FUNDS MANAGEMENT. The Subrecipient must maintain funds received under this Agreement in separate ledger accounts and cannot mix these funds with funds from other sources. The Subrecipient must manage funds according to applicable Federal regulations for administrative requirements, costs principles, and audits. The Subrecipient must maintain adequate business systems to comply with Federal requirements. The business systems that must be maintained are: • Financial Management • Procurement • Personnel • Property • Travel A system is adequate if it is 1) written; 2) consistently followed – it applies in all similar circumstances; and 3) consistently applied – it applies to all sources of funds.
FUNDS MANAGEMENT. Grantee will manage the Grant funds in accordance with applicable law and the provisions of this Agreement. Expenditures must be (i) consistent with the Grantee’s mission; (ii) necessary in order to effectively provide safety net human services; (iii) reasonable for the goods and services purchased; (iv) incurred during the Grant Period; and (v) satisfactorily recorded with supporting documentation.
FUNDS MANAGEMENT. Grantee will manage the Grant funds in accordance with applicable law and the provisions of this Agreement. Grantee may combine the Grant funds with other assets and funding sources for the execution of the Project. Grant funds will be used as described in the Grant Plan.
FUNDS MANAGEMENT. 8. Within 60 days of this Agreement, the Bank shall submit to the Reserve Bank and the Department an acceptable written contingency funding plan that, at a minimum, includes appropriate adverse scenario planning and identifies and quantifies available sources of liquidity for each scenario.
FUNDS MANAGEMENT. Provider shall maintain records of all contracts, papers, correspondence, proofs of payment, ledgers, books, accounts, and other information relating to the payments made to Provider in connection with this Agreement for a period of two (2) years subsequent to the termination of this Agreement. VSUW or its designees may inspect, examine and review and make copies of such records at reasonable times during normal business hours.
FUNDS MANAGEMENT. The SUB‐RECIPIENT agrees that all funds paid through this contract are subject to the following:
FUNDS MANAGEMENT. The Client agrees that Citfin deposits the Client’s funds in the Client Payment Account in Citfin’s Separate Account with financial institutions located in the Czech Republic or another European Union state separate from its own funds.
FUNDS MANAGEMENT. Rocky Flats Closure Contract No. DE-AC34-00RF01904
FUNDS MANAGEMENT. The RECIPIENT also agrees to operate all transactions from these funds within a special revenue account that is not commingled with other funds to prevent the accidental inclusion of transactions not related to the Emergency Rental Assistance grant.
FUNDS MANAGEMENT. (1) Within sixty (60) days of the date of this Agreement, the Board shall take the necessary steps to ensure the Bank maintains adequate sources of liquidity and controls interest rate risk, to include at a minimum:
