Compensation for Services and Fiscal Requirements Sample Clauses

Compensation for Services and Fiscal Requirements. In consideration for Contractor’s performance, MHP shall pay compensation to Contractor according to the terms specified in Exhibit B, which is incorporated herein. The Contract maximum shall be $_______________.
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Compensation for Services and Fiscal Requirements. In consideration for Contractor’s performance, MHP shall pay compensation to Contractor according to the terms specified in Exhibit B, which is incorporated herein. The Contract maximum shall be Four Million, One Hundred Twenty-Five Thousand Dollars and No Cents ($4,125,000.00), not to exceed One Million, One Hundred Twenty-Five Thousand Dollars and No Cents ($1,125,000.00) for fiscal year (FY) 2023- 2024, One Million, Five-Hundred Thousand Dollars and No Cents ($1,500,000.00) for FY 2024-2025, and One Million, Five-Hundred Thousand Dollars and No Cents ($1,500,000.00) for FY 2025-2026.

Related to Compensation for Services and Fiscal Requirements

  • Accounting System Requirement The Contractor shall maintain an adequate system of accounting and internal controls that meets Generally Accepted Accounting Principles or “GAAP.”

  • Performance of Services in Accordance with Regulatory Requirements; Furnishing of Books and Records In performing the services set forth in this Agreement, the Manager: A. shall conform with the 1940 Act and all rules and regulations thereunder, with all other applicable federal, state and foreign laws and regulations, with any applicable procedures adopted by the Trust’s Board of Trustees, and with the provisions of the Trust’s Registration Statement filed on Form N-1A as supplemented or amended from time to time; B. will make available to the Trust, promptly upon request, any of the Fund’s books and records as are maintained under this Agreement, and will furnish to regulatory authorities having the requisite authority any such books and records and any information or reports in connection with the Manager’s services under this Agreement that may be requested in order to ascertain whether the operations of the Trust are being conducted in a manner consistent with applicable laws and regulations.

  • Contractor Responsibility for System Agency’s Termination Costs If the System Agency terminates the Contract for cause, the Contractor shall be responsible to the System Agency for all costs incurred by the System Agency and the State of Texas to replace the Contractor. These costs include, but are not limited to, the costs of procuring a substitute vendor and the cost of any claim or litigation attributable to Contractor’s failure to perform any Work in accordance with the terms of the Contract.

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