Audit result Sample Clauses

Audit result. If an audit reveals that the Customer's reports were incomplete or inaccurate, the Customer shall make a correction report immediately. The Customer shall pay interest of 4% above the base rate of the ECB for additional payments. If an additional payment by the Customer is the result of untrue or incomplete infor- mation given wilfully or with gross negligence, the Customer shall reimburse profitara the audit costs in- curred. All credit notes or additional payments must be settled immediately. If the Customer violates retention periods or impedes the audit in a way that the audit cannot be concluded properly, profitara or the third party instructed by it shall have the right to estimate the volumes and the amounts payable that are actually owed in a way that is plausible and binding on the Customer. The Cus- tomer shall pay interest of 4% above the base rate of the ECB for additional payments. In addition the Cus- tomer must reimburse profitara the audit costs in- curred. All credit notes or additional payments must be settled immediately. xxxxxxxxx's right to claim additional damages and to terminate the Contract shall remain unaffected thereby.
Sample 1
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Audit result. If an audit reveals that the Customer's reports were incomplete or inaccurate, the Customer shall make a correction report immediately. The Customer shall pay interest of 4% above the base rate of the ECB for additional payments. If an additional payment by the Customer is the result of untrue or incomplete infor- mation given wilfully or with gross negligence, the Customer shall reimburse ICCA the audit costs in- curred. All credit notes or additional payments must be settled immediately. If the Customer violates retention periods or impedes the audit in a way that the audit cannot be concluded properly, ICCA or the third party instructed by it shall have the right to estimate the volumes and the amounts payable that are actually owed in a way that is plausible and binding on the Customer. The Cus- tomer shall pay interest of 4% above the base rate of the ECB for additional payments. In addition the Cus- tomer must reimburse ICCA the audit costs incurred. All credit notes or additional payments must be set- tled immediately. ICCA 's right to claim additional damages and to terminate the Contract shall remain unaffected thereby.
Sample 1
Audit result. If an audit reveals that the Partner's reports were inaccurate or incomplete, the Partner must make a correction report immediately. Repayments or additional payments resulting therefrom must be settled immediately. The Partner will have to pay interest of 4% above the base rate of the ECB for additional payments. If an audit of the Partner reveals that the mass stated falls short of the relevant total annual mass per price category by more than 5%, the Partner will, in addition to the additional payment of the contractual charge pursuant to Section 29(14) AWG, be obliged to pay Interzero a contractual penalty of 20% of the shortfall, which will be independent of fault and subject to no judicial right of reduction; Interzero must transfer such contractual penalty to the relevant coordinating body. If an additional payment by the Partner is the result of inaccurate or incomplete information given wilfully or with gross negligence or if the Partner violates retention periods or is responsible for a situation where the audit cannot be concluded properly, the Partner must reimburse Interzero the audit costs incurred. If the audit cannot be concluded properly and the Partner is responsible for that, Interzero, the auditor instructed by it or the coordinating body will have the right to estimate the masses placed on the market and take the estimate as a binding basis for calculation of the owed charge for release from obligations. Repayments and additional payments resulting therefrom must be dealt with as described above.
Sample 1

Related to Audit result

  • Audit Results If an audit by a Party determines that an overpayment or an underpayment has occurred, a notice of such overpayment or underpayment shall be given to the other Party together with those records from the audit which support such determination.

  • Audit Reports Promptly upon receipt thereof, one copy of each interim or special audit made by independent accountants of the books of the Company or any Subsidiary;

