Audits Required Sample Clauses

Audits Required. It must obtain the following audits: (i) Annual “Single Audit.” A financial and compliance audit consistent with the requirements of the Single Audit Act Amendments of 1996, 31 U.S.C. § 7501, et seq., and applicable U.S. DOT “Single Audit” requirements of 2 CFR Part 1201, which incorporate by reference 2 CFR Part 200, for each Award, the accompanying Underlying Agreement, and any Amendments to any Underlying Agreement; and
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Audits Required. It will obtain the following audits: (a) Annual “Single Audit.” A financial and compliance audit that: (b) Other Audits. Other audits the Federal Government may require,
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Audits Required. If requested, Grantee shall submit to County a year-end financial statement covering all fiscal years during which Grantee expends funds provided pursuant to this Agreement. Grantee shall maintain client records, books, documents, and other evidence, accounting procedures and practices sufficient to reflect properly all direct and indirect costs of whatever nature claimed to have been incurred in the performance of this Agreement, including any matching costs and expenses, all of which will be deemed to constitute records for purposes of this section. Such records shall clearly reflect the cost and scope of the services provided. Grantee's facility or office or such part thereof as may be engaged in the performance of this Agreement and its records shall be subject at all reasonable times to inspection, audit, and reproduction by County, the State, or any of their duly authorized representatives.
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Audits Required. It will obtain the following audits: (a) Annual “Single Audit.” A financial and compliance audit that:
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Audits Required. A [insert number of installment] of US$insert amount in figures (United States Dollars insert amount in words), equivalent to [10% of the total maximum amount set out in this Article, shall be made available upon satisfactory provision of the required outputs (outputs indicated in the Payment Schedule have been provided), [Insert acronym of partner], financial statements of the Project audited by an independent audit firm showing the use of funds so far provided to [Insert acronym of partner], and a payment request. [Note: The first audit is required once 80% of the total maximum amount set out in this Article has been provided and utilized. Installments totaling of 20% (at a minimum) should be conditional upon submission of the audited financial statements] A final installment of US$ insert amount in figures (United States Dollars insert amount in words), not less than 10% of the total maximum amount set out in this Article, shall be made available upon satisfactory provision of the final outputs (outputs indicated in Annex C of the Payment Schedule have been provided), financial statements of the Project audited by an independent audit firm showing the use of funds so far provided [Insert acronym of partner], and a payment request). [Note: The second audit required once 80% of the total maximum amount set out in this Article has been provided and utilized. The final installment of 10% is conditional upon submission of the audited financial statements] UN-Habitat shall make the above payments within [insert number in words] [insert number in figures] days following the receipt of the appropriate payment request. The statements referred to above shall be itemized as per the budget in Annex C. Supporting documents shall be available to UN-Habitat upon request, together with payment request. The Parties acknowledge that the disbursement of funds from UN-Habitat to [Insert acronym of partner] under this Agreement are subject, in all respect, to the receipt of funds from Donor under the respective terms and conditions between UN-Habitat and the Donor. [Insert acronym of partner] cannot derive any rights from the terms and conditions between UN-Habitat and the donor or have any claim to the funds provided by the Donor to UN-Habitat. Payments shall be made by UN-Habitat in United States Dollars (USD) to the following bank account which shall be used exclusively for this project:
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Related to Audits Required

  • Consents Required A complete list of all agreements wherein consent to the transaction herein contemplated is required to avoid a default thereunder; or where notice of such transaction is required at or subsequent to closing, or where consent to an acquisition, consolidation, or sale of all or substantially all of the assets is required to avoid a default thereunder. (Schedule F.)

  • All Consents Required All approvals, authorizations, consents, orders or other actions of any Person or Governmental Authority applicable to the Collateral Custodian, required in connection with the execution and delivery of this Agreement, the performance by the Collateral Custodian of the transactions contemplated hereby and the fulfillment by the Collateral Custodian of the terms hereof have been obtained.

  • No Consents Required No consent, approval, authorization, order, registration or qualification of or with any court or arbitrator or governmental or regulatory authority is required for the execution, delivery and performance by the Company of this Agreement, the issuance and sale by the Company of the Placement Shares, except for such consents, approvals, authorizations, orders and registrations or qualifications as may be required under applicable state securities laws or by the by-laws and rules of the Financial Industry Regulatory Authority (“FINRA”) or the Exchange in connection with the sale of the Placement Shares by the Agent.

  • APPROVALS REQUIRED Neither the execution and delivery of this Agreement and the other Loan Papers to which it is a party by the Company, nor the consummation by the Company of any of the transactions contemplated hereby or thereby requires the consent or approval of, the giving of notice to, or the registration, recording, or filing of any document with, or the taking of any other action in respect of any Tribunal except for the routine filing of copies of this Agreement and certain other Loan Papers with the Securities and Exchange Commission, except for any of the foregoing required of any Bank or Agent.

  • Audit Requirements The Agreement, and any pertinent records involving transactions relating to this Agreement, is subject to the examination and audit of the Auditor General of the State of California or Comptroller General of the United States or designated Federal authority for a period of up to five (5) years after final payment under the Agreement. UC, and if the underlying grant, cooperative agreement or federal contract so provides, the other contracting Party or grantor (and if that be the United States or an instrumentality thereof, then the Comptroller General of the United States) will have access to and the right to examine Supplier’s pertinent books, documents, papers, and records involving transactions and work related to the Agreement until the expiration of five (5) years after final payment under the Agreement. The examination and audit will be confined to those matters connected with the performance of the Agreement, including the costs of administering the Agreement.

  • Access Requirements You will be responsible for providing the System to enable you to use an Electronic Service.

  • ALLOWABLE COSTS AND AUDIT REQUIREMENTS 9 4.1 Allowable Costs. 9 4.2 Audits and Financial Statements 10 4.3 Submission of Audits and Financial Statements 11

  • Single Audit Requirements 11.1. If a Subrecipient expends $750,000 or more in Federal Awards during the Subrecipient’s fiscal year, the Subrecipient shall procure or arrange for a single or program-specific audit conducted for that year in accordance with the provisions of Subpart F-Audit Requirements of the Uniform Guidance, issued pursuant to the Single Audit Act Amendments of 1996, (31 U.S.C. 7501-7507). 2 CFR 200.501.

  • Quality Assurance Requirements There are no special Quality Assurance requirements under this Agreement.

  • Prior Procedure Required No grievance shall be considered by the arbitrator which has not been first duly processed in accordance with the grievance procedure and appeal provisions.

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