Clearing House. 7.1 The Clearing House is a tax-free financial reserve that provides for the financial stability of the RIPE NCC. 7.2 The General Meeting will each year decide on whether the RIPE NCC’s financial result will be added or deducted to or from the Clearing House reserve or will be redistributed among the Members. The General Meeting may also decide to redistribute a one-off amount from the Clearing House to the Members.
Appears in 5 contracts
Samples: Standard Service Agreement, Standard Service Agreement, Standard Service Agreement
