Vendor Oversight Sample Clauses

Vendor Oversight. Any Vendor engaged by the Servicer shall be engaged on commercially reasonable, arm’s length basis and at competitive rates of compensation. Upon request, the Servicer shall provide the Owner with the names of any Vendor used by the Servicer in connection with the performance of any of its obligations under this Agreement. If the Owner or the Servicer identifies any Vendor as having been materially deficient, including as a result of reputational, financial, legal, expense or performance issues, the Servicer shall take appropriate measures to assess if such deficiency can be corrected, and if not, to replace such Vendor for the obligations set forth in this Agreement as soon as reasonably practical with a Vendor acceptable under Acceptable Servicing Practices. The Servicer shall require that all Vendors, as a condition to their engagement by the Servicer, agree (i) to be bound by provisions substantially similar in nature and in all material respects to provisions of this Agreement applicable to the services provided by such Vendor with respect to this Agreement (specifically, but not limited to, compliance with Acceptable Servicing Practices) and (ii) to implement policies and procedures relating to services provided with respect to this Agreement that comply with all Applicable Law and the servicing standards consistent with this Agreement. At the request of the Owner, the Servicer shall use commercially reasonable efforts to cause its Vendors performing services with respect to the Mortgage Loans to respond to any reasonable inquiries by the Owner or its regulators relating to any such Vendor’s performance of such services and compliance with Applicable Law, including without limitation inquiries regarding such Vendor’s qualifications, expertise, capacity and staffing levels, training programs, work quality and workload balance, reputation (including complaints), information security, document custody practices, business continuity, and financial viability.
Sample 1
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Vendor Oversight. Each party shall require its agents and contractors with access to Confidential Information to regularly test key controls, systems, and procedures relating to the Information Security Program. The party shall determine the frequency and nature of such tests based on its own risk assessment.
Sample 1
Vendor Oversight. Provide general oversight of Fund service providers, other than money managers and managers of underlying funds in which the Funds are invested Accounting and Financial Reporting · Review and authorize filing of semi-annual and annual financial statements, including Form N-CSR · Review and authorize filing of quarterly portfolio holdings disclosures, including Form N-Q · Certify Form N-CSR and Form N-Q · Review and authorize filing of semi-annual filing on Form N-SAR · Review and authorize filing of annual filing on Form 24f-2 · Perform such duties as may be authorized or delegated by the Board of Directors of TIP (e.g., declare dividends, sign documents) · Coordinate audit/tax work among audit firm and vendors · Review and monitor expense budgets and accruals · Review and approve tax positions (e.g., with respect to RIC qualification) · Review and approve payment of Fund fees and invoices · Review and approve Fund expense ratios, including calculation methodology · Review and approve distribution projections and distribution rates · Review and approve tax forms and filings (e.g., Forms 1099, tax returns) · Review Board materials as requested, including one month performance lag analysis exhibit · Serve on Disclosure Control Committee; coordinate meetings and maintain minutes Legal and Regulatory · Coordinate legal issues with outside counsel · Respond to inquiries from and coordinate with independent counsel to the independent trustees · Review and authorize filing of Form N-PX · Review and approve filing of registration statement updates, stickers, proxy statements, information statements, exemptive applications, and amendments or supplements thereto · Coordinate distribution and review of responses to TIP’s Board of Directors’ questionnaires · Coordinate matters related to maintenance of Fund’s legal existence · Prepare or review and coordinate production and distribution of materials for Board meetings, shareholder meetings and, if requested, committee meetings (e.g., agendas, proposals, resolutions, minutes, schedules), but not including those matters that are required or appropriate to be prepared or reviewed by TAS · Prepare, review, and negotiate contracts with Fund service providers, other than money managers or managers of underlying funds in which the Funds invest · Coordinate renewal of fidelity bond and E&O/D&O coverage · Coordinate adoption by the Funds of new legal and regulatory requirements Other · Review and authorize release of sharehold...
Sample 1
Vendor Oversight 
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Related to Vendor Oversight

  • Project Oversight Inspection and acceptance of the Work shall be performed by Xxxxxx Xxxxxx, Construction Manager of the Planning, Development & Facilities Department of the District. The architect for the Project is not applicable to this project, and the Project Manager on the Project is Xxxxxx Xxxxxx, (“Project Manager”)

  • Oversights If failure to pay any premium due or to perform any other act required by this Agreement is unintentional and is caused by misunderstanding or oversight, the Reinsured and the Reinsurer will adjust the situation to what it would have been had the misunderstanding or oversight not occurred.

  • Oversight The Licensing Officer shall oversee the quality of the services provided by the Licensee and the reasonableness of the prices charged. The Licensing Officer may advise the Licensee from time to time of any source of dissatisfaction and request correction.

  • Independent Contractor; Authority Notwithstanding the Services provided by the Administrator pursuant to this Agreement, the Administrator shall be deemed to be an independent contractor with respect to the Services. The management, policies and operations of the Parties (including the ultimate approval of the making or disposition of the Painting by the Issuer or Masterworks Cayman, and the terms and conditions thereof) shall be the responsibility of the Parties other than the Administrator.

  • Contractor’s Representative Contractor hereby designates [***INSERT NAME OR TITLE***], or his or her designee, to act as its representative for the performance of this Agreement (“Contractor’s Representative”). Contractor’s Representative shall have full authority to represent and act on behalf of the Contractor for all purposes under this Agreement. The Contractor’s Representative shall supervise and direct the Services, using his best skill and attention, and shall be responsible for all means, methods, techniques, sequences and procedures and for the satisfactory coordination of all portions of the Services under this Agreement.

  • Owner’s Representatives 9.1.1 Owner designates the individual listed below as its Senior Representative (“Owner Senior Representative”), which individual has the authority and responsibility for avoiding and resolving disputes under Section 10.2 of the General Conditions: Director Title University of Washington University Facilities Building Box 352205 Xxxxxxx, XX 00000-0000 Phone Email:

  • Board Oversight 1. Within 60 days of this Agreement, the board of directors of the Bank shall submit to the Reserve Bank a written plan to strengthen board oversight of the management and operations of the Bank. The plan shall, at a minimum, address, consider, and include:

  • Construction Manager The individual, partnership, corporation, joint venture, or any combination thereof, or its authorized representative, named as such by the District. If no Construction Manager is used on the Project that is the subject of this Contract, then all references to Construction Manager herein shall be read to refer to District.

  • Vendor Ombudsman Pursuant to section 215.422(7), Florida Statutes, the Florida Department of Financial Services has established a Vendor Ombudsman, whose duties and responsibilities are to act as an advocate for vendors who may have problems obtaining timely payments from state agencies.

  • Contractor’s Project Manager and Key Personnel Contractor shall appoint a Project Manager to direct the Contractor’s efforts in fulfilling Contractor’s obligations under this Contract. This Project Manager shall be subject to approval by the County and shall not be changed without the written consent of the County’s Project Manager, which consent shall not be unreasonably withheld. The Contractor’s Project Manager shall be assigned to this project for the duration of the Contract and shall diligently pursue all work and services to meet the project time lines. The County’s Project Manager shall have the right to require the removal and replacement of the Contractor’s Project Manager from providing services to the County under this Contract. The County’s Project manager shall notify the Contractor in writing of such action. The Contractor shall accomplish the removal within five (5) business days after written notice by the County’s Project Manager. The County’s Project Manager shall review and approve the appointment of the replacement for the Contractor’s Project Manager. The County is not required to provide any additional information, reason or rationale in the event it The County is not required to provide any additional information, reason or rationale in the event it requires the removal of Contractor’s Project Manager from providing further services under the Contract.

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