APPROVAL OF FACILITIES. Retailer may only sell or solicit subscriptions under this Agreement from a Facility that Sprint has approved in writing in advance. Sprint reserves the right to revoke approval of a Facility for any reason and at any time. If Retailer moves an approved Facility to a new location, Retailer must resubmit the Facility at that new location for Sprint’s approval before Retailer may sell or solicit subscriptions under this Agreement from that new location. Sprint’s right to approve Facilities does not imply any assurance of the appropriateness or profitability of an approved Facility. Retailer is not relying on Sprint’s expertise or recommendations of prospective Facilities and relies solely on its own expertise and judgment in the selection of prospective Facilities.
APPROVAL OF FACILITIES. LICENSEE shall provide the addresses of all facilities, including third party manufacturers, at which the Licensed Products are manufactured. LICENSOR and GLOBAL shall have the right to inspect and approve all such facilities of LICENSEE. LICENSEE's agreements with third party manufacturers shall provide for the right of LICENSOR and GLOBAL to inspect such third party's facilities. All inspections shall be during regular business hours upon twenty-four (24) hours notice to LICENSEE or LICENSEE's third party manufacturers. Inspections may include any reasonable actions necessary to assure LICENSOR that the Licensed Products are made and displayed in accordance with this Agreement, including but not limited to laboratory testing.
APPROVAL OF FACILITIES. LICENSEE shall provide the addresses of all facilities, including third party manufacturers, at which the Licensed Products are manufactured. LICENSOR shall have the right to inspect and approve all such facilities of LICENSEE. LICENSEE's agreements with third party manufacturers shall provide for the right of LICENSOR to inspect such third party's facilities. All inspections shall be during regular business hours upon twenty-four (24) hours notice to LICENSEE or LICENSEE's third party manufacturers. Inspections may include any reasonable actions necessary to assure LICENSOR that the Licensed Products are made and displayed in accordance with this Agreement, including but not limited to laboratory testing.
APPROVAL OF FACILITIES. As a provider of financial services to a broad spectrum of our country, Absa Bank is fully aware of the lack of access to financial resources of Learner Contracting Companies to perform in terms of the EPWP. It is against this background that Absa provides financial solutions that are competitively priced and acceptable to all stakeholders as well as attainable for the Learner Contracting Companies. Absa would further ensure that providing financial facilities would not in anyway over expose the Learner Contracting Company to an unacceptable level, which would affect the learner negatively in terms of his future credit record. In order to achieve the above outcomes, Absa will use the following approach: Provision of facilities to Learner Contracting Companies All Learner Contracting Companies identified and approved in terms of the criteria set by the panel will automatically qualify for financial facilities based on the individual contract requirements. To fulfil our obligation in providing finance, Absa will set criteria, which is acceptable to all stakeholders for the EPWP. In terms of the criteria to be developed, Absa will not expect the Learner Contracting Company to provide Tangible Security and will place reliance on the cash flow of the contract to ensure repayment of the facilities. Suretyship Absa will however, require a personal suretyship from the members/ shareholders in favour of the Company or Close Corporation. This is merely a formality to ensure liability can be transferred to a natural person/s. It will further protect all stakeholders against abuse of facilities by the owners/ managers of the Learner Contracting Companies.
APPROVAL OF FACILITIES. As per agreed criteria • Cession of payments due in terms of contract from Authority. • Copy of independent on-site training-project contracts. EPWP QUATERLY REPORT ON CONTRACTORS NAME OF CONTRACTOR ACCOUNT NUMBER EXPOSURE CHEQ ACC AVAF EXPOSURE INSURANCECOVER AMOUNT UNAUTHORISED EXCESSES NUMBER OFLATE PAYMENT BY MUNICIPALITY 5. Enrichment Training for Learner Contracting Companies Based on the target population of the EPWP, we believe it is important to assist the contractors / supervisors of the Learner Contracting Companies in understanding the operations of cheque account and minimum expectations from a bank for their customers. In order to assist the contractors / supervisors of the Learner Contracting Companies to understand the above, enrichment training sessions will be conducted with all new Learner Contracting Companies within 4 weeks of the account is being activated. Absa will ensure signoff in terms of the proposed training schedule is obtained and forwarded to all stakeholders quarterly. The scope of intervention should encompass the following areas: (Refer template on page 8) Business Cheque Account Electronic Banking Investments Security Facilities Proposed Training Schedule Date ……………………….. Branch ………… Bank Representative……………… Number of contractors …………………… Business Cheque Account COVERED Daily Operation Debt balance Credit balance. Overdraft Facilities Temporary Facilities. Interest on Overdraft Utilisation Signing Arrangements Debit Order Stop Order Stop Payment Reconciliation of statement. Electronic Banking. Internet Banking Call Account Fixed Deposits Savings Accounts Security Suretyship Tangible Cover Facilities New ( Requirements) Review (Requirements) We Hereby confirm that the above has been covered. Signed at .................................... on .............................
