Service Process Audits Sample Clauses

Service Process Audits. BBU may (subject to reasonable advance notice to Seller, no more frequently than twice during any twelve (12)-month period and for no longer than five (5) Business Days with respect to any audit) review and observe the processes used by Seller to perform the Services to the extent reasonably necessary for BBU to verify the accuracy of the Services and the data and information generated thereby. Notwithstanding the foregoing, if any such audit uncovers any specifically indentified defalcations (i.e., misappropriation of BBU’s funds), then (i) such audit shall be extended for a reasonable period of time as necessary for BBU and Seller to fully investigate such defalcations and (ii) BBU shall be entitled to perform one additional follow-up audit directed at such discovered defalcations within six (6) months following the conclusion of such original audit. Any such audits shall occur during normal business hours and shall be subject to such security, procedural, confidentiality and other restrictions or policies as Seller and its Seller Subcontractors may reasonably determine. BBU shall coordinate the timing and manner of any such audit with Seller to minimize the impact on Seller’s operations, including scheduling such audits at times other than Seller’s quarter- and year-end. If any such audit requires access to any third party’s facilities or records, such access shall be subject to such third party’s consent.
Sample 1
AutoNDA by SimpleDocs

Related to Service Process Audits

  • Compliance Support Services Provide compliance policies and procedures related to services provided by BNY Mellon and, if mutually agreed, certain of the BNY Mellon Affiliates; summary procedures thereof; and periodic certification letters. · Such Compliance Support Services are administrative in nature and do not constitute, nor shall they be construed as constituting, legal advice or the provision of legal services for or on behalf of a Fund or any other person, and such services are subject to review and approval by the applicable Fund and by the Fund’s legal counsel. · Provide access to Fund records so as to permit the Fund or TRP to test the performance of BNY Mellon in providing the services under this Agreement. · Such Compliance Support Services performed by BNY Mellon under this Agreement shall be at the request and direction of the Fund and/or its chief compliance officer (the “Fund’s CCO”), as applicable. BNY Mellon disclaims liability to the Fund, and the Fund is solely responsible, for the selection, qualifications and performance of the Fund’s CCO and the adequacy and effectiveness of the Fund’s compliance program.

  • Coordination, Oversight and Monitoring of Service Providers As set forth in the Administrative Services Agreement between the Fund and CRMC, CRMC shall coordinate, monitor and oversee the activities performed by the Service Providers with which AFS contracts. AFS shall monitor Service Providers’ provision of services including the delivery of Customer account statements and all Fund-related material, including summary prospectuses and/or prospectuses, shareholder reports, and proxies.

  • Commercialization Reports After the First Commercial Sale of a Licensed Product anywhere in the Territory, LICENSEE shall submit to Cornell semi-annual reports on or before each February 28 and August 31 of each year. Each report shall cover LICENSEE’s (and each Affiliate’s and Sublicensee’s) most recently completed calendar half-year and shall show:

  • Sale of Products; Performance of Services (a) Each product, system, program, or other asset designed, developed, manufactured, assembled, sold, installed, repaired, licensed or otherwise made available by any of the Company or any of its subsidiaries to any person:

  • Support Services Other than the assistance provided in the Information, the BNPP Entities do not offer any support services in connection with the Software.

  • TECHNICAL SUPPORT SERVICES 2.1 The technical support services (the "Services"): Party A agrees to provide to Party B the relevant services requested by Party B, which are specified in Exhibit 1 attached hereto ("Exhibit 1").

  • SERVICE XXXX USE A. Controlled Affiliate recognizes the importance of a comprehensive national network of independent BCBSA licensees which are committed to strengthening the Licensed Marks and Name. The Controlled Affiliate further recognizes that its actions within its Service Area may affect the value of the Licensed Marks and Name nationwide.

  • Performance of Services in Accordance with Regulatory Requirements; Furnishing of Books and Records In performing the services set forth in this Agreement, the Manager:

  • Data Necessary to Perform Services The Trust or its agent shall furnish to USBFS the data necessary to perform the services described herein at such times and in such form as mutually agreed upon.

  • Contracts With Service Providers 13 Section 1.

Time is Money Join Law Insider Premium to draft better contracts faster.