Finance Budget and Property Clause Samples

Finance Budget and Property. A. The District will pay $7,500 for preparation of the CFP and impact fees, and time spent presenting them to the City, County and District Board of Directors. The ESD will ▇▇▇▇ the District when the CFP and impact fees are complete. B. A separate budget for the CFP is not required. The District will budget for expenses associated with its obligations under this Agreement, including paying for the CFP. ESD will budget for expenses it incurs to perform its obligations under this Agreement and for the fixed fee that is being paid. C. Neither party is acquiring real or personal property.
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Finance Budget and Property. 3.1 The District will pay ESD a fee set forth in Exhibit C for ESD E-Rate Application Services. ESD will invoice the District on the following schedule: 3.1.1 Invoice #1: ESD will invoice the district for 50% of the amount due as soon as the E-Rate consultant submits the report of funding requests. 3.1.2 Invoice #2: ESD will invoice the district for the balance due no later than June 15, 2017. 3.1.3 ESD’s E-Rate fee charged to the district shall not exceed the amount equal to 50% of the total E-Rate discount requested by the district for 2017- 2018. 3.2 A separate budget for E-Rate Application Services is not necessary and therefore is not being prepared. Expenses and revenues will be addressed in the District’s and ESD’s budget. 3.3 All personal property and assets acquired or received in connection with the E- Rate applications under this Agreement, shall be owned and retained by the District, both during the term of this Agreement and after the Agreement is terminated, partially or completely. All personal property and assets acquired or received by ESD in connection with fees paid under this Agreement, including but not limited to equipment, materials, supplies and funds, shall be owned and
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Finance Budget and Property 
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Related to Finance Budget and Property

  • Project Budget A Project Budget shall be prepared and maintained by Grantee. The Project Budget shall detail all costs for which the Grant will be used during the Term. The Project Budget must be approved in writing by the Project Monitor. Grantee shall carry out the Project and shall incur costs and make disbursements of funds provided hereunder by the Sponsor only in conformity with the Project Budget. The current approved Project Budget is contained in Attachment “C”. Said Project Budget may be revised from time to time, but no Project Budget or revision thereof shall be effective unless and until the same is approved in writing by Project Monitor. The funds granted under this Grant Contract cannot be used to supplant (replace) other existing funds.

  • Operations and Properties Borrower shall, and shall cause each of its Subsidiaries to, act prudently and in accordance with customary industry standards in managing or operating its assets, properties, business and investments. Borrower shall, and shall cause each of its Subsidiaries to, keep in good working order and condition, ordinary wear and tear excepted, all of its assets and properties which are necessary to the conduct of its business.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or JLL, which consent may be withheld in the Owner’s sole discretion.

  • Equipment and Property A. The Grantee must ensure equipment with a per-unit cost of $5,000 or greater purchased with grant funds under this award is used solely for the purpose of this Grant or is properly pro-rated for use under this Grant. Grantee must have control systems to prevent loss, damage, or theft of property funded under this Grant. Grantee shall maintain equipment management and inventory procedures for equipment, whether acquired in part or whole with grant funds, until disposition occurs. B. When equipment acquired by Grantee under this Grant Agreement is no longer needed for the original project or for other activities currently supported by System Agency, the Grantee must properly dispose of the equipment pursuant to 2 CFR and/or TxGMS, as applicable. Upon termination of this Grant Agreement, use and disposal of equipment by the Grantee shall conform with TxGMS requirements. C. Grantee shall initiate the purchase of all equipment approved in writing by the System Agency in accordance with the schedule approved by System Agency, as applicable. Failure to timely initiate the purchase of equipment may result in the loss of availability of funds for the purchase of equipment. Requests to purchase previously approved equipment after the first quarter in the Grant Agreement must be submitted to the assigned System Agency contract manager. D. Controlled Assets include firearms, regardless of the acquisition cost, and the following assets with an acquisition cost of $500 or more, but less than $5,000: desktop and laptop computers (including notebooks, tablets and similar devices), non-portable printers and copiers, emergency management equipment, communication devices and systems, medical and laboratory equipment, and media equipment. Controlled Assets are considered supplies. E. System Agency funds must not be used to purchase buildings or real property without prior written approval from System Agency. Any costs related to the initial acquisition of the buildings or real property are not allowable without written pre-approval.

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.