Inquiry Under the Municipal Affairs Act Sample Clauses

Inquiry Under the Municipal Affairs Act. 14.3.1 The Parties acknowledge that: (a) sections 20 and 21 of the Municipal Affairs Act enable the Ontario Land Tribunal (the “Tribunal”) to conduct an inquiry into the financial status of a municipality (an “Inquiry”); and (b) if the Tribunal is satisfied that certain conditions are met, it may make an order vesting control over the affairs of a municipality in the Ministry of Municipal Affairs and Housing. 14.3.2 The Municipality agrees to: (a) promptly, and in any event within three (3) Business Days, deliver Notice to NWMO if it intends to request that the Tribunal to conduct an inquiry pursuant to section 20 of the Municipal Affairs Act or if it has received notice of such a request from another Person; (b) not object should NWMO wish to seek to participate in such Inquiry; and (c) provide NWMO a copy of any document filed with the Tribunal related to the request for an Inquiry. 14.3.3 In the event that an Inquiry is initiated, the Municipality agrees that NWMO shall, upon delivery of Notice, have the right to hold all Financial Benefits in a Segregated Account. Upon delivery of such Notice, NWMO shall make payments from the Segregated Account to third parties for the purposes of: (a) covering costs incurred in support of the performance of the Municipality’s obligations pursuant to this Agreement (paid from amounts allocated for Support Payments); or (b) community infrastructure, housing infrastructure, community well-being, workforce development and/or police support, as identified in the Detailed Financial Benefits Table (paid from amounts allocated for Benefits Payments).
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Related to Inquiry Under the Municipal Affairs Act

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  • FEDERAL ACQUISITION REGULATION CONTRACT CLAUSES 52.246-02 INSPECTION OF SUPPLIES -- FIXED-PRICE (AUG 1996) 52.246-02 INSPECTION OF SUPPLIES -- FIXED-PRICE (AUG 1996) - ALTERNATE I (JUL 1985) 52.246-02 INSPECTION OF SUPPLIES -- FIXED-PRICE (AUG 1996) - ALTERNATE II (JUL 1985) 52.246-03 INSPECTION OF SUPPLIES -- COST-REIMBURSEMENT (MAY 2001) 52.246-04 INSPECTION OF SERVICES -- FIXED-PRICE (AUG 1996) 52.246-05 INSPECTION OF SERVICES -- COST-REIMBURSEMENT (APR 1984) 52.246-06 INSPECTION -- TIME-AND-MATERIAL AND LABOR-HOUR (MAY 2001) 52.246-06 INSPECTION -- TIME-AND-MATERIAL AND LABOR-HOUR (MAY 2001) - ALTERNATE I (APR 1984) 52.246-15 CERTIFICATE OF CONFORMANCE (APR 1984) 52.246-16 RESPONSIBILITY FOR SUPPLIES (APR 1984)

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