Financial Monitoring Arrangements Sample Clauses

The Financial Monitoring Arrangements clause establishes the procedures and requirements for overseeing and tracking the financial activities related to an agreement or project. Typically, this clause outlines the types of financial records that must be maintained, the frequency and format of financial reporting, and the rights of parties to audit or review financial information. By setting clear expectations for financial transparency and accountability, this clause helps prevent mismanagement of funds and ensures that all parties can monitor compliance with financial obligations.
Financial Monitoring Arrangements. 2.1 The Provider is required to provide an annual report to the Authority in a format and containing information specified by the Authority and which will include a statement of expenditure in a format specified by the Authority.
Financial Monitoring Arrangements. 2.1 If the total expenditure is less than the funding received by the Provider, the funding for the subsequent financial year shall be reduced by this amount unless the Provider demonstrates its requirement for the original funding in future years.
Financial Monitoring Arrangements. 8.1 In addition to financial monitoring identified in paragraphs 5.1, 6.1 & 7.1; summary information related to SLHD Management Fee will be presented to Quarterly Challenge meetings.

Related to Financial Monitoring Arrangements

  • Monitoring Arrangements (i) Summary details of the service provided by the HR team will be monitored by the Service Provider and will be discussed with the Client as part of agreed annual review procedures; (ii) Any concerns arising on the part of the Client or Service Provider regarding the operation of this Agreement should be highlighted as soon as possible so that the matter causing concern can be addressed at the earliest opportunity.

  • Reporting Arrangements The States will report against the agreed milestones during the operation of this Agreement, as set out in Part 4 – Project Milestones, Reporting and Payments.

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following: i. Information pertaining to tuition rates, payments, and educational assistance payments; and

  • Banking Arrangements The banking business of the Corporation including without limitation, the borrowing of money and the giving of security for it, shall be transacted with such banks, trust companies or other bodies corporate or organizations as may from time to time be designated by or under the authority of the Board. Such banking business or any part of it shall be transacted under such agreements, instructions and delegations of powers as the Board may from time to time prescribe.

  • NETLINK MANAGEMENT PTE LTD. (in its capacity as trustee of NetLink Trust) (Company Registration Number: 201704784C), a company incorporated in Singapore with its registered address at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Road, #07-03 Viva Business Park Singapore 469005 (“NLT”) AND