SCHOOL - I-VRM RESPONSIBILITY Sample Clauses

SCHOOL - I-VRM RESPONSIBILITY. 1. Coordinator/Nodal Officer from Institution: Nodal Officer Responsibility towards implementation of Digital Campus: The Institution shall identify Coordinators/Nodal Officer who should be the single point contact for liaisoning with the Company on all matters related to this project and has to be identified within one week from the date of the MOU and communicated to the Company through the Institution’s official letterhead / email. The Coordinator/nodal officer appointed for this task must be a permanent employee who can understand the departmental functions and has the capacity to coordinate with the IT functions of the I-VRM software. If the coordinator/nodal officer resign from the institution, the Institution shall ensure that the outgoing nodal officer will properly transfer the knowledge or train the new nodal officer about this project. The institution should ensure that there should not be frequent change in Nodal Officers appointed for this project. The Nodal officer will take care of further training or configuration changes wherever required.
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Related to SCHOOL - I-VRM RESPONSIBILITY

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  • Compensation The Depositor shall receive at the times set forth in Sections 3.05, 3.18, 3.23 and 4.03 as compensation for performing portfolio supervisory services, bookkeeping and administrative expenses and evaluation services, such amount and for such periods as specified the Prospectus and/or Reference Trust Agreement. The compensation for providing portfolio supervisory services, bookkeeping and administrative expenses and evaluation services shall be made on the basis of the largest number of units outstanding at any time during the period for which such compensation is being computed. At no time, however, will the total amount received by the Depositor for services rendered to all series of Guggenheim Defined Portfolios in any calendar year exceed the aggregate cost to them of supplying such services in such year. Such rate may be increased by the Trustee from time to time, without the consent or approval of any Unitholder, or the Depositor, by amounts not exceeding the proportionate increase during the period from the date of such Prospectus and/or Reference Trust Agreement to the date of any such increase, in consumer prices as published either under the classification "All Services Less Rent" in the Consumer Price Index published by the United States Department of Labor or, IF such Index is no longer published, a similar index. In the event that any amount of the compensation paid to the Depositor pursuant to Sections 3.05, 3.18 and 3.23 and 4.03 is found to be an improper charge against a Trust, the Depositor shall reimburse the Trust in such amount. An improper charge shall be established if a final judgment or order for reimbursement of the Trust shall be rendered against the Depositor and such judgment or order shall not be effectively stayed or a final settlement is established in which the Depositor agrees to reimburse the Trust for amounts paid to the Depositor pursuant to this Section 7.05.

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