Management of the Contribution Sample Clauses

Management of the Contribution. 1. The use of the Finnish contribution and the management of funds shall comply with professionally accepted bookkeeping rules and practices. PA shall ensure that no illegal or corrupt practices relate to the use of the Finnish contribution.
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Management of the Contribution. According to the agreement, “a Management Committee shall be appointed; comprising two members of each of the Parties, and be responsible for the implementation of the collaboration and ensuring accomplishment of the activities envisaged.” Four meetings were held in 2011, and the Management Committee was established in the second of these meetings. One meeting was held each year 2012-2014. (Appendix 2) In a first meeting, (4 February 2011), attended by Xxxxxx Xxxxxxxx (SU), Xxx Xxxxx (SU), Xxxx Xxxxxxxxxxx (ISP), Xxxx Xxxxxxxxx (SU), and Xxxxx Xxxxxx (ISP), it was decided that the Management Committee should provisionally be comprised of Xxxxxx Xxxxxxxx (SU), Xxxx Xxxxxxxxxxx (ISP), Xxxxx Xxxxxx (ISP), and Xxxxxx Xxxxxxxx (SU). In this meeting, the general distribution of the contribution was decided, including part-time employment of Xxxx Xxxxxxxxx at ISP, particularly intended for his engagement as coordinator of the Pan African Centre for Mathematics (PACM; see Use of the contribution). In the second meeting (29 April 2011), the appointment of the members of the Management Committee was confirmed and established. Other issues regarded operational activities. Two more meetings were held in 2011, (20 September and 31 October). In 2012 to 2014, one meeting was held each year (22 March 2012, 12 June 2013 and 19 May 2014). The minutes of the meeting in 2014 remain to be signed. No meeting has, as of yet, been held in 2015.

Related to Management of the Contribution

  • Administration of the Contributions 1.1. The Bank shall be responsible only for performing those functions specifically set forth in this Agreement and shall not be subject to any other duties or responsibilities to the Donors, including, without limitation, any duties or obligations that might otherwise apply to a fiduciary or trustee under general principles of trust or fiduciary law. Nothing in this Agreement shall be considered a waiver of any privileges or immunities of the IBRD and XXX under their Articles of Agreement or any applicable law, all of which are expressly reserved.

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

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