Formation of a Non-Profit Operator Sample Clauses

Formation of a Non-Profit Operator. On or around the Target Completion Date for the Non-Profit Operator Formation set forth in Exhibit 1, and consistent with the RFP Response, Lemelson-MIT shall establish an independent self-sustaining non- profit entity pursuant to § 501(c)(3) of the Internal Revenue Code to serve as the non-profit operator of the Foundry Project (the “Non-Profit Operator”). The Non-Profit Operator shall have a board of directors and a set of by-laws. The Parties acknowledge and agree that the Non-Profit Operator shall constitute the “Foundry Consortium” identified in the RFP Proposal. The board of directors and executive leadership of the Non-Profit Operator, and any advisory committee formed to advise the Non-profit Operator, should include representatives of the diverse community that the Project is envisioned to serve and attract, be dedicated to the goals expressed in the RFP and RFP Response, and possess experience sufficient to make the Project successful over the long term. The Parties understand and anticipate that, once the Non-Profit Operator is established, the CRA will enter into an appropriate agreement (including, but not limited to, the Sublease, as defined below) to finalize the Non-Profit Operator’s responsibilities in the pre-operational and operational phases of the building. This Memorandum may serve as the basis of the Non-Profit Operator’s pre-operational phase responsibilities.
Sample 1
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Related to Formation of a Non-Profit Operator

  • Coverage for Members Who Are Hospitalized on Their Effective Date If you are in the hospital on your effective date of coverage, healthcare services related to such hospitalization are covered as long as: (a) you notify us of your hospitalization within forty-eight (48) hours of the effective date, or as soon as is reasonably possible; and (b) covered healthcare services are received in accordance with the terms, conditions, exclusions and limitations of this agreement. As always, benefits paid in such situations are subject to the Coordination of Benefits provisions.

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK Firms and/or individuals that assisted in the development or drafting of the specifications, requirements, statements of work, or solicitation documents contained herein are excluded from competing for this solicitation. This shall not be applicable to firms and/or individuals providing responses to a publicly posted Request for Information (RFI) associated with a solicitation.

  • Deviation from Grievance Procedure The Employer agrees that, after a grievance has been discussed at Step 2 of the grievance procedure the Employer or his representatives shall not initiate any discussion or negotiations with respect to the grievance, either directly or indirectly with the aggrieved employee without the consent of the xxxxxxx or the Union.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract.

  • Certification Regarding Termination of Contract for Non-Compliance (Tex Gov. Code 552.374)

  • CONDITIONS FOR EMERGENCY/HURRICANE OR DISASTER - TERM CONTRACTS It is hereby made a part of this Invitation for Bids that before, during and after a public emergency, disaster, hurricane, flood, or other acts of God that Orange County shall require a “first priority” basis for goods and services. It is vital and imperative that the majority of citizens are protected from any emergency situation which threatens public health and safety, as determined by the County. Contractor agrees to rent/sell/lease all goods and services to the County or other governmental entities as opposed to a private citizen, on a first priority basis. The County expects to pay contractual prices for all goods or services required during an emergency situation. Contractor shall furnish a twenty-four (24) hour phone number in the event of such an emergency.

  • For Product Development Projects and Project Demonstrations  Published documents, including date, title, and periodical name.  Estimated or actual energy and cost savings, and estimated statewide energy savings once market potential has been realized. Identify all assumptions used in the estimates.  Greenhouse gas and criteria emissions reductions.  Other non-energy benefits such as reliability, public safety, lower operational cost, environmental improvement, indoor environmental quality, and societal benefits.  Data on potential job creation, market potential, economic development, and increased state revenue as a result of the project.  A discussion of project product downloads from websites, and publications in technical journals.  A comparison of project expectations and performance. Discuss whether the goals and objectives of the Agreement have been met and what improvements are needed, if any.

  • Definition of a Grievance A grievance is defined as a dispute or disagreement as to the interpretation or application of the specific terms and conditions of this Agreement.

  • Limitation of Administrative Costs Worksheet The worksheet is intended for use during the budgeting process to estimate the district's percent increase of FY2021 budgeted expenditures over FY2020 actual expenditures. Budget information is copied to this page. Insert the prior year estimated actual expenditures to compute the estimated percentage increase (decrease).

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