Fund Arrangements Sample Clauses

Fund Arrangements. 2.1 The Host will provide the financial / administrative / accounting systems and associated support for the CWM TAF CARE HOME ACCOMMODATION POOLED FUND . 2.2 The Care Home Pooled Fund will comprise of a number of Service Component Element budget lines, each budget line will require a Party to be designated as the lead service commissioner. 2.3 Lead service commissioners will be responsible for commissioning & contracting of placements and the subsequent payments relating to those services. 2.4 The specific service provision budget within the fund along with the designated Party / Lead Commissioner is shown below. Specific service provision budget Party / Lead Commissioner Residential Care Placements Residential (RCTCBC) Rhondda Cynon Taf County Borough Council Residential (MTCBC) Merthyr Tydfil County Borough Council Nursing Care Placements (FNC) Nursing FNC (RCTCBC) Rhondda Cynon Taf County Borough Council Nursing FNC (MTCBC) Merthyr Tydfil County Borough Council Nursing FNC (CTUHB) Cwm Taf University Health Board Nursing Care Placements (CHC) Nursing Care CHC (Cwm Taf UHB) Cwm Taf University Health Board 2.5 Each Party / Lead Commissioner will contribute those Financial Contributions as are identified in section 3 (below) effective on the Commencement Date or on a pro-rata basis in the event of any delay. The financial contributions shall together be known as ‘the Fund Contributions’. 2.6 The Care Home Pooled Fund will be managed by the Residential & Nursing Care Pooled Fund Manager under the direction of the CWM TAF CARE HOME ACCOMMODATION POOLED FUND Operational Management Board. Regular reports will be provided to the CWM TAF CARE HOME ACCOMMODATION POOLED FUND Operational Management Board and made available to the Parties’ s151 Officers and the Chief Finance Officer. These reports will include details of the Care Home Pooled Fund’s annual budget, spend incurred to date, anticipated annual spend, variance to budget and an analysis of any variance.
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Fund Arrangements. 2.1 RCT and the UHB will provide the RCT and UHB Host Services for the specific component service elements of the STAY WELL @ HOME SERVICE for which they are responsible as set out in the Agreement. 2.2 The funding for the STAY WELL @ HOME SERVICE will be provided solely through the Intermediate Care Fund as identified in the Financial Protocol effective from the Commencement Date. The monies made available for the provision of the STAY WELL @ HOME SERVICE from the Intermediate Care Fund shall be known as ‘the Fund’. 2.3 The Fund will be managed by the Nominated Lead Officers for each specific component of the STAY WELL @ HOME SERVICE (as identified within Schedule 4) under the direction of the RCT’s s151 Officer and the Chief Finance Officer. Regular reports will be provided to the Cwm Taf STAY WELL @ HOME SERVICE Operational Management Board and The Cwm Taf Social Services and Wellbeing Partnership Board and made available to the Parties’ s151 Officers/Chief Finance Officer. These reports will include details of the Fund’s annual budget, spend incurred to date, anticipated annual spend, variance to budget and an analysis of any variance.
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Fund Arrangements. 2.1 The Host will provide the financial / administrative / accounting systems and associated support for the Cwm Taf Social Care Workforce Development Service. 2.2 Each Party will contribute those Financial Contributions as are identified in sections 3 and 5 (below) effective on the Commencement Date or on a pro-rata basis in the event of any delay. The Financial Contributions shall together be known as ‘the Fund’ and for the period of this agreement respective partner contributions shall remain ring fenced for use solely by the Party to which the funding relates. 2.3 The Fund will be managed by the Cwm Taf Social Care Workforce Development Service Manager under the direction of the Cwm Taf Social Care Workforce Development Service Management Board. Regular reports will be provided to the Cwm Taf Social Care Workforce Development Service Management Board and made available to the Parties’ s151 Officers. These reports will include details of the Fund’s annual budget, spend incurred to date, anticipated annual spend, variance to budget and an analysis of any variance.
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Related to Fund Arrangements

  • Tax Arrangements 47.1 Where the Contractor is liable to be taxed in the UK in respect of consideration received under this contract, it shall at all times comply with the Income Tax (Earnings and Xxxxxxxx) Xxx 0000 (ITEPA) and all other statutes and regulations relating to income tax in respect of that consideration. 47.2 Where the Contractor is liable to National Insurance Contributions (NICs) in respect of consideration received under this Framework Agreement, it shall at all times comply with the Social Security Contributions and Benefits Xxx 0000 (SSCBA) and all other statutes and regulations relating to NICs in respect of that consideration. 47.3 The Authority may, at any time during the term of this Framework Agreement, request the Contractor to provide information which demonstrates how the Contractor complies with sub-clauses 47.1 and 47.2 above or why those clauses do not apply to it. 47.4 A request under sub-clause 47.3 above may specify the information which the Contractor must provide and the period within which that information must be provided.

  • Management Arrangements 9.1. The Management Arrangements set out the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Statement of Requirements, the Service Levels, the Award Procedures and the terms of this Framework Agreement. 9.2. The Authority may by notice to the Contractor suspend the Contractor’s appointment to provide Services to Framework Public Bodies for a notified period of time: 9.2.1. if the Authority becomes entitled to terminate this Framework Agreement under clause 42 (Termination Rights) or 43 (Termination on Insolvency or Change of Control); or 9.2.2. in any other circumstance provided for in the Management Arrangements. 9.3. Suspension under clause 9.2 shall terminate upon cessation of all of any circumstances referred to in subclauses 9.2.1 and 9.2.2. 9.4. The Contractor must continue to perform existing Call-off Contracts during any period of suspension under clause 9.2.

