TOTAL FUNDING CEILING AND PAYMENTS Sample Clauses

TOTAL FUNDING CEILING AND PAYMENTS. Calculations of the Total Funding Ceiling are provided in Annex II. The Total Funding Ceiling includes both Direct Costs and Indirect Costs of the UN Partner explained in Annex V. Cumulative disbursements under this Agreement shall not exceed the Total Funding Ceiling unless it is revised through a written amendment approved by the Bank in response to the Government’s request. The Government confirms to the UN Partner that the Government’s disbursements under this Agreement are, in all respect, consistent with the terms and conditions of the Financing Agreement, and no party other than the Government shall derive any rights from the Financing Agreement or have any claim to the Financing proceeds. The payments to the UN Partner under this Agreement shall be made in accordance with the Payment Schedule. The Government will make the payments (either directly or by authorizing the Bank to pay on the Government’s behalf) to the UN Partner account, by wire transfer against the documents set out in the Payment Schedule. All payments will be made in United States dollars. The UN Partner will receive and administer the funds received under this Agreement in accordance with the UN Partner’s regulations, rules, policies and procedures. Any interest derived by the UN Partner from the funds received under this Agreement will be dealt with in accordance with the UN Partner’s regulations, rules, policies and procedures. The UN Partner will maintain a separate identifiable fund code (ledger account or “Account”) to which all UN Partner’s receipts and disbursements for the purposes of this Agreement will be recorded. The ledger account shall be subject exclusively to the UN Partner’s internal and external audit in accordance with the UN Partner’s financial regulations and rules. The Parties acknowledge that the UN Partner’s financial books and records are routinely audited in accordance with the internal and external auditing procedures laid down in the UN Partner’s financial regulations and rules, and that the external auditors of the UN Partner are appointed by and report to the UN Partner’s policymaking organ. Throughout the term of this Agreement, the UN Partner will ensure that its audited accounts and the External Auditors’ Report are posted on its website within ten (10) days of their becoming public documents by reason of being presented to the UN Partner’s policymaking organ. In the event that the final financial statement to be provided under Xxxxx XXX (the “Fina...
Sample 1Sample 2Sample 3See All (37)
AutoNDA by SimpleDocs
TOTAL FUNDING CEILING AND PAYMENTS. 6. Calculations of the Total Funding Ceiling are provided in Annex II. The Total Funding Ceiling includes Direct Costs and Indirect Costs of the UN Partner, explained in Annex V.
Sample 1Sample 2Sample 3See All (9)
TOTAL FUNDING CEILING AND PAYMENTS. 4. The Government shall be responsible for promptly paying all amounts indicated in any Pro Forma Invoice(s) accepted by the Government, either directly of by authorizing the Bank to pay on the Government’s behalf.
Sample 1Sample 2
TOTAL FUNDING CEILING AND PAYMENTS. Cumulative payments (disbursements) by the Government under this Agreement shall not exceed the Total Funding Ceiling unless it is revised through a written amendment approved by the Bank. The UN Partner takes note that the Government’s disbursements are subject, in all respects, to the terms and conditions of the Financing Agreement; and no party other than the government shall derive any rights from the Financing Agreement or have any claim to the Financing proceeds. The payments under this Agreement shall be made by the Government upon receipt of the Pro Forma Invoice (Annex II). All payments to the UN Partner under this Agreement will be made in United States dollars. The UN Operational Rate of Exchange shall be used for converting expenditures to suppliers made in other currencies. UNOPS ledger account established for the purpose of recording use of funds related to this Agreement shall be subject exclusively to internal and external audit in accordance with UNOPS financial regulations and rules, and that the eternal auditors of UNOPS, the United Nations Board of Auditors, are appointed and report to the United Nations General Assembly, of which the government of the Government is a member. Throughout the term of this Agreement, UNOPS will ensure that its audited accounts and the External Auditors’ Report is posted on its website within ten (10) days of these becoming public documents by reason of being presented to the United Nations General Assembly.
Sample 1

Related to TOTAL FUNDING CEILING AND PAYMENTS

  • Funding and Payment A. Tuition and fee payments in the amounts set forth in Section 6 are due from students at registration. A payment plan is available upon request. Payment is required by the stated due date; all tuition and fees must be collected and remitted to the College prior to the beginning of classes. Failure to pay by the due date will result in the student being dropped from classes.

  • Pricing and Payment Prices for each Product and any terms and conditions for invoicing and payment will be established by Customer’s Reseller.

  • Billing and Payments Transmission Provider shall bill the Interconnection Customer for the Costs associated with the facilities contemplated by this ISA, estimates of which are set forth in the Specifications to this ISA, and the Interconnection Customer shall pay such Costs, in accordance with Section 11 of Appendix 2 to this ISA and the applicable Interconnection Construction Service Agreement. Upon receipt of each of Interconnection Customer’s payments of such bills, Transmission Provider shall reimburse the applicable Interconnected Transmission Owner. Pursuant to Section 212.4 of the Tariff, Interconnection Customer requests that Transmission Provider provide a quarterly cost reconciliation: Yes X No

