Compliance Confirmation definition
Examples of Compliance Confirmation in a sentence
An independent project design “Code Compliance Confirmation Review” will be performed, documented and submitted to the Owner at DD and 75% CD submission to ensure compliance with the following codes as they apply to a specific project.
This Code Compliance Confirmation Review does not relieve the A/E firm from complying with the approved codes and standards for the project.
For clarity, this Section 13.5 applies to the Legend Parties only, [***]; provided that the Annual Compliance Confirmation of the Legend Parties [***].
Where the Legend Parties have multiple non-expired contractual agreements with Novartis or its Affiliates which include the requirement to provide an Annual Compliance Confirmation, the Legend Parties may provide an Annual Compliance Confirmation covering more than one existing agreement.
Novartis may, at its option, instruct its personnel to collect each Annual Compliance Confirmation on its behalf, and the Legend Parties will cooperate (and procure that any authorized Affiliate acting on its behalf in respect of the Annual Compliance Confirmation cooperates) with any such personnel for such purpose.
For the purposes of Section 12.2(c), Legend will only be considered to be in material breach of its obligations with respect to the submission of the Annual Compliance Confirmation if [***].
Unless otherwise directed by Novartis, the Annual Compliance Confirmation shall be delivered within [***] of the relevant Reporting Period.
The email confirmation of agreement to, or signed copies of, said Compliance Confirmation Statement forms shall be shared with the external counsel contacts of the Receiving Party specified in Section 4 below.
For the purposes of this Section 13.5 (Novartis Standards and Policies) only, reference to “Reporting Period” is a reference in each case to a [***] period, the first reporting period commencing on the date specified by Novartis in the Annual Compliance Confirmation request and each subsequent reporting period commencing on the anniversary of the first reporting period.
For clarity, this Section 13.5 (Novartis Standards and Policies) applies to the Licensor Parties only, and not to any subcontractor engaged by it in accordance with the terms of this Agreement; provided that the Annual Compliance Confirmation of the Licensor Parties shall cover the performance of obligations of the Licensor Parties and their employees, directors, officers, subcontractors and agents.