Audit Results definition

Audit Results means the results of on-site load audits conducted on loads to be delivered to TFM Stores. A minimum of [***] cases will be audited in the period from November 1,2018 to October 30, 2019 (and the minimum number of cases to be audited in subsequent one-year periods will be reasonably agreed upon by the parties on or before the end of each one-year period); the percentage of cases audited by Supplier Facility will be determined based on the percentage of Product shipped from each Supplier Facility to TFM Stores and the audits will be approximately evenly distributed across quarters. Selection of loads to audit will be randomized. Each audit will be performed at the dock of the Supplier Facility by Supplier’s representative(s). Selected loads will be disassembled and inspected. Any errors in the load will be corrected and recorded and the load will be reassembled and delivered to the TFM Store within the timeframe required by the Supply Agreement. TFM shall be permitted to participate in, obseive or audit any load audits using TFM representatives. Upon request by TFM, the parties will utilize a third-party auditor reasonably agreed upon by the parties to perform the load audits, in which case, the cost of such third-party auditor would be split between TFM and Supplier.
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Audit Results has the meaning set forth in Section 8(a) below.
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Examples of Audit Results in a sentence

  • Environmental Multi-Media Audit Results for CANG, Moffett Federal Airfield.

  • Sellers permitted and cooperated with the PEI Audit under the condition that the Sellers shall not have any liability to the Buyer based on the procedures used in, or the results of, the PEI Audit (the "Audit Results").

  • The Buyer hereby waives its right to bring any actions, claims or demands against, or seek indemnification from, the Sellers based on the Audit Results; provided however, that Buyer does not waive its right to bring any actions, claims or demands against or seek indemnification from the Sellers for any breach of a representation, warranty or covenant made or to be performed by any Seller based on any information contained in the Audit Results.

  • State of Texas Sales and Use Tax Audit During 2007, the State of Texas completed a sales and use tax audit of the Company for years 2003 to 2005 and, as a result, the Company received a Texas Notification of Audit Results which assessed the Company additional taxes of $1,300,000 and corresponding penalties and interest of $500,000.

  • The Committee meets annually in December (twice) so as to be able to review the draft annual audited financial statements, Integrated Audit Results and related materials, and meets quarterly as required to review the draft first, second and third quarter unaudited financial statements and the accompanying report to shareholders as well as the external Auditors’ review report on the quarter.

  • Audit Results (1) Results of the audit of the Business Report, etc.

  • During 2011, the State of Texas completed a sales and use tax audit of the Company for years 2005 to 2008 and, as a result, the Company received a Texas Notification of Audit Results which assessed the Company additional taxes of $1,400,000 and corresponding penalties and interest of $400,000.

  • The Internal Audit Results Discussion Committee has held monthly meetings for the purpose of reviewing internal audit results, making proposals for guidance to remedy problems found during internal audits, and following up remedial measures and the status and timing of remediation at relevant departments.

  • HMO Review of Study or Audit Results.........................................

  • USF RE Audit Results: Both internal annual underwriting audits and audits performed by USF RE's property and casualty retrocessionaires.

Related to Audit Results

  • Project Results means all data and results of the Project.

  • Audit Report means a report summarising the testing completed and the actions arising following an Audit;

  • Audit means the examination of a person or the inspection of the books, records, memoranda, or accounts of a person, ordered to appear before the Tax Administrator, for the purpose of determining liability for a municipal income tax.

  • Auditors means the persons for the time being performing the duties of auditors of the Company.

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

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

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Discussion means an exchange of information to promote understanding of a City’s agency's requirements and offeror's proposal and to facilitate arriving at a contract that will be the best value to the City. Discussions are not permissible in competitive sealed bidding, except to the extent permissible in the first phase of multi-step sealed bidding to determine the acceptability of technical offers. [HAR 3-122-1]

  • Review means a financial or operational audit, investigation, inspection or other form of review requested or required by the LHIN under the terms of LHSIA or this Agreement, but does not include the annual audit of the HSP’s financial statements;

  • Auditor means the person for the time being performing the duties of auditor of the Company (if any).

  • Audit Firm means a legal person or any other entity, regardless of its legal form, that is approved in accordance with this Directive by the competent authorities of a Member State to carry out statutory audits;

  • Buyer’s Accountants means Xxxxx Xxxxxxxx LLP.

  • 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.

  • Independent Financial Expert means a U.S. investment banking firm of national standing in the United States, (i) which does not, and whose directors, officers and employees or affiliates do not have a direct or indirect material financial interest for its proprietary account in the Company or any of its affiliates and (ii) which, in the judgment of the board of directors of the Company, is otherwise independent with respect to the Company and its affiliates and qualified to perform the task for which it is to be engaged.

  • Research Results means any technical result acquired based on the Collaborative Research, including, but not limited to, any invention, idea, design, copyrightable work and know-how which relates to the purpose of the Collaborative Research.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Independent Accountant means a nationally recognized accountant, or firm of accountants, that is, with respect to the Trust, an independent public accountant or firm of independent public accountants under the Securities Act of 1933, as amended.

  • Benchmarking Report means the report produced by the Supplier following the Benchmark Review and as further described in this Framework Schedule 7;

  • Forensic analysis means the practice of gathering, retaining, and analyzing computer-related data for investigative purposes in a manner that maintains the integrity of the data.

  • Financial Records means any document or summary of information contained in a document, including electronic documents, that contains information about the financial activities or position of a person including, but not limited to, information about the assets, balance sheets, budgets, cash flow, earnings, revenue, expenditures, income, investments, losses, liabilities, payroll, profits, retained earnings, or taxes.

  • Audit-Related Fees means the aggregate fees billed in each of the last two fiscal years for assurance and related services by the issuer's external auditor that are reasonably related to the performance of the audit or review of the issuer's financial statements and are not reported under "Audit Fees" above.

  • Purchaser's Accountants means Deloitte & Touche LLP, independent accountants of the Purchaser.

  • Appraisal report A report setting forth the fair market value of a Mortgaged Property as determined by an appraiser who, at the time the appraisal was conducted, met the minimum qualifications of FNMA and FHLMC for appraisers of conventional residential mortgage loans.

  • Financial Reports means the Annual Financial Statements and the Interim Accounts.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.