budgets and financial statements and that such officer has no reason to question the reasonableness of any material assumptions on which such projections were prepared.

  • Management and Operation 6.01 Management of Partnership Affairs 16 6.02 Duties and Obligations of General Partner 17 6.03 Release and Indemnification 17 6.04 Power of Attorney 18

  • Use and Operation 3.1 Permitted Use ......................................................................................................

  • Management and Operations Promotes the learning and growth of all students and the success of all staff by ensuring a safe, efficient, and effective learning environment, using resources to implement appropriate curriculum, staffing, and scheduling

  • Rent and Operating Expenses Section 4.1 Basic Rent Section 4.2 Operating Expenses Section 4.3

  • Management and Operation of Business Section 7.1 Management 47 Section 7.2 Certificate of Limited Partnership 48 Section 7.3 Restrictions on Managing General Partner’s Authority 49 Section 7.4 Reimbursement of the Managing General Partner 49 Section 7.5 Outside Activities 50 Section 7.6 Loans from the Managing General Partner; Loans or Contributions from the Partnership; Contracts with Affiliates; Certain Restrictions on the Managing General Partner 51 Section 7.7 Indemnification 53 Section 7.8 Liability of Indemnitees 54 Section 7.9 Resolution of Conflicts of Interest 55 Section 7.10 Other Matters Concerning the Managing General Partner 57 Section 7.11 Purchase or Sale of Partnership Securities 57 Section 7.12 Registration Rights of the Managing General Partner and its Affiliates 57 Section 7.13 Reliance by Third Parties 59

  • Business and Operations Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

  • Facility Operations V. FACILITY OPERATION MON TUES WED THURS FRI SAT SUN A. Hours facility is open to public and employees 6A- 5:30P 6A -5:30P 6A -5:30P 6A -5:30P 6A -5:30P Closed Closed B. Hours facility is open to public and employees

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