FINANCIAL ISSUES. (a) The Company and the Subsidiary maintain and will continue to maintain a standard system of accounting established and administered in accordance with US GAAP with reconciliation to Israeli GAAP.
(b) Except as stated in the Financial Statements, neither the Company nor the Subsidiary has any liabilities, debts or obligations, whether accrued, absolute or contingent, incurred, since its incorporation, except in the ordinary and usual course of business. Since its incorporation, the Company has been operating in the ordinary and usual course of business.
FINANCIAL ISSUES. Indicate the global budget of the Eurostars project and the planning of expenses for each participant. * If the planning is not observed, how and to which extent the schedule and budget may be adjusted? * Indicate any national requirements (e.g. financial reports).
FINANCIAL ISSUES. （1 Party A has already fully, honestly and accurately disclosed relevant information of the company to Party B, and guarantee company assets and debts information relating to this agreement is true, completed and exhaustive without any misleading statements.
（2 Party A never did any misleading or untruthful statements to Party B about company’s assets situation, operation situation or operation future.
FINANCIAL ISSUES. 7.1 Students shall be responsible for covering their travel costs to the receiving institution and living costs throughout their stay, including accommodation (VMU shall render assistance to the incoming students in finding appropriate accommodation), food expenses, books, equipment, consumables, prerequisite health insurance, a student union fee (if applicable) and other expenses arising out of the exchange.
7.2 Tuition fees, travel costs to the receiving institution, health insurance, visa fees, accommodation in the hostel of the host Party and the payment of scholarships to students studying on the state educational order is carried out by the sending Party.
7.3 Payment for tuition, travel costs to the receiving institution, health insurance, visa fees, and accommodation in the hostel of the receiving Party for students enrolled on the basis of the paid provision of educational services, carried out by students on their own.
7.4 The tuition fee for one (1) semester at VMU is 1850 EUR.
7.5 Additional agreements regarding the tuition fees at VMU can be negotiated on a yearly basis, taking into consideration a number and/or academic achievements of the candidates and other aspects.
FINANCIAL ISSUES. 7.1. The students shall be responsible for covering their travel costs to the receiving Party and living costs throughout their stay, including accommodation (VMU shall render assistance to the incoming students in finding appropriate accommodation), books, equipment, consumables, health insurance, a student union fee (if applicable) and other expenses arising out of the exchange.
7.2. The students shall cover the tuition fees for 1 year of studies at the sending institution (TSAU) and tuition fees for 1 year of studies at the receiving institution (VMU). The tuition fee for 1 year of studies at VMU will be negotiated with each candidate individually (depends on financial, academic indicators and the chosen direction of study).
7.3. Additional agreements or amendments to this Agreement regarding the tuition fees at VMU can be negotiated on a yearly basis, taking into consideration a number and/or academic achievements of the candidates and other aspects.
FINANCIAL ISSUES. If the Charter School meets… • any portion of Goal 1 for all grade bands in 2022 & 2023 and for any grade band in 2020 & 2021, • fully meets Goal 2 in 2023 and any portion of Goal 2 in 2020-2022, and • fully meets Goals 3-5 in 2022 & 2023 and any portion of Goals 3-5 in 2020 & 2021, … the SBOE will favorably consider it for a 3-year charter renewal if the local Board of Education approves.
FINANCIAL ISSUES. (t) Books and records of any of the Target Companies are kept in accordance with all applicable law regulations in all material respects, including, inter alia, Polish accountancy law; in particular, the Seller represents that:
(i) Such books and records are duly kept, include correct and reliable data, and are maintained in compliance with the applicable provisions of the law and accounting principles in all material respects; and
(ii) The Target Companies’ financial statements are duly prepared, include correct and reliable data, and are maintained in compliance with the applicable provisions of the law and accounting principles in all material respects.
(u) Persons responsible for any of the Target Companies’ bookkeeping apply on a continuing basis the adopted accounting principles, the financial documents present in all material respects, the actual state of any of the Target Companies’ and their respective businesses as of their respective dates of preparation and accurately reflect the financial situation of any of the Target Companies on the date of their preparation. The books, records, ledgers and documents of any of the Target Companies are consistent with the financial documents and in all material respects, accurately reflect the general financial condition of any of the Target Companies as of the date of conclusion hereof. None of the Target Companies has incurred any material pecuniary liability or any liability of a different nature, which are not reflected in the financial documents or in the ledgers and documentation of any of the Target Companies.
(v) To the Seller’s Knowledge, none of the persons responsible for maintaining the books of any of the Target Companies has been ever sentenced for any penal-fiscal crime or misdemeanor.
FINANCIAL ISSUES. 7.1. A lump sum of seventy-five million dollars ($75,000,000) to be allocated as follows:
A. Two million dollars ($2,000,000) for re-training for individuals previously laid off due to contracting out;
B. Five million dollars ($5,000,000) for re-training of employees laid off due to contracting out in the future; and
C. Sixty-eight million dollars ($68,000,000) for payments to impacted individuals.
7.2. The parties agree that the total amount committed for the above purposes must not exceed seventy-five million dollars ($75,000,000).
7.3. A joint governance Committee will be established between HEABC and the Facilities Bargaining Association to set priorities for how to allocate payments to impacted individuals. The joint governance Committee will be established within thirty (30) days of the effective date of a Settlement Agreement and will be terminated on December 31, 2008.
7.4. The parties agree on the following process for the identification and categorization of impacted individuals entitled to a payment from the sixty-eight million dollar ($68,000,000) lump-sum amount:
A. Step One:
i. The Facilities Bargaining Association will engage in the following preliminary process:
a) the identification of impacted individuals;
b) the criteria and categories of impact; and
c) the value assigned to each category of impact. By no later than March 31, 2008, the number of categories and the relative value of such categories will be established. Subsequently, the determination can be made as to the expenditure of the sixty- eight million dollar ($68,000,000) lump sum by calculating the number of impacted individuals in each category times the relative value of all categories divided into the sixty-eight million dollar ($68,000,000) lump sum.
B. Step Two:
i. The joint governance Committee with a neutral Chair will be established comprised of three (3) representatives appointed by the Facilities Bargaining Association and three (3) representatives appointed by HEABC. The parties agree that, in order, Xxxxx Ready or Xxxxx Xxxxxx or Xxxxx Xxxxxxxx will be appointed as the neutral Chair of the joint governance Committee, subject to his/her availability consistent with the needs of the parties.
ii. The Committee will determine its own process.
iii. The Committee will review and confirm:
a) the identification of impacted individuals;
b) the categories of impact and criteria for inclusion in that category;
c) the application of the criteria to impacted individuals and/or t...
FINANCIAL ISSUES. IV.1 Source(s) of funding and payments to the candidate
FINANCIAL ISSUES. Indicate the global budget of the Bi-lateral project and the planning of expenses for each participant. - If the planning is not observed, how and to which extent the schedule and budget may be adjusted? - Indicate any National requirements (e.g. financial reports).
