Duties of the Applicant Sample Clauses

The "Duties of the Applicant" clause defines the specific responsibilities and obligations that the applicant must fulfill under the agreement. Typically, this includes providing accurate information, submitting required documents, and complying with relevant procedures or timelines set by the other party or regulatory authorities. By clearly outlining these duties, the clause ensures that both parties understand what is expected from the applicant, thereby reducing misunderstandings and helping to facilitate a smooth application or approval process.
Duties of the Applicant. Applicant shall have and perform the duties, obligations, and responsibilities in accordance with the application attached as Exhibit “1”. Applicant agrees Applicant shall only be eligible for reimbursement if Applicant meets all of the following requirements: 4.1 All grant funding must be used for the Event in accordance with the provisions of §125.0104, Florida Statutes; 4.2 At least of Twenty-Five Percent (25%) of the total grant funding award (i.e., $) must be used to for “Out of County” marketing of the Event. “Out of County” marketing is defined as advertising, promotion, direct sales, publicity and sales activities that take place and are directly targeted to persons and groups that live outside the boundaries of Alachua County, and whose purpose is to attract tourists to Alachua County; 4.3 No more than Seventy-Five Percent (75%) of the total grant funding award (i.e., $) may be used for Operational expenses for the Event, as set forth in the application (Exhibit “1”) and Revised Event Budget for Tourist Development Fund Expenditures, which is attached hereto and incorporated by reference as Exhibit “2” to this Agreement; The Parties acknowledge that Non-Allowable Expenses under this Agreement include: • Annual operating expenditures of the Applicant; • Professional, legal, medical, engineering, accounting, auditing, or other consulting services; • Salaries of full-time staff or supplements for salaries of existing staff and employment of personnel not directly related to the Event; • Real property purchases, capital improvements, including but not limited to new construction, renovation, restoration and installation or replacement of fixtures; • Tangible personal property, including but not limited to office furnishings or equipment, tents or other outdoor items, electronics, permanent collections or individual pieces of art; • Interest or reduction of deficits or loans, and expenses incurred or obligated prior to or after the funding period; • Travel, accommodations, and personal expenses for the Applicant’s staff or board members; • Events which are restricted to private or exclusive participation and private entertainment, food or beverages (i.e., members only events); • Making payments or reimbursements for good or services purchased for previous or other events, or invoices paid outside of the Term of this Agreement; • Fundraisers that benefit organizations other than the Applicant; • Awards; • Political events; • Contest prizes; and
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Duties of the Applicant. (a) The Applicant shall fulfill the requirements for the Substantial Rehabilitation of the Project approved by the Commission and, in addition thereto, the Applicant specifically covenants that:
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Duties of the Applicant. The Applicants shall notify the Trustee immediately on the occurrence of an ICA Event.
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Duties of the Applicant. Applicant shall have and perform the duties, obligations, and responsibilities in accordance with the application attached as Exhibit “1”. Applicant agrees Applicant shall only be eligible for reimbursement if ▇▇▇▇▇▇▇▇▇ meets all of the following requirements: 4.1 All grant funding must be used for the Event in accordance with the provisions of §125.0104, Florida Statutes; 4.2 At least of Twenty-Five Percent (25%) of the total grant funding award (i.e., $) must be used to for “Out of County” marketing of the Event. “Out of County” marketing is defined as advertising, promotion, direct sales, publicity and sales activities that take place and are directly targeted to persons and groups that live outside the boundaries of Alachua County, and whose purpose is to attract tourists to Alachua County; 4.3 No more than Seventy-Five Percent (75%) of the total grant funding award (i.e., $) may be used for Operational expenses for the Event, as set forth in the application (Exhibit “1”) and Revised Event Budget for Tourist Development Fund Expenditures, which is attached hereto and incorporated by reference as Exhibit “2” to this Agreement; This grant will not reimburse for the following non-allowable expenditures: 1. Salaries, benefits, travel, or expenses of personnel not directly related to the creation of the programs, events or attractions that are open to the public. 2. Payment of any bills of a personal nature, such as rent, mortgage, utilities, personal vehicles. 3. Real property; capital improvements, including but not limited to new construction, renovation, restoration, installation or replacement of fixtures, and tangible personal property. 4. Interest or reduction of deficits or loans, fines, penalties, or cost of litigation. 5. Member-only events, entertainment, food or beverages for private events; 6. Events which are restricted to private or exclusive particiapton, including camps and classes. 7. Making payments or reimbursements for goods or services purchased for previous or other events, invoices paid outside of contract period. 8. Advertising, printing, or other expenses that omit the Visit Gainesville, Alachua County, FL logo and recognition. 9. Benefits, projects, and fundraisers that benefit organizations other than the contracted applicant. 10. Benefits and projects planned primarily for fundraising purposes. 11. Prize money, scholarships, awards, plaques, certificates, or contributions. 12. Political events.
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Duties of the Applicant. Applicant shall have and perform the duties, obligations, and responsibilities in accordance with the application attached as Exhibit “1” and incorporated
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Duties of the Applicant 
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Related to Duties of the Applicant

  • Duties of the Agent (a) The Agent shall promptly forward to a Party the original or a copy of any document which is delivered to the Agent for that Party by any other Party. (b) Except where a Finance Document specifically provides otherwise, the Agent is not obliged to review or check the adequacy, accuracy or completeness of any document it forwards to another Party. (c) If the Agent receives notice from a Party referring to this Agreement, describing a Default and stating that the circumstance described is a Default, it shall promptly notify the Finance Parties. (d) If the Agent is aware of the non-payment of any principal, interest, commitment fee or other fee payable to a Finance Party (other than the Agent or the Arranger) under this Agreement it shall promptly notify the other Finance Parties. (e) The Agent’s duties under the Finance Documents are solely mechanical and administrative in nature.

