SSAE 16 Sample Clauses

SSAE 16. Unless otherwise agreed to in writing by the parties, Bank will provide Company annually with a copy of latest Bank’s SSAE 16 or equivalent report. In the event the accounting firm performing the audit issues a qualified opinion due to a material weakness or significant deficiency, Bank will promptly advise Company of its plan for remedying such material weakness or significant deficiency and use [*] to mitigate any potential damages or adverse consequences resulting from such material weakness or significant deficiency.
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SSAE 16. Unless otherwise expressly stated in the applicable Statement of Work, each year, starting in hCentive’s new fiscal year which follows the first Services to support Optum’s Prime Contract, hCentive shall cause its external auditors to (i) perform a SSAE-16 SOC 1 audit, regarding hCentive’s internal controls over financial reporting, based on hCentive’s system of internal controls and hCentive’s control objectives as of a specific point in time (the “Baseline Internal Controls Audit”), and (ii) produce an SSAE SOC 1 Type I audit report in connection therewith (the “Baseline Internal Controls Audit Report”). On or about April 1st of each year, hCentive shall provide to Optum a copy of the most current Baseline Internal Controls Audit Report. The Baseline Internal Controls Audit shall be performed, and the Baseline Internal Controls Audit Report shall be produced, at no additional cost to Optum. In the event that Optum or Customer requests audit and reporting which are not covered by the Baseline Internal Controls Audit, such additional audit and reporting shall be (i) addressed through the applicable change control procedures and (ii) performed by the same auditors who have performed the Baseline Internal Controls Audit, at Optum’s cost and expense, unless hCentive is subject to another SSAE-16 audit for the same or similar operations that is acceptable to Optum, in which case Optum shall be provided with a copy of that other SSAE-16 audit.
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SSAE 16. (1) Each year, Cognizant Group shall engage a third party internationally recognized auditor to conduct a SSAE 16 audit with respect to the Services and provide (a) a SOC-1 Type II report, at its cost and expense, and (b) upon NAIC Groups’ request, a SOC-2 or SOC-3 Type II report, at NAIC Groups’ cost and expense. Cognizant Group shall cooperate with NAIC Group to determine the scope and control objective requirements for the SSAE 16 SOC-1 (and SOC-2 or SOC-3, if applicable) Type II reports. As soon as reasonably practicable following Cognizant Group’s receipt of such reports, but no later than November 15 of each year covering a period commencing October 1 of the previous year through and including September 30 of the then-current year, Cognizant Group shall provide NAIC Group and its external auditors with a copy of such report to the extent related to the provision or receipt of the Services and NAIC Group may share a copy of such report with its customers, customer’s agents and regulators. In January of each year, Cognizant Group shall, at its cost and expense, cause its auditor to provide a bridge letter, with respect to the SOC-1 Type II report for such year, for the period October 1 through December 31. Cognizant shall notify NAIC as soon as possible after any weakness or deficiency is identified in connection with an audit conducted pursuant to Section 12.04(1).
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SSAE 16. Unless otherwise expressly stated in the applicable Task Order, each year, starting in Contractor’s new fiscal year which follows the first Services to support Client’s production activities, Contractor shall cause its external auditors to (i) perform a SSAE-16 SOC 1 audit, regarding Contractor’s internal controls over financial reporting, based on Contractor’s system of internal controls and Contractor’s control objectives as of a specific point in time (the “Baseline Internal Controls Audit”), and (ii) produce an SSAE SOC 1 Type I audit report in connection therewith (the “Baseline Internal Controls Audit Report”). On or about April 1st of each year, Contractor shall provide to Client a copy of the most current Baseline Internal Controls Audit Report. The Baseline Internal Controls Audit shall be performed, and the Baseline Internal Controls Audit Report shall be produced, at no additional cost to Client. In the event that Client requests audit and reporting which are not covered by the Baseline Internal Controls Audit, such additional audit and reporting shall be (i) addressed through the applicable change control procedures and (ii) performed by the same auditors who have performed the Baseline Internal Controls Audit, at Client’s cost and expense, unless Contractor is subject to another SSAE-16 audit for the same or similar operations that is acceptable to Client, in which case Client shall be provided with a copy of that other SSAE-16 audit.
Sample 1
