Cooperative Operation Sample Clauses

The Cooperative Operation clause establishes the obligation for parties to work together in good faith to achieve the objectives of their agreement. In practice, this may involve sharing relevant information, coordinating activities, and promptly addressing issues that arise during the course of the project or transaction. By requiring active collaboration, the clause helps prevent misunderstandings and inefficiencies, ensuring that both parties contribute to the successful completion of their mutual goals.
Cooperative Operation. Borrower shall own and cooperatively operate the Project in accordance with this Agreement and the Program Requirements.
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Cooperative Operation. NCRA will continue to operate on a cooperative basis, as contemplated in its Bylaws, and NCRA will continue to allocate and distribute its earnings consistent with its historic patronage policy.
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Cooperative Operation. Owner will own and operate the Project as a low-income multifamily residential rental housing development property containing Dwelling Units and facilities Functionally Related and Subordinate to such Dwelling Units, in accordance with this Agreement, the Project Management Agreement, and other applicable Project Requirements.
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Cooperative Operation. This Cooperative shall be operated on a cooperative basis in carrying out its business within the scope of the powers and purposes defined in the Articles. The net earnings of this Cooperative shall be computed under generally accepted accounting principles, unless otherwise determined by the Board, provided, however, that any change shall be on a prospective basis only. The net earnings of this Cooperative in excess of amounts credited by the Board to Capital Reserves and amounts of dividends, if any, paid with respect to equity capital shall be accounted for and distributed annually on the basis of allocation units as provided in this Article VIII. Each transaction between this Cooperative and each member shall be subject to and shall include as a part of its terms each provision of the Articles and Bylaws, whether or not the Articles or Bylaws are expressly referred to in such transaction. Each member for whom this Cooperative markets or procures goods or services shall be entitled to the net income arising out of such transaction as provided in this Article VIII, unless such member and this Cooperative have expressly agreed to conduct such business on a nonpatronage basis. No nonmember for whom this Cooperative markets or procures goods or services shall be entitled to the net income arising out of said transactions as provided in this Article VIII unless this Cooperative agrees to conduct said business on a patronage basis.
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Cooperative Operation. The relationship between INFOCUS and FUNAI shall be based on good faith cooperation and due diligence. Both INFOCUS and FUNAI shall appoint one or more program managers for each project activity to function as a commercial and technical liaison to the other party. As stated in intervals reflected in the Milestones, or more frequently as needed, INFOCUS and FUNAI shall confer regarding the progress, and each party shall report to the other regarding technical details and the progress of the Development Schedule.
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Cooperative Operation 
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Related to Cooperative Operation

  • PROFESSIONAL DEVELOPMENT AND EDUCATIONAL IMPROVEMENT A. Both the Board and the Association encourage teachers to seek professional improvement. In order to assist teachers in extending and improving their skills the following plan will be implemented. B. All Teachers will be encouraged to earn a Masters degree or coursework toward additional certification that is in the field of education and within a teacher's discipline, or in an area that is beneficial to the school. C. The Board will pay teacher's expenses for undergraduate and/or graduate credits, specialty and additional endorsements under the following conditions. 1. In allocating budgeted funds priority will be given to the teachers in a “masters” program and those teachers who need to complete coursework for certification. 2. All courses must be approved, in advance, by the Superintendent. Courses for recertification purposes must be approved in advance by the certification committee and the superintendent. The teacher shall receive a written reply from the Superintendent within ten (10) days of application for course approval (See Appendix D). 3. Each teacher will be eligible for up to six (6) semester hours of credit or, if enrolled in a matriculated, organized program, 12 semester hours of credit for undergraduate will be paid if part of a graduate program or graduate courses per contract year. The Superintendent reserves the right to request intent to take courses prior to final budget preparation. Failure to communicate such intent at the time of the Superintendent’s request may jeopardize course reimbursement due to a lack of funding. 4. The administration will pay in advance the cost of the course. Presentation of evidence of satisfactory completion of the course (A grade of B or better) is the responsibility of the teacher. In the event the course is not completed or not completed satisfactorily, the teacher will refund the payment received in advance and in accordance with Appendix D – attached. 5. Teachers who resign shall not be eligible for reimbursement after the date of resignation Teachers who have been reimbursed for any course work toward securing a masters within the last two (2) years of employment shall be required to continue their service to RSU # 78 for an additional two (2) years (twenty-four months) or will be required to reimburse the district the cost associated with Masters courses taken prior to departing, Such reimbursement to the district shall be remitted via payroll deductions as arranged between the District and employee, unless the failure to continue employment is due to illness, disability, death, or reduction of position. 6. Reimbursement will only be for tuition and fees. It will not include reimbursement for mileage, books and other expenses unless the teacher is required to take the course by the administration.

  • Health Care Operations “Health Care Operations” shall have the same meaning as the term “health care operations” in 45 CFR §164.501.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, that includes the allocation of individual dwelling units to the holders of the Cooperative Shares of the Cooperative Corporation.

  • Cooperative Contract The provisions and pricing of this Contract will be extended to other California local or state governmental entities. Governmental entities wishing to use this Contract will be responsible for issuing their own purchase documents/price agreements, providing for their own acceptance, and making any subsequent payments. Contractor shall be required to include in any Contract entered into with another agency or entity that is entered into as an extension of this Contract a Contract clause that will hold harmless the County of Orange from all claims, demands, actions or causes of actions of every kind resulting directly or indirectly, arising out of, or in any way connected with the use of this contract. Failure to do so will be considered a material breach of this Contract and grounds for immediate Contract termination. The cooperative entities are responsible for obtaining all certificates of insurance and bonds required. The Contractor is responsible for providing each cooperative entity a copy of the Contract upon request by the cooperative entity. The County of Orange makes no guarantee of usage by other users of this Contract. The Contractor shall be required to maintain a list of the cooperative entities using this Contract. The list shall report dollar volumes spent annually and shall be provided on an annual basis to the County, at the County’s request.

  • Safe Operations Notwithstanding any other provision of this Agreement, an NTO may take, or cause to be taken, such action with respect to the operation of its facilities as it deems necessary to maintain Safe Operations. To ensure Safe Operations, the local operating rules of the ITO(s) shall govern the connection and disconnection of generation with NTO transmission facilities. Safe Operations include the application and enforcement of rules, procedures and protocols that are intended to ensure the safety of personnel operating or performing work or tests on transmission facilities.