Update statement Sample Clauses

An Update Statement clause requires one party to provide the other with regular or periodic updates regarding specific information or progress related to the agreement. Typically, this clause outlines the frequency, format, and content of the updates, such as monthly status reports on project milestones or financial disclosures. Its core practical function is to ensure transparency and keep all parties informed, thereby reducing misunderstandings and facilitating timely decision-making.
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Update statement. An update statement must be submitted instead of a true-up order if, since the initial order or last true-up order, Enrolled Affiliate’s Enterprise: (1) has not changed the number of Qualified Devices and Qualified Users licensed with Enterprise Products or Enterprise Online Services; and (2) has not increased its usage of Additional Products. This update statement must be signed by Enrolled Affiliate’s authorized representative.
Update statement. An update statement must be submitted if there has been no change in the number of Products used within Enrolled Affiliate’s Enterprise since the latter of the initial order, the last true-up order, or the prior anniversary date. This update statement must be signed by Enrolled Affiliate’s authorized representative.
Update statement. An update statement must be submitted instead of a true-up order if, since the initial order or last true-
Update statement. An update statement must be submitted instead of a true-up order if, since the initial order or last true-up order, Enrolled Affiliate's Enterprise has not: (1) changed the number of Qualified Devices and Qualified Users licensed with Enterprise Products or Enterprise Online Services; and (2) increased its usage of Additional Products. This update statement must be signed by Enrolled Affiliate's authorized representative. The update statement must be received by Microsoft between 60 and 30 days prior to the Enrollment anniversary date. The last update statement is due within 30 days prior to the Expiration Date.
Update statement. A form developed by DCAMM, as defined in 810 CMR 4.01, to be completed by a General Contractor and submitted with all proposals.
Update statement. (mandatory, no points assigned) All SOQs submitted after January 1, 2006 must include a fully completed and current Update Statement prepared by the Applicant. FOR DCAMM USE ONLY Applicants that are certified by the Massachusetts Supplier Diversity Office (“SDO”) as either a Minority Business Enterprise, a Women Business Enterprise or a Minority/Women Business Enterprise and provide documentation of current SDO certification with their SOQ will have an additional 5 points added to their overall score. If the Applicant is a joint venture, the Applicant must submit a copy of the joint venture agreement, signed by each member, and the joint venture agreement must clearly identify, for each member of the joint venture, such member’s proportionate share or interest in the financial or other benefits, risks or liabilities of the venture (“joint venture interest”). One member of the joint venture must have a joint venture interest greater than fifty (50) percent (“the Lead Venturer”). The requirements for prequalification in 2.3 a-f above shall be met by each member of the joint venture; and the bonding requirements of 2.3 d above shall be met by the Lead Venturer or by the joint venture as an entity. A joint venture prequalified by the Prequalification Committee must obtain a Certificate of Eligibility from DCAMM prior to the time bids are filed and must submit the Joint Venture’s Certificate of Eligibility with its bid. Joint ventures must be submitted for consideration by the Prequalification Committee. Following the deadline for submission of SOQs for a specific category of work, joint ventures for that category of work which were not submitted to the Prequalification Committee may not bid on that category of work, except that two firms both of whom were independently prequalified by the Prequalification Committee for that category of work, may form a joint venture to bid that category of work without further consideration by the Prequalification Committee provided the Joint Venture has been DCAMM Certified prior to submitting its bid and submits the Joint Venture’s Certificate of Eligibility with its bid. The scoring system shall provide for the assigning of scores as follows. The Prequalification Committee shall first consider whether the Applicant has met the requirements of Subparagraphs d, e and f, bonding commitment letter, certificate of eligibility and update statement. If the Applicant has satisfied the criterion, it shall be awarded up to 100 points...