Transition funding Clause Samples

The Transition Funding clause outlines the provision of financial resources to support a party during a changeover period, such as when services, operations, or responsibilities are being transferred. Typically, this clause specifies the amount, timing, and conditions under which funds will be made available, ensuring that the recipient can maintain continuity and cover necessary expenses during the transition. Its core function is to prevent disruptions and financial shortfalls during periods of organizational or contractual change, thereby facilitating a smooth and effective handover process.
Transition funding. For the purposes of applying section 1905(c)(2) of this title to Palau, the terms ‘‘fiscal year 1987’’, ‘‘fiscal year 1988’’, and ‘‘fiscal year 1989’’ in section 104(c) of Public Law 99–658 shall be deemed to be the first, second, and third fiscal years, respectively, beginning after the effective date of the Compact. (Pub. L. 101–219, title I, § 113, Dec. 12, 1989, 103 Stat. 1873.) Section 104(c) of Public Law 99–658, referred to in text, is section 104(c) of Pub. L. 99–658, title I, Nov. 14, 1986, 100 Stat. 3676, which amended section 1905 of this title. For Oct. 1, 1994, as the effective date of the Compact of Free Association with Palau referred to in text, see Proc. No. 6726, Sept. 27, 1994, 59 F.R. 49777, set out as a note under section 1931 of this title. Section was formerly set out as a note under section 1681 of this title.
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Transition funding. For the purposes of applying section 1905(c)(2) of this title to Palau, the terms ‘‘fiscal year 1987’’, ‘‘fiscal year 1988’’, and ‘‘fiscal year 1989’’ in section 104(c) of Public Law 99–658 shall be deemed to be the first, second, and third fiscal years, respectively, beginning after the effective date of the Compact. (Pub. L. 101–219, title I, § 113, Dec. 12, 1989, 103 Stat. 1873.)
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Transition funding. The Acquisition PM must provide the best estimate of the annual RDT&E funding required to further engineer (typically from TRL 6 to TRL 9) and integrate the Product into an acquisition POR or directly to the Fleet/Force. Procurement costs are not desired unless required via an alternative transition path. List only the actual amount of RDT&E funding required to integrate the Product into the POR. The identified transition funding is a planning estimate used by the Acquisition PM and RS to ensure funds can be programmed to transition the Product when it is completed. For the Level B TTA, the Acquisition PM is identifying the best estimates of the transition funding that will be required while the Resource Sponsor is certifying that the funds are planned and will begin NLT the first year after the last year of S&T funding.
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Transition funding. (A) Pursuant to the Settlement Agreement, UCF has agreed to pay $15,000,000 of Transition Funds to Osceola County on the following schedule: $7,500,000 on the Effective Date, $5,000,000 on July 25, 2021, and $2,500,000 on July 25, 2022. Osceola County agrees to enforce the Settlement Agreement against UCF at its own expense, including any necessary actions for specific performance, if required to compel timely payment of the Transition Funds by UCF to Osceola County when and as payment of the Transition Funds are due pursuant to the Settlement Agreement. Osceola County shall establish a trust fund (the “Center for NeoVation Trust Fund”) and deposit all funds paid by UCF to Osceola County under the Settlement Agreement into the Center for NeoVation Trust Fund within two business days of Osceola County’s receipt of such funds. Osceola County shall provide prompt written notice to SkyWater of Osceola County’s deposit of any funds in the Center for Neovation Trust Fund. Amounts on deposit in the Center for NeoVation Trust Fund shall be used only (1) to reimburse UCF for the cost of operating the Center for NeoVation between January 12, 2021 (or such later date as existing UCF funds are sufficient for such operations) and January 31, 2021; (2) to satisfy BRIDG’s payment obligations to SkyWater under the Semiconductor Line Operation Agreement; and (3) for capital improvements that would enhance the microelectronics manufacturing capability of the Center for NeoVation, including but not limited to the acquisition and installation of Tools, as directed by SkyWater in its reasonable judgment. (B) With respect to clause (1) of the foregoing subsection (A), payment shall be made to UCF from funds on deposit in the Center for NeoVation Trust Fund upon presentation of an invoice by UCF to Osceola County. Promptly upon receipt, Osceola County shall provide a copy of such invoice to SkyWater. (C) With respect to clause (2) of the foregoing subsection (A), payments shall be made to BRIDG and deposited in a separate, restricted BRIDG bank account (the “Restricted BRIDG Account”) from funds on deposit in the Center for NeoVation Trust Fund in an amount necessary to satisfy BRIDG’s payment obligations to SkyWater under in the Semiconductor Line Operation Agreement, upon presentation of invoices from time to time by BRIDG to Osceola County. Without limiting the foregoing, all monthly access fees payable to SkyWater under the Semiconductor Line Operation Agreement shall be dep...
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Transition funding. FDK Transition funding was established in 2012-13 to help child care centres on-reserve transition during FDK implementation. FDK is now fully implemented and the ministry has integrated this funding within the larger child care allocation under Transformation Funding.
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Related to Transition funding

