Financial Requirements Sample Clauses

Financial Requirements. A report of monthly and cumulative financial requirements; and

Financial Requirements. The financial requirements shall be followed as described in Part II of this agreement and Attachments B, which are part of this agreement.

Financial Requirements. The Borrower shall not:

Financial Requirements. (1) As security for the construction and installation of services and for the other obligations of the Owner under this Agreement, the Owner will deposit with the Town before the plan is released for registration, security for performance in an amount equal to one hundred percent of the Owner’s share of the estimated cost of such services as set out in Schedule “J” in the form of: (a) a cash deposit with the Town, or (b) an unconditional irrevocable Letter of Credit in a form acceptable to the Town Treasurer or Deputy Treasurer from a chartered bank also acceptable to the Town Treasurer or Deputy Treasurer, expressed to be pursuant to this Agreement and payable to the Town at any time or in part from time to time, upon the certificate of the Engineer that the Owner is in default under this Agreement. (2) With regard to the electrical distribution system and street lighting, the Owner shall deposit with the Town in cash or by unconditional irrevocable Letter of Credit, before the plan is released for registration, a sum equal to one hundred percent of the total estimated cost of these works as set out in Schedule “F” and shown in Schedule “J”, as security for the performance of these works.

Financial Requirements. 4.9.1 Availability of funding for this agreement shall be determined solely by the Department and such determination shall be final and without recourse by the provider. In the event funds are not appropriated or available for the agreement, the provider shall not prohibit or limit the Department's right to pursue alternate contracts/agreements, necessary, to conduct state governmental affairs. 4.9.2 Funding for the agreement must be appropriated by the Missouri General Assembly for each fiscal year included within the agreement period. Therefore, the agreement shall not be binding upon the Department for any period in which funds have not been appropriated, and the Department shall not be liable for any damages or costs, including attorney's fees, associated with termination caused by lack of appropriations. a. The Department reserves the right to terminate the agreement, without penalty or termination costs, if such funds are not appropriated or available. b. In the event funds are not appropriated or available for the agreement, the Department shall provide prompt notification to the provider. c. In the event funding for the agreement becomes unavailable or interrupted, the provider shall, upon written notification from the Department, suspend work activities and incur no further costs under the agreement, until such time as the Department notifies the provider, in writing, that funding has been restored and work activities may resume. d. In the event funds are not appropriated or available for the agreement, the provider shall not prohibit or limit the Department's right to pursue alternate contracts/agreements, as necessary, to conduct state governmental affairs. e. The provisions of the above paragraphs shall apply to any amendment or the execution of any option to extend the agreement. 4.9.3 The Department shall make payment due under the terms of the agreement upon receipt and approval of a properly itemized invoice, as set forth herein. a. The provider shall submit invoices in accordance with the requirements stated in the agreement and no later than the time period specified in section 33.120, RSMo, unless more restrictive requirements are established by state or federal law or regulation. b. The provider shall not invoice federal or state tax.

Financial Requirements. A. The Charter Holder shall comply with the same financial and electronic data submission requirements as a school district, including the Uniform System of Financial Records for Charter Schools (USFRCS) as prescribed in A.R.S. Title 15, chapter 2, article 4, procurement rules as prescribed in A.R.S. §15-213 and audit requirements as prescribed in A.R.S. §15-914 unless specifically excepted by the Arizona State Board for Charter Schools. If the Charter Holder has received an exception to the USFRCS and/or procurement rules, the Charter Holder shall, at a minimum, follow accounting policies and procedures that comply with Generally Accepted Accounting Principles (GAAP). This includes using an accounting system that provides for the proper recording and reporting of financial data and following standard internal control procedures. In addition, the Charter Holder shall contract for at least an annual financial statement audit that meets the following conditions:  It is conducted by an independent certified public accountant; and  It complies with policies adopted by the Arizona State Board for Charter Schools. B. The Charter Holder shall pay debts as they fall due or in the usual course of business. C. The Charter Holder shall not commit or engage in gross incompetence or systematic and egregious mismanagement of the school’s finances or financial records.

Financial Requirements. A. For satisfactory performance of all tasks required under the terms of this Agreement, the Agency shall disburse grant funds to the Grantee upon receipt of disbursement requests for approved, actual costs incurred a total amount not to exceed [amount of the sub grant]. The Agency shall disburse to the Grantee upon receipt of a grant disbursement request with a detailed statement of accounting of funds expended for activities undertaken to complete the Project. Grant disbursement requests shall include a report of matching non-federal funds and in-kind labor pursuant to Section B. Allowed expenses for grant disbursement include those expenses itemized in Attachment A. Unallowable expenses shall be paid by Grantee. C. Within 30 days after the date the Agency receives written notice from the Grantee that grant disbursement is requested for activities performed, the Agency shall issue a written certification of complete or partial approval or rejection of the activities. If the Agency finds that the activities completed are not approvable, it shall, within 30 days after the date of receipt of written notice from the Grantee that grant disbursement is requested, provide to the Grantee a letter of exception explaining the defect or objection to the activities along with details of how the Grantee may proceed to provide remedial action. Upon certification by the Agency that the activities have been approved, grant disbursement shall be tendered to the Grantee within 30 days after the date of certification. D. Final project invoice payments will be withheld until the project’s Notice of Completion and Final Report are received by NMED. E. All tasks performed for which grant funds are used and the receipt of any grant funds under this Agreement are conditioned upon the Grantee’s full compliance with this Agreement and all incorporated documents. X. Xxxxxxx’s actual costs shall not exceed any of the expenses itemized in the Project Budget without the prior written approval of NMED. G. The Grantee agrees to maintain financial and programmatic records pertaining to all matters relative to this Agreement in accordance with generally accepted accounting principles and procedures in a manner that assures proper and efficient administration of the grant and to retain all of its records and supporting documentation applicable to this Agreement for three years following the termination of this Agreement. All such records and supporting documents shall be made available, u...

Financial Requirements. Incentive Plan to a physician or physician group as an inducement to reduce or limit medically necessary services furnished to a beneficiary. (42 C.F.R. § 422.(c)(1).)

Financial Requirements. The Grantee is required to submit to HUD audited annual financial statements that comply with the requirements of OMB Circular A-133. The Grantee shall establish control measures with the Owner to meet the Grantee’s financial requirements. The Owner agrees to the Grantee’s control measures.

Financial Requirements. Set forth on Schedule 3.32 is a list and brief description of all bonds, deposits, financial assurance requirements, and insurance coverage required to be submitted to Governmental Entities for the continued ownership and operation of the business and assets of the Company.