Accounting Staff Sample Clauses

Accounting Staff. From the Closing Date, BORQS shall assign one or more accounting staff to provide accounting and bookkeeping services in the offices of KADI and the Selling Shareholders, KADI SH and KADI HK, as applicable, shall provide such staff with access, documents, assistance and resources as necessary for such services.
Sample 1
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Accounting Staff. (i) Partial Transfers With respect to each Country, the Parties will agree on suitable arrangements for the transfer of local accounting staff where applicable in order to manage the accounting of the respective resources in such Country following any Partial Transfer pursuant to Clause 4.3(b)(i) above or the retention of Network Resources and/or Other Network Resources pursuant to Clause 4.3(b)(ii) above. The Parties agree that if SITA SC (or the applicable SITA Transition and Management Agreement Restated Version with Amendment No. 1 (Errata) 7 Dated: 30 November 2001 Group Company) has only one local accountant in any such Country, then SITA SC will not be required to transfer such accountant pursuant to this Clause 4.4(b)(i).
Sample 1
Accounting Staff. 6.5.1 Subrecipient staff shall include, at a minimum, one dedicated staff person who has knowledge of basic Accounting principles.
Sample 1
Accounting Staff. From the Closing Date, HHE shall cooperate with the finance and accounting staff of BORQS, at BORQS’s cost, to the fullest extent for BORQS to have up-to-date information on HHE’s financial condition at all times. This Section shall survive Closing.
Sample 1
Accounting Staff. The Chief Financial Officer, to be appointed by UATC with the consent of Xxxx-XX, which consent shall not be unreasonably withheld, shall oversee the preparation of the accounts and shall designate and provide accounting staff for this purpose. The cost of such staff shall be borne by the Company and such accounting staff shall prepare monthly accounts, year-to-date and yearly accounts during the operation of the Company or at such other times as Xxxx-XX and/or UATC shall direct and shall provide the Management Committee with a copy of any balance sheet and profit and loss statement prepared in accordance with this provision. To the extent feasible and practical, during the current period of inactivity, the accounting staff should be internal to Xxxx-XX and/or UATC in order to minimize costs and fees.
Sample 1

Related to Accounting Staff

  • Accounting Standards The Subrecipient agrees to comply with 2 CFR 200 and agrees to adhere to the accounting principles and procedures required therein, utilize adequate internal controls, and maintain necessary source documentation for all costs incurred.

  • Accounting System Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Agent. Borrowers also shall keep an inventory reporting system that shows all additions, sales, claims, returns, and allowances with respect to the Inventory.

  • Accounting Format Applications for Payment shall be broken down by CSI Category and, in certain situations, by CSI Description and capital asset category, as set forth in the form for Application for Payment. The purpose is to provide appropriate backup documents for the Contractor’s Final Certification of Costs in conformance with GASB 34 accounting standards. See Section 7 – Forms, “Application for Payment” and Final Certification of Costs.

  • Change in Accounting Principles If, after the date of this Agreement, there shall occur any change in GAAP from those used in the preparation of the financial statements referred to in Section 6.5 hereof and such change shall result in a change in the method of calculation of any financial covenant, standard or term found in this Agreement, either the Borrower or the Required Lenders may by notice to the Lenders and the Borrower, respectively, require that the Lenders and the Borrower negotiate in good faith to amend such covenants, standards, and terms so as equitably to reflect such change in accounting principles, with the desired result being that the criteria for evaluating the financial condition of the Borrower and its Subsidiaries shall be the same as if such change had not been made. No delay by the Borrower or the Required Lenders in requiring such negotiation shall limit their right to so require such a negotiation at any time after such a change in accounting principles. Until any such covenant, standard, or term is amended in accordance with this Section 5.3, financial covenants shall be computed and determined in accordance with GAAP in effect prior to such change in accounting principles. Without limiting the generality of the foregoing, the Borrower shall neither be deemed to be in compliance with any financial covenant hereunder nor out of compliance with any financial covenant hereunder if such state of compliance or noncompliance, as the case may be, would not exist but for the occurrence of a change in accounting principles after the date hereof.

  • Tax Accounting Services (1) Maintain accounting records for the investment portfolio of the Fund to support the tax reporting required for “regulated investment companies” under the Internal Revenue Code of 1986, as amended (the “Code”).

  • Financial Accounting Practices The Borrower shall, and shall cause each of its Subsidiaries to, make and keep books, records and accounts which, in reasonable detail, accurately and fairly reflect its transactions and dispositions of its assets and maintain a system of internal accounting controls sufficient to provide reasonable assurances that (a) transactions are executed in accordance with management's general or specific authorization, (b) transactions are recorded as necessary (i) to permit preparation of financial statements in conformity with GAAP and (ii) to maintain accountability for assets, (c) access to assets is permitted only in accordance with management's general or specific authorization and (d) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.

  • Tax Accounting Practices The Tax Return shall be prepared consistently with past Tax accounting practices to the extent permissible under applicable Tax Law.

  • Accounting Services The Manager will provide all accounting services customarily required by investment companies, in accordance with the requirements of applicable laws, rules and regulations and with the policies and practices of each Series as communicated to the Manager from time to time, including, but not limited to, the following:

  • Accounting Practice Except as otherwise provided herein, all Mortgage Loan account records must be maintained according to (a) the Uniform Single Attestation Program for Mortgage Bankers and (b) where applicable, sound and generally accepted accounting practices.

  • Accounting Practices All matters concerning this FuturesAccess Fund’s accounting practices shall be determined by the Sponsor on a fair and equitable basis, and all such determinations shall be final and conclusive as to all Investors. However, the Sponsor shall be under no obligation whatsoever to make any deviations from the allocations set forth in this Article II. In reporting Net Asset Values to Investors and third parties on an interim basis, the Sponsor shall be entitled to accrue fees and payments due at the end of a period as if such fees or payments were due (on a pro rata basis, if appropriate) as of the end of an interim period within such period.

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