Enterprise Fund Sample Clauses

Enterprise Fund. All rentals received prior to the date of this MOU have been deposited in a depository account. Rental funds currently held as well as any and all other monies received after the date of this MOU for the use or operation of the Property shall be used to pay for maintenance, liability insurance and other costs incurred in the operation, and in connection with the ownership, of the Property. Such funds shall be deposited into an enterprise account administered by the Board. No such funds will be distributed to the parties except as reimbursement for operating or maintenance expenses. The Board shall prepare a financial report regarding this account at least annually and shall timely provide a copy of the same to the Town.
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Enterprise Fund. The Authority shall maintain its books and records and its funds on an enterprise fund basis. The Authority shall not pay any net proceeds or profits to its local government, other than for services received by the Authority. ARTICLE IX
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Enterprise Fund. District’s Food Service Program operates and must continue to operate as a self- sufficient enterprise fund (“Nutrition Services Enterprise Fund”). All allowable direct and indirect costs, including all fees associated with consulting and management of the Food Service Program, will be charged to the Nutrition Services Enterprise Fund. The Nutrition Services Enterprise Fund will be reported in District’s Comprehensive Annual Financial Report (CAFR) on a full accrual basis of accounting for the Current Year of the Agreement.
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Enterprise Fund. 1.94 A major factor which has been identified is the need for smaller businesses to have access to cheaper working capital. In recognition of this crucial need, the Government are arranging for the provision of an Enterprise Fund of 2100 million, over a ten-year period, which will be made available to small and medium sized businesses on terms and conditions that have never previously existed in this country.
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Enterprise Fund. The Parties acknowledge that the obligations and liabilities of Buyer under this Agreement shall be payable solely from Buyer’s electric revenue fund.
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Enterprise Fund. It is the intention of the Parties that, except as specifically provided otherwise herein, the Project shall be financially operated as an enterprise fund with costs borne by City, and with neither profits nor losses accruing to District as a result of the Project. All terms of this Agreement shall be construed in accordance with the intent of this Section 2.10.
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Enterprise Fund. The Town shall establish a separate Property Enterprise Fund Account where all payments and revenues of this Agreement shall be administered.
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Enterprise Fund. The Xxxxxx Field Airport facility will operate as an enterprise fund. All revenue generated by the lands and operations of the facility will remain with the facility.
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Enterprise Fund. An accounting device and financing process whereby all Airport revenues and expenses are considered as one fund and not commingled with other County revenues and expenses. The Airport has adopted the Enterprise Fund concept in part to come into compliance with FAA Grant requirements that the Airport charge sufficient revenues to be self-sustaining and that all Airport revenues be used for Airport-related purposes.
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Related to Enterprise Fund

  • HEALTH FUND 1. The Employer shall make contributions to a health trust fund, known as the “Building Service 32BJ Health Fund,” to cover employees covered by this Agreement who work more than two (2) days per week, with such health benefits as may be determined by the Trustees of the Fund. The Employer may, unless rejected by the Trustees, upon execution of a participation agreement in the form acceptable to the Trustees, cover such other of its employees as it may elect, provided such coverage is in compliance with law and the Trust Agreement. Employees who are on workers’ compensation or who are receiving statutory short term disability benefits, Building Service 32BJ long term disability benefits, or a Building Service 32BJ disability pension, shall be covered by the Health Fund without employer contributions until they may be covered by Medicare or thirty (30) months from the date of disability, whichever is earlier. In no event shall any employee who was previously covered for health benefits lose such coverage as a result of a change or elimination of the Health Fund provision extending coverage for disability. In the event the provision extending coverage for disability is discontinued for any reason, the Employer shall be obligated to make contributions for the duration of the period that would have otherwise been available.

  • FEMA Fund Certifications Submission of this proposal is Vendor’s certification that Vendor agrees to this term. Vendor certifies that IF and when Vendor accepts a TIPS purchase paid for in full or part with FEMA funds, Vendor certifies that: (1) Vendor agrees to provide the TIPS Member, the FEMA Administrator, the Comptroller General of the United States, or any of their authorized representatives access to and rights to reproduce any books, documents, papers, and records of the Contractor which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts, and transcriptions. The Vendor agrees to provide the FEMA Administrator or an authorized representatives access to construction or other work sites pertaining to the work being completed under the contract. Vendor acknowledges and agrees that no language in this contract or the contract with the TIPS Member is intended to prohibit audits or internal reviews by the FEMA Administrator or the Comptroller General of the United States. (2) The Vendor shall not use the Department of Homeland Security’s seal(s), logos, crests, or reproductions of flags or likenesses of DHS agency officials without specific FEMA pre-approval. (3) The Vendor will comply with all applicable Federal law, regulations, executive orders, FEMA policies, procedures, and directives. (4) The Federal Government is not a party to this contract and is not subject to any obligations or liabilities to the non-Federal entity, contractor, or any other party pertaining to any matter resulting from the contract. (5) The Vendor acknowledges that 31 U.S.C. Chap. 38 (Administrative Remedies for False Claims and Statements) applies to the Vendor’s actions pertaining to this contract.

  • Partnership The Partnership shall be given days’ notice to purchase the ownership interest under the same terms agreed upon by the potential buyer.

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