SAS 70 Report definition

SAS 70 Report shall have the meaning given in Section 9.10.9.1.
Sample 1
SAS 70 Report means a report prepared to document a Statement of Accounting Standards No. 70 Type II review conducted on behalf of Service Provider by an external auditor selected as set forth below.
Sample 1
SAS 70 Report has the meaning set forth in Section 4.6 in this Agreement;
Sample 1

Examples of SAS 70 Report in a sentence

  • Except as respects Bank’s SAS 70 Report, as to which there shall be no charge, the Customer shall pay reasonable expenses of the Bank and any Subcustodians under this provision.

  • Delivery by the Custodian of its then current SAS 70 Report shall constitute compliance with this Section 3.27.

  • Should the Company fail to deliver the Type II SAS 70 Report specified in Section 15.2(b) in the time period specified therein, the Company shall have ten (10) Business Days to cure such failure.

  • Upon the Fund's request, Custodian will send the annual report (SAS 70 Report) prepared by its external auditors on its systems of internal accounting control of custodied Financial Assets.

  • The examination shall in- clude testing of the operating effective- ness of relevant provider internal con- trols (Type II SAS 70 Report).

  • Regarding all classes within the C&I and CRE portfolios, when, in Management’s judgment, the borrower’s ability to make required principal and interest payments resumes and collectability is no longer in doubt, and the loan has been brought current with respect to principal and interest, the loan or lease is returned to accrual status.

  • The Contractor shall furnish annually to the Director and to the Administrator a copy of the Contractor’s Statement of Accounting Standards (SAS) 70 Report, as defined by the American Institute of Certified Public Accountants (AICPA).

  • The Custodian shall not unreasonably refuse to furnish to the Fund such reports (or portions thereof) of the Custodian's external auditors as they relate directly to the Custodian's system of internal accounting controls applicable to the Custodian's duties under this Agreement (commonly referred to as a "SAS 70 Report").

  • Except as respects the Custodian's SAS 70 Report, as to which there shall be no charge, the Fund shall pay expenses of the Custodian and any Subcustodians under this provision.

  • The examination shall include testing of the operating effectiveness of relevant provider internal controls (Type II SAS 70 Report).


More Definitions of SAS 70 Report

SAS 70 Report has the meaning provided in Section 22.5.
Sample 1
SAS 70 Report has the meaning set forth in Section 14.9(a).
Sample 1
SAS 70 Report shall have the meaning given in Section 8.4(i).
Sample 1

Related to SAS 70 Report

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.

  • Accountants’ Report means the report of a firm of nationally recognized Independent Accountants described in Section 4.11.

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Annual Statement of Compliance As defined in Section 3.13.

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Evaluation Report means a report on the evaluation of tenders prepared under CSO 12

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Final Report means the report described as a final report in 14 RCW 42.17.080(2).

  • Benchmarking Report means the report produced by the Supplier following the Benchmark Review and as further described in this Framework Schedule 7;

  • Financial Reports means the Annual Financial Statements and the Interim Accounts.

  • SOS Reports means the official reports from the Secretaries of State of each Collateral State, Chief Executive Office State and the Borrower State and other applicable federal, state or local government offices identifying all current security interests filed in the Collateral and Liens of record as of the date of such report.

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Time.

  • Cost Report We relied on the separate reporting of non-sub-capitated and sub-capitated experience by the MCPs in the medical cube worksheets of the CY 2018 cost reports. In the MCP cost reports, sub-capitated expenditures represent the amounts paid by MCPs for sub-capitated services, rather than “shadow priced” claims as illustrated in the CY 2018 encounter data.

  • Rapidly report means within 72 hours of discovery of any cyber incident.

  • Appraisal report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • Inspection Report means the report delivered by the Master Servicer or the Special Servicer, as the case may be, substantially in the form of Exhibit L hereto.

  • Progress Report means the report similar in form and content to that attached hereto as Appendix III.