Implementing Party definition
Examples of Implementing Party in a sentence
Advance payments received by the Implementing Party must be disbursed within 72 hours of receipt from GoTriangle.
The Implementing Party shall have sixty (60) days after the date of termination to submit all Reimbursement Requests.
The Implementing Party shall have an obligation to return any reimbursed or advanced payments that were misappropriated or expended outside the approved Project(s) listed in Exhibit A.
If the Implementing Party is allocating local funds towards Projects identified in Exhibit A, those expenditures shall be disclosed as part of its quarterly and annual reports.
The Implementing Party is responsible for ensuring funds are available to pay for the Projects prior to requesting reimbursement from GoTriangle.
All Reimbursement Requests submitted by the Implementing Party shall detail total costs expended for the project along with the reimbursable amount.
Unless otherwise agreed in writing between Parties, the Implementing Party agrees to provide quarterly and annual reporting per the Master Participation Agreement for the Reported Deliverables as identified in Exhibit A using a Reporting Template agreed to by the Parties.
The Implementing Party shall include in its quarterly reports any details of issues that may impact delivery of the Projects identified in Exhibit A.
The Implementing Party is responsible for ensuring local funds are available to pay for costs incurred related to Project phases, or invoices, prior to requesting reimbursement from GoTriangle, except in instances where advance payments are requested.
Unless otherwise agreed in writing between Parties, the Implementing Party shall report operating statistics and ridership to the National Transit Database and to the North Carolina Department of Transportation Public Transportation Division.