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KEY DETAILS Sample Clauses

KEY DETAILS. 1 Parties The Sovereign in right of New Zealand, acting by and through the Chief Executive of the Department of Internal Affairs (DIA) [NAME OF RECIPIENT] (Recipient) 2 Background The New Zealand Government is undertaking a reform programme for “Three Waters” (drinking water, wastewater and stormwater) service delivery for communities (Three Waters Reform Programme). In conjunction with the Three Waters Reform Programme, the New Zealand Government is investing in water service delivery. The investment’s objectives are to: 1. improve the safety and quality of drinking water services, and the environmental performance of drinking water and wastewater systems, by maintaining, increasing or accelerating investment in core water infrastructure renewals and maintenance; and 2. support New Zealand’s economic recovery from the COVID-19 pandemic through job creation, by enabling investment to continue at a time when council revenues are uncertain and they face immediate cashflow challenges. The New Zealand Government has mandated DIA to manage the provision of Government funding to local authorities to support investment in water infrastructure that supports its public health and environmental management objectives. Provision of such funding supports the objectives of the reform programme, by creating positive momentum toward reform of delivery arrangements for drinking water and wastewater services and infrastructure (with stormwater as a secondary priority). The New Zealand Government has also mandated Crown Infrastructure Partners Limited (CIP) to assist in managing such funding by undertaking a monitoring role. The Recipient is a territorial authority with statutory responsibility for delivering Three Waters services within its own district or city. The Recipient will work collaboratively with the New Zealand Government in connection with the Three Waters Reform Programme. DIA has agreed to contribute funding to the Recipient on the terms and conditions of this Agreement (Agreement). Key details of this Agreement are set out in this Part 1. The full terms and conditions are set out in Part 2. Defined terms and rules of interpretation are set out in Part 3.
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KEY DETAILS. 2.2.1 The Mobile Service is offered for use only on the Network in Australia (which may be accessed using Mobile Devices that are 3G and 4G enabled). 2.2.2 Each Account Holder must be at least 18 years of age (however, the Account Holder may procure the Mobile Service for an End User who is less than 18 years of age). 2.2.3 Subject to clause 2.2.4, each Account Holder is limited to 2 Mobile Services (and 2 Corresponding Mobile Devices) at any one time. 2.2.4 We may (in Our absolute discretion) approve additional Mobile Services (and Corresponding Mobile Devices) upon request by an Account Holder.
KEY DETAILSFacility Limit $ 18,737,535 inclusive of all capitalised interest and fees accrued in accordance with this document.
KEY DETAILS. 1 Parties The Sovereign in right of New Zealand, acting by and through the [Deputy Chief Executive] of the Department of Internal Affairs (DIA) [NAME OF RECIPIENT] (Recipient) Crown Infrastructure Partners Limited (Monitor) 2 Background The New Zealand Government is undertaking a reform programme for “Three Waters” (drinking water, wastewater and stormwater) service delivery for communities (Three Waters Reform Programme). The Crown entered into a Heads of Agreement with New Zealand Local Government Association Incorporated Xx Xxxxx Kaunihera ō Aotearoa (LGNZ) under which, amongst other things, the Crown proposed that a Three Waters Reform financial support package be provided to local authorities, comprising: 1. a “no worse off” package which will seek to ensure that financially, no local authority is in a materially worse off position to provide services to its community directly because of the Three Waters Reform Programme and associated transfer of responsibility for the provision of water services (including the transfer of assets and liabilities) to the Water Services Entities; and 2. a “better off” package of $2 billion which supports the goals of the Three Waters Reform Programme by supporting local government to invest in the wellbeing of their communities in a manner that meets the priorities of both the central and local government, and is consistent with the agreed criteria for such investment set out in the Heads of Agreement, to be given effect in agreements between each local authority and the Crown (through DIA). The better off package will comprise: 1. $1 billion of Crown funding, $500 million of which is intended to be provided to local authorities from 1 July 2022 to enable early investment (“Tranche 1 Funding”); and 2. the remaining $1 billion to be funded by the new Water Services Entities. This Agreement relates to the provision of funding to the Recipient from the Tranche 1 Funding of $500 million. The Crown’s objectives with the better off package are, acknowledging the Reform Objectives, to demonstrate central government confidence in the future for local government by providing the sector with additional funds to support local wellbeing outcomes in a way that aligns with the priorities of central and local government, including through meeting some or all of the following criteria: 1. supporting communities to transition to a sustainable and low- emissions economy, including by building resilience to climate change and natural haz...
KEY DETAILS. 1 Parties The Sovereign in right of New Zealand, acting by and through the Chief Executive of the Ministry of Business, Innovation and Employment (Ministry) and Xxxxx Xxxxx Limited, company number 158186, with offices at 00 Xxxxxx Xxxxxx, Xxxxxxxxxxxx (Recipient).
