ADDITIONAL FINANCIAL REQUIREMENTS. 43.1. COUNTY has the right to monitor the performance of this Agreement to ensure the accuracy of claims for reimbursement and compliance with all applicable laws and regulations.
43.2. CONTRACTOR must comply with the False Claims Act employee training and policy requirements set forth in 42 U.S.C. 1396a(a)(68) and as the Secretary of the United States Department of Health and Human Services may specify.
43.3. XXXXXXXXXX agrees that no part of any federal funds provided under this Agreement shall be used to pay the salary of an individual per fiscal year at a rate in excess of Level 1 of the Executive Schedule at xxxxx://xxx.xxx.xxx/ (U.S. Office of Personnel Management), as from time to time amended.
43.4. Federal Financial Participation is not available for any amount furnished to an Excluded individual or entity, or at the direction of a physician during the period of exclusion when the person providing the service knew or had reason to know of the exclusion, or to an individual or entity when the COUNTY failed to suspend payments during an investigation of a credible allegation of fraud [42 U.S.C. section 1396b(i)(2)].
ADDITIONAL FINANCIAL REQUIREMENTS. The Sponsor reserves the right to require the School and the School agrees to adhere to any additional financial requirements mandated by the State and/or Federal laws and regulations.
ADDITIONAL FINANCIAL REQUIREMENTS. Contractor is subject to annual fiscal monitoring by the County or County’s qualified designee.
ADDITIONAL FINANCIAL REQUIREMENTS. 42.1. COUNTY has the right to monitor the performance of this Agreement to ensure the accuracy of claims for reimbursement and compliance with all applicable laws and regulations.
ADDITIONAL FINANCIAL REQUIREMENTS. The Sponsor may require the School to 23 comply with additional financial requirements mandated by the FDOE.
ADDITIONAL FINANCIAL REQUIREMENTS. 4.1 County has the right to monitor the performance of this Agreement to ensure the accuracy of claims for reimbursement and compliance with all applicable laws and regulations.
4.2 Contractor must comply with the False Claims Act employee training and policy requirements set forth in 42 U.S.C. 1396a(a)(68) and as the Secretary of the US DHHS may specify.
4.3 Contractor agrees that no part of any federal funds provided under this Agreement shall be used to pay the salary of an individual per fiscal year at a rate in excess of Level 1 of the Executive Schedule at xxxxx://xxx.xxx.xxx/ (U.S. Office of Personnel Management), as from time to time amended.
4.4 Federal Financial Participation is not available for any amount furnished to an Excluded individual or entity, or at the direction of a physician during the period of exclusion when the person providing the service knew or had reason to know of the exclusion, or to an individual or entity when the County failed to suspend payments during an investigation of a credible allegation of fraud (42 U.S.C. § 1396b(i)(2)).
ADDITIONAL FINANCIAL REQUIREMENTS. 1. Auditing and Financial Changes Throughout the term of this Contract, the Contractor must:
a. Ensure that an independent financial audit of the Contractor is performed annually and provided within 135 days after the end of the calendar year in accordance with Appendix D;
b. Report annually, or more frequently when requested by EOHHS, on any significant deficiencies in internal controls as follows:
1) Furnish EOHHS with a written report prepared by the independent auditor that performed the Contractor’s independent financial audit, describing significant deficiencies in the Contractor’s internal control structure noted by the accountant during the audit. No report need be issued if the accountant does not identify significant deficiencies; and
2) Describe in writing the remedial actions it has taken or proposes to take to correct significant deficiencies, if such actions are not described in the accountant’s report. EOHHS may require the Contractor to take additional or different corrective action to correct such deficiencies.
c. Immediately notify EOHHS of any material negative change in the Contractor’s financial status that could render the Contractor unable to comply with any requirement of this Contract, or that is significant enough for the chief executive officer or chief financial officer to notify its Board of the potential for insolvency;
d. Notify EOHHS in writing of any default of its obligations under this Contract, or any default by a parent corporation on any financial obligation to a third party that could in any way affect the Contractor’s ability to satisfy its payment or performance obligations under this Contract;
e. Advise EOHHS no later than 30 calendar days prior to execution of any significant organizational changes, new contracts, or business ventures being contemplated by the Contractor that may negatively impact the Contractor’s ability to perform under this Contract; and
f. Refrain from investing funds in, or loaning funds to, any organization in which a director or principal officer of the Contractor has an interest.
ADDITIONAL FINANCIAL REQUIREMENTS. Alanco shall further provide adequate financing to StarTrak to enable StarTrak to achieve its financial performance projections as presented in Exhibit "A" attached hereto.
ADDITIONAL FINANCIAL REQUIREMENTS. BOXXXXXX XGREES TO MAINTAIN A WORKING CAPITAL IN EXCESS OF $1,800,000.00 WHICH IS TO INCLUDE THE LINE OF CREDIT IN THE CALCULATIONS BOXXXXXX XGREES TO MAINTAIN A RATIO OF 1.30 TO 1.00 OF CURRENT ASSETS TO CURRENT LIABILITIES WHICH IS TO INCLUDE THE LINE OF CREDIT IN THE CALCULATIONS.
ADDITIONAL FINANCIAL REQUIREMENTS. Furnish Lender with copies of annual tax returns within 30 days of filing as well as other financial and credit information, in a form acceptable to Lender, as may be required form time to time. ADDITIONAL NEGATIVE COVENANT. Borrower is prohibited from paying dividends, however, Borrower is authorized to meet existing preferred dividend payment requirements provided Borrower is not in default under the lean documents at the time of dividend payment. PRIOR LOAN AGREEMENT. Loan Agreement dated December 31, 1998 supersedes Loan Agreement dated April 14, 1997. COMMITMENT LETTER. Terms and conditions of commitment letter dated November 16, 1998, accepted by Borrower on November 20, 1998 hereby included by reference. EQUIPMENT BORROWING BASE. Reductions on the borrowing base from equipment cost will be made as follows:
