Governance Administration Sample Clauses

Governance Administration. In connection with the establishment of the Fund, we hereby acknowledge and represent that: Notwithstanding anything herein to the contrary, the Foundation shall hold the Fund, and all contributions to the Fund, subject to the provisions of any applicable laws and the Foundation’s Articles of Incorporation and Bylaws. The Board shall monitor the distributions of the Fund to ensure it is used exclusively for the charitable purposes as outlined in this agreement. Additional gifts to the fund are welcome at any time. All gifts are subject to the Foundation’s Gift Acceptance Policy as in effect from time to time. All assets of the Fund shall be assets of the Foundation. The Foundation has exclusive legal control over the assets of the Fund for use only as described in this agreement. In accordance with IRS regulations, and the Bylaws of the Foundation, the Foundation’s Board of Directors has variance power and duty to modify and vary any donor direction, restriction, condition, or limitation set for the Fund’s purpose in the event the purpose becomes unnecessary, incapable of fulfillment or inconsistent with the charitable needs of the community or area served by the Foundation. Variance power ensures that the fund will never become obsolete. The exercise of such power is extremely rare, and will never be done without first consulting fund representatives. This Agreement constitutes the entire Agreement with respect to the subject matter thereof and supersedes and revokes all prior Agreements between the parties. This Agreement may be modified or amended only in writing signed by both parties. This Agreement shall inure to the benefit of, and be binding upon, the parties hereto and their heirs, legal representatives, successors, and assigns. This agreement may not be amended or reassigned by either party without the prior written consent of the other party. The persons signing this Agreement hereby warrants that he/she has the legal authority to execute this Agreement on behalf of his or her respective party, and that such binding authority has been granted by proper order, resolution, ordinance, or other authorization of the entity. This agreement may be executed in any number of counterparts with the same effect as if all signatories (i.e. representatives of the named beneficiary) had signed the same document. All counterparts must be construed together to constitute one and the same instrument. This agreement may be transmitted and signed by facsimile or po...
Sample 1
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Governance Administration. Review appropriate involvement of First Nations in provincial board governance and advisory bodies. Development of a sample Tuition Agreement. Explore organizational options for provision of second level services in First Nation operated schools. Development of mechanisms to improve communication between provincially funded schools and First Nation feeder schools.
Sample 1
Governance Administration 
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Related to Governance Administration

  • Program Administration An activity relating to the general management, oversight and coordination of community development programs. Costs directly related to carrying out eligible activities are not included.

  • Grant Administration The Centre will make payments to the Recipient according to the schedule set forth in Part 3 - Schedule of Project Milestones, which forms an integral part of this Agreement. The Recipient agrees that the payment of any Centre Funds under this Agreement is subject to its compliance with the conditions set out in this Agreement, including all attachments, as may be amended from time to time by the parties.

  • Tax Administration (a) The Trust and the Certificate Paying Agent, upon direction from the Sponsor, shall comply with all withholding and backup withholding tax requirements under United States federal (including, without limitation, Sections 1441, 1442, 1445, 1446 and 1471 through 1474 of the Code), state and local law. The Certificate Paying Agent shall request, and the Certificateholder shall provide to the Certificate Paying Agent, such forms or certificates as are necessary to establish an exemption from withholding and backup withholding tax with respect to the Certificateholder and any representations and forms as shall reasonably be requested by the Trust to assist it in determining the extent of, and in fulfilling, its withholding and backup withholding tax obligations. The Certificateholder, by acceptance of the Certificate, agrees to provide to the Certificate Paying Agent, upon its request, the FATCA Information. In addition, the Certificateholder, by acceptance of the Certificate, agrees that the Certificate Paying Agent has the right to withhold any amounts (properly withholdable under law and without any corresponding gross-up) payable to the Certificateholder that fails to comply with the requirements of the preceding sentence.

  • EMPLOYEE-MANAGEMENT ADVISORY COMMITTEE 41.01 The Parties to this Collective Agreement agree to establish an Employee- Management Advisory Committee(s) or the equivalent for promoting harmonious relationships and discussing topics of mutual concern between the employees and the Employer.

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