Compliant Clause Samples

Compliant. The precondition for assignment involved the formation of the CSD, CSD approval and execution of the FSA Agreement with the Master developer and CSD approval and execution of a Master Acquisition and Reimbursement Agreement with the Developer providing for urban infrastructure urban services for the Community and the Property, in whole or in part, consistent with the PSA Agreement. All these conditions had been met before any part of the property was transferred.

Compliant. If the vendor enters the phrase “compliant” in a matrix cell they are indicating that the product they are bidding is fully compliant with the referenced specification section and all sub-sections. Submit a product technical specification sheet for each compliant product that the vendor requests to be part of this contract. The specification sheet must contain all source information per DMS Radio Performance specifications (Attachment 1) to include MILSTD for Category 1 products (except Base Station Repeater and RF Control Station). Any incomplete product specification sheets will not be considered.

Compliant. FROM AMENDED AND RESTATED DEVELOPMENT AGREEMENT (A-00-924, APPROVED 10/17/2000)

Compliant. Development of Property as a Private Undertaking: The development of the property is a private undertaking, and no partnership, joint venture or other association with the County is intended. No third-party beneficiary rights are created by the DA unless otherwise set forth.

Compliant. “Compliant” means, with respect to the Required Information, that (a) such Required Information does not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the Required Information, in light of the circumstances under which the statements contained therein are made, not misleading; (b) the auditors of any historical financial statements included in the Required Information have not withdrawn any audit opinion with respect to any such audited financial statements; and (c) it has not become necessary to restate any historical financial statements contained in the Required Information and no such restatement shall be under consideration by the Seller, any of its Subsidiaries or the auditors of any historical financial statements included in the Required Information.

Compliant. Check whether progress towards one or more activities has been included in MERIT. 5. If no progress has been entered into MERIT and the onsite audit is yet to be completed, ensure auditors confirm timing of MERIT reporting with Service Provider during the audit. 6. If no progress has been entered into MERIT and the onsite audit has been completed, seek explanation from Service Provider. 1

Compliant. As used in this paragraph, "major" shall mean properties or entities the failure of which to be Year 2000 Compliant would have a material adverse economic impact upon Borrower. The term "Year 2000 Compliant" shall mean that all software, hardware, equipment, goods or systems utilized by or material to the physical operations, business operations, or financial reporting of such property or entity (collectively, the "systems") will properly Perform date sensitive functions before, during and after the year 2000. In furtherance of this covenant, Borrower shall, in addition to any other necessary actions, perform a comprehensive review and assessment of all systems of Borrower, and shall adopt a detailed plan, with itemized budget, for the testing, remediation, and monitoring of such systems. Borrower has provided Agent with satisfactory documentation and shall provide to Agent such additional certifications or other evidence of Borrower's compliance with the terms of this paragraph as any Lender may from time to time reasonably require.

Compliant. Notwithstanding the foregoing, Amdocs shall not use machines or Third Party Standard Materials that Amdocs has reason to know are not Year 2000 Compliant without Sprint's prior written approval.

Compliant. “Compliant” means, with respect to the Required Financing Information, without giving effect to any supplements or updates, that (a) such Required Financing Information does not contain any untrue statement of a material fact regarding the Acquired Companies or omit to state any material fact regarding the Acquired Companies necessary in order to make such Required Financing Information not misleading, (b) no audit opinion or authorization letter with respect to any financial statements (or any portion thereof) contained in the Required Financing Information shall have been withdrawn, amended or qualified, (c) such Required Financing Information complies in all material respects with all applicable requirements of Regulation S-K and Regulation S-X under the Securities Act for a registered public offering of debt securities (other than such provisions (A) with which compliance is not customary in an offering of high-yield non-convertible debt securities under Rule 144A promulgated under the Securities Act and (B) applicable to any Excluded Information), (d) the financial statements and other financial information included in such Required Financing Information would not be deemed stale or otherwise be unusable under customary practices for registered offerings and private placements of debt securities under Rule 144A promulgated under the Securities Act or another exemption from registration under the Securities Act, (e) the financial statements and other financial information included in the Required Financing Information are, and remain through the Closing, sufficient to permit the Financing Sources to receive customary comfort letters from the Company’s independent auditors with respect to such financial information (including customary negative assurance comfort with respect to periods following the end of the latest fiscal year and fiscal quarter for which historical financial statements are included) on any date prior to the Closing, and (f) the Company shall not have indicated its intent to restate any historical financial statement (or any portion thereof) contained in the Required Financing Information, and no such restatement shall be under active consideration or a possibility.