Accounting Issues Sample Clauses

Accounting Issues. It is the duty of the responsible institution’s and partner institution’s project management to establish and maintain a reliable accounting set up for the project funds. This implies preparation of an adequate chart of accounts, and ensuring that accounts are kept up to date. All accounting material shall be available to the respective partners in case of audits.2 It is the responsibility of the responsible institution to comply with the accounts requirements and deadlines. The partner institution must submit to the responsible institution the annual accounts of the partner institution’s share of the budget signed by the partner institution’s project coordinator and accountant no later than [time indication].
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Accounting Issues. 8.1.6.1. Past due invoices.
Accounting Issues. It is the duty of the ministry/institution having the Finance Manager role as well as co-applicants and partner stakeholders to establish and maintain a reliable accounting set up for the project funds. This implies preparation of an adequate chart of accounts, and ensuring that accounts are kept up to date. All accounting material shall be available to the respective partners in case of audits. It is the responsibility of [name] to comply with the accounts requirements and deadlines. The other Sig- natories must submit to [name] the annual accounts of their share of the budget signed by the accountant and of each Signatory no later than [time indication].
Accounting Issues. It is the duty of the South university and Danish partner programme management to establish and maintain a reliable accounting set up for the programme funds. This implies preparation of an adequate chart of accounts, and ensuring that accounts are kept up to date. All accounting material shall be available to DFC and South university in case of audits. It is the responsibility of the South university to comply with the accounts requirements, hereunder ensuring an accounting manual, is in place as early as possible after the finalization of the Inception Report, and at the latest before the second disbursement to the South university. The manual must be updated yearly based on recommendations from the annual audit. The Danish partner must submit to the South university the bi-annual accounts of the Danish partner expenditures signed by the Danish BSU coordinator and Danish partner responsible accounting officer no later than March 1 and September 1.
Accounting Issues. No later than 45 days following the end of MFF’s fiscal year in which a Marketing Allowance has been granted, Shadewell shall provide MFF with an accounting of the Marketing Allowance in form and content reasonably satisfactory to MFF, including a breakdown indicating a brief description of the types of Promotional Activities, the payees, and the amounts of Marketing Allowance expenditures related to each Activity. If required by MFF auditors or internal accounting department in connection with any audit of any Xxx. Xxxxxx entity within 45 days following its receipt of the accounting, MFF shall have the right, upon reasonable notice to Shadewell and during regular business hours, to review Shadewell’s records concerning the Marketing Allowance and Promotional Activities. If in MFF’s review it is determined that Shadewell has not spent an amount at least equal to the Marketing Allowance on Promotional Activities during the given year or period, or that Shadewell’s records do not provide adequate support that Shadewell has met its obligations under this paragraph, MFF shall send Shadewell an invoice in the amount of the discrepancy, and Shadewell shall remit the same to MFF within 30 business days of receipt, or, at Shadewell’s option, shall propose additional Promotional Activities acceptable to MFF and complete the same within 45 days to expend the remainder of the Marketing Allowance.
Accounting Issues. EESI shall have determined, in its ----------------- reasonable discretion, that the transactions contemplated by this Agreement shall qualify as a "pooling of interests" transaction as contemplated by Section 5.2.
Accounting Issues. Sellers, in their reasonable discretion, ----------------- concur that the transactions contemplated by this Agreement shall qualify as a Section 368(a)(1)(B) reorganization under the Code as contemplated by Section 5.3 and shall qualify as a "pooling of interests" transaction as contemplated by Section 5.2.
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Accounting Issues. On and after the Effective Date, to the satisfaction of Buyer, Sellers shall use their best efforts to cause LLC to implement the accounting issues outlined in Exhibit 12.4 hereof. If the parties are unable to agree on the appropriate accounting issues, the Independent Accountant (or another "Big 5" accounting firm replacing the Independent Accountant mutually agreed upon by the parties) shall determine the appropriate accounting issues.
Accounting Issues. 7.1 The parties agree that the Financial Year of the Partnership shall be amended such that Effective Date shall be the last day of the current Financial Year of the Partnership, and AJJ and CGIL shall procure that the Partnership shall, as soon as practicable after the Effective Date, prepare Accounts of the Partnership for that Financial Year. 7.2 The parties hereby agree that, for the avoidance of doubt, CGIL shall be responsible for any losses of the Partnership which arise as a result of the transactions contemplated by this agreement which liability shall be deemed to have been discharged by the capital contribution in accordance with clause 3 of this Agreement. 8.
Accounting Issues. If Paradise staff are requested to become involved in accounting issues then they will do so only in the clear understanding that Paradise accepts no liability for accounting decisions made or accounting operations performed. Paradise staff will only undertake the adding, changing or removing of accounting data on the specific instructions from <TBA> and any resulting issues arising are the responsibility of <TBA>. If accountancy advice is required to overcome an issue and <TBA> does not have access to the relevant skills, Paradise can offer Accountancy Consultancy as a service outside of this SLA. See Schedule E.
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