Final Distribution of Funds and Professional Audit Sample Clauses

Final Distribution of Funds and Professional Audit. The final distribution of funds shall be completed as soon as possible after the Event, but no later than four (4) months following the Event. A professional audit shall be conducted thirty (30) days after the final distribution of funds by either: (i) IEEE’s internal audit department, or (ii) an outside certified public accounting firm that has been preapproved by IEEE. IEEE shall be responsible for all direct costs of such an audit. Results of the audit and all backup documentation, regardless of the auditor, shall be sent to xxxxxxxxxx-xxxxxxx@xxxx.xxx upon completion of the audit.
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Final Distribution of Funds and Professional Audit. The final distribution of funds shall be completed as soon as possible after the Event, but no later than four (4) months following the Event. A professional audit shall be conducted thirty (30) days after the final distribution of funds by either: (i) IEEE’s internal audit department, or (ii) an outside certified public accounting firm that has been preapproved by IEEE. IEEE shall be responsible for all direct costs of such an audit. Results of the audit and all backup documentation, regardless of the auditor, shall be sent to xxxxxxxxxx-xxxxxxx@xxxx.xxx upon completion of the audit. Contracts: Management Company, when negotiating contract(s), shall consult with IEEE to ensure that all contracts are in compliance with IEEE’s standards. Management Company shall ensure all contracts will be sent to xxxxxxxxxx-xxxxxxxxx@xxxx.xxx for review and execution pursuant to IEEE policies and procedures. Management Company and IEEE expressly agree that the Management Company does not have the right, power or authority to enter into any contract, including, but not limited to, Memorandum of Understandings, grant agreements, letters of intent, revenue agreements or subsidies agreements, sponsorship agreements or commission agreements, on behalf of IEEE or any of its employees, subsidiaries, affiliates or agents.
Sample 1

Related to Final Distribution of Funds and Professional Audit

  • Certification of the Settlement Class For purposes of this Settlement only, the Parties stipulate to the certification of the Settlement Class, which is contingent upon the Court entering the Final Approval Order and Judgment of this Settlement and the occurrence of the Effective Date.

  • Final Certificate, Design Professional’s Certificate of Final Completion The Certificate issued by the Design Professional stating that all work has been completed in accordance with the terms of the Contract Documents. See Section 6,

  • Regulatory Good Standing Certification - Explanation - Continued If Vendor responded to the prior attribute that "No", Vendor is not in good standing, Vendor must provide an explanation of that lack of good standing here for TIPS consideration. No response

  • RECORD RETENTION AND INSPECTION/AUDIT SETTLEMENT The Contractor shall maintain accurate and complete financial records of its activities and operations relating to this Contract in accordance with generally accepted accounting principles. The Contractor shall also maintain accurate and complete employment and other records relating to its performance of this Contract. The Contractor agrees that the County, or its authorized representatives, shall have access to and the right to examine, audit, excerpt, copy, or transcribe any pertinent transaction, activity, or record relating to this Contract. All such material, including, but not limited to, all financial records, bank statements, cancelled checks or other proof of payment, timecards, sign-in/sign-out sheets and other time and employment records, and proprietary data and information, shall be kept and maintained by the Contractor and shall be made available to the County during the term of this Contract and for a period of five (5) years thereafter unless the County’s written permission is given to dispose of any such material prior to such time. All such material shall be maintained by the Contractor at a location in Los Angeles County, provided that if any such material is located outside Los Angeles County, then, at the County’s option, the Contractor shall pay the County for travel, per diem, and other costs incurred by the County to examine, audit, excerpt, copy, or transcribe such material at such other location.

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

  • Appointment of Independent Engineer The Authority shall appoint a consulting engineering firm from a panel of 10 (ten) firms or bodies corporate, constituted by the Authority substantially in accordance with the selection criteria set forth in Schedule-P, to be the independent consultant under this Agreement (the “Independent Engineer”). The appointment shall be made no later than 90 (ninety) days from the date of this Agreement and shall be for a period of 3 (three) years. On expiry or termination of the aforesaid period, the Authority may in its discretion renew the appointment, or appoint another firm from a fresh panel constituted pursuant to Schedule-P to be the Independent Engineer for a term of 3 (three) years, and such procedure shall be repeated after expiry of each appointment.

  • Escrow Agent Not Responsible for Furnished Information The Escrow Agent will have no responsibility for seeking, obtaining, compiling, preparing or determining the accuracy of any information or document, including the representative capacity in which a party purports to act, that the Escrow Agent receives as a condition to a release from escrow or a transfer of escrow securities within escrow under this Agreement.

  • CERTIFICATION OF INDEPENDENT PRICE DETERMINATION By submission of this bid, the Bidder certifies, and in the case of a joint bid each party thereto certifies as to its own organization, that in connection with this procurement:

  • Distribution of Funds Deliver (i) to Seller, or order, the cash portion of the Purchase Price, adjusted for prorations, charges and other credits and debits provided for herein; and (ii) to Buyer, or order, any excess funds delivered to Escrow Agent by Buyer. Such funds shall be delivered by wire transfer or cashier’s check in accordance with instructions for Seller and Buyer; if no instructions are given, Escrow Agent shall deliver such funds by Escrow Agent’s check via overnight courier (or as otherwise requested by the intended recipient) to the appropriate party at the address set forth for notice in this Agreement.

  • Certification of Settlement Class Promptly after execution of the Settlement Agreement, Class Counsel will ask the Court to issue an order certifying the Settlement Class for settlement purposes only. Xxxxx agrees not to object to this request without waiver of its right to contest certification or the merits of the Lawsuit if the settlement does not receive final approval or the Effective Date (defined in paragraph 14 below) does not occur.

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