  • Escrow Arrangements Pursuant to the Escrow Agreement to be entered into among Millxx, xxe Company, Buyer and the Escrow Agent, the portion of the Remaining Purchase Price specified in SECTION 2.6(c) shall be delivered to the Escrow Agent at Closing in immediately available funds. Such monies (which, together with all interest accrued thereon, is hereinafter referred to as the "ESCROW SUM") shall be held pursuant to the terms of the Escrow Agreement for payment from such Escrow Sum of the amounts, if any, owing by the Company and/or Millxx xx Buyer pursuant to the indemnification provisions of ARTICLE VIII below. At the conclusion of the period ending ten days after completion of the Post Closing AA Review and the resolution of any disputes therein pursuant to SECTION 2.9 below, the Escrow Sum shall be reduced to an amount equal to the sum of $1,000,000 in cash, plus the amount, if any, reserved, but not then paid or resolved, pursuant to claims made against the Escrow Sum by Buyer pursuant to the Escrow Agreement and this Agreement (such amount of reduction in the Escrow Sum being referred to as the "ESCROW SUM REDUCTION") and (ii) on April 17, 2000 (such period being referred to herein as the "ESCROW PERIOD"), such remaining portion of the Escrow Sum not theretofore claimed by or paid to Buyer in accordance with the terms of Escrow Agreement and this Agreement (together with any interest on such remaining portion of the Escrow Sum) shall be disbursed to the Company or Millxx. Xxe Company, Millxx xxx Buyer agree that each will execute and deliver such reasonable instruments and documents as are furnished by any other party to enable such furnishing party to receive all disbursements pursuant to the Escrow Sum Reduction or at the expiration of the Escrow Period which the furnishing party is entitled under the provisions of the Escrow Agreement and this Agreement.

  • Business Arrangements Except as disclosed in the Registration Statement, the Time of Sale Disclosure Package and the Prospectus, neither the Company nor any of its subsidiaries has granted rights to develop, manufacture, produce, assemble, distribute, license, market or sell its products to any other person and is not bound by any agreement that affects the exclusive right of the Company or such subsidiary to develop, manufacture, produce, assemble, distribute, license, market or sell its products.

  • Cash Management Arrangements Borrower shall cause all Rents to be transmitted directly by tenants of the Property into an Eligible Account (the “Clearing Account”) maintained by Borrower at a local bank selected by Borrower, which shall at all times be an Eligible Institution (the “Clearing Bank”) as more fully described in the Clearing Account Agreement. A form of tenant direction letter for such purpose is attached hereto as Schedule 1. Without in any way limiting the foregoing, all Rents received by Borrower or Manager shall be deposited into the Clearing Account within one (1) Business Day of receipt. Funds deposited into the Clearing Account shall be swept by the Clearing Bank on a daily basis into Borrower’s operating account at the Clearing Bank, unless a Cash Management Period is continuing, in which event such funds shall be swept on a daily basis into an Eligible Account at the Deposit Bank controlled by Lender (the “Deposit Account”) and applied and disbursed in accordance with this Agreement. Funds in the Deposit Account shall be invested at Lender’s discretion only in Permitted Investments. Lender will also establish subaccounts of the Deposit Account which shall at all times be Eligible Accounts (and may be ledger or book entry accounts and not actual accounts) (such subaccounts are referred to herein as “Subaccounts”). The Deposit Account and any Subaccount will be under the sole control and dominion of Lender, and Borrower shall have no right of withdrawal therefrom. Borrower shall pay for all expenses of opening and maintaining all of the above accounts.

  • PAYMENT ARRANGEMENTS 4.1 Within 30 calendar days following the signature of the agreement by both parties, and no later than the start date of the mobility period or upon receipt of confirmation of arrival, a pre-financing payment shall be made to the participant representing [between 50% and 100%] of the amount specified in Article 3 [NA may add: per semester]. In case the participant did not provide the supporting documents in time, according to the sending institution's timeline, a later payment of the pre-financing can be exceptionally accepted. 4.2 If the payment under article 4.1 is lower than 100% of the financial support, the submission of the on-line EU survey shall be considered as the participant's request for payment of the balance of the financial support. The institution shall have 45 calendar days to make the balance payment or to issue a recovery order in case a reimbursement is due.

  • Funding Arrangements Minimum amounts/increments for Japan Local Currency Borrowings, repayments and prepayments: Same as Credit Agreement.

  • Special Arrangements Fees for activities of a non-recurring nature such as reorganizations, and/or preparation of special reports will be subject to negotiation.

  • Financial Arrangements The Commonwealth will provide an estimated total financial contribution to the States of up to $9.5 billion (GST exclusive) in respect of this Agreement, as set out in Part 5 – Financial Arrangements.

  • Banking Arrangements The banking business of the Corporation shall be transacted with such banks, trust companies or other person or persons as the board may determine from time to time and all such banking business shall be transacted on behalf of the Corporation by such person or persons and to such extent as the board may determine from time to time.

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