Common use of GOVERNANCE AND ACCOUNTABILITY Clause in Contracts

GOVERNANCE AND ACCOUNTABILITY. 6.1. A Steering Group will be established comprising two (2) representatives from B&NES and two (2) from BWCE with ad hoc attendance at Steering Group meetings as required. 6.2. The Steering Group will meet at least once annually to review progress on achieving the aims of this Agreement and work diligently to overcome barriers. 6.3. The Steering Group will be sponsored by a Director of B&NES, and chaired by Head of Service who may appoint an authorised representative. 6.4. Each Party will appoint a representative to oversee the administration and day-to-day running of the matters falling within the scope of this Agreement and bring any issues that arise to the attention of the Steering Group. Meetings of the Steering Group will be convened by the B&NES representative. 6.5. An annual report specific to this Cooperation Agreement will be jointly produced by the Parties by the end of August in each year. The report will set out the achievements of the Parties as well as any areas of concern and any proposal to update or amend this Agreement. This report will include an audited financial statement from BWCE to show how revenue has been allocated between the priorities listed in 6.6. a-d. 6.6. The Agreement is entered into on the understanding that BWCE will re-invest revenues it generates from Projects into the Bath & West Low Carbon Community Fund to support further local projects that contribute to carbon reduction in the area. The intention of the Parties is that Community Fund revenues accrued from Projects within the District will be reinvested only within the District (where possible). Investment into the Community Fund, in terms of amount and regularity, will be dependent on the availability of revenues once other higher priority commitments have first been satisfied by BWCE, and will be subject to review by the Steering Group. The priority of revenue allocation will be as follows: a. Loan repayment b. Payment of interest to BWCE members c. Funding of continuation and development of BWCE d. Payment into Bath & West Low Carbon Community Fund

Appears in 1 contract

Samples: Cooperation Agreement

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GOVERNANCE AND ACCOUNTABILITY. 6.1. 6.1 A Steering Group will be established comprising two (2) representatives from B&NES and two (2) from BWCE BCE with ad hoc attendance at Steering Group meetings as required. 6.2. 6.2 The Steering Group will meet at least once annually regularly to review progress on achieving the aims of this Agreement and work diligently to overcome barriers. 6.3. 6.3 The Steering Group will be sponsored by a Strategic Director of B&NES, and chaired by Head of Service a Divisional Director who may appoint an authorised representative. 6.4. 6.4 Each Party will will, appoint a representative to oversee the administration and day-to-day running of the matters falling within the scope of this Agreement and bring any issues that arise to the attention of the Steering Group. Meetings of the Steering Group will be convened by the B&NES representative. 6.5. 6.5 An annual report specific to this Cooperation Agreement will be jointly produced by the Parties by the end of August in each year. The report will set out the achievements of the Parties as well as any areas of concern and any proposal to update or amend this Agreement. This report will include an audited financial statement from BWCE BCE to show how revenue has been allocated between the priorities listed in 6.6. a-d. 6.6. 6.6 The Agreement is entered into on the understanding that BWCE BCE will re-invest revenues it generates from Projects into the Bath & West Low Carbon a Community Fund which it establishes. The purpose of the Community Fund shall be to support reinvest in further local projects that contribute to carbon reduction in the area. The intention of the Parties is that Community Fund revenues accrued from Projects within the District will be reinvested only within the District (where possible). Investment Such investment into the Community Fund, in terms of amount and regularity, will be dependent on the availability of revenues once other higher priority commitments have first been satisfied by BWCEBCE, and will be subject to review by the Steering Group. The priority of revenue allocation will be as follows: a. Loan repayment b. Payment of interest to BWCE BCE members c. Funding of continuation and development of BWCE BCE d. Payment into Bath & West Low Carbon Community Fundcommunity fund

