Funding and Administration Sample Clauses

Funding and Administration. The current fund administration shall be altered to reflect the accounting practices detailed in accordance with Section D of this Article. Effective July 1, 2003, the current method of funding for the Workforce Development Fund shall be modified as follows: The Employer shall make an ‘Employer Contribution’, and, on behalf of the employees due to a previous wage increase modification, an ‘Employee Contribution’. The ‘Employer Contribution’ shall be ten cents ($.10) for each hour in active payroll status, including sick leave, for each bargaining unit employee. The ‘Employee Contribution’ shall be five cents ($.05) for each hour in active payroll status, including sick leave, for each bargaining unit employee. The parties agree that the net assets of the fund shall not be greater than twelve million dollars ($12,000,000). Should the net assets of the fund exceed twelve million dollars ($12,000,000) the Employer’s share of the contributions shall cease. The Employer’s contribution shall be reinstated if the net assets of the fund fall below nine million ($9,000,000) dollars. Fund balances unexpended or encumbered in one (1) fiscal year shall be carried forward and be available in subsequent fiscal years, within the limit of the twelve million ($12,000,000) dollars cap set forth above. No wage scale shall be increased or decreased as a result of the temporary cessation of contributions or the reinstatement of same. No later than December 31, 2003, DAS shall administer such programs through a Third Party Administrator (TPA).
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Funding and Administration. The Sick Leave Bank (hereinafter referred to as SLB) for Unit I Employees is a program administered by the Teachers Association of Xxxx Arundel County (hereinafter referred to as TAAAC) with certain cooperation from the board of education (hereinafter referred to as the BOE). The BOE provides the funding up to a maximum provided by the Negotiated Agreement through the use of sick leave donated by TAAAC members participating in the SLB. The BOE provides paycheck continuation for SLB grantees. The SLB grants are determined by a three-member panel of TAAAC members. This panel is the Sick Leave Bank Approval Committee (hereinafter referred to as the SLBAC). The SLBAC provides coverage to qualifying grant requestees. As the administrator of the SLB, the SLBAC has a trustee’s responsibility which must be balanced between the interest of the individual requestee and the total membership of the SLB. The SLBAC is assisted by legal counsel, medical advisors, a TAAAC staff liaison and a TAAAC support staff. The administrative costs of the SLB are paid from the TAAAC budget. AGREEMENT LANGUAGE
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Funding and Administration. 1. The Nations’ participation on the Joint Executive will be funded pursuant to funding and Annual Work Plans as set out in the Schedule.
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Funding and Administration a) Each Management Council will reach agreed-upon Annual Work Plans for itself and its Technical Working Group, plus any additional committees or work groups.
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Funding and Administration a) The Bio-regional Management Council will reach agreed-upon Annual Work Plans for itself and any additional committees or work groups.
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Funding and Administration a) The Nations and their Sub-regional aggregate participation in the Technical Working Groups, including their co-Chair positions, will be funded pursuant to funding and annual work planning as set out in the Schedule.
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Funding and Administration 
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Related to Funding and Administration

  • Fund Administration ● Prepare annual and semi-annual financial statements ○ Utilizing templates for standard layout and printing ● Prepare Forms N-CEN, N-CSR and 24F-2 ● File Forms N-CEN and 24F-2 with the SEC ● Host annual audits ● Prepare required reports for quarterly Board meetings ● Monitor expense ratios ● Maintain budget vs. actual expenses ● Manage fund invoice approval and xxxx payment process ● Assist with placement of Fidelity Bond and E&O insurance Fund Accounting ● Calculate monthly NAVs as required by the Trust and in conformance with generally accepted accounting principles (“GAAP”), SEC Regulation S-X (or any successor regulation) and the Internal Revenue Code ● Transmit net asset values to the advisor, NASDAQ, Transfer Agent & other third parties ● Reconcile cash & investment balances with the custodian ● Provide data and reports to support preparation of financial statements and filings ● Prepare required Fund Accounting records in accordance with the 1940 Act ● Obtain and apply security valuations as directed and determined by the Fund consistent with the Fund’s pricing and valuation policies ● Participate, when requested, in Fair Value Committee meetings as a non-voting member ● Calculate monthly SEC standardized total return performance figures ● Coordinate reporting to outside agencies including Morningstar, etc. ● Prepare and file Form N-PORT Legal Administration ● Coordinate annual update to prospectus and statement of additional information ● Coordinate standard layout and printing of prospectus ● Files Forms N-CSR and N-PX ● Coordinate EDGARization and filing of SEC documents ● Compile and distribute board materials (electronically) for quarterly board meetings ● Attend quarterly board meetings telephonically and prepare initial draft of meeting minutes Compliance Administration ● Perform daily prospectus & SAI, SEC investment restriction monitoring ● Provide warning/Alert notification with supporting documentation ● Provide quarterly compliance testing certification to Board of Trustees SS&C ALPS Client Portal ● Document Management/Sharing ● Initiate requests or provide feedback ● Retrieval of current and up to 15 months of historical reports ● Access to daily fund accounting data and static reports ● Portfolio compliance alerting with drill-down capability ● Portfolio data warehouse with reporting engine ● Investor data warehouse with ad hoc query builder ● Investor document image retrieval (i.e. correspondence, applications, checks) ● Trustee access that facilitates access to board materials and other relevant documents Notes and Terms to SS&C ALPS Services

