Transfer of Resources Clause Samples
The Transfer of Resources clause defines the terms under which assets, funds, or other resources are moved from one party to another within the context of an agreement. Typically, this clause outlines what resources are being transferred, the timing and method of transfer, and any conditions that must be met before the transfer occurs. For example, it may specify that payment is due upon delivery of goods or that intellectual property rights are assigned after project completion. The core function of this clause is to ensure both parties clearly understand their obligations regarding the movement of resources, thereby reducing the risk of disputes and ensuring smooth execution of the contract.
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Transfer of Resources. Service Provider shall provide all reasonable assistance required for the transfer to DIR, the DIR Customers and/or their designee(s) of the Systems, Equipment, Software and other resources that are implicated by the relevant Assistance Event. Such assistance shall include, at a minimum:
(a) Identifying any third party services which are required by DIR, the DIR Customers and/or their designee(s) to perform the Services, and to which DIR, the DIR Customers and/or their designee(s) are entitled under Section 4.4 of the Master Services Agreement;
(b) Providing asset listings for Systems, Equipment and Software owned or licensed by Service Provider, its Subcontractors, DIR and/or DIR Customers, including those which are required by DIR, the DIR Customers and/or their designee(s) to perform the Services and to which DIR, the DIR Customers and/or their designee(s) are entitled under Section 4.4 of the Master Services Agreement;
(c) Working with DIR, the DIR Customers and/or their designee(s) to minimize or eliminate any potential transfer, re-licensing or termination charges, taxes and other costs or expenses that might be incurred by DIR, the DIR Customers and/or their designee(s) as a result of any transfers; and
(d) Performing administrative functions required to effect the assignment of Systems, Equipment, Software and Third Party Contracts which are required by DIR, the DIR Customers and/or their designee(s) to perform the Services, and to which DIR, the DIR Customers and/or their designee(s) are entitled under Section 4.4 of the Master Services Agreement, including executing legal documents and performing other necessary functions.
Transfer of Resources. In the event that neither the Call Option nor the Put Option (as defined in the Put/Call Agreement) is exercised, Corixa will use its reasonable best efforts as requested by GenQuest to (a) insure that those individuals who have worked primarily on GenQuest matters become employees of GenQuest; provided, however, that Corixa will not be required to incur a material economic disadvantage or initiate any legal action pursuant to this subsection 6(a), and (b) transfer ownership to GenQuest of that equipment this is listed on Schedule B attached hereto or that Corixa is separately reimbursed for by GenQuest under Section 8.2 of the Collaboration Agreement; provided, however, that GenQuest and Corixa shall agree from time to time, but not less than once a year, on what equipment shall be included in Schedule B. Schedule B shall be amended from time to time as agreed by Corixa and GenQuest.
Transfer of Resources. SERVICES...............................................
Transfer of Resources. 1. Member States may request, in the Partnership Agreement or, in the request for an amendment of a programme if agreed by the monitoring committee of the programme pursuant to Article 35(2)(d), the transfer of up to 5% of the initial national allocation of each Fund to any other instrument under direct or indirect management, where such possibilty is provided for in the basic act of such an instrument. The sum of the transfers refered to in the first subparagraph and the contributions in accordance with the first subparagraph of Article 10(1) shall not exceed 5% of the initial national allocation of each Fund. Member States may also request, in the Partnership Agreement or in the request for an amendment of a programme, the transfer of up to 5% of the initial national allocation of each Fund to another Fund or Funds, except for transfers which are set out in the fourth subparagraph. Member States may also request, in the Partnership Agreement or in the request for an amendment of a programme, an additional transfer of up to 20% of the initial national allocation by Fund between the ERDF, the ESF+ or the Cohesion Fund within the Member State’s global resources under the Investment for jobs and growth goal. The Member States whose average total unemployment rate for the period 2017-2019 is under 3 % may request such an additional transfer of up to 25 % of the initial national allocation.
