Examples of Cenit in a sentence
On January 3, 2017, the merger by absorption process was completed between Sento S.A.S and Cenit S.A.S ("CENIT"), with the latter being the absorbing corporation.
In a wide definition, there is conflict of interest in any action that must be carried out or decision that must be made by a person in the name or on behalf of Cenit or pursuant to the activities or functions assigned by this Company (by the competent persons); that ay be to the benefit o the person acting or deciding, its spouse or partner, its relatives, or a legal entity in which he / she, its spouse or partner or its relatives have economic interests or discharge management or direction duties.
Any occasion or instance in which the governor determines state assistance is needed to supplement local efforts and capabilities to save lives, protect property and the public health and safety, or to lessen or avert the threat of a catastrophe in any part of the state.
The Head of Internal Audit and its work team cannot discharge duties or have roles within the management and operation of Cenit, and they cannot take part in administrative or decision – making processes that imply authorizations, approval or endorsement on their part.
Each employee represents Cenit as organization in the dialogs with stakeholders.
On its part, Cenit has the obligation to propitiate the culture of prevention, detection and control of any event associated to the issues of compliance, and it will seek to manage in an adequate manner the cases detected to take corrective measures, to inform the relevant entities and even to implement punishments to the actors involved in the event of default.
However, the guidelines are also addressed to and apply to the suppliers and contractors, clients, agents, consultants, employees or any person that has a relationship with Cenit.
To keep records with true and precise data assures the reputation and credibility of Cenit and the compliance with the legal and regulatory obligations.
The invoices for the payment of late payment interest as per the preceding sub - section must be paid by the Sender no later than thirty (30) Days after the date of issuance thereof by Cenit in the terms of this Section.
This Law is applicable to Cenit because it consolidates Financial Statements with Ecopetrol (to which it is applicable because it is an issuer in the United States) and at the same time Cenit acts as agent for Ecopetrol.