Method of Finance Clause Samples

The "Method of Finance" clause defines how the financial aspects of a project or transaction will be managed and funded. It typically outlines the sources of funds, such as loans, equity, or grants, and may specify the sequence or priority in which these sources are to be used. For example, it might require that a certain percentage of costs be covered by the owner's equity before loan funds are drawn. This clause ensures all parties understand the financial structure and obligations, reducing the risk of disputes over payment responsibilities and ensuring the project is adequately funded throughout its duration.
Method of Finance i. Grantee shall include only those funds that flow through the accounting records of the Grantee. ii. Grantee shall not exceed the amount allocated by HHSC for General Revenue Allocated - Psychiatric Hospital. iii. ▇▇▇▇▇▇▇’s accounting for the grand total method of finance shall equal the grand total expenditures by column and in total.
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Method of Finance. Finance with funds (other than the proceeds of any Term Loan hereunder and equity proceeds) any Insurance Premium Loan (or interest therein).
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Method of Finance. 2.1 ..... Deposit due on signature hereof R……………………………… 2.2 ..... Further payment due on …………………………. R……………………………… 2.3 ..... Further payment due on …………………………. R……………………………… 2.4 ..... Further payment due on …………………………. R……………………………… 2.5 ..... Further payment due on the TRANSFER DATE R……………………………… 2.6 ..... Further payment due on …………………………. R……………………………… 2.7 ..... Further payment due on …………………………. R……………………………… 2.8 ..... Further payment due on …………………………. R……………………………… 2.9 ..... Further payment due on …………………………. R………………………………
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Method of Finance. Grantee shall include only those funds that flow through the accounting records of the Grantee.
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Method of Finance i. Grantee shall include only those funds that flow through the accounting records of the Grantee. ii. Grantee shall not exceed the amount allocated by HHSC for General Revenue Allocated - Psychiatric Hospital. iii. ▇▇▇▇▇▇▇’s accounting for the grand total method of finance shall equal the grand total expenditures by column and in total. 6. Instructions for Completion of Form X CMHH, Financial CMHH 2 Tab on Civil Beds II (6 beds), incorporated by reference and posted at: ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇▇.▇▇▇/doing- business-hhs/provider-portals/behavioral-health-services-providers/behavioral-health- provider-resources/community-mental-health-contracts: a. Form X (Community Mental Health Hospital Report) data shall match Report III (Budget Report) data, both of which are incorporated by reference and posted at: ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇▇.▇▇▇/doing-business-hhs/provider-portals/behavioral-health- services-providers/behavioral-health-provider-resources/community-mental-health- contracts.
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Related to Method of Finance

  • Method of Billing Consultant may submit invoices to the City for approval on a progress basis, but no more often than two times a month. Said invoice shall be based on the total of all Consultant’s services which have been completed to City’s sole satisfaction. City shall pay Consultant’s invoice within forty-five (45) days from the date City receives said invoice. Each invoice shall describe in detail, the services performed, the date of performance, and the associated time for completion. Any additional services approved and performed pursuant to this Agreement shall be designated as “Additional Services” and shall identify the number of the authorized change order, where applicable, on all invoices.

  • METHOD OF ORDERING The County shall issue Delivery Orders against the contract on an as needed basis for the goods or services listed on the Bid Response Form.

  • Method of Accounting The Company will use the method of accounting previously determined by the Members for financial reporting and tax purposes.

  • Method of Option Exercise A. Subject to the terms and conditions of this Agreement, the Options may be exercised by written notice to the Company at its executive offices to the attention of the Corporate Secretary of the Company (the “Secretary”). Such notice shall state the election to exercise the Options, shall state the number of shares in respect of which it is being exercised (the “Purchased Shares”) and shall be signed by the person or persons so exercising the Options. In no case may the Options be exercised as to less than fifty (50) Shares at any one time (or the remaining Shares then purchasable under the Options, if less than fifty (50) Shares) or for a fractional Share. Except as provided in Section 5 below, the Options may not be exercised unless the Employee shall, at the time of the exercise, be an employee of the Company. During the Employee’s lifetime, only the Employee or the Employee’s guardian or legal representative may exercise the Options. B. Such notice shall be accompanied by (i) a personal check payable to the order of the Company for payment of the full purchase price of the Purchased Shares, (ii) delivery to the Company of the number of Shares duly endorsed for transfer and owned by the Employee that have an aggregate Fair Market Value equal to the aggregate purchase price of the Purchased Shares or (iii) payment therefor made in such other manner as may be acceptable to the Company on such terms as may be determined by the Compensation Committee of the Board of Directors (the “Committee”). “Fair Market Value” shall have the meaning given to that term in the 2009 Plan. In addition to and at the time of payment of the purchase price, the person exercising the Options shall pay to the Company the full amount of any federal and state withholding or other taxes applicable to the taxable income of such person resulting from such exercise in cash unless the Committee in its sole discretion shall permit such taxes to be paid in Shares. Such payment may also be made in the form of payroll withholding, at the election of the option holder. The Company shall issue the Shares of the said Purchased Shares as soon as practicable after receipt of the notice and all required payments by the person or persons exercising the Options as provided in Section 4, Subsection A above. Unless the person or persons exercising the Options shall otherwise direct the Company in writing, such Shares shall be registered in the name of the person or persons so exercising the Options and shall be delivered as aforesaid to or upon the written order of the person or persons exercising the Options.

  • Method of Communication Except as otherwise provided in this Agreement, all notices and communications hereunder shall be in writing, or by telephone subsequently confirmed in writing. Any notice shall be effective if delivered by hand delivery or sent via telecopy, recognized overnight courier service or certified mail, return receipt requested, and shall be presumed to be received by a party hereto (i) on the date of delivery if delivered by hand or sent by telecopy, (ii) on the next Business Day if sent by recognized overnight courier service and (iii) on the third Business Day following the date sent by certified mail, return receipt requested. A telephonic notice to the Administrative Agent as understood by the Administrative Agent will be deemed to be the controlling and proper notice in the event of a discrepancy with or failure to receive a confirming written notice.