Management Controls. The failure by the Issuer to comply with any of the covenants set forth below, unless specifically waived in writing by Holdings, shall entitle Holdings to a right to specific performance, other equitable remedies or damages available under applicable law. The holders of the Series E Preferred Stock shall have no rights or remedies under this Section 8.14 other than the right to receive copies of the Annual Budget Plan, Approved Annual Budget, Updated Budget and Approved Updated Budget pursuant to subsections (a) and (b) hereof.
Management Controls. (a) Continental has devised and maintained a system of disclosure controls and procedures designed to ensure that information required to be disclosed by Continental under the BCSA is recorded, processed, summarized and reported within the time periods specified in the BCSA. Such disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by Continental under the BCSA is accumulated and communicated to the management of Continental, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure. Such disclosure controls and procedures are effective in alerting the chief executive officer and chief financial officer of Continental in a timely manner to material information required to be disclosed by Continental under the BCSA.
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Management Controls. (i) [IIROC DEALER] shall adhere to its own internal control guidelines established to reflect best market practices and [IIROC DEALER] policies and procedures.
Management Controls. Terasen Inc. (i) has designed disclosure controls and procedures to ensure that material information relating to the Acquired Entities is made known to the management of Terasen Inc. by others within those entities, and (ii) has disclosed, based on its most recent report prior to the date hereof, to Terasen Inc.’s auditors and the audit committee of Terasen Inc. any fraud, whether or not material, that involves management or other employees who have a significant role in Terasen Inc.’s internal controls. Seller has made available to Buyer a summary of any such disclosure made by management to Terasen Inc.’s auditors and audit committee since January 1, 2006 as such disclosure pertains to the Acquired Entities.
Management Controls. It is the Community’s responsibility to ensure proper internal control procedures are implemented and adhered to. The following indicates areas where management controls are required: • General o All decisions of council must be by council resolution. o Council minutes need to be approved by council at the next council meeting. The minutes need to be endorsed by the chair of the meeting in which they were approved and by the community administrative officer. o Monthly financial statements need to be approved by council at the next council meeting. • Revenue o Communities need to have an internal control system for recording and collecting all locally generated revenue. o Rates for all services provided must be approved by council resolution. o Receipts are pre-numbered using Sage 50 software. • Payroll o All employees, including casual employees, are hired by council resolution. o Each permanent employee must have a current employee agreement signed by the employee and supervisor. The standard employee agreement to be used by communities is in Appendix A of the Employee Management Guide. o Each permanent employee must have a current job description. o All employees must have a designated supervisor. o There must be time sheets to support each payroll cheque to all employees which is signed by the employee’s appointed supervisor. o Each employee’s performance should be appraised at least once during the year by the appointed supervisor. o Each employee should have a training plan in place which addresses any deficiencies identified in the employee’s most recent appraisal. • Expenditures o All expenditures must be pre-authorized by council resolution or via a purchase order signed by someone delegated to do so by council resolution. o All invoices must have the receipt of goods indicated and are to be marked paid with the cheque number recorded on the invoice. o All cheques are pre-numbered and require two signatures. o All expenditures from the capital replacement reserve require department approval. o All disbursements from maintenance/operating reserves require a resolution by council. Expenditures must relate to the purpose for which each particular reserve was established. • Cash o Receipts must be deposited on a weekly basis if the amount exceeds $200. o Bank reconciliations must be completed on a monthly basis and balance to the general ledger. Appendix B Council Compensation Regulation THE NORTHERN AFFAIRS ACT (C.C.S.M. c. N100) Council Compensation ...
Management Controls. 25 SECTION 9. Indemnity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
Management Controls. The management of the Company (a) has established, and is maintaining, disclosure controls and procedures (as defined in applicable Laws) to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to the management of the Company by others within those entities and has evaluated the effectiveness of such disclosure controls and procedures, and (b) has disclosed, based on its most recent evaluation, to the auditors of the Company and the audit committee of the board of directors of the Company (i) all known significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting (as defined in applicable Laws) which are reasonably likely to adversely affect the ability of the Company to record, process, summarize and report financial data, and (ii) any fraud, whether or not material, that involves management or other employees who have a significant role in the internal control of the Company over financial reporting. The Company has provided to GSK a copy of all disclosures described in Section 3.27(b).
Management Controls. (a) The Contractor shall be responsible for maintaining, as an integral part of its organization, effective systems of management controls for both administrative and programmatic functions. Management controls comprise the plan of organization, methods, and procedures adopted by management to reasonably ensure that: the mission and functions assigned to the Contractor are properly executed; efficient and effective operations are promoted; computational, infrastructure, and data resources‘ confidentiality, integrity, and availability are maintained; resources are safeguarded against waste, loss, mismanagement, unauthorized use, or misappropriation; all encumbrances and costs that are incurred under the Contract and fees that are earned are in compliance with applicable clauses and other current terms, conditions, and intended purposes; all collections accruing to the Contractor in connection with the work under this Contract, expenditures, and all other transactions and assets are properly recorded, managed, and reported; and financial, statistical, and other reports necessary to maintain accountability and managerial control are accurate, reliable, and timely. The systems of controls employed by the Contractor shall be documented and satisfactory to NASA. Such systems shall be an integral part of the Contractor's management functions, including defining specific roles and responsibilities for each level of management, and holding employees accountable for the adequacy of the management systems and controls in their areas of assigned responsibility. The Contractor shall, as part of the internal audit program required elsewhere in this Contract, periodically review the management systems and controls employed in programs and administrative areas to ensure that they are adequate to provide reasonable assurance that the objectives of the systems are being accomplished and that these systems and controls are working effectively.
Management Controls. Risk Assessment, Planning, Systems and Services Acquisition, Certification, Accreditation and Security, and Program Management.
