Compliance Tests definition
Examples of Compliance Tests in a sentence
SSA will use the U.S. Government Accountability Office (GAO) President’s Council on Integrity and Efficiency’s (PCIE) Financial Audit Manual (FAM), Section 460, Compliance Tests in determining the sample size.
For satisfactory complietion of the Initial Compliance Tests, Seller must demonstrate to Buyer’s reasonable satisfaction, that the Project has met the guaranteed Ramp Rate and System Response Times set forth in Appendix 1.2.2.
Perform required Tax Compliance Tests including RIC Qualification, Asset Diversification, Foreign Tax Credit Asset Diversification, and Gross Income tests on a quarterly basis.
In order to assess the energy consumption levels, the Providing Unit will be monitored and assessed following the Initial Compliance Test or after any additional Compliance Tests that the Company may carry out during the term of the agreement.
It is the intent of the Alliance that the Full Specification match the function and behavior of a Reference Implementation used for Compliance Tests and in the event of a discrepancy that the behavior of the Reference Implementation shall prevail.
For satisfactory complietion of the Initial Compliance Tests, Seller must demonstrate to Buyer’s reasonable satisfaction, that the Energy Storage System has met the guaranteed Ramp Rate and System Response Times set forth in Appendix 1.2.2.
The Seller (or the Servicer on its behalf) will cause each Collection Account Bank to comply with the terms of the relevant Collection Account Declaration of Trust and/or the relevant Collections Account Pledge Agreement.
The Parties acknowledge that the Purchase Price set out in Schedule 2 includes an allowance for the New Compliance Tests that are agreed between the Parties.
All forms, procedures and results of the Grid Compliance Tests shall be accepted and agreed in accordance with Paragraph 2 of this Schedule 10 and Schedule 21.
However, Imation acknowledges and agrees that Overland Data is in compliance with the terms and conditions of Sections 4 and 5 of this Agreement when Overland Data's drives pass any Compliance Tests provided by Imation pursuant to Section 4.1.