OPERATIONAL FUNDING Sample Clauses

OPERATIONAL FUNDING. 5.1 In accordance with clause 30.1 of the Framework Agreement, and subject to appropriation by Parliament and the approval of the Treasury Board of Canada, Canada shall provide Operational Funding to the First Nation as indicated in Annex “A” in accordance with the Operational Funding Formula as amended from time to time.
AutoNDA by SimpleDocs
OPERATIONAL FUNDING. 30.1 An individual agreement between the Minister and a First Nation will determine the resources to be provided by Canada to the First Nation to manage First Nation lands and make, administer and enforce its laws under a land code. The agreement will determine specific funding issues, for example period of time, and terms and conditions.
OPERATIONAL FUNDING. The term "Operational Funding" shall mean the funding necessary to operate the call-taking, teletype (queries only) and dispatch functions of the Consolidated Regional E-911 Communications System, subject to the appropriation and availability of adequate funds by COUNTY.
OPERATIONAL FUNDING. The City will fund certain eligible SAAC costs in the amount of ONE MILLION DOLLARS AND NO CENTS ($1,000,000.00) which may include start-up expenses, professional fees, management and labor costs, and the costs of service contracts incurred by SAAC in connection with its role in the commissioning and operation of its services and operational reserves to provide the services outlined in this Agreement. This funding will be provided at an interest rate of 1.5% annually. The City will pay the Funds to SAAC, as agent for certain airlines, in a lump-sum payment to be disbursed thirty (30) days prior to operational start-up in accordance with any and all agreements between the City, airlines and SAAC. SAAC shall reimburse the City in three installments according to the following schedule: • $333,333 plus associated interest charges within one (1) year of operational start-up • $333,333 plus associated interest charges within two (2) years of operational start-up • $333,334 plus associated interest charges within three (3) years of operational start-up The City will allow prepayment of the Operational Funding plus interest through the date of prepayment, without penalty. Further, if at the end of the third year the total amount of the advance plus interest is not recovered, the City may recover the unpaid amount by placing a surcharge on Airline’s (together with other airlines) rents and fees until the total amount of the advance and interest are recovered. The surcharge will not exceed the unpaid balance on the loan. The unpaid balance will be allocated according to the Common Use Formula.
OPERATIONAL FUNDING. In this section Canada is agreeing to provide a base amount of operational funding to Fort XxXxx First Nation. • To help with the initial Land Code implementation Fort XxXxx First Nation will also receive payments of $75,000 for the first and second year once the land code is operational.
OPERATIONAL FUNDING. This section confirms that Canada will provide Tahltan Band with funding for administering and managing reserve lands. The amount of funding is determined by a funding formula that would provide Tahltan Band with $279,536.00 for the first fiscal year. This funding amount may be amended from time to time, and the funding formula is outlined in Annex A.
OPERATIONAL FUNDING. The Parties agree that, due to its unique position among the Parties, Water Trust may reimburse itself from the Management Committee Account for its time and resources spent on the Plan. Water Trust shall provide the Management Committee with an accounting of such reimbursements, in the form of detailed accounting provided to the Management Committee, which shall include, among other relevant information as may be requested by the other Parties from time to time, a specification of: (a) the costs incurred by Water Trust; (b) the hours spent by Water Trust staff on the Plan; (c) the rate(s), as may change from time to time, claimed for Water Trust staff; and (d) a description of the associated task so claimed by Water Trust.
AutoNDA by SimpleDocs
OPERATIONAL FUNDING. This section obligates Canada to provide the Animbiigoo Zaagi’igan Anishinaabek with funding and resources for managing reserve lands. The amount of funding is set out in “Annex A”. The amount of FN operational funding is based upon a variety of factors as outlined in the Memorandum of Understanding on Funding (October 19, 2011) that would give Animbiigoo Zaagi’igan Anishinaabek $208 508 for the first fiscal year.
OPERATIONAL FUNDING. This section outlines Canada`s obligations to fund the Xxxxxxxxxx First Nation as required by the Framework Agreement. On an annual basis, Canada shall provide Operational Funding in the amount of $251,636 to the Xxxxxxxxxx First Nation as indicated in “Annex Ain accordance with the Operational Funding Formula as amended from time to time. In addition to Operational Funding, Xxxxxxxxxx First Nation will also receive Transitional and Environmental Funding. Xxxxxxxxxx First Nation will receive one- time payments of $75,000 for the first fiscal year and $75,000 for the second fiscal year.
OPERATIONAL FUNDING. Ongoing activities will require a level of funding determined through the development of the annual KCFF Work Plan and Budget by the KCFF MANAGEMENT COMMITTEE and supported by CKL and PKED annual budget processes. Where financial support for a collaborative KCFF project is provided by one party to the other, having the lead for a project, the receiving party will track receipts and spending and report annually to the other party through financial statements.
Time is Money Join Law Insider Premium to draft better contracts faster.