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Transition Planning The AGENCY will be responsible for the development of the student’s Transition Plan, which begins upon entry and is completed prior to the student’s exit.

  • Student Responsibilities The school provided Chromebook for the student is an important learning tool to be used for educational purposes. In order to use the device each day, the student must be willing to accept the following responsibilities: ● I understand that district officials have the ability to monitor my use of the device AT ALL TIMES IN AND OUT OF SCHOOL and that communications, files, internet search activities, and any other actions using the device are not considered to be private. Note: RCCSD does not have the ability to and will not remotely operate the camera on the device. However, students can cover it when not in use to ensure others are not. ● I understand that the device assigned to me is on loan from Red Clay Consolidated School District. All accounts, programs, and files are subject to inspection at any time without notice. ● I will be responsible for ALL damage or loss of the device due to NEGLECT OR ABUSE including dropping it, getting it wet, and spills of food or drink. ● I will not try to repair my Chromebook. ● At ALL times when using my Chromebook, I will follow the Acceptable Use, Internet Safety Policy, and Student Code of Conduct, and related policies adopted by the Board of Education, and abide by all local, state, and federal laws. ● I will talk with my parent/guardian about their ground rules for going online when not at school. ● I will notify the school principal and my parents of any damage to the device as soon as possible. ● I will charge the Chromebook battery each night and will bring my Chromebook to school every day or be prepared for remote learning. ● I will keep my Chromebook clean. ● I will not lend my device to anyone. This includes family members and friends. Note: I could be held responsible for any inappropriate content on the District issued Chromebook. ● I will keep all passwords assigned to me secure. ● I will only use my account credentials to sign into my Chromebook. ● I am allowed to connect to non-district printers and wireless networks at home and in public places. ● I agree that e-mail or any other computer communication should be used only for appropriate, legitimate, and responsible communication. ● I agree not to share personal information about myself (full name, address, etc.) or about my family, friends or anyone else. ● I agree not to search for, download, display, post, or distribute vulgar, offensive material or images described in applicable district policies. (See the student handbook and/or the district's Acceptable Use Agreement.) ● I agree to abide by all school rules that address electronic device procedures. ● I will return the device when requested, at the end of the school year or upon my withdrawal. ● I agree to not deface or destroy this property in any way. Inappropriate use of the machine may result in the student losing their right to use the Chromebook. ● I understand that identification labels have been placed on the Chromebook. These labels are not to be removed or modified. Additional stickers, labels, tags, or markings of any kind are NOT to be added to the machine.

  • Transition Seller will not take any action that is designed or intended to have the effect of discouraging any lessor, licensor, customer, supplier, or other business associate of the Company from maintaining the same business relationships with the Company after the Closing as it maintained with the Company prior to the Closing. The Seller will refer all customer inquiries relating to the business of the Company to the Purchaser from and after the Closing.

  • Transition Matters The Consultant shall render such ------------------ services to Purchaser as the Consultant and the President of the Purchaser (or his designee) shall mutually agree with respect to (i) Purchaser and Company business matters relating to the transition period prior to and following the Merger and (ii) integration of the business of the Company with the business of Purchaser.