SSAE 16. 16.2.1 Accenture issues reports under the Statement on Standards for Attestation Engagements (SSAE) No. 16 “SSAE 16” and International Standard on Assurance Engagements (ISAE) 3402 “ISAE 3402” standards. During each calendar year during the Term of the Agreement, Accenture will provide, at Accenture’s cost, reports with a joint opinion under both the SSAE 16 and ISAE 3402 standards for locations that are common Accenture delivery centers (i.e., service centers from which services are provided to multiple clients) as identified in the following sentence. Accenture Service Locations that will participate in the program are: India (centers in Xxxxxxxxx, Xxxxxx, Xxxxxxx, Xxxxxxxxx, Xxxx, Xxxxxxx, and Delhi-National Capital Region), Philippines, (Manila and Cebu), Prague, Bratislava, Mauritius, Warsaw, Bucharest, Kronberg, Hof, Warwick, Belo Horizonte (Brazil), Buenos Aires (Argentina), China (centers in Shanghai, Dalian and Chengdu), and the U.S. (Cincinnati, Ohio, King of Prussia, PA, and San Antonio, TX). For each of the foregoing delivery centers, for the Term of the Agreement, Accenture will provide an SOC 1, Type 2 report; for the India and Philippine delivery centers, Accenture will also provide an SOC 2, Type 2 report (or reports that are substantially equivalent to the same provided such equivalent reports have content and provisions that are no more than what is then accepted in the industry). The scope of these reports will be the common controls that support multiple clients served from Accenture delivery centers. The control objectives are based upon guidance from the Information Technology Governance Institute. The reporting period will be from January 1 to October 1 of each calendar year with an estimated delivery date of approximately November 1, but no later than November 15. Client and its external auditor will be provided copies of relevant reports upon issuance. Accenture will provide Client a representation letter (otherwise referred to as a “bridge letter”) in relation to the time period which is not covered by the reports. Client agrees to be a sample client for purposes of testing and consents to Accenture disclosing Client information relevant to these audits to Accenture’s SSAE 16/ISAE 3402 auditors. For the avoidance of doubt, no Client Confidential Information or information that could potentially identify Client as a customer of Accenture will be disclosed in the reports. Accenture will comply with future guidance relating to SSAE 1...
Sample 1
SSAE 16. (1) Each year, Milliman Group shall engage a third party internationally recognized auditor to conduct a SSAE 16 attest report with respect to the Services and each Service Location (including any location hosting Voya Data) and provide a SOC-1 Type II, SOC-2 Type II report, in Voya’s discretion, at Milliman’s cost and expense. Milliman Group shall cooperate with Voya Group to determine the scope and control objective requirements for the report. As soon as reasonably practicable following Milliman Group’s receipt of such reports, but no later than December 15 of each year covering a period commencing October 1 of the previous year through and including September 30 of the then-current year, Milliman Group shall provide Voya Group and its external auditors with a copy of such report to the extent related to the provision or receipt of the Services and Voya Group may share a copy of such report with its customers, customer’s agents, regulators and counterparties to any of the transaction types described in Section 3.08(1). In January of each year, Milliman Group shall, at its cost and expense, cause its auditor to provide a bridge letter, with respect to the SOC report for such year, for the period from October 1 through December 31. Milliman shall notify Voya as soon as possible after any weakness or deficiency is identified in connection with an audit conducted pursuant to this Section 12.03(1).
Sample 1
SSAE 16. To the extent Pier 1 complies with the Standards for Attestation Engagements No. 16 (“SSAE 16”), or any other like-kind standard system recognized as appropriate for entities similarly situated to Pier 1, Pier 1 shall provide Bank with then current, unqualified Type 2 Statements on SSAE 16 (or comparable reports, as applicable). Any such report shall be dated as of the most recent date generated, but not more than twelve (12) months prior to the date of production to Bank. Provided, however, that if the protocols/criteria related to them do not require annual reporting, Pier 1 shall provide such reports or ones comparable thereto to Bank no less than every eighteen (18) months. Pier 1 shall also (upon reasonable prior written request from Bank) provide to Bank any reports related thereto generated by or for Pier 1. Furthermore, Pier 1 shall at all times make itself available to reasonable requests (and upon reasonable notice) by Bank to discuss the status of matters related to this Section 5.8. The obligations of Pier 1 under this Section 5.8 apply regardless of whether Pier 1 utilizes a third-party data host provider.
Sample 1
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SSAE 16. Bank shall comply with SSAE 16 or a comparable standard system recognized as appropriate for entities similarly situated to Bank*. Bank shall provide Pier 1 with then current, unqualified Type 2 Statements on SSAE 16 or comparable reports recognized as appropriate for entities similarly situated to Bank. Any such report shall be dated as of the most recent date generated, but not more than twelve (12) months prior to the date of production to Pier 1. Provided, however, that if the protocols/criteria related to them do not require annual reporting, Bank shall provide such reports or ones comparable thereto no less than every eighteen (18) months. Bank shall also (upon reasonable prior written request from Pier 1) provide to Pier 1 any reports related thereto generated by or for Bank. Furthermore, Bank shall at all times make itself available to reasonable requests (and upon reasonable notice) by Pier 1 to discuss the status of matters related to this Section 7.7. The obligations of Bank under this Section 7.7 apply regardless of whether Bank utilizes a third-party data host provider. *For instance, as of the Effective Date, SAS 70, from which Bank intends to transition to SSAE 16 by end of calendar year 2012.
Sample 1

