Fiscal Closeout definition

Fiscal Closeout. The process by which ETP determines the actual amount of Payment Earned for all trainees, reconciling the Final Payment with the first two Progress Payments. ETP will give Contractor written Notice of any overpayment that results from Fiscal Closeout within a reasonable time after the term of this Agreement.
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Fiscal Closeout. The process by which ETP determines the actual amount of Payment Earned for all trainees, reconciling the Final Payment with the first two Progress Payments. ETP will give Contractor written Notice of any overpayment that results from Fiscal Closeout within a reasonable time after the term of this Agreement. Frontline Worker: These are employees who directly produce goods or deliver services. In general they are eligible for overtime compensation, regardless of job title. Managers and Supervisors as defined below are not Frontline Workers. [Section 4400(ee).] Full-time: Employment of at least 35 hours a week, with exceptions for special programs. [Section 4400(h).]
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Fiscal Closeout. The process by which ETP determines the actual amount of Payment Earned for all trainees, reconciling the Final Payment with the first two Progress Payments. ETP will give Contractor written Notice of any overpayment that results from Fiscal Closeout within a reasonable time after the term of this Agreement. Frontline Worker: These are employees who directly produce goods or deliver services. In general they are eligible for overtime compensation, regardless of job title. Managers and Supervisors as defined below are not Frontline Workers. [Section 4400(ee).] Full-time: Employment of at least 35 hours a week, with exceptions for special programs. [Section 4400(h).] Funding Limitations: These are industries and occupations identified by the Panel as its lowest priority for funding, and thereby precluded from participation in an ETP funded program, as identified by the Panel on the ETP website Funding Limitations, as of the effective date of this Agreement.
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Examples of Fiscal Closeout in a sentence

  • The Fiscal Closeout invoice should be submitted to ETP no later than 30 days after the term of this Agreement has ended.

  • Contractor agrees to maintain all rosters, records and other writings that pertain to the delivery of services under this Agreement for a period of no less than four years from termination of this Agreement, or three years from Fiscal Closeout, whichever is later.

  • The total payments must be reconciled for all trainees taken as a whole, at the time of Fiscal Closeout.

  • The total payments must be reconciled for all trainees taken as a whole at the time of Fiscal Closeout.

  • This right begins upon the effective date of this Agreement, and extends to 4 years from termination of this Agreement or 3 years from Fiscal Closeout or appeal resolution, whichever is later.

  • The Fiscal Closeout invoicing should be submitted to ETP no later than 30 days after this Agreement has terminated.

  • The Fiscal Closeout invoicing should be submitted to ETP no later than 30 days after this Contract has terminated.

  • Grantee shall issue a Fiscal Closeout Report at the end of the fiscal year.

  • Final Payments are reconciled with individual unearned progress payments and are not considered earned until the Fiscal Closeout of the Agreement.

  • Final Payments are reconciled with individual unearned progress payments and are not considered earned until the Fiscal Closeout of the Contract.

Related to Fiscal Closeout

  • Final Closing means the last closing under the Private Placement;

  • Final closure means the closure of all hazardous waste management units at the facility in accordance with all applicable closure requirements so that hazardous waste management activities pursuant to 35 Ill. Adm. Code 724 and 725 are no longer conducted at the facility unless subject to the provisions of 35 Ill. Adm. Code 722.134.

  • Final Closing Statement has the meaning set forth in Section 2.4(a).

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Financial Close means the Capacity Market Seller has demonstrated that the Capacity Market Seller or its agent has completed the act of executing the material contracts and/or other documents necessary to (1) authorize construction of the project and (2) establish the necessary funding for the project under the control of an independent third-party entity. A sworn, notarized certification of an independent engineer certifying to such facts, and that the engineer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration. For resources that do not have external financing, Financial Close shall mean the project has full funding available, and that the project has been duly authorized to proceed with full construction of the material portions of the project by the appropriate governing body of the company funding such project. A sworn, notarized certification by an officer of such company certifying to such facts, and that the officer has personal knowledge of, or has engaged in a diligent inquiry to determine, such facts, shall be sufficient to make such demonstration.