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Financial Recovery Plan Sample Clauses

Financial Recovery Plan. An Energy Tariff application was successfully submitted by XXXXXXX to the regulator to allow for revenue collection to meet full operational cost recovery in 2011, and full cost recovery by 2013.
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Financial Recovery Plan. There are several aspects of the financial recovery plan in progress. A summary of key accomplishments are as follows: • The business office has made progress in finalizing the June 30, 2019 audit, submitting the 0000 XXX timely, scheduling the June 30, 2020 audit, and preparing more timely financial information for review. • The RFP process regarding the outsourcing/management/charterizing of the schools is complete, subject to the Receiver releasing his recommendations to the Court. • The School District is completing the refinancing of its 2011 revenue bonds which is expected to provide proceeds of $2.5M that will be applied to the September 2021 bond payment. In addition, the School District is considering a further restructuring of the bond debt to provide an additional $3.3M cash flow benefit over the next five years. • The School District is reviewing proposals for the outsourcing of its Information Technology department. • The Finance section of the Plan will need to be updated at the appropriate time. • The District is currently in negotiations with its 5 key unions with contracts scheduled to expire on June 30, 2021. Due to the substantial increase in healthcare costs, the District and Union representatives have been engaging in a joint management-staff task force to choose the appropriate healthcare plan consistent with the Recovery plan and negotiated contracts.
Financial Recovery PlanThe School shall file a detailed financial recovery plan with the Sponsor if the school is in a state of financial emergency.
Financial Recovery Plan. Additional Audits or Reviews

Related to Financial Recovery Plan

  • Disaster Recovery Plan Contractor agrees that upon request of System Agency, Contractor shall provide copies of its most recent business continuity and disaster recovery plans.

  • Operating Plan To Agent and Lenders, as soon as available, but not later than thirty (30) days after the end of each Fiscal Year, an annual combined operating plan (the "Operating Plan") for Parent and its Subsidiaries, approved by the Board of Directors of Parent, for the following Fiscal Year, which (i) includes a statement of all of the material assumptions on which such plan is based, (ii) includes projected monthly income statement, balance sheets and source and use of funds for the following year and (iii) Borrowing Availability projections, all prepared on the same basis and in similar detail as that on which operating results are reported (and in the case of cash flow projections, representing management's good faith estimates of future financial performance based on historical performance), and including plans for personnel, Capital Expenditures and facilities.

  • Emergency Mode Operation Plan Contractor must establish a documented plan to enable continuation of critical business processes and protection of the security of electronic County PHI or PI in the event of an emergency. Emergency means any circumstance or situation that causes normal computer operations to become unavailable for use in performing the work required under this Agreement for more than twenty-four (24) hours.

  • Staffing Plan The Board and the Association agree that optimum class size is an important aspect of the effective educational program. The Polk County School Staffing Plan shall be constructed each year according to the procedures set forth in Board Policy and, upon adoption, shall become Board Policy.

  • Financial Records 26.1.1 CONTRACTOR shall prepare and maintain accurate and complete financial records. Financial records shall be retained by CONTRACTOR for a minimum of five (5) years from the date of final payment under this Contract, or until all pending COUNTY, State, and federal audits are completed, whichever is later. 26.1.2 CONTRACTOR shall establish and maintain reasonable accounting, internal control, and financial reporting standards in conformity with generally accepted accounting principles established by the American Institute of Certified Public Accountants and to the satisfaction of ADMINISTRATOR.

  • Disaster Recovery and Business Continuity The Parties shall comply with the provisions of Schedule 5 (Disaster Recovery and Business Continuity).

  • Multiple Measures of Student Learning Measures must include a combination of classroom, school and district assessments, student growth percentiles on state assessments, if state assessments are available, and student MEPA gain scores. This definition may be revised as required by regulations or agreement of the parties upon issuance of ESE guidance expected by July 2012.

  • Management Plan The Management Plan is the description and definition of the phasing, sequencing and timing of the major Individual Project activities for design, construction procurement, construction and occupancy as described in the IPPA.

  • Turnover Plan System Agency, in its sole discretion, may require Grantee to develop and submit a Turnover Plan at any time during the term of the Grant Agreement. Grantee must submit the Turnover Plan to System Agency for review and approval. The Turnover Plan must describe Xxxxxxx’s policies and procedures that will ensure: i. The least disruption in the implementation and performance of grant-funded activities during Turnover; and ii. Full cooperation with System Agency or its designee in transferring the performance and obligations of the Grant Agreement.

  • Disaster Recovery PFPC shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC shall, at no additional expense to the Fund, take reasonable steps to minimize service interruptions. PFPC shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided such loss or interruption is not caused by PFPC's own willful misfeasance, bad faith, gross negligence or reckless disregard of its duties or obligations under this Agreement.

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