Mismanagement Sample Clauses

Mismanagement. Norec practices zero tolerance on corruption. In case of any financial mismanagement or suspicion of such mismanagement, further disbursements will be stopped and legal action will be considered. Coordinating partner is as a party to the collaboration agreement and the round agreements legally and financially responsible to Norec on behalf of the partnership as a whole and must establish the necessary routines to prevent or detect any financial mismanagement within the partnership. Norec reserves the right to claim any repayments from the coordinating partner. VERIFICATION
Sample 1
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Mismanagement. Norec has a zero-tolerance approach to corruption. In the event of any financial mismanagement or suspicion of such mismanagement, further disbursements will be stopped, and legal action will be considered. As a party to the collaboration agreement, the coordinating partner is legally and financially responsible to Norec on behalf of the partnership, and must establish the necessary routines to prevent or detect any financial mismanagement within the partnership. Norec reserves the right to claim any repayments from the coordinating partner and any other party to this agreement receiving funds directly from Xxxxx. MONITORING, EVALUATION AND REPORTING The parties to this partnership agreement agree: That the coordinating partner shall prepare the consolidated progress, results, financial and audit reports for the rounds. The other partners commit to preparing inputs for these reports in good time, according to the requirements, standards and deadlines set by Xxxxx and the coordinating partner. The project accounts shall be audited in accordance with the ISA 805 standard. All audits must be carried out by independent chartered/certified auditors. The audit must be carried out in accordance with the Norec template for financial reports (C04). The auditor must confirm the amount transferred from Norec and/or the coordinating partner. The exchange rate used for each transfer or the average for the round must also be specified and confirmed. The auditor must also confirm any unspent funds and currency gain/loss. The coordinating partner shall monitor the project as required. The coordinating partner is responsible for informing Norec of any relevant managerial issues related to the programme, personnel or financial administration. Norec and the Auditor General of Norway shall have general access to monitor all aspects of the project. Such monitoring may include following up on the activity and the financial reports and audits, attending midterm reviews, and conducting field visits to individual partners and participants in the partnership. Norec may hire external consultants to evaluate the project or conduct such evaluations themselves. PARTICIPANT ADMINISTRATION The parties to this partnership agreement agree that: The home and host partners shall mutually assess each other’s potential exchange participants in the recruitment phase. All participants shall have a contract of employment valid for the exchange period, i.e. from the first day of the preparatory tr...
Sample 1
Mismanagement. Either party may terminate this Agreement without cause upon 30 days’ prior written notice to the other Party.
Sample 1

Related to Mismanagement

  • Dishonesty 6. Drinking alcoholic beverages on the job, or reporting to work while under the influence of intoxicating substances.

  • Diversion Licensee shall not, directly or indirectly, divert Substance and/or Product outside the Territory. Without limitation of the foregoing, except to the extent provided under this Agreement, the Licensee shall not, directly or indirectly, sell, or supply:

  • Virus Management Transfer Agent shall maintain a malware protection program designed to deter malware infections, detect the presence of malware within the Transfer Agent environment.

  • Recycling If this Agreement provides for the purchase or use of goods specified in PCC 12207 (for example, certain paper products, office supplies, mulch, glass products, lubricating oils, plastic products, paint, antifreeze, tires and tire-derived products, and metal products), this section is applicable with respect to those goods. Without limiting the foregoing, if this Agreement includes (i) document printing, (ii) parts cleaning, or (iii) janitorial and building maintenance services, this section is applicable. Contractor shall use recycled products in the performance of this Agreement to the maximum extent doing so is economically feasible. Upon request, Contractor shall certify in writing under penalty of perjury, the minimum, if not exact, percentage of post consumer material as defined in the PCC 12200, in such goods regardless of whether the goods meet the requirements of PCC 12209. With respect to printer or duplication cartridges that comply with the requirements of PCC 12156(e), the certification required by this subdivision shall specify that the cartridges so comply.

  • Transportation Management Tenant shall fully comply with all present or future programs intended to manage parking, transportation or traffic in and around the Building, and in connection therewith, Tenant shall take responsible action for the transportation planning and management of all employees located at the Premises by working directly with Landlord, any governmental transportation management organization or any other transportation-related committees or entities.

  • Management (a) The General Partner shall conduct, direct and manage all activities of the Partnership. Except as otherwise expressly provided in this Agreement, all management powers over the business and affairs of the Partnership shall be exclusively vested in the General Partner, and no Limited Partner shall have any management power over the business and affairs of the Partnership. In addition to the powers now or hereafter granted a general partner of a limited partnership under applicable law or that are granted to the General Partner under any other provision of this Agreement, the General Partner, subject to Section 7.3, shall have full power and authority to do all things and on such terms as it determines to be necessary or appropriate to conduct the business of the Partnership, to exercise all powers set forth in Section 2.5 and to effectuate the purposes set forth in Section 2.4, including the following:

  • Waste Borrower shall not commit or suffer any waste of the Property or make any change in the use of the Property which will in any way materially increase the risk of fire or other hazard arising out of the operation of the Property, or take any action that might invalidate or give cause for cancellation of any Policy, or do or permit to be done thereon anything that may in any way impair the value of the Property or the security of this Security Instrument. Borrower will not, without the prior written consent of Lender, permit any drilling or exploration for or extraction, removal, or production of any minerals from the surface or the subsurface of the Land, regardless of the depth thereof or the method of mining or extraction thereof.

  • Environment, Health, and Safety 24.4.1. The Supplier and its staff (and/or any sub-supplier and/or subcontractor) shall comply with the laws and regulations in force related to protection of the environment, the health and safety instructions applicable to the Goods and Services performed pursuant to the Contract and especially, if appropriate, to the Goodsand Services performedon any Site by a third company.

  • Distress Notwithstanding any provision of this Lease or any provision of any applicable legislation, none of the goods and chattels of the Tenant on the Premises at any time during the Term shall be exempt from levy by distress for Rent in arrears, and the Tenant waives any such exemption. If the Landlord makes any claim against the goods and chattels of the Tenant by way of distress, this provision may be pleaded as an estoppel against the Tenant in any action brought to test the right of the Landlord to levy such distress.

  • Health and Safety C8.1 The Contractor shall promptly notify the Authority of any health and safety hazards which may arise in connection with the performance of the Contract. The Authority shall promptly notify the Contractor of any health and safety hazards which may exist or arise at the Authority’s Premises and which may affect the Contractor in the performance of the Contract.

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