Appears in 1 contract

Samples: Cooperation Agreement

GOVERNANCE AND ACCOUNTABILITY. 6.1. A Steering Group will be established comprising two (2) representatives from B&NES and two (2) from BWCE with ad hoc attendance at Steering Group meetings as required. 6.2. The Steering Group will meet at least once annually to review progress on achieving the aims of this Agreement and work diligently to overcome barriers. 6.3. The Steering Group will be sponsored by a Strategic Director of B&NES, and chaired by Head of Service a Divisional Director who may appoint an authorised representative. 6.4. Each Party will appoint a representative to oversee the administration and day-to-day running of the matters falling within the scope of this Agreement and bring any issues that arise to the attention of the Steering Group. Meetings of the Steering Group will be convened by the B&NES representative. 6.5. An annual report specific to this Cooperation Agreement will be jointly produced by the Parties by the end of August in each year. The report will set out the achievements of the Parties as well as any areas of concern and any proposal to update or amend this Agreement. This report will include an audited financial statement from BWCE to show how revenue has been allocated between the priorities listed in 6.6. a-d. 6.6. The Agreement is entered into on the understanding that BWCE will re-invest revenues it generates from Projects into the Bath & West Low Carbon Community Fund to support further local projects that contribute to carbon reduction in the area. The intention of the Parties is that Community Fund revenues accrued from Projects within the District will be reinvested only within the District (where possible)District. Investment into the Community Fund, in terms of amount and regularity, will be dependent on the availability of revenues once other higher priority commitments have first been satisfied by BWCE, and will be subject to review by the Steering Group. The priority of revenue allocation will be as follows: a. Loan repayment b. Payment of interest to BWCE members c. Funding of continuation and development of BWCE d. Payment into Bath & West Low Carbon Community Fund

Appears in 1 contract

Samples: Cooperation Agreement

GOVERNANCE AND ACCOUNTABILITY. 6.1. A Steering Group will be established comprising two (2) representatives from B&NES and two (2) from BWCE KCE with ad hoc attendance at Steering Group meetings as required. 6.2. The Steering Group will meet at least once annually to review progress on achieving the aims of this Agreement and work diligently to overcome barriers. 6.3. The Steering Group will be sponsored by a Strategic Director of B&NES, and chaired by Head of Service a Divisional Director who may appoint an authorised representative. 6.4. Each Party will appoint a representative to oversee the administration and day-to-day running of the matters falling within the scope of this Agreement and bring any issues that arise to the attention of the Steering Group. Meetings of the Steering Group will be convened by the B&NES representative. 6.5. An annual report specific to this Cooperation Agreement will be jointly produced by the Parties by the end of August in each year. The report will set out the achievements of the Parties as well as any areas of concern and any proposal to update or amend this Agreement. This report will include an audited financial statement from BWCE KCE to show how revenue has been allocated between the priorities listed in 6.6. a-d. 6.6. The Agreement is entered into on the understanding that BWCE KCE will re-invest revenues it generates from Projects into the Bath & West Low Carbon KCE Community Fund to support further local projects that contribute to carbon reduction in the area. The intention of the Parties is that Community Fund revenues accrued from Projects within the District Keynsham area will be reinvested only within the District (where possible)Keynsham area. Investment into the Community Fund, in terms of amount and regularity, will be dependent on the availability of revenues once other higher priority commitments have first been satisfied by BWCEKCE, and will be subject to review by the Steering Group. The priority of revenue allocation will be as follows: a. Loan repayment b. Payment of interest to BWCE KCE members c. Funding of continuation and development of BWCEKCE d. Payment into Bath & West Low Carbon KCE Community Fund

Appears in 1 contract

Samples: Cooperation Agreement

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GOVERNANCE AND ACCOUNTABILITY. 6.1. A Steering Group will be established comprising two (2) representatives from B&NES and two (2) from BWCE KCE with ad hoc attendance at Steering Group meetings as required. 6.2. The Steering Group will meet at least once annually to review progress on achieving the aims of this Agreement and work diligently to overcome barriers. 6.3. The Steering Group will be sponsored by a Director of B&NES, and chaired by Head of Service who may appoint an authorised representative. 6.4. Each Party will appoint a representative to oversee the administration and day-to-day running of the matters falling within the scope of this Agreement and bring any issues that arise to the attention of the Steering Group. Meetings of the Steering Group will be convened by the B&NES representative. 6.56.4. An annual report specific to this Cooperation Agreement will be jointly produced by the Parties by the end of August in each year. The report will set out the achievements of the Parties as well as any areas of concern and any proposal to update or amend this Agreement. This report will include an audited financial statement from BWCE KCE to show how revenue has been allocated between the priorities listed in 6.6. a-d. 6.66.5. The Agreement is entered into on the understanding that BWCE KCE will re-invest revenues it generates from Projects into the Bath & West Low Carbon KCE Community Fund to support further local projects that contribute to carbon reduction in the area. The intention of the Parties is that Community Fund revenues accrued from Projects within the District Keynsham area will be reinvested only within the District (where possible)Keynsham area. Investment into the Community Fund, in terms of amount and regularity, will be dependent on the availability of revenues once other higher priority commitments have first been satisfied by BWCEKCE, and will be subject to review by the Steering Group. The priority of revenue allocation will be as follows: a. Loan repayment b. Payment of interest to BWCE KCE members c. Funding of continuation and development of BWCEKCE d. Payment into Bath & West Low Carbon KCE Community Fund

Appears in 1 contract

Samples: Cooperation Agreement

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