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DUTIES OF THE FOUNDATION Sample Clauses

DUTIES OF THE FOUNDATION. 2.1. Prior to their participation in the Camp Program at the Village’s Facilities, the Foundation shall require all Camp Program participants to execute a “Waiver and Release” on the form attached hereto as Exhibit A. 2.2. Camp Program participants shall be subject to the policies, regulations, direction and authority of the Foundation and the Foundation’s employees while participating in the Camp Program. The Village assumes no responsibility for the safety or instruction of the participants or camp counselors while on Village property. Camp counselors shall meet with the Village’s Public Works Director prior to the first day of camp to receive any rules, standards, practices or policies related to the use of the facilities. Camp counselors shall be required to incorporate those rules, standards, practices and policies in their management and instruction of the Camp Program.
DUTIES OF THE FOUNDATION. 3.1.1 Use of surplus CER1 and CHU1 The quantity of CER1 and ERU1 that exceeds the quantity defined in existing agreements for the period 2008 to 2012 (15 million) will be transferred to the state’s account in the Swiss Emissions Trading Registry on 15 April 2014. Surplus CHU1 will likewise be transferred to the state’s account in the Swiss Emissions Trading Registry by 15 April 2014, provided no sales agreement has been concluded with the KliK Foundation. The sales price for surplus CHU1 is determined on the basis of the purchase price and a supplement. It follows the arm's length principle and is made available to the public. Proceeds from the sale of CHU1 to the KliK Foundation will be used according to clause 3.1.2. . 3.1.2 Use of the Foundation’s other financial assets The Foundation will use its funds exclusively for activities aimed at reducing emissions abroad. It will primarily support projects that, next to a transfer of know-how, are expected to yield as many CO2 emission reduction certificates (CER2) as possible. The CER2, which must meet the quality requirements of the Swiss CO2 Ordinance (SR 641.711), will be handed over to the Swiss Confederation with a view to fulfilling its obligations under international law. It is also possible to hand over CER1 should this be necessary to meet the emission target of the Kyoto Protocol’s first commitment period. In order to generate CER2, the Foundation plans to invest more specifically in the development of its own pilot projects and programmes in accordance with the Swiss negotiation stance under the UNFCCC regime as well as in international initiatives that are complementary to the UNFCCC approach. Decisions regarding the funding of international initiatives and the development and supervision of the Foundation’s own pilot projects and programmes are made in consultative collaboration with the Interdepartmental Climate Committee (XXX Xxxxx), Section 6 “Emission Trading and Flexible Mechanisms”. Section 6 is placed under the leading supervision of the DETEC (represented by the Federal Office for the Environment (FOEN)). The FDFA (Federal Department of Foreign Affairs) and EAER (Federal Department of Economic Affairs, Education and Research) are permanent members of this Section. The Foundation submits an annual report to the Swiss Confederation on the use of its financial means in accordance with its purpose. The first report is due on 30 June 2014.
DUTIES OF THE FOUNDATION. A. The Foundation will continue to promote, advance, encourage, assist and support the financial growth and educational purposes of the District in ways that are beneficial to the District’s students, faculty, staff, administration, alumni, greater community, and other such persons or entities that support the District. B. The Foundation shall provide regular forecasts (at least quarterly) of planned usage and expenses to enable efficient planning and corrective action, if required. C. The Foundation is responsible for maintaining strong internal controls for donation collections at the payment receipt location level and safeguarding against loss. D. The Foundation agrees to abide by the District’s established policies and procedures related to purchasing and procurement. E. The Foundation shall make payment within 45 days after receipt of the District’s invoice. F. The Foundation shall, at its expense, obtain and keep in force at all times a policy of commercial general liability insurance insuring against claims and liabilities arising out of the Foundation’s operations. The procuring of such required policy or policies of insurance shall not be construed to limit the Foundation’s liability hereunder or to fulfill the indemnification provisions of this Agreement. G. The Foundation shall indemnify, defend and hold harmless the District, and its employees and board members from and against all claims, demands, actions, suits, damages, liabilities, losses, settlements, judgements, costs and expenses caused by an act or omission of the Foundation, or its patrons, guests, invitees, contractors, subcontractors, licensees, employees, and/or agents or arising out of any breach or default by it in the performance of its obligations hereunder; provided however, that the foregoing shall not apply where the injury or damage in question results solely from the negligence or willful misconduct of the District, or of its employees, and/or agents. H. The Foundation shall be solely responsible for the administration and operation of its activities and for verifying the qualifications, credential, certificates and licenses of its agents and/or consultants providing services at the District. I. The Foundation shall not permit anything to be done in or about the District that will increase the existing rate of insurance on District facilities or cause the cancellation of any insurance policy covering said District facilities.
DUTIES OF THE FOUNDATION. 2.1 Reduction of CO2 emissions 2008-2012 2.1.1 Total reduction The Foundation commits to reducing overall CO2 emissions by a minimum of 1.8 million tons on average over the years 2008-2012.
DUTIES OF THE FOUNDATIONWith a view to the confirmation of effected domestic emission reductions, the Foundation compiles a final report, which describes its activities over the period 2008 to 2012 and provides detailed information onclimate protection projects carried out in Switzerland;  emission reductions achieved per year and per project;  the purchase of Swiss emission allowances (CHU1) per year and per company;  the purchase of Swiss emission allowances (CHU1) or emission reduction certificates (CER1 and ERU1) by firms before 31 December 2012;  the purchase of emission reduction certificates (CER1 and ERU1).  the extent of the Foundation’s assets after fulfilment of all its obligations under the three agreements. The Foundation may declare its annual reports for the years 2008 to 2012 as integral parts of its final report. The final report will be submitted on 15 October 2013 to the Climate Cent Coordination Group (Coordination Group) of the Swiss Federal Office of Energy (SFOE) and the Federal Office for the Environment (FOEN) and presented at a meeting of the Coordination Group.