Maintenance of Effort Requirement Clause Samples

The Maintenance of Effort Requirement clause obligates a party, typically a grant recipient or contractor, to sustain a certain level of financial or operational commitment throughout the duration of an agreement. This means the party must continue to provide a baseline amount of funding, resources, or services, often at levels equal to or greater than those provided prior to the agreement, and cannot reduce their own contributions simply because external funding or support is received. The core function of this clause is to prevent parties from substituting new funds for their existing obligations, thereby ensuring that overall support or service levels are maintained or enhanced rather than diminished.
Maintenance of Effort Requirement. (1) The intent of the “Title IV-E Reimbursement Program,” Title IV-E Participation Agreement and this Agreement is to assist the Tribe in the development and strengthening of its child welfare infrastructure. (2) Accordingly, the Tribe agrees not to reduce the amount of money from calendar year 2008, from January 1, 2009 to December 31, 2009, of tribally administered revenue sources that is available for or is spent on Child Welfare services. This provision {4e(2)} is at the Tribe’s request.
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Maintenance of Effort Requirement. The intent of the “Title IV-E Reimbursement Program,” Title IV-E Participation Agreement and this Agreement is to assist the Tribe in the development and strengthening of its child welfare services infrastructure.
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Maintenance of Effort Requirement. If the grantee or subgrantee is a unit of general purpose local government, ESG-CV funds cannot be used to replace funds the local government provided for street outreach and emergency shelter services during the immediately preceding 12-month period, unless HUD determines that the unit of general purpose local government is in a severe financial deficit.
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Related to Maintenance of Effort Requirement

  • Maintenance Requirements The Contractor shall ensure and procure that at all times during the Maintenance Period, the Project Highway conforms to the maintenance requirements set forth in Schedule-E (the “Maintenance Requirements”).

  • Listing and Maintenance Requirements Compliance The Company has not in the two years preceding the date hereof received written notice from any stock exchange, market or trading facility on which the Common Stock is or has been listed or quoted to the effect that the Company is not in compliance with the listing, maintenance or other requirements of such exchange, market, trading or quotation facility. The Company has no reason to believe that it does not now or will not in the future meet any such requirements.

  • Maintenance of Facilities 5.1 The Network Customer shall maintain its facilities necessary to reliably receive capacity and energy from the Host Transmission Owner’s transmission system consistent with Good Utility Practice. The Transmission Provider or Host Transmission Owner, as appropriate, may curtail service under this Operating Agreement to limit or prevent damage to generating or transmission facilities caused by the Network Customer’s failure to maintain its facilities in accordance with Good Utility Practice, and the Transmission Provider or Host Transmission Owner may seek as a result any appropriate relief from the Commission. 5.2 The Designated Representatives shall establish procedures to coordinate the maintenance schedules, and return to service, of the generating resources and transmission and substation facilities, to the greatest extent practical, to ensure sufficient transmission resources are available to maintain system reliability and reliability of service. 5.3 The Network Customer shall obtain: (1) concurrence from the Transmission Provider before beginning any scheduled maintenance of facilities which could impact the operation of the Transmission System over which transmission service is administered by Transmission Provider; and (2) clearance from the Transmission Provider when the Network Customer is ready to begin maintenance on a transmission line or substation. The Transmission Provider shall coordinate clearances with the Host Transmission Owner. The Network Customer shall notify the Transmission Provider and the Host Transmission Owner as soon as practical at the time when any unscheduled or forced outages occur and again when such unscheduled or forced outages end.

  • Maintenance of Net Worth The Parent shall at all times maintain an Adjusted Net Worth of not less than the Minimum Tangible Net Worth.

  • Maintenance of Listing The Company will use commercially reasonable efforts to effect and maintain the listing of (x) the Units and Warrants on the NYSE (or another national securities exchange) until the consummation of the Business Combination or until such earlier time at which the Liquidation occurs, and (y) the Common Stock on the NYSE (or another national securities exchange) until five years from the date of the consummation of the Business Combination or until such earlier time at which Liquidation occurs.