Administration of the Account Clause Samples
The 'Administration of the Account' clause defines how an account will be managed and overseen during the course of an agreement. It typically outlines the responsibilities of the parties involved, such as who is authorized to make transactions, how records are maintained, and the procedures for reporting or reconciling account activity. This clause ensures that there is a clear framework for the day-to-day handling of the account, reducing the risk of disputes or mismanagement by establishing transparent administrative processes.
Administration of the Account. 11.1. Members are to advise Club Clipsal when their business circumstances or contact details change.
11.2. Upon completing a new Member application form, Members must provide a valid ABN and email address in order for an account to be set up within our online database. If a Member has obtained their Membership pursuant to clause 8 then the ABN will be the ABN of the company that employs it.
Administration of the Account. The assets of my account will be distributed for charitable purposes, and shall be administered pursuant to the Donor Circular and the governing instruments of HOI United Way and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT as they may be amended from time to time. I understand that no grants may be made to private foundations, to satisfy a pre-existing pledge, for any private benefit or to support any political campaign activities. I also understand that the Board of Directors of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT remains the final authority to determine the amount and recipient of any grant and that grant recommendations do not have to be followed. I understand that if no grant recommendations are made for a period of five years, the Board of Directors may terminate any further right to make recommendations on the part of the donor(s). In such event, it would be my recommendation that grants be made to HOI United Way. I understand that ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT will charge administration fees against the account and pay investment management, advisory, and administrative fees in accordance with its standard procedures.
Administration of the Account. The assets of my account will be distributed for charitable purposes, and shall be administered pursuant to the Donor Circular and the governing instruments of Lifebridge Health and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT as they may be amended from time to time. I understand that no grants may be made to private non-operating foundations, to satisfy a pre-existing pledge, for any private benefit or to support any political campaign activities. I also understand that the Board of Directors of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT remains the final authority to determine the amount and recipient of any grant and that grant recommendations do not have to be followed. I understand that ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT will charge administration fees against the account and pay investment management, advisory, and administrative fees in accordance with its standard procedures.
Administration of the Account. The trust account will be maintained in accordance with the respective NCSU accounting policies and procedures. The trust account will be audited and reconciled by the NCSU College of Agriculture and Life Sciences Business Office to ensure the month-end account balance remains zero.
Administration of the Account. The assets of my account will be distributed for charitable purposes, and shall be administered pursuant to the Donor Circular and the governing instruments of Girl Scouts River Valleys and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT as they may be amended from time to time. I understand that no grants may be made to private non-operating foundations, to satisfy a pre-existing pledge, for any private benefit or to support any political campaign activities. I also understand that the Board of Directors of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT remains the final authority to determine the amount and recipient of any grant and that grant recommendations do not have to be followed. I understand that if no grant recommendations are made for a period of five years, the Board of Directors may terminate any further right to make recommendations on the part of the donor(s). In such event, it would be my recommendation that grants be made to Girl Scouts River Valleys I understand that ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ GIFT will charge administration fees against the account and pay investment management, advisory, and administrative fees in accordance with its standard procedures.
Administration of the Account. The Disbursement Committee has the authority to execute grant recommendations for my First Hand Family Fund account on my behalf upon my submission of a signed Grant Recommendation Form. The assets of my account will be distributed for charitable purposes, and shall be administered pursuant to the governing instruments of the Foundation, as they may be amended from time to time. I understand that I may make written recommendations of the qualified domestic charities and government institutions to receive grants from my account. I understand that no grants may be made to private foundations, to satisfy a pre-existing pledge, for any private benefit or to support any political campaign activities. I also understand that the Board of Directors of the First Hand Foundation remains the final authority to determine the amount and recipient of any grant and my grant recommendations do not have to be followed. I understand that the Foundation will charge administration fees charged against my account and pay investment management, advisory, and administration fees in accordance with its standard procedures.
Administration of the Account