Debt Management Sample Clauses

Debt Management. Payment of the participation fee is a requirement for continued participation in the SRS.

Debt Management the objective of this function is to have a system in place for the recognition of all amounts due and for the recording in a debtors' ledger of all such debts, including irregularities, prior to their receipt.

Debt Management. The University has a board of visitors-approved debt policy that defines the maximum percent of institutional resources that can be used to pay debt service in a fiscal year and the maximum amount of debt that can be prudently issued within a specific period. Annually, the board is provided a report on the University's debt-related activities. Any change in the debt policy shall be submitted to the State Treasurer for review and comment prior to their adoption by the University. The President of the University, acting through the Senior Vice President of Administration and Finance or his designee, shall continue to be authorized to create and implement any and all debt management policies as part of a system for the management of University financial resources. Pursuant to subsection C of § 23.1-1015 of the Act, the University shall have the authority to issue bonds, notes, or other obligations that do not constitute state tax-supported debt, as determined by the Treasury Board, and that are consistent with debt capacity and management policies and guidelines established by its board of visitors, without obtaining the consent of any legislative body, elected official, commission, board, bureau, or agency of the Commonwealth or of any political subdivision, and without any proceedings or conditions other than those specifically required by Article 4 of the Act, provided, however, that the University shall notify the State Treasurer of its intention to issue bonds pursuant to this policy at the time it adopts the bond issuance planning schedule for those bonds. Any new or revised debt capacity and management policy shall be submitted to the State Treasurer for review and comment prior to its adoption by the University.

Debt Management. The President, acting through the Executive Vice President and Chief Operating Officer, shall continue to be authorized to create and implement any and all debt management policies as part of a system for the management of University financial resources. Pursuant to § 23-38.108(B) of the Act, the University shall have the authority to issue bonds, notes, or other obligations that do not constitute State Tax Supported Debt, as determined by the Treasury Board, and that are consistent with debt capacity and management policies and guidelines established by its Board of Visitors, without obtaining the consent of any legislative body, elected official, commission, board, bureau, or agency of the Commonwealth or of any political subdivision, and without any proceedings or conditions other than those specifically required by Subchapter 3 of the Act; provided that, the University shall notify the Treasurer of Virginia of its intention to issue bonds pursuant to this Policy at the time it adopts the bond issuance planning schedule for those bonds. Any new or revised debt capacity and management policy shall be submitted to the Treasurer of Virginia for review and comment prior to its adoption by the University. The University recognizes that there are numerous types of financing structures and funding sources available each with specific benefits, risks, and costs. All potential funding sources shall be reviewed by the President, acting through the Executive Vice President and Chief Operating Officer, within the context of the overall portfolio to ensure that any financial product or structure is consistent with the University’s objectives. Regardless of the financing structure(s) utilized, the President, acting through the Executive Vice President and Chief Operating Officer, shall obtain sufficient documentation to gain a full understanding of the transaction, including (i) the identification of potential risks and benefits, and (ii) an analysis of the impact on University creditworthiness and debt capacity. All such debt or financial products issued pursuant to the provisions of §§ 23.38-107 and 23.38-108 of the Act shall be authorized by resolution of the Board, providing that they do not constitute State Tax Supported Debt. The University currently has established guidelines relating to the total permissible amount of outstanding debt by monitoring University-wide ratios that measure debt compared to University balance-sheet resources and annual debt service ...

