Audit Certificate for National NGO Implementing Partners Sample Clauses

Audit Certificate for National NGO Implementing Partners. For all UNHCR Agreements with an aggregate budget of US $ 100,000 and above, UNHCR, in consultation with the Agency, will engage an audit firm to conduct an independent audit of the Sub-Project. The audit report and certificate shall be submitted to UNHCR, within three months of the final date for liquidation of commitments. They shall state whether the Final Implementing Partner Financial Monitoring Report (Final IPFMR) submitted by the Agency to UNHCR gives a true and fair view of the state of affairs of the Sub-Project over the period of operation. The report should include such comments as the auditor may deem appropriate in respect of Sub-Project operations generally. For all UNHCR Agreements having a budget of less than US$ 100,000, UNHCR reserves the right to engage an audit firm.
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Related to Audit Certificate for National NGO Implementing Partners

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  • Substituted Limited Partners A. No Limited Partner shall have the right to substitute a transferee as a Limited Partner in his or her place (including any transferee permitted by Section 11.3). The General Partner shall, however, have the right to consent to the admission of a transferee of the interest of a Limited Partner pursuant to this Section 11.4 as a Substituted Limited Partner, which consent may be given or withheld by the General Partner in its sole and absolute discretion. The General Partner’s failure or refusal to permit a transferee of any such interests to become a Substituted Limited Partner shall not give rise to any cause of action, whether at law or in equity, against the Partnership or any Partner.

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