Required Audits definition

Required Audits has the meaning assigned to such term in Section --------------- 4.10(a).
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Required Audits. With respect to each Series of Class A Certificates, the requirements set forth in the applicable Supplement.
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Examples of Required Audits in a sentence

  • See GAO-07-945, Medicare Advantage: Required Audits of Limited Value, July 2007, http://www.gao.gov/ new.items/d07945.pdf.

  • Other Required Audits – Some special grants and other funding sources have certain audit requirements that must be satisfied.

  • The following stipulated penalties shall accrue per violation per Day for each violation of the requirements identified in subparagraph b: Penalty Per Violation Per Day Period of Noncompliance $1,000 1st through 14th Day Performance of Required Audit(s) (Paragraph 14, 16), Submission of Audit Report (Paragraph 15), and the Submission and Implementation of Audit Action Plan (Paragraph 15).

  • Risk‐based and Required Audits 5 Title 1, Texas Administrative Code, Chapter 202 (Information Security Standards)Perform special projects and unanticipated evaluations or analysis requested by management.

  • Accordingly, Internal Auditing will monitor the results from the following activities and recommend corrective actions to the Chancellor, presidents, or the Board of Trustees, as warranted.Other Required Audits – Some special grants and other funding sources have certain audit requirements that must be satisfied.

  • Audits are listed in the appendix as: 1) Required or 2) Interval (Appendix A: List of Required Audits and Frequency) or Internal Audits (Appendix B: List of Internal Audits and Frequency).

  • The Transferor shall cause the Servicer to perform the Required Audits on a timely basis.

  • Scott advised that six Consent Agenda items were being presented for the Board’s approval, which included report AC-011 MOHLTC Required Audits moved from decision items: It was moved by Scott Maki and seconded by Terry Shields that Report AC-011 MOHLTC Required Audits be moved into the Consent Agenda.

  • Discussion/Motion if needed.• White Creek Bridge Required Audits- Request authorization to have Bonadio complete the first two of three; $12,500 for Single Audit that is required when using Federal Funds and $2,500 for a Regular External Audit to go with the Single Audit.

  • Reporting requirements include those found in the applicable statute, regulation, order, and/or permit. Failure to Perform Required Audits: Add $1,950 to base amount in Worksheet.

Related to Required Audits

  • Approved Auditor means a person who is:

  • qualified auditor means a person who is qualified to be appointed as an auditor under section 198;

  • Audits means the audits and reviews carried out by the Bank or the Bank’s auditors, experts and insurers, as the case may be in accordance with the terms and conditions set out in Section 18.

  • Administrative and Audit Regulations means all applicable statutes, regulations, and other laws governing administration or audit of this Contract, which may include Title 2, Part 200, Code of Federal Regulations and Chapter 321 and Title 10, Subtitles D and F of the Texas Government Code.

  • Single Audit means an audit that includes an examination of an organization's financial statements, internal controls, and compliance with the requirements of Federal or State awards.

  • Reportable Compliance Event means that any Covered Entity becomes a Sanctioned Person, or is charged by indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of any Anti-Terrorism Law.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);

  • Final Disruption Date has the meaning provided in Annex A to this Confirmation. Notwithstanding the foregoing and anything to the contrary in the Equity Definitions, if a Market Disruption Event occurs on any Expiration Date, the Calculation Agent, acting commercially reasonably, may determine that such Expiration Date is a Disrupted Day only in part, in which case (i) the Calculation Agent shall make commercially reasonable adjustments to the Number of Warrants for the relevant Component for which such day shall be the Expiration Date and shall designate the Scheduled Trading Day determined in the manner described in the second preceding sentence as the Expiration Date for the remaining Warrants for such Component, and (ii) the VWAP Price for such Disrupted Day shall be determined by the Calculation Agent based on transactions in the Shares on such Disrupted Day taking into account the nature and duration of such Market Disruption Event on such day. Any Scheduled Trading Day on which, as of the date hereof, the Exchange is scheduled to close prior to its normal close of trading shall be deemed not to be a Scheduled Trading Day; if a closure of the Exchange prior to its normal close of trading on any Scheduled Trading Day is scheduled following the date hereof, but prior to the open of the regular trading session of the Exchange on such day, then such Scheduled Trading Day shall be deemed to be a Disrupted Day in full. Section 6.6 of the Equity Definitions shall not apply to any Valuation Date occurring in respect of an Expiration Date.

  • Lead inspection means a surface-by-surface investigation to determine the presence of lead- based paint and the provisions of a report explaining the results of the investigation.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Practical examination means a demonstration through application of the safety rules and principles in industrial radiography including use of all procedures and equipment to be used by radiographic personnel.

  • Inspections has the meaning set forth in Section 4.1.2.

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Buyer’s Accountants means Xxxxx Xxxxxxxx LLP.

  • registered auditor means a person as defined in terms of the Auditing Professions Act, 20015((Act No. 26 of 2005);

  • Initial Environmental Examination or “IEE” means the initial environmental examination for the Project, including any update thereto, prepared and submitted by the Borrower and cleared by ADB;

  • Testing Date means 31 December of each year.

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • Determination Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong, London and New York City;

  • Environmental Audit means a Phase One environmental site assessment (the scope and performance of which meets or exceeds ASTM Standard Practice E1527-93 Standard Practice for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of the Property, and, if called for by the Phase One assessment, a Phase Two environmental site assessment.

  • Final Disbursement Date means the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement (including as amended by an Extension) or, if such date is not a Business Day, the next succeeding Business Day; provided, however, to the extent that Lender has not received cash collateral in the amount of the Letter of Credit Obligations or an equivalent full indemnity from Borrower or Guarantor, as applicable, with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under such Letter of Credit shall be no later than thirty (30) days after any such drawing which may be no later than the expiry date of the Letter of Credit related thereto.

  • Purchaser's Accountants means Ernst & Young LLP, independent accountants of the Purchaser.

  • Inspection Report means the report delivered by the Master Servicer or the Special Servicer, as the case may be, substantially in the form of Exhibit L hereto.

  • LCT Test Date shall have the meaning provided in Section 1.12(b).

  • Seller’s Accountants means Xxxxx Xxxxxxxx LLP.

  • Total Required Payment means, for a Payment Date, the sum of