Expected actions for non-performing partners Sample Clauses

Expected actions for non-performing partners. In order to assure to the project a smooth running of its activities, including a delivery process aligned with the mandatory expectation of the European Commission, the Coordinator has introduced ▇▇▇▇▇ corrective actions for partners who do not respect the deadlines stated above. In time financial and administrative delivery from each partner is critical considering that due reports to European Commission are collective reports. Delay of one single partner imposes to the entire consortium a delay in the submission of the mandatory reports. Whenever one of the previous financial reporting documents, Form C, Audit Certificates or Financial Report is not submitted in time by a partner, according to the above rules, the request for funds by that specific partner will not be accepted. This implies that no funds will be given to the partner for that specific period. Under this situation the default partner is able, anyhow, to recover these funds into the next reporting period, adding the expenses of a specific reporting period with the previous period not delivered in time. Previous rule will be applied by 3EMOTION project, unless the delivery delay is clearly justified by the involved partner before the end of the reporting period and accepted by the coordinator. In this case, the Coordinator will have the opportunity to give a maximum of four extra weeks to the pending partner to provide the project with their financial reporting. In order to support FR delivery the Coordinator will keep informed partners about the status of missing Forms. The Coordinator hopes that the Consortium will not misinterpret these rules. It is in everyone’s interest, and also a matter of respect and fairness toward the individuals responsible for monitoring, to work together efficiently and responsibly on all aspects of the project, including the reporting.
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Related to Expected actions for non-performing partners

  • Engagement of Successor Asset Representations Reviewer Following the resignation or removal of the Asset Representations Reviewer, the Issuer will engage a successor Asset Representations Reviewer who meets the eligibility requirements of Section 5.1.

  • Resignation and Removal Successor Asset Representations Reviewer Section 5.1. Eligibility Requirements for Asset Representations Reviewer 18 Section 5.2. Resignation and Removal of Asset Representations Reviewer 18 Section 5.3. Successor Asset Representations Reviewer 19 Section 5.4. Merger, Consolidation or Succession 20

  • Cloud Computing State Risk and Authorization Management Program (TX-RAMP In accordance with Senate Bill 475, Acts 2021, 87th Leg., R.S., pursuant to Texas Government Code, Section 2054.0593, Contractor acknowledges and agrees that, if providing cloud computing services for System Agency, Contractor must comply with the requirements of the state risk and authorization management program and that System Agency may not enter or renew a contract with Contractor to purchase cloud computing services for the agency that are subject to the state risk and authorization management program unless Contractor demonstrates compliance with program requirements. If providing cloud computing services for System Agency that are subject to the state risk and authorization management program, Contractor certifies it will maintain program compliance and certification throughout the term of the Contract.

  • Monitoring of Contribution Limitations Information The Custodian shall not be responsible for monitoring the amount of contributions made to the designated beneficiary’s account or the income levels of any depositor or contributor for purposes of assuring compliance with applicable state or federal tax laws.

  • Indemnification by Asset Representations Reviewer The Asset Representations Reviewer will indemnify each of the Issuer, the Seller, the Servicer, the Administrator, the Owner Trustee and the Indenture Trustee and their respective directors, officers, employees and agents for all fees, expenses, losses, damages and liabilities (including, but not limited to, reasonable legal fees, costs and expenses, and including any such reasonable fees, costs and expenses incurred in connection with any enforcement (including any action, claim, or suit brought by such indemnified parties) of any indemnification or other obligation of the Asset Representations Reviewer) resulting from (a) the willful misconduct, bad faith or negligence of the Asset Representations Reviewer in performing its obligations under this Agreement and (b) the Asset Representations Reviewer’s breach of any of its representations or warranties in this Agreement. The Asset Representations Reviewer’s obligations under this Section 4.5 will survive the termination of this Agreement, the termination of the Issuer and the resignation or removal of the Asset Representations Reviewer.