Accounting Controls definition

Accounting Controls has the meaning set forth in Section 2(a)(xxiii)(A)(I).

Accounting Controls is defined in Section 5.20(a)(i). “Affiliate” means, at any time, and with respect to any Person, any other Person that at such time directly or indirectly through one or more intermediaries Controls, or is Controlled by, or is under common Control with, such first Person. Unless the context otherwise clearly requires, any reference to an “Affiliate” is a reference to an Affiliate of the Company. “Agreement” means this Bond Purchase Agreement dated as of June 8, 2018. “Anti-Corruption Laws” means any law or regulation in a U.S. or any non-U.S. jurisdiction regarding bribery or any other corrupt activity, including the U.S. Foreign Corrupt Practices Act and the U.K. Xxxxxxx Xxx 0000. “Anti-Money Laundering Laws” means any law or regulation in a U.S. or any non-U.S. jurisdiction regarding money laundering, drug trafficking, terrorist-related activities or other money laundering predicate crimes, including the Currency and Foreign Transactions Reporting Act of 1970 (otherwise known as the Bank Secrecy Act) and the USA PATRIOT Act. “Blocked Person” means (a) a Person whose name appears on the list of Specially Designated Nationals and Blocked Persons published by OFAC, (b) a Person, entity, organization, country or regime that is blocked or a target of sanctions that have been imposed under U.S. Economic Sanctions Laws or (c) a Person that is an agent, department or instrumentality of, or is otherwise beneficially owned by, controlled by or acting on behalf of, directly or indirectly, any Person, entity, organization, country or regime described in clause (a) or (b). “Bond Documents” shall mean this Agreement, the Bonds, the Supplemental Indenture, the Mortgage and all amendments, supplements and other modifications thereto. “Bonds” is defined in Section 1. “Business Day” means any day other than a Saturday, a Sunday or a day on which commercial banks in New York, New York are required or authorized to be closed. “Closing” is defined in Section 3. “Code” means the Internal Revenue Code of 1986 and the rules and regulations promulgated thereunder from time to time in effect. “Company” means Potomac Electric Power Company, a corporation organized and existing under the laws of the District of Columbia and a domestic corporation of the Schedule B (to Bond Purchase Agreement)

Accounting Controls is defined in Section 5.20(a)(i).

Examples of Accounting Controls in a sentence

• So long as this Note is outstanding, the Company and each of its Subsidiaries shall maintain, in all material respects, a system of internal accounting controls consistent with the Internal Accounting Controls (as defined in the Securities Purchase Agreement).

• Designed to Detect and Prevent Insider Trading • Procedures for Receiving and Responding to Complaints Regarding Fund Accounting, Internal Accounting Controls or Auditing Matters and Regulatory or other Compliance Issues (Whistleblower) • Portfolio Holdings Dissemination Policy and Procedures The interests of Advisory Clients must always come first.

• During the course of the audit, an evaluation of the District’s system of Internal Accounting Controls will be made and the findings will be reported annually in a management letter.

• Internal Accounting Controls The in-house payroll software calculates payroll withholdings, which are reviewed and verified by the Back-Office provider.

• The Company has formulated a Whistle Blower Policy which provides a mechanism for employees to raise concerns that relate to violation of the Code of Conduct, Accounting, Internal Accounting Controls, Auditing Matters and applicable national and international laws including statutory / regulatory rules and regulations.

• Internal Accounting Controls in the Office of the Future, IEEE Computer Journal, May 1981 (with Andrew Bailey, James Gerlach and Andrew Whinston).

• Methodology, Procedures and Internal Accounting Controls -------------------------------------------------------- a.

• Accounting Controls: Expenditures must be supported by invoices, contracts, purchase orders, etc., Wages: Wages supported by more than one funding source must be documented by records that clearly show the time distribution and wage breakdowns between programs.

• Please also note that IPG has a Procedure for Complaints Regarding Accounting, Internal Accounting Controls or Auditing Matters, Fight Against Bribery, Banking and Financial Crime available online at http://investor.ipgphotonics.com/documents.cfm.

• The policy sets out ways through which the stakeholders can raise concerns that relate to actual or suspected violations of the Code of Conduct, Accounting, Internal Accounting Controls, Auditing Matters and applicable laws including statutory / regulatory rules and regulations which includes but not limited to Companies Act, Securities and Exchange Board of India Act and Foreign Exchange Management Act.

More Definitions of Accounting Controls

Accounting Controls. The Corporation maintains a system of internal accounting controls sufficient to provide reasonable assurance that: (i) transactions are completed in accordance with the general or a specific authorization of management of the Corporation; (ii) transactions are recorded as necessary to permit the preparation of consolidated financial statements for the Corporation in conformity with U.S. GAAP and to maintain asset accountability; (iii) access to assets of the Corporation and the Subsidiaries is permitted only in accordance with the general or a specific authorization of management of the Corporation; and (iv) the recorded accountability for assets of the Corporation and the Subsidiary is compared with the existing assets of the Corporation and the Subsidiaries at reasonable intervals and appropriate action is taken with respect to any differences therein.