Common use of Separate Ledger Clause in Contracts

Separate Ledger. The Recipient must: (a) maintain a separate ledger for the purpose of accounting for, and administering, any ARENA Funding paid to the Recipient for this Study; and (b) identify the receipt and expenditure of the ARENA Funding separately within the Recipient's accounting records to ensure that, at all times, the ARENA Funding is identifiable and ascertainable.

Appears in 4 contracts

Sources: Funding Agreement, Funding Agreement, Funding Agreement