  • Duties of the Adviser The Adviser shall continue to have responsibility for all services to be provided to the Fund pursuant to the Advisory Agreement and shall oversee and review the Subadviser’s performance of its duties under this Agreement. Nothing contained in this Agreement shall obligate the Adviser to provide any funding or other support for the purpose of directly or indirectly promoting investments in the Fund.

  • DUTIES OF THE ADVISOR The Advisor will use its reasonable best efforts to present to the Company and the Operating Partnership potential investment opportunities and to provide a continuing and suitable investment program consistent with the investment objectives and policies of the Company as determined and adopted from time to time by the Board. In performance of this undertaking, subject to the supervision of the Board and consistent with the provisions of the Articles of Incorporation, By-laws and the Operating Partnership Agreement, the Advisor, directly or indirectly, will: (a) serve as the Company’s and the Operating Partnership’s investment and financial advisor; (b) provide the daily management for the Company and the Operating Partnership and perform and supervise the various administrative functions necessary for the day-to-day management of the operations of the Company and the Operating Partnership; (c) investigate, select and, on behalf of the Company and the Operating Partnership, engage and conduct business with and supervise the performance of such Persons as the Advisor deems necessary to the proper performance of its obligations hereunder (including consultants, accountants, correspondents, lenders, technical advisors, attorneys, brokers, underwriters, corporate fiduciaries, escrow agents, depositaries, custodians, agents for collection, insurers, insurance agents, banks, builders, developers, property owners, property managers, real estate management companies, real estate operating companies, securities investment advisors, mortgagors, the registrar and the transfer agent and any and all agents for any of the foregoing), including Affiliates of the Advisor and Persons acting in any other capacity deemed by the Advisor necessary or desirable for the performance of any of the foregoing services (including entering into contracts in the name of the Company and the Operating Partnership with any of the foregoing); (d) consult with the officers and Directors of the Company and assist the Directors in the formulation and implementation of the Company’s financial policies, and, as necessary, furnish the Board with advice and recommendations with respect to the making of investments consistent with the investment objectives and policies of the Company and in connection with any borrowings proposed to be undertaken by the Company or the Operating Partnership; (e) subject to the provisions of Section 4 , (i) participate in formulating an investment strategy and asset allocation framework; (ii) locate, analyze and select potential Investments; (iii) structure and negotiate the terms and conditions of transactions pursuant to which acquisitions and dispositions of Investments will be made; (iv) research, identify, review and recommend acquisitions and dispositions of Investments to the Board and make Investments on behalf of the Company and the Operating Partnership in compliance with the investment objectives and policies of the Company; (v) arrange for financing and refinancing and make other changes in the asset or capital structure of, and dispose of, reinvest the proceeds from the sale of, or otherwise deal with, Investments; (vi) enter into leases and service contracts for Real Estate Assets and, to the extent necessary, perform all other operational functions for the maintenance and administration of such Real Estate Assets; (vii) actively oversee and manage Investments for purposes of meeting the Company’s investment objectives and reviewing and analyzing financial information for each of the Investments and the overall portfolio;

  • DUTIES OF THE COMPANY The Company shall provide Consultant, on a regular and timely basis, with all approved data and information about it, its subsidiaries, its management, its products and services and its operations as shall be reasonably requested by Consultant, and shall advise Consultant of any facts which would affect the accuracy of any data and information previously supplied pursuant to this paragraph. The Company shall promptly supply Consultant with full and complete copies of all financial reports, all fillings with all federal and state securities agencies; with full and complete copies of all stockholder reports; with all data and information supplied by any financial analyst, and with all brochures or other sales materials relating to its products or services.

  • Duties of the Trust (a) The Trust agrees to create, issue, and redeem Creation Units of each Fund in accordance with the procedures described in the Prospectus. Upon reasonable notice to the Distributor and in accordance with the procedures described in the Prospectus, the Trust reserves the right to reject any order for Creation Units or to stop all receipts of such orders at any time. (b) The Trust agrees that it will take all actions necessary to register an indefinite number of Shares under the 1933 Act. (c) The Trust will make available to the Distributor such number of copies as Distributor may reasonably request of (i) its then currently effective Prospectus and Statement of Additional Information and product description, (ii) copies of semi-annual reports and annual audited reports of the Trust’s books and accounts made by independent public accountants regularly retained by the Trust, and (iii) such other publicly available information for use in connection with the distribution of Creation Units. (d) The Trust shall inform Distributor of any such jurisdictions in which the Trust has filed notice filings for Shares for sale under the securities laws thereof and shall promptly notify the Distributor of any change in this information. The Distributor shall not be liable for damages resulting from the sale of Shares in authorized jurisdictions where the Distributor had no information from the Trust that such sale or sales were unauthorized at the time of such sale or sales. The Distributor acknowledges and agrees that the Trust reserves the right to suspend sales and Distributor’s authority to review and approve orders for Creation Units on behalf of the Trust. Upon due notice to the Distributor, the Trust shall suspend the Distributor’s authority to review and approve Creation Units if, in the judgment of the Trust, it is in the best interests of the Trust to do so. Suspension will continue for such period as may be determined by the Trust. (e) The Trust shall arrange to provide the Listing Exchanges with copies of Prospectuses, Statements of Additional Information, and product descriptions to be provided to purchasers in the secondary market. (f) The Trust will make it known that Prospectuses and Statements of Additional Information and product descriptions are available by making sure such disclosures are in all marketing and advertising materials prepared by the Trust.