Debt Management. The President of the University, acting through the Senior Vice President for Administration and Finance or designee, shall continue to be authorized to create and implement any and all debt management policies as part of a system for the management of University financial resources. Pursuant to subsection C of § 23.1-1015 of the Act, the University shall have the authority to issue bonds, notes, or other obligations that do not constitute state tax-supported debt, as determined by the Treasury Board, and that are consistent with debt capacity and management policies and guidelines established by its board of visitors, without obtaining the consent of any legislative body, elected official, commission, board, bureau, or agency of the Commonwealth or of any political subdivision, and without any proceedings or conditions other than those specifically required by Article 4 of the Act, provided, however, that the University shall notify the State Treasurer of its intention to issue bonds pursuant to this policy at the time it adopts the bond issuance planning schedule for those bonds. Any new or revised debt capacity and management policy shall be submitted to the State Treasurer for review and comment prior to its adoption by the University. The University recognizes that there are numerous types of financing structures and funding sources available, each with specific benefits, risks, and costs. All potential funding sources shall be reviewed by the President of the University, acting through the Senior Vice President for Administration and Finance or designee, within the context of the overall portfolio to ensure that any financial product or structure is consistent with the University's objectives. Regardless of the financing structure(s) utilized, the President of the University, acting through the Senior Vice President for Administration and Finance or designee, shall obtain sufficient documentation to gain a full understanding of the transaction, including (i) the identification of potential risks and benefits and (ii) an analysis of the impact on University

Debt Management. Development of an improved legal, policy and institutional framework for sustainable debt management through, inter alia: (i) the development of a policy on the criteria and limits regarding the Recipient’s public debts and guarantees; (ii) the adoption and implementation of a plan to reduce the stock of domestic debt and expenditure arrears; (iii) the strengthening of MOFED’s debt database; (iv) the drafting of revisions to relevant legal instruments governing debt management; (v) the establishment of a system for regular analysis of the fiscal position and risks arising from state-owned enterprises; and (vi) the setting-up of mechanisms for cross-government coordination on debt management policy and analysis.

Debt Management. Agency procedures will be followed for overpayments and delinquent ▇▇▇▇▇▇▇▇ per the Debt Collection Improvement Act of 1996 (DCIA) and pertinent Alaska State Statutes.

Debt Management. The President, acting through the Senior Vice President for Finance and Administration or other designee, is authorized to create and implement any and all debt management policies as part of a system for the management of University financial resources. Pursuant to subsection B of § 23-38.108 of the Act, the University shall have the authority to issue bonds, notes, or other obligations that do not constitute State Tax Supported Debt, as determined by the Treasury Board, and that are consistent with the University’s debt-management policy established by its Board of Visitors, without obtaining the consent of any legislative body, elected official, commission, board, bureau, or agency of the Commonwealth or of any political subdivision, and without any proceedings or conditions other than those specifically required by Subchapter 3 of the Act; provided that, the University shall notify the Treasurer of Virginia of its intention to issue bonds pursuant to this Policy at the time it adopts the bond issuance planning schedule for those bonds. Any new or revised debt capacity and management policy shall be submitted to the Treasurer of Virginia for review and comment prior to its adoption by the University.

Debt Management. Tax debts can either be paid voluntarily by the taxpayer or be collected through enforcement action. Whenever a debt is not settled within the due date, reminders are issued to the taxpayer requesting him to settle the tax due, together with accrued penalties and interests. In case the amount due following reminders is not paid, enforcement actions are then taken to recover the tax due. During 2016-17, final claims were issued in 9,578 cases whereby the tax amount totalled Rs 3,602,324,465. In addition, agreements were also reached in 975 cases for a total tax amount of Rs 359,956,894. The various enforcement actions provided under various Tax Acts taken by the MRA during 2016-17 are listed in Table 6-11 Table 6-11 Enforcement Tools Used during 2016-17 No Assessed Amount (Rs) Attachment Order (Salary) 44 1,441,994 Attachment Order 2,806 922,896,828 Distress Warrants 38 60,751,241 Inscription 757 1,416,181,970 Renewal 200 828,713,173 Objection To Departure 20 26,566,739 Prosecution 4 13,447,849 Prior Notice Contrainte 35 143,693,210 The effectiveness of the above Enforcement Tools could, however, not be measured. I was informed that the current Debt Management Module did not fully cater for prompt retrieval of information in that respect and that a solution would be proposed in the new upgraded Tax Revenue Management Module of SAP system, which was expected to be implemented around June 2017.