Fund Resources Clause Samples

Fund Resources. The Fund Resources will consist of: (a) Contributions made by Donors pursuant to Paragraphs 2.2 and 2.3 below; (b) interest accrued on the Fund Resources in accordance with Paragraph 3.7; and (c) amounts recovered under proceedings taken pursuant to Paragraph 3.4(c) below.
Fund Resources. The Fund Resources will consist of: a. Bank contributions: The Bank will contribute to the Fund EUR 5 million from the Social Dividend Account.
Fund Resources. (a) The Fund will be solely responsible, at its expense, for procuring, maintaining, and supporting all third-party software and all workstations, personal computers, printers, controllers or other hardware or peripheral equipment (“Fund System”) required for the Fund to operate the Licensed System in accordance with the Documentation and specifications provided by BNYM from time to time. BNYM will provide the Fund or employees with specifications for Fund System, including any requirements relating to the connection and operation of the Fund System with the Licensed System and Third Party Products. The Fund or employees shall conform its operating system environment to the operating system requirements provided by BNYM for the Licensed System. The Fund will support and maintain the Fund System as necessary to ensure its operation does not impact the Licensed System adversely or otherwise in a manner not contemplated by the Documentation. (b) The Fund shall, at its own expense, devote such of the Fund System and other equipment, facilities, personnel and resources reasonably necessary to (a) implement the Licensed System, (b) be trained in the use of the Licensed System, (c) perform timely any electrical work and cable installation necessary for Fund’s use of the Licensed System, and (d) begin using the Licensed System on a timely basis. BNYM shall not be responsible for any delays or fees and costs associated with the Fund’s failure to timely perform its obligations under this Section 2.7.
Fund Resources. Article 5: The Fund has assigned resources at its disposal that may be composed of: an initial endowment, whose amount is set by the Council of Heads of State; annual endowments whose amount is set by the Council of Heads of State; annual endowment owned by the CASDB; grants; long-term, low interest-rate borrowing contracted by the CASDB in behalf of the Fund from foreign countries or national, multinational or international institutions; exceptionally and under the conditions defined in Article 7 of this Act, loans subscribed to at market rates; interest and loan recovery; financial yields from investing its liquid assets; advantages (particularly in the form of advances and discounts) granted by the BEAC through the CASDB. SPECIAL FUND FOR BASIC RURAL DEVELOPMENT (FSDRB) INTERVENTION CONDITIONS Because of the profitability of the intended sector, the resources must be collected under the mildest conditions possible. The CASDB margin is calculated so as to allow a correct payment for its services. In case the credits transit through a national relay, the latter must also commit itself to limiting its margin, which will be specified in the loan agreement. The Fund provides its assistance to States in the context of sliding long-term programming developed jointly. In this context, subject to the guarantee of the concerned State, the Fund may provide its assistance directly to a decentralized community, a public legal entity (public institution, State enterprise) or to an enterprise in which the concerned State has a financial share (mixed economy company). Likewise, it profits a private legal entity (enterprise, NGO-type organization) when the concerned State signs a contract with it related to setting up a DRE project. It is subject to separate and distinct books in the accounts of the private legal entity that has contracted it. The Fund may provide its assistance to small rural farmers through national relays: INFD or by default an accepted commercial bank or project. The granted loans are guaranteed by the concerned State or by decentralized communities where operations are set up. In the latter case, the concerned State is committed to see to it that unpaid amounts by farmers are written as obligatory expenses in community budgets and take responsibility for those who in turn begin to default on their payments. THE management commITTEE Article 7: The Special Fund for Basic Rural Development is operated by a Management Committee. Composition Article 8: ...

Related to Fund Resources

  • Mineral Reserves and Resources The estimated proven and probable mineral reserves and estimated indicated, measured and inferred mineral resources disclosed in the SSR Public Disclosure Record have been prepared and disclosed in all material respects in accordance with all applicable Laws. The information provided by SSR to the Qualified Persons in connection with the preparation of such estimates was complete and accurate in all material respects at the time such information was furnished. There has been no material reduction in the aggregate amount of estimated mineral reserves or estimated mineral resources of SSR and its subsidiaries, taken as a whole, from the amounts disclosed in the SSR Public Disclosure Record.

  • PROJECT FINANCIAL RESOURCES i) Local In-kind Contributions $0 ii) Local Public Revenues $200,000 iii) Local Private Revenues iv) Other Public Revenues: $0 - ODOT/FHWA $0 - OEPA $0 - OWDA $0 - CDBG $0 - Other $0 v) OPWC Funds: - Loan Assistance $0

  • Financial Resources The Adviser has the financial resources available to it necessary for the performance of its services and obligations contemplated in the Pricing Disclosure Package, the Prospectus, and under this Agreement, the Investment Management Agreement and the Administration Agreement.

  • Fund Accounting Services Ultimus will provide the Trust with the fund accounting services as set forth below:

  • TO Fund Accounting Agreement This Amendment No. 16 (this “Amendment”) is made and entered into effective as of October 1, 2018 (“Amendment Effective Date”) by and between each Fund listed on amended Exhibit A (each a “Fund” or collectively the “Funds”), attached hereto as attachment A, T. ROWE PRICE ASSOCIATES, INC., a Maryland corporation having its principal office located at 100 E. Pratt Street, Baltimore, Maryland 21202 (“TRP”) and THE BANK OF NEW YORK MELLON, a bank organized under the Laws of the State of New York, having its principal office located at 255 Liberty Street, New York, New York 10286 (“BNY Mellon”).