Independence Requirement Sample Clauses

Independence Requirement. The audit may be performed by trained members of a Service Provider's audit department who are independent of the personnel working in the areas that are exposed to potential issues related to money laundering activities, or by an independent third party. The audit personnel must be knowledgeable regarding the requirements of the Act, the BSA and money laundering activities.
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Independence Requirement. The Employee acknowledges that Consulting is, and for an indefinite period of time after the Separation may continue to be, subject to the Auditor Independence Rules. The Employee agrees to abide at all times (including after any termination of employment with Consulting) by the Auditor Independence Rules applicable to KPMG and to take any and all action requested by the Board of Directors of KPMG in connection with such Auditor Independence Rules. The Employee agrees and understands that the breach of the covenant in the immediately preceding sentence may impair the independence of KPMG (an "Independence Conflict").
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Independence Requirement. Notwithstanding the foregoing, at least three of the Fairmount Directors shall at all times qualify as Independent Directors (the Independence Requirement, and each Fairmount Director qualifying as an Independent Director, a Fairmount Independent Director). In the event that the Independence Requirement is not satisfied due to the number of Fairmount Independent Directors being less than three as a result of any Fairmount Independent Director no longer qualifying as an Independent Director (a Non-qualifying Director) such Non-qualifying Director shall be removed from the Board and the vacancy created by such removal shall be filled in accordance with Section 2.2(a)(ii).
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Independence Requirement. ..15 Section 5.2. Separation Prior to the Restricted Period End Date.......................16 Section 5.3. Separation After the Restricted Period End Date..........................16 Section 5.4. Auditor Independence Related Divestitures................................16 Section 5.5. Covenants................................................................16 ARTICLE VI
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Independence Requirement. 7 ARTICLE III
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Independence Requirement. 6 Section 2.2. Separation Prior to the IPO................................................................7 Section 2.3. Covenants..................................................................................7
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Independence Requirement. The Member agrees to abide by the Auditor Independence Rules applicable to KPMG and to take any and all action requested by the Board of Directors of KPMG in connection with such Auditor Independence Rules. The Member agrees and understands that the breach of the covenant in the immediately preceding sentence may impair the independence of KPMG (an "Independence Conflict").
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Related to Independence Requirement

  • Compliance Requirements K. If using volunteers as provided for in this Contract during FY19, which encompasses the Contract term of July 1, 2019 to June 30, 2020, then the Grantee must either:

  • CONTRACT COMPLIANCE REQUIREMENT The HUB requirement on this Contract is 0%. The student engagement requirement of this Contract is 0 hours. The Career Education requirement for this Contract is 0 hours. Failure to achieve these requirements may result in the application of some or all of the sanctions set forth in Administrative Policy 3.10, which is hereby incorporated by reference.

  • Diligence Requirements Company shall use diligent efforts, or shall cause its Affiliates and Sublicensees to use diligent efforts, to develop Licensed Products and to introduce Licensed Products into the commercial market; thereafter, Company or its Affiliates or Sublicensees shall make Licensed Products reasonably available to the public. Specifically, Company or Affiliate or Sublicensee shall fulfill the following obligations:

  • Quality Assurance Requirements There are no special Quality Assurance requirements under this Agreement.

  • Notice and Evidence Requirements (a) To be entitled to leave under Clause 44 an employee must give the employer notice of the period, or expected period of the leave:

  • Age Requirement The employee must have reached the age of fifty-five (55) before reduction in workload.

  • Insurance Requirement A. General Provisions Applying to All Policies

  • Time Requirements The Independent Contractor will not be required to follow or establish a regular or daily work schedule, but shall devote during the term of this Agreement the time, energy and skill as necessary to perform the services of this engagement and shall, periodically or at any time upon the request of the Company, submit information as to the amount of time worked and scope of work performed.

  • Performance Requirements 1. Neither Party may impose or enforce any of the following requirements, or enforce any commitment or undertaking, in connection with the establishment, acquisition, expansion, management, conduct or operation of an investment of an investor of a Party or of a non-Party in its territory:

  • Conference requirement and procedure 4.5.1 The employer, or the employers’ representative, shall, when requested by the employees or an employee representative, confer (within a reasonable period of time which should not exceed 1 hour) for the purpose of determining weather or not conditions are inclement. Weather shall not be regarded as inclement unless it is agreed at such conference.

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