  • Management and Administration Except as otherwise provided herein, this Agreement shall be managed and administered by the Parties, Members, and State Consumer Advocates through the Members Committee and the Reliability Committee as a Standing Committee thereof, except as delegated to the Office of the Interconnection and except that only the PJM Board shall have the authority to approve and authorize the filing of amendments to this Agreement with the FERC. Issued By: Xxxxx Xxxxxx Effective: October 1, 2003 Vice President, Governmental Policy Issued On: July 31, 2003 PJM Interconnection, L.L.C. Second Revised Sheet No. 11 First Revised Rate Schedule FERC No. 32 Superseding First Revised Sheet No. 11 [Sheet Nos. 11 through 14A are reserved for future use.] Issued By: Xxxxx Xxxxxx Effective: October 1, 2003 Vice President, Governmental Policy Issued On: July 31, 2003 PJM Interconnection, L.L.C. Second Revised Sheet No. 15 First Revised Rate Schedule FERC No. 32 Superseding First Revised Sheet No. 15

  • FUND ADMINISTRATION SERVICES BNY Mellon shall provide the following fund administration services for each Fund, Series and class:  Calculate Fund approved income and per share amounts required for periodic distributions to be made by the applicable Fund, Series or class;  Coordinate a Fund’s annual audit and respond timely and completely to related requests;  Cooperate with each Fund’s independent auditors;  Supply various normal and customary portfolio and Fund statistical data as requested on an ongoing basis; and  If the chief executive officer or chief financial officer of a Fund is required to provide a certification as part of the Fund’s Form N-Q or Form N-CSR filing pursuant to regulations promulgated by the SEC under Section 302 of the Xxxxxxxx-Xxxxx Act of 2002, provide a sub-certification in support of certain matters set forth in the aforementioned certification. Such sub-certification is to be in such form and relating to such matters as reasonably agreed to by BNY Mellon in advance. BNY Mellon shall be required to provide the sub-certification only during the term of this Agreement with respect to the applicable Fund or Series and only if it receives such cooperation as it may request to perform its investigations with respect to the sub-certification. For clarity, the sub-certification is not itself a certification under the Xxxxxxxx-Xxxxx Act of 2002 or under any other law, rule or regulation. REGULATORY ADMINISTRATION SERVICES BNY Mellon shall provide the following regulatory administration services for each Fund and Series:  Assist the Fund in responding to SEC examination requests by providing requested documents in the possession of BNY Mellon that are on the SEC examination request list and by making employees responsible for providing services available to regulatory authorities having jurisdiction over the performance of such services as may be required or reasonably requested by such regulatory authorities;  Assist with and/or coordinate such other filings, notices and regulatory matters and other due diligence requests or requests for proposal on such terms and conditions as BNY Mellon and the applicable Fund on behalf of itself and its Series may mutually agree upon in writing from time to time; and

  • Fund Administration Legal Services a. Prepare the agenda and resolutions for all requested Board of Trustees (the “Board”) and committee meetings, make presentations to the Board and committee meetings where appropriate or upon reasonable request, prepare minutes for such Board and committee meetings and attend the Trust’s shareholder meetings and prepare minutes of such meetings;

  • General and Administrative 4.1 This Agreement shall be governed in all respects and aspects by the laws of the State of Texas, and the parties hereby agree any legal action concerning this Agreement shall be brought in a court of competent jurisdiction, in Lubbock County, Texas. If counsel is required to enforce terms of this Agreement and/ or corollary agreements, the prevailing party shall be entitled to recover reasonable attorney fees and costs.

  • Management and Administrative Services The Investment Adviser shall perform, or arrange for its affiliates to perform, the management and administrative services necessary for the operation of the Fund, including administering shareholder accounts and handling shareholder relations. The Investment Adviser shall provide the Fund with office space, facilities, equipment and necessary personnel and such other services as the Investment Adviser, subject to review by the Board of Directors, from time to time shall determine to be necessary or useful to perform its obligations under this Agreement. The Investment Adviser, also on behalf of the Fund, shall conduct relations with custodians, depositories, transfer agents, pricing agents, dividend disbursing agents, other shareholder servicing agents, accountants, attorneys, underwriters, brokers and dealers, corporate fiduciaries, insurers, banks and such other persons in any such other capacity deemed to be necessary or desirable. The Investment Adviser generally shall monitor the Fund's compliance with investment policies and restrictions as set forth in filings made by the Fund under the federal securities laws. The Investment Adviser shall make reports to the Board of Directors of its performance of obligations hereunder and furnish advice and recommendations with respect to such other aspects of the business and affairs of the Fund as it shall determine to be desirable.

  • Fund Administration Treasury Services a. Prepare for the review by designated officer(s) of the Trusts’ financial information that will be included in the Trusts’ semi-annual and annual shareholder reports (which shall also be subject to review by the Trusts’ legal counsel), and other quarterly reports (as mutually agreed upon), including tax footnote disclosures where applicable;

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