EQUIPMENT ACCOUNTABILITY Sample Clauses

EQUIPMENT ACCOUNTABILITY. Title to equipment purchased with funds provided under this Agreement shall vest in the Grantee’s name, unless otherwise specified by an attachment. Disposition of any equipment shall be in accordance with applicable property disposal procedures.
AutoNDA by SimpleDocs
EQUIPMENT ACCOUNTABILITY. Title to equipment purchased or improved with funds provided under this Agreement shall vest in the Grant Recipient’s name, unless otherwise specified by an attachment. Disposition of any equipment shall be in accordance with applicable property disposal procedures in 2 CFR 200.313.
EQUIPMENT ACCOUNTABILITY. Title to tangible property and equipment with a value of less than five thousand dollars ($5000.00) purchased under this AGREEMENT shall reside with DARTMOUTH, subject to the provisions of Article VII above and the “General Terms & Conditions.” DARTMOUTH shall be responsible for maintaining equipment and equipment records in accordance with Federal requirements.
EQUIPMENT ACCOUNTABILITY. All field equipment valued above $250 will be accounted for by the Field and Facilities Vice President (“VP”), by a line-item hand receipt. The Field and Facilities VP will conduct an inventory at the beginning of each year and may sub-receipt items to Board members on his or her staff. At the end of the year, the Field and Facilities VP will inventory all sub-hand receipts and re-sign for them. Upon change in positions, the outgoing Field and Facilities VP will inventory all field equipment with the new Field and Facilities VP. This is only an inventory procedure and does not place any financial liability on the outgoing, incoming, or current Fields and Facilities VP or anyone who has been asked to assist with this process. All other equipment valued over $250, including computers and office equipment will be inventoried by the Operations VP or other person designated by the President, by a line-item hand receipt. The Operations VP will inventory every year at the beginning of the year and may submit receipt items to other Board members with a need for that equipment. At the end of the year, the Operations VP will inventory all sub hand receipts and resign for them. Upon change in positions, the outgoing Operations VP will inventory with the new Operations VP.
EQUIPMENT ACCOUNTABILITY. Title to all property under this contract shall reside with Contractor. Compliance with inventory and accountability requirements, as specified by the DHHS, shall be the responsibility of Contractor.
EQUIPMENT ACCOUNTABILITY. Title to equipment purchased under this Agreement will reside with the Subgrantee.
EQUIPMENT ACCOUNTABILITY. Title to equipment purchased under this Agreement will reside with the Subgrantee. Inventory, accountability and disposition of equipment will be in accordance with the terms of the Prime Award.
AutoNDA by SimpleDocs
EQUIPMENT ACCOUNTABILITY. Title to equipment purchased with funds provided under this Agreement shall vest according to the AmeriCorps Grant Terms and Conditions. Disposition of any equipment shall be in accordance with applicable property disposal procedures.
EQUIPMENT ACCOUNTABILITY. Title to equipment purchased with funds provided under this Agreement shall vest in the contractor’s name. Disposition of any equipment shall be in accordance with applicable property disposal procedures. Real property and equipment acquired by the Contractor shall be subject to the rules set forth in 10 CFR 600.130-137, 10 CFR 600.320-324, or 10 CFR 600.231-233 as applicable.

Related to EQUIPMENT ACCOUNTABILITY

  • Accountability 5.3.1 Actuaries and external auditors will be appointed by the Trust. Audited financial statements, and an actuarial evaluation report will be obtained for the Trust on an annual basis. The actuarial report will include projections regarding the adequacy of contributions to cover projected benefit and related costs for the Trust for a period of not less than 3 years into the future.

  • Shared-Loss Asset Records and Reports The Assuming Institution shall establish and maintain such records as may be appropriate to account for the Single Family Shared-Loss Loans in such form and detail as the Receiver may reasonably require, and to enable the Assuming Institution to prepare and deliver to the Receiver such reports as the Receiver may from time to time request regarding the Single Family Shared-Loss Loans and the Monthly Certificates required by Section 2.1 of this Single Family Shared-Loss Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!