KEY DETAILS. 1 Parties The Sovereign in right of New Zealand, acting by and through the ChiefExecutive of the Ministry of Business, Innovation and Employment (Ministry)Eastland Group Limited, company number 2426052, with offices at 00 Xxxxxxxxx Xxxx, Xxxxxxxx, Xxxxxxxx (Recipient) 2 Funding Start Date Commencement Date 3 End Date Commercial Information 4 Background Through the Provincial Development Unit, the Ministry is responsible for administering the Provincial Growth Fund, which aims to lift productivity potential in New Zealand’s provinces. Its priorities are to enhance economic development opportunities, create sustainable jobs, enable Māori to reach full potential, boost social inclusion and participation, build resilient communities, and help meet New Zealand’s climate change targets.The Funding under this Agreement is from the Whenua Māori allocation of the Provincial Growth Fund. The Whenua Māori allocation is to support Māori landowners to achieve greater levels of prosperity through investment in Māori-owned land. Whenua Māori funding is aligned with the intent of the Provincial Growth Fund, including its regions of focus, and is administered by the Provincial Development Unit.The Recipient is a limited company. The Recipient (on behalf of Te Rimu Ahu Whenua Trust (the Trust)) applied for funding to complete the Te Araroa aerodrome development project (the Project) (Item 6).The Trust is an Ahu Whenua Trust that primarily undertakes farming activities. The Trust owns Māori freehold land that the aerodrome is located and has made available that land for the Te Araroa aerodrome development. The purpose of the Project is to complete the new Te Araroa aerodrome development and to provide a safe and fit-for-purpose aviation asset which is sustainable on an on-going basis. The existing aerodrome site between the Town and the coast has been compromised and unsafe due to its length being shortened and the inability to fence it off from the general public. The Tairawhiti Region has already committed a significant amount to the Project.Commercial Information The Recipient will ensure that the aerodrome complies with all Civil Aviation Authority (CAA) requirements.The Trust will have ownership and management of the ongoing maintenance of the aerodrome such as mowing, monitoring fences and facilities.The Recipient has sought a funding contribution from the Ministry for the purposes of the Project described below. The Ministry has agreed to contribute funding on the ter...
KEY DETAILSFacility Limit As determined by the Lender from time to time, up to a maximum sum of $5,000,000 or such other sum as determined by the Lender pursuant to clause 4.1.
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KEY DETAILS. 1 Parties The Sovereign in right of New Zealand, acting by and through the Chief Executive of the Ministry of Business, Innovation and Employment (Ministry) Wairoa District Council, a Territorial Authority listed in Part 2 of Schedule 2 to the Local Government Xxx 0000, with offices at Coronation Square, 00 Xxxxx Xxxxxx, Xxxxxx 0000 (Recipient or WDC) 2 Funding Start Date Commencement Date 3 End Date Commercial Information 4 Background Through the Provincial Development Unit, the Ministry is responsible for administering the Provincial Growth Fund, which aims to lift productivity potential in New Zealand’s provinces. Its priorities are to enhance economic development opportunities, create sustainable jobs, enable Māori to reach full potential, boost social inclusion and participation, build resilient communities, and help meet New Zealand’s climate change targets. Wairoa District Council (is a Territorial Authority in the Hawke's Bay. WDC has identified Xxxxxx-Xxxxxxxx Xxxx xxx Xxxxx Xxxx Xxxxx Xxxx as critical access routes for businesses and visitors to the Mahia Peninsula. This includes Rocket Lab (as part of its launch service), tourists (particularly during the summer period), forestry (logging trucks), farmers and local residents. Both roads have been identified as being in need of urgent remedial works. The Nuhaka-Opoutama Road is an 11.3km, sealed road that has several dropout areas over 1.7km due to coastal erosion which is predicted to worsen. Funding under this Agreement will be made available for an investigation to support an alternative route to bypass these dropouts. A new route is critical to ensuring certainty of access for locals, visitors and businesses. If the dropouts were to fail, the only access is via a tortuous alternate route. The Mahia East Coast Road is approximately 34km long, which includes an approximately 22km length of unsealed road. At the end of this is a 4.5km unsealed private road that provides access to Rocket Lab’s launch site. An upgrade of the Mahia East Coast Road is critical to enable continued use of this road to avoid further road damage including that by logging trucks which will be harvesting pine forests over the next 5-10 years, and to manage the dust the trucks create for Peninsula residents, which is a health and safety risk. In its current state, the road is also of poor quality for transporting hazardous or vibration-sensitive loads. The Funding under this Agreement is made available for the upgrade of M...
KEY DETAILS. 1 Parties The Sovereign in right of New Zealand, acting by and through the Chief Executive of the Ministry of Business, Innovation and Employment (Ministry) Xxxxxx Akuhata Xxxxx, Xxxxxxx Xxxx Xxxxxx, Maaka Tauranga Xxxxxx, Xxxxxx Xxxxxxx Akuhata Xxxxx, Xxxxxxx Xxxxxx as Responsible Trustees acting by and through the Te Rimu Trust (Recipient)
KEY DETAILSType of Supply F153 Supply and distribution of fresh fruit and vegetables and free range eggs
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