  • Audit Report Audits will be conducted as provided by the Single Audit Act Amendments of 1996 and OMB Circular A-133. The Department of Justice and Department of the Treasury reserve the right to conduct periodic random audits. Under penalty of perjury, the undersigned officials certify that they have read and understand their obligations under the Equitable Sharing Agreement and that the information submitted in conjunction with this Document is an accurate accounting of funds received and spent by the Agency under the Justice and/or Treasury Guides during the reporting period and that the recipient Agency is in compliance with the National Code of Professional Conduct for Asset Forfeiture. The undersigned certify that the recipient Agency is in compliance with the nondiscrimination requirements of the following laws and their Department of Justice implementing regulations: Title VI of the Civil Rights Act of 1964 (42 U.S.C. § 2000d et seq.), Title IX of the Education Amendments of 1972 (20 U.S.C. § 1681 et seq.), Section 504 of the Rehabilitation Act of 1973 (29 U.S.C. § 794), and the Age Discrimination Act of 1975 (42 U.S.C. § 6101 et seq.), which prohibit discrimination on the basis of race, color, national origin, disability, or age in any federally assisted program or activity, or on the basis of sex in any federally assisted education program or activity. The Agency agrees that it will comply with all federal statutes and regulations permitting federal investigators access to records and any other sources of information as may be necessary to determine compliance with civil rights and other applicable statutes and regulations. judgment, or determination that the Agency discriminated against any person or group in violation of any of the federal civil rights statutes listed above; or (2) has the Agency entered into any settlement agreement with respect to any complaint filed with a court or administrative agency alleging that the Agency discriminated against any person or group in Signature: Name: XXXX XXXX XXXXXX Title: COMMANDER Date: E-mail: xxxx.xxxxxx@xxx.xx.xxx

  • Audit Findings Vendor shall implement any required safeguards as identified by Citizens or by any audit of Vendor’s privacy and security controls.

  • Right to Audit Records Citizens shall have reasonable access to Vendor’s facilities and the right to review and audit any of Vendor’s records relating solely to this Agreement, upon written notice to Vendor of at least three (3) business days. Vendor shall not unreasonably delay or inhibit Citizens’ right to audit as set forth in this Section. Vendor shall cooperate with auditor(s) and, provide requested documentation in a timely manner (preferably within five (5) business days). Vendor must resolve any deficiencies discovered during the audit within ninety (90) calendar days from being reported. Citizens may extend the response time period in its sole discretion. Citizens has the right to conduct follow-up audit procedures to assess Vendor’s corrective action(s). Any entity performing auditing services pursuant to this Section shall execute a non-disclosure agreement with regard to Vendor’s proprietary information, unless precluded from doing so by law. Vendor agrees to reimburse Citizens for the reasonable costs of investigation incurred by Citizens for investigations of Vendor’s compliance with this Agreement which result in termination for cause or in regulatory or criminal penalties in connection with performance of this Agreement. Such costs shall include, but shall not be limited to: salaries of investigators, including overtime; travel and lodging expenses; expert witness fees and, documentary fees.

  • Annual Audit Report On or before July 31 of each year, beginning with July 31, 2002, Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller and Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer's duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that Servicer's overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement. 27. A new Section 5.07 is hereby added to the Master Servicing Agreement to read as follows:

  • Annual Conference Vote This Disaffiliation Agreement must be “ratified by a simple majority of the members . . . present and voting” at a duly-called session of The Western North Carolina Annual Conference of The United Methodist Church, as required by Judicial Council Decision 1379 and ¶ 2529.1b(3)

  • Audit Notwithstanding any other audit requirement, H-GAC reserves the right to conduct or cause to be conducted an independent audit of any transaction under this Agreement, such audit may be performed by the H-GAC local government audit staff, a certified public accountant firm, or other auditors designated by H-GAC and will be conducted in accordance with applicable professional standards and practices. The Contractor understands and agrees that the Contractor shall be liable to the H-GAC for any findings that result in monetary obligations to H-GAC.

  • Cooperation with Accountants PFPC shall cooperate with the Fund's independent public accountants and shall take all reasonable actions in the performance of its obligations under this Agreement to ensure that the necessary information is made available to such accountants for the expression of their opinion, as required by the Fund.

  • Independent Auditors The Company shall, until at least the Termination Date, maintain as its independent auditors an accounting firm authorized to practice before the SEC.

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