2. Transferred resources shall be implemented in accordance with the rules of the Fund or the instrument to which the resources are transferred and, in the case of transfers to instruments under direct or indirect management, for the benefit of the Member State concerned.
3. Requests for an amendment of a programme shall set out the total amount transferred for each year by Fund and by category of region, where relevant, shall be duly justified with a view to the complementarities, impact to be achieved, and shall be accompanied by the revised programme or programmes in accordance with Article 19.
4. After consultation with the Member State concerned, the Commission shall object to a request for transfer in the related programme amendment where this would undermine the achievement of the objectives of the programme from which the resources are to be transferred. The Commission shall also object to the request where it considers that the Member State has not provided an adequate justification for the transfer with regard to the results to be achieved or the contribution to b...
Transfer of Resources. ... 8 3.1. LICENSES......
... 8 3.2. REQUIRED CONSENTS....
... 8 3.3. DEDICATED RESOURCES...
Transfer of Resources. 7.1 The University pays fees to schools which mentor student teachers. The fees are reviewed annually and take into account the length of the placement, the number of appraisals required and the administrative costs associated with supporting student teachers in school.
Transfer of Resources. An individual applying for or receiving IHSS who disposes of resources for less than fair market value is ineligible for IHSS for a period up to 36 months. This provision is effective for resource transfers made on or after December 14, 1999. The provision applies to resource transfers made by the eligible individual (includes applicant), the individual’s spouse, and by persons who are co-owners of the resource being transferred. The look-back period begins with the look-back date, which is the date 36 months before the IHSS application date or the date on which the resources were transferred, whichever is later. This means that any resources transferred up to 36 months prior to the IHSS application date, or anytime thereafter will be subject to this provision. However, the look-back period cannot begin prior to December 14, 1999. The period of ineligibility begins on the first day of the month in or immediately following the month of transfer. For example, if the resource is transferred on February 25th, the period of ineligibility begins on February 1st or March 1st. The period of ineligibility can last up to, but no more than 36 months. (Note: Although this rule appears to be internally inconsistent, it is reflective of the federal law. Until the Social Security Administration resolves the issue, counties should use the date most favorable to the applicant or recipient To determine the number of months of ineligibility, it is first necessary to determine the total, cumulative uncompensated value of any resources disposed of by the individual on or after the look-back date. The uncompensated value is then divided by the maximum SSI/SSP amount based on the individual’s living arrangement on the applicable date. In the case of any fraction, round to the nearest whole number. The applicable date is the IHSS application date or, if later, the date on which the individual (or spouse) disposes of the resources for less than fair market value. The maximum SSI/SSP amount is the amount shown on the SSI/SSP Payment Standards chart for the appropriate living arrangement on the applicable date. The result is the number of months of ineligibility up to 36 months.
Transfer of Resources. ISAs involving transfer of manpower billets will identify such billets within the agreement. Transfer of personnel billets between the parties to the agree– ment must be effected through the departmental headquarters of organizations concerned.
Transfer of Resources. Because the amount of protected resources is not counted in determining eligibility for Medicaid Extended Coverage, Participating Consumers are free to use protected resources in any way, including making gifts or otherwise transferring away ownership of protected resources. This is true even if a protected resource generates income which otherwise would be counted in determining eligibility for Medicaid Extended Coverage. In other words, as a Participating Consumer, you will not lose eligibility for Medicaid Extended Coverage because your income decreases after transferring an income-generating protected resource.
Transfer of Resources. Schedule E (Transitioned Employees) sets forth the terms and conditions governing the recruitment and transition of Health Net personnel to Supplier. If Supplier is obligated to make employment offers to any Health Net personnel in connection with Services to be provided by Supplier under this Agreement, such personnel shall be the Affected Employees as defined in Schedule E (Transitioned Employees), and the terms of Schedule E (Transitioned Employees) shall govern.