Financial. Contractor shall provide all financial information requested on Contractor’s Annual Budget attached hereto and incorporated herein by reference as Appendix E and the Contractor’s Semi-Annual Budget Expenditures Report provided by the Board and attached hereto and incorporated herein by reference as Appendix F.
Financial. 5.1 Community Council funds shall be used only for the benefit of the Métis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to:
a) the purpose of assisting Métis citizens of the MNO;
b) salaries, offices or administration;
c) obligations arising from agreements entered into for the benefit of the Métis citizens represented by the MNO;
d) other activities that fall within the purposes of the MNO as stated in the Statement of Purpose (Appendix A).
5.2 The Community Council and any of its committees, subsidiaries, institutions or other entities shall;
a) have a fiscal end of March 31st;
b) keep its financial records in accordance with generally accepted accounting procedures;
c) cause an annual financial statement of its books and records and funds to be created within 90 days of the end of the fiscal year;
d) within 30 days of its completion, submit the financial statement to the Secretariat;
e) within 30 days of its completion, provide on request, the financial statement to its citizens.
5.3 In the event that a copy of the annual financial statement is not submitted, pursuant to paragraph 5.2(d), the Secretariat may cause an audit to be made, at the expense of the Community Council.
Financial services panelists shall: (a) have expertise or experience in financial services law or practice, which may include the regulation of financial institutions; (b) be chosen strictly on the basis of objectivity, reliability, and sound judgment; (c) be independent of, and not be affiliated with or take instructions from, a disputing Party; and (d) comply with the code of conduct to be established by the Joint Commission. 4. Notwithstanding Article 23.17 (Non-Implementation and Compensation), where a panel finds a measure to be inconsistent with this Agreement and the measure under dispute affects: (a) only the financial services sector, the complaining Party may suspend benefits only in the financial services sector; (b) the financial services sector and any other sector, the complaining Party may suspend benefits in the financial services sector that have an effect equivalent to the effect of the measure in the Party's financial services sector; or (c) only a sector other than the financial services sector, the complaining Party shall not suspend benefits in the financial services sector.
Financial. CONSULTANTS shall be paid for services as set forth in Exhibit A. The fees to be paid shall be paid with shares of registered S-8 shares of Common Stock of Maximum Dynamics, Inc. and shall be priced at a twenty percent (20%) discount to today's bid of $0.185 per share. The number of shares and issued to each CONSULTANT as payment for services is set forth in Exhibit A.
Financial. Factors associated with the Subrecipient’s financial stability and ability to comply with financial requirements of the Federal Award.
Financial. (a) The Company has delivered to Buyer as attachments to Schedule 3.6 of the Company Disclosure Letter (i) an unaudited, estimated consolidated balance sheet for the Business dated as of the Closing Date (the “Balance Sheet Date” and such unaudited, estimated consolidated balance sheet, the “Company Balance Sheet”), (ii) an unaudited consolidated income statement and statement of cash flows for the three months ended Xxxxx 00, 0000, (xxx) audited consolidated balance sheets of the Company dated December 31, 2005, and (iv) audited consolidated income statements and statements of cash flows for the years ended December 31, 2005 (all such financial statements of the Company and any notes thereto are hereinafter collectively referred to as the “Company Financial Statements”). The Company Financial Statements: (i) are correct and complete in all material respects; (ii) are derived from and are in accordance with the books and records of the Company in all material respects; (iii) fairly and accurately represent in all material respects the financial condition of the Business or the Company, as the case may be, at the respective dates specified therein and the results of operations for the respective periods specified therein in conformity with GAAP; and (iv) have been prepared in accordance with GAAP (as applied by the Company consistent with past practices provided always that such application was not contrary to GAAP), except for any absence of notes thereto and normal year-end adjustments. There has been no material change in the Company’s accounting policies other than as specifically described in the notes to the Company Financial Statements. The Company has no Liabilities other than Liabilities set forth on the Closing Balance Sheet (provided that such Liability was required by GAAP to be set forth thereon).
(b) The Company and each of its Subsidiaries is not directly or indirectly obliged in any way to guarantee, assume or provide funds to satisfy an obligation of any Person. No letter of comfort has been given by the Company or any of its Subsidiaries.
Financial. (1) An employee taking a sabbatical leave shall post a fidelity bond equal to the sum of the sabbatical stipend. At the time the employee returns to the District and the employer has signed a contract for the next school year he/she shall post a bond for one-half (½) of the sabbatical stipend. No bond will be required at the beginning of his/her second year of re-employment with the District.
(2) In the event an employee on sabbatical leave fails to return to service in the District at the end of the leave the stipend received shall be repaid to the District immediately either in full through the bond, personal check or cash.
(3) The potential stipend repayment obligation shall be canceled upon the immediate return of the employee to the District in the following manner:
(a) One-half (½) of the potential stipend repayment obligation shall be canceled after the first year's service to the District.
(b) The remaining one-half (½) of the potential stipend repayment obligation shall be canceled after the second year of service.
(4) Should an employee be unable to return to the District, due to a physical or mental disability any repayment obligation will be suspended until the employee is again fit and able to return to his/her assignment in the District.
Financial. (a) Calculate unit values on business days of the separate account.
(b) Place trades with corresponding Trust funds and settle such trades as defined in the Participation Agreement.
(c) Prepare Separate Account semiannual and annual reports .
Financial i. experience of having successfully executed:
a) three similar works, each costing not less than the amount equal to 20% of the probable amount of contract during the last 5 financial years; or
b) two similar works each costing not less than the amount equal to 30% of the probable amount of contract during the last 5 financial years; or
c) one similar work of aggregate cost not less than the amount equal to 50% of the probable amount of contract during the last 5 financial years;
ii. Average annual construction turnover on the construction works not less than 50% of the probable amount of contract during the last 5 financial years.
iii. Executed similar items of work in any one financial year during the last 5 financial years, which should not be less than the minimum, physical requirement, if any, fixed for the work.
iv. Bid Capacity – Bidder shall be allotted work up to his available bid capacity which shall be worked out as given in format I-2 of Annexure-I
