Class records Clause Samples
The "Class records" clause establishes requirements for the maintenance and management of records related to a particular class, such as a group of students or participants. It typically outlines what information must be documented, who is responsible for keeping these records, and how long they should be retained. For example, it may require attendance logs, grades, or disciplinary actions to be accurately recorded and securely stored. The core function of this clause is to ensure accountability and transparency by providing a clear record of activities and decisions pertaining to the class, which can be referenced in case of disputes or for compliance purposes.
Class records arrange for the Agent to have access electronically to the class records of each Vessel by either (i) arranging for the relevant Classification Society to give the Agent direct access to such class records or (ii) designating the Agent as a user or administrator of the relevant Owner’s electronic accounts with the relevant Classification Society; and
Class records. Teachers shall keep a class record (grade book or other approved data collection medium) of student evaluations and attendance and other such educationally related records as may be reasonably required.
Class records. The Borrower shall arrange for the Bank to have access electronically to the class records of each Ship by either (i) arranging for the relevant Classification Society to give the Bank direct access to such class records or (ii) designating the Bank as a user or administrator of the Borrower’s electronic accounts with the relevant Classification Society;
Class records. Each Borrower shall use best endeavours to procure upon Lender’s request that the Approved Classification Society referred to in Clause 13.3(b) shall:
(a) send to the Lender, following receipt of a written request from the Lender, certified true copies of all original class records held by the Approved Classification Society in relation to the Ship owned by it;
(b) allow the Lender (or its agents), at any time and from time to time, on reasonable notice, to inspect the original class and related records of that Borrower and the Ship owned by it at the offices of the Approved Classification Society and to take copies of them;
(c) notify the Lender immediately in writing if:
(i) the Approved Classification Society of a Ship is to be changed; or
(ii) the Approved Classification Society becomes aware of any facts or matters which may result in or have resulted in a change, suspension, discontinuance, withdrawal or expiry of any Ship’s class under the rules or terms and conditions of that Borrower’s or any Ship’s membership of the Approved Classification Society;
(d) following receipt of a written request from the Lender:
(i) confirm that that Borrower is not in default of any of its contractual obligations or liabilities to the Approved Classification Society and, without limiting the foregoing, that it has paid in full all fees or other charges due and payable to the Approved Classification Society; or
(ii) if that Borrower is in default of any of its contractual obligations or liabilities to the Approved Classification Society, specify to the Lender in reasonable detail the facts and circumstances of such default, the consequences of such default, and any remedy period agreed or allowed by the Approved Classification Society. Provided however that all the Lender’s requests from and/or notices to the relevant Approved Classification Society referred to in this Clause 13.4 shall always be sent with a copy to the relevant Borrower.
Class records. Provide to the Agent on request copies of the class records, documents and information;
Class records. “Class Records” means the electronic time and payroll records for all Class Members to be provided by the Settling Entities to Class Counsel, as described in Section 3.4(B)(1).