  • Billing and Payment The Price will be itemized and included on your xxxx from the DSP, and is due and payable to the DSP on the same day your DSP xxxx is due. You will continue to be billed by your DSP taxes and other charges consistent with filed tariffs at the Illinois Commerce Commission to transmit and distribute the Retail Power supplied to you per this Agreement. You should continue to follow any xxxx payment procedures set forth between you and the DSP. You agree to accept the measurements as determined by the DSP for purposes of accounting for the amount of Retail Power services provided by DES under this Agreement. If the DSP is unable to read your meter, the DSP will estimate your usage and your charges will be calculated accordingly and adjusted on a future xxxx. DES’S ability to supply you under this Agreement is conditioned on the DSP accepting DES’S enrollment of your account for consolidated billing and purchase of receivables by the DSP. If you are not eligible for your DSP’s consolidated billing and purchase of receivables, you will need to secure eligibility with your DSP before DES can serve you. Should the DSP cease providing consolidated billing and purchase of receivables for your account and/or commence billing DES for any charges relating to you, DES will xxxx you directly and you will pay DES for all such charges pursuant to the payment provisions specified in DES’S xxxx.

  • BILLING AND PAYMENT OF CHARGES 8.1 Unless otherwise stated, each Party will render monthly xxxx(s) to the other for Interconnection, Resale Services, Network Elements, functions, facilities, products and services provided hereunder at the rates set forth in the applicable Appendix Pricing, as set forth in applicable tariffs or other documents specifically referenced herein and, as applicable, as agreed upon by the Parties or authorized by a Party.

  • Billing and Payment Terms Customer will be billed monthly in advance of the provision of Internet Data Center Services, and payment of such fees will be due within thirty (30) days of the date of each Exodus invoice. All payments will be made in U.S. dollars. Late payments hereunder will accrue interest at a rate of one and one-half percent (1 1/2%) per month, or the highest rate allowed by applicable law, whichever is lower. If in its judgment Exodus determines that Customer is not creditworthy or is otherwise not financially secure, Exodus may, upon written notice to Customer, modify the payment terms to require full payment before the provision of Internet Data Center Services or other assurances to secure Customer's payment obligations hereunder.

  • Linking and Unlinking a Funding Source All money in your account is legally termed “electronic money”, which is recognised throughout the European Economic Area as a form of money suitable for use online. You can use a funding source as a way to pay us to obtain electronic money in your account or to receive withdrawals from your account, as further outlined in this user agreement (see in particular Adding or Withdrawing Money and Funding your Payment. You can link or unlink a credit card, debit card, a prepaid card (where available) a bank account or PayPal Credit (where available) to your PayPal account as a funding source. We may limit the availability of your funding sources to manage our risk. Please keep your funding source information current (e.g. credit card number and expiration date). If this information changes, we may update it using information and third-party sources available to us without any action on your part. If you do not want us to update your card information, you may contact your issuer to request this or remove your funding source from your PayPal account. If we update your funding source, we will keep any preference setting attached to that funding source. You may choose to confirm your card or bank account, so that we can verify that the card or bank account is valid and that you are its owner. We may allow you to do this by following the Link and Confirm Card process (for cards) or the Bank Confirmation process (for bank accounts) or other processes which we may notify to you or which we may publish from time to time. Your continuous permission for us to charge your funding sources By linking a funding source to your PayPal account, you give us continuous permission to automatically charge that funding source (subject to this user agreement and the terms of any mandate (e.g. bank direct debit) used by the provider of that funding source to set up and maintain that authority) for the required value of the electronic money: • to cover the payment amount (plus all transaction fees payable to us) when you use your account to send a payment to another user; and • to top up your account when you use the Add Funds functionality account interface. We may charge the funding source again if the previous attempt failed. If you cancel any continuous permission from your funding source, you will reimburse us for the value of any electronic money we’ve already issued for which a charge from that funding source remains outstanding. You can stop the permission by unlinking the funding source from your PayPal account. Risk of reversals to your funding source and when eCheques may arise When we receive a payment from your funding source we may store the resulting electronic money in your reserve account for as long as we have reason to believe that there is risk of reversal by the funding source provider. This is because we do not have all the information necessary to place the funds from your payment at your disposal in your PayPal balance while there is such a risk of reversal. When you instruct us to make a payment from your account to another user funded by a payment from your bank account and we store the resulting electronic money in this way, we call this type of payment from your bank account an “eCheque” payment. See Funding payments you send from your account below for how we use eCheques.

  • INVOICING AND PAYMENTS II.4.1 Pre-financing: Where required by Article I.5.1, the Contractor shall provide a financial guarantee in the form of a bank guarantee or equivalent supplied by a bank or an authorised financial institution (guarantor) equal to the amount indicated in the same Article to cover pre-financing under the Contract. Such guarantee may be replaced by a joint and several guarantee by a third party. The guarantor shall pay to the Agency at its request an amount corresponding to payments made by it to the Contractor which have not yet been covered by equivalent work on his part. The guarantor shall stand as first-call guarantor and shall not require the Agency to have recourse against the principal debtor (the Contractor). The guarantee shall specify that it enters into force at the latest on the date on which the Contractor receives the pre-financing. The Agency shall release the guarantor from its obligations as soon as the Contractor has demonstrated that any pre-financing has been covered by equivalent work. The guarantee shall be retained until the pre-financing has been deducted from interim payments or payment of the balance to the Contractor. It shall be released the following month. The cost of providing such guarantee shall be borne by the Contractor.

Time is Money Join Law Insider Premium to draft better contracts faster.