Review of Fund Operations Sample Clauses

Review of Fund Operations. The Land Trust agrees that WHC, NCC and ECCC may choose to conduct their own reviews or audits of the expenditures of the Project Fund. NCC may also undertake to conduct independent audits of the expenditures of the Project Fund to ensure compliance with the Funding Agreement and the Contribution Agreement. The Land Trust will co-operate and provide access to the appropriate records to enable WHC, or NCC and, if required by NCC, ECCC, to conduct these reviews and audits. Should WHC, NCC and/or ECCC choose to conduct these reviews and audits, they will be responsible for the cost thereof.
Sample 1Sample 2Sample 3See All (9)
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Review of Fund Operations. The Land Trust agrees that WHC and ECCC may choose to conduct their own reviews or audits of the expenditures of the Project Fund. WHC may also undertake to conduct independent audits of the expenditures of the Project Fund to ensure compliance with the Funding Agreement and the Contribution Agreement. The Land Trust will co-operate and provide access to the appropriate records to enable WHC, if required by ECCC, to conduct these reviews and audits. Should WHC and/or ECCC choose to conduct these reviews and audits, they will be responsible for the cost thereof.
Sample 1Sample 2Sample 3See All (6)
Review of Fund Operations. The Organization agrees that NCC and ECCC may choose to conduct their own reviews of the expenditures of the Amount. NCC may also undertake to conduct independent audits of the expenditures of the Amount to ensure compliance with the Funding Agreement. The Organization will co-operate and provide access to the appropriate records to enable NCC and, if required by NCC, ECCC, to conduct these reviews and audits. Should NCC and/or ECCC choose to conduct these reviews and audits, they will be responsible for the cost thereof.
Sample 1Sample 2

Related to Review of Fund Operations

  • Delegation and Operation OF TOP–LEVEL DOMAIN; REPRESENTATIONS AND WARRANTIES

  • ADB’s Review of Procurement Decisions 11. All contracts procured under international competitive bidding procedures and contracts for consulting services shall be subject to prior review by ADB, unless otherwise agreed between the Borrower and ADB and set forth in the Procurement Plan. SCHEDULE 5 Execution of Project and Operation of Project Facilities; Financial Matters

  • Management and Operations 15.1 The Operator shall prepare an annual work programme and budget for each Calendar Year during the term of this Agreement. Each such work programme and budget shall set out in reasonable details, the work to be carried out, facilities to be purchased or created, training and employment programme, establishment, salaries and wages, social welfare schemes to be undertaken, and an estimate of the Expenditure to be incurred. The Operator shall present such work programme and budget to the Government and the Working Interest Owners before the start of each Calendar Year and thereafter provide a quarterly update on the implementation of such work programme and budget.

  • Use and Operation 3.1 Permitted Use ......................................................................................................

  • Ratification and operation (1) The State shall introduce and sponsor a Xxxx in the State Parliament of Western Australia prior to 31 December 2011 or such later date as may be agreed between the parties hereto to ratify this Agreement. The State shall endeavour to secure the timely passage of such Xxxx as an Act.

  • Application and Operation Subject Matter Clause No.

  • Review Process A/E's Work Product will be reviewed by County under its applicable technical requirements and procedures, as follows:

  • Maintenance and Operation Member-Generator agrees to maintain their system and facilities in accordance with applicable manufacturer's recommended maintenance schedule and standard prudent engineering practices. Member-Generator covenants and agrees to operate their system, facilities and equipment so as to minimize the likelihood for a malfunction or other disturbance, damaging or otherwise affecting or impairing Cooperative’s electrical system. Member-Generator shall comply with all applicable laws, regulations, zoning, building codes, safety rules and other environmental regulations or restrictions applicable to the design, installation, operation and maintenance of the Member-Generator's System. Member-Generator must, at least once every year, conduct a test to confirm that Member-Generator’s System automatically ceases to energize the output (interconnection equipment output voltage goes to zero) within two (2) seconds of being disconnected from Cooperative’s electrical system. Disconnecting the Member-Generator’s System from Cooperative’s electrical system at the visible disconnect switch and measuring the time required for the unit to cease to energize the output shall satisfy this test. Member-Generator shall maintain a record of the results of these tests and, upon request by Cooperative, shall provide a copy of the test results to Cooperative. If Member-Generator is unable to provide a copy of the test results upon request, Cooperative shall notify Member- Generator by mail that Member-Generator has thirty (30) days from the date Member-Generator receives the request to provide Cooperative with the results of a test. If Member-Generator does not provide Cooperative with the test results within the thirty (30) day time period or if the test results provided to Cooperative show that Member-Generator’s net metering unit is not functioning correctly, Cooperative may immediately disconnect Member-Generator’s System from Cooperative’s electrical system. If Member-Generator’s equipment ever fails this test, Member-Generator shall immediately disconnect Member-Generator’s System from Cooperative's electrical system. Member-Generator’s System shall not be reconnected to Cooperative's electrical system by the Member-Generator until Member-Generator’s System is repaired and operating in a normal and safe manner. Cooperative shall have the right to have a representative present and informed when any such tests are conducted. Cooperative does not warrant the testing procedures or results by the presence of its representative. Member-Generator is responsible for protecting their equipment from transient high voltage spikes caused by lightning and/or transient low voltage conditions caused by faults or short circuits, and from any other causes or events. Therefore, Cooperative shall not be responsible for damage to Member-Generator’s equipment allegedly caused by transient high voltage spikes caused by lightning and/or transient low voltage conditions caused by faults or short circuits or other causes or events. Member-Generator agrees to notify Cooperative no less than thirty (30) days prior to modification of the components or design of the Member-Generator’s System that in any way may degrade or significantly alter the System’s output characteristics. Member-Generator acknowledges that any such modifications will require submission of a new Application and Agreement to Cooperative.

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