Related to SSAE 16

  • Report on Assessment of Compliance and Attestation (a) On or before March 1 of each calendar year, commencing in 2007, the Servicer shall:

  • Quality Assurance The parties endorse the underlying principles of the Company’s Quality Management System, which seeks to ensure that its services are provided in a manner which best conforms to the requirements of the contract with its customer. This requires the Company to establish and maintain, implement, train and continuously improve its procedures and processes, and the employees to follow the procedures, document their compliance and participate in the improvement process. In particular, this will require employees to regularly and reliably fill out documentation and checklists to signify that work has been carried out in accordance with the customer’s specific requirements. Where necessary, training will be provided in these activities.

  • Review Scope The parties confirm that the Asset Representations Review is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement or (b) determining whether noncompliance with the representations and warranties constitutes a breach of the Eligibility Representations. For the avoidance of doubt, the parties confirm that the review is not designed to determine why an Obligor is delinquent or the creditworthiness of the Obligor, either at the time of any Asset Review or at the time of origination of the related Receivable. Further, the Asset Review is not designed to establish cause, materiality or recourse for any Test Fail (as defined in Section 3.05).

  • Maintenance Support State Street shall use commercially reasonable efforts to correct system functions that do not work according to the System Product Description as set forth on Attachment A in priority order in the next scheduled delivery release or otherwise as soon as is practicable.

  • Annual Accountants’ Reports The Manager shall furnish, or cause to be furnished to the Trustee, the Control Party, the Back-Up Manager (to the extent the Back-Up Manager is not providing such report) and the Rating Agencies, if any, within 120 days after the end of each fiscal year of the Manager, commencing with the fiscal year ending in December 2021, (i) a report of the Independent Auditors (who may also render other services to the Manager) or the Back-Up Manager summarizing the findings of a set of agreed-upon procedures performed by the Independent Auditors or the Back-Up Manager with respect to compliance with the Quarterly Noteholders’ Reports for such fiscal year (or other period) with the standards set forth herein, and (ii) a report of the Independent Auditors or the Back-Up Manager to the effect that such firm has examined the assertion of the Manager’s management as to its compliance with its management requirements for such fiscal year (or other period), and that (x) in the case of the Independent Auditors, such examination was made in accordance with standards established by the American Institute of Certified Public Accountants and (y) except as described in the report, management’s assertion is fairly stated in all material respects. In the case of the Independent Auditors, the report will also indicate that the firm is independent of the Manager within the meaning of the Code of Professional Ethics of the American Institute of Certified Public Accountants (each, an “Annual Accountants’ Report”). In the event such Independent Auditors require the Trustee to agree to the procedures to be performed by such firm in any of the reports required to be prepared pursuant to this Section 3.3, the Manager shall direct the Trustee in writing to so agree as to the procedures described therein; it being understood and agreed that the Trustee shall deliver such letter of agreement (which shall be in a form satisfactory to the Trustee) in conclusive reliance upon the direction of the Manager, and the Trustee has not made any independent inquiry or investigation as to, and shall have no obligation or liability in respect of, the sufficiency, validity or correctness of such procedures.

  • Executive Summary Based on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Trust Advisor has undertaken a limited review of the Special Servicer’s operational activities to service the Specially Serviced Mortgage Loans in accordance with the Servicing Standard. Based on such review, the Trust Advisor [does, does not] believe there are material violations of the Special Servicer’s compliance with its obligations under the Pooling and Servicing Agreement. In addition, the Trust Advisor notes the following: [PROVIDE SUMMARY OF INFORMATION]. In connection with the assessment set forth in this report:

  • Medical Examination Where the Employer requires an employee to submit to a medical examination or medical interview, it shall be at the Employer's expense and on the Employer's time.

  • Administrator Compliance Statement On or before ninety (90) days after the end of each fiscal year, commencing with the fiscal year ended March 31st immediately following the Closing Date, the Administrator shall deliver to the Issuer a statement of compliance addressed to the Issuer and signed by an authorized officer of the Administrator to the effect that (i) a review of the Administrator’s activities during the immediately preceding reporting year (or applicable portion thereof) and of its performance under this Agreement during such period has been made under such officer’s supervision, and (ii) to the best of such officer’s knowledge, based on such review, the Administrator has fulfilled all of its obligations under this Agreement in all material respects throughout such reporting year (or applicable portion thereof) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such officer and the nature and the status thereof. If the Administrator is the same party as the Servicer, such party’s compliance with Section 3.11(a) of the Sale and Servicing Agreement will satisfy the Administrator’s obligations set forth in this Section 1.21(b).

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