Contractual Independence Sample Clauses

Contractual Independence. During the term of probation, the TPA shall not directly own any stock in CARNIVAL and must have no other ongoing contractual or business relationship, other than that of the TPA, with CARNIVAL, and may not seek or serve in other capacities with CARNIVAL, unless first disclosed to the Interested Parties, the Court, and the CAM, and unless expressly approved by the Interested Parties. The TPA must exercise independent judgment and ensure that the objectives set forth in this ECP are met. CARNIVAL and the TPA shall notify the Interested Parties if any contractual relationships or proposed contractual relationships between CARNIVAL and the TPA arise during the term of probation.
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Contractual Independence. During the term of probation, the TPA shall not directly own any stock in CARNIVAL and must have no other ongoing contractual or business relationship, other than that of the TPA, with CARNIVAL, and may not seek or serve in other capacities with CARNIVAL, unless first disclosed to the Interested Parties, the Court, and the CAM, and unless expressly approved by the Interested Parties. The TPA must exercise independent judgment and ensure that the objectives set forth in this ECP are met. CARNIVAL and the TPA shall notify the Interested Parties if any contractual relationships or proposed contractual relationships between CARNIVAL and the TPA arise during the term of probation. F. Functional Independence The TPA shall function independently of CARNIVAL. The TPA shall not receive or request approval of any form from any employee of CARNIVAL regarding the development, clearance, or evaluation of any document, report, or communication of any kind, whether draft or final, required by this ECP. G. Confidentiality The TPA shall maintain the confidentiality of any non-public information entrusted or made available to the TPA by CARNIVAL (whether directly or through the CAM or the Interested Parties). The TPA shall share such information only with the Interested Parties and the CAM, as appropriate under this ECP, and shall sign a non-disclosure agreement with CARNIVAL memorializing the same. Within thirty (30) days after the end of the TPA’s term, the TPA shall either return any information obtained from CARNIVAL, or certify that such information has been destroyed. Anyone hired by the TPA shall also sign a non-disclosure agreement with similar return or destruction requirements as set forth in this paragraph. H. CAM Access The TPA agrees to provide the CAM full access to all records, personnel (including auditors), and any other information associated with its responsibilities in fulfilling the requirements of this ECP. The TPA shall provide the CAM with all audit reports. The TPA will permit the CAM to attend any audit at any time. I. TPA Access The TPA shall have full access to Covered Personnel, company records, Covered Vessels (except to the extent such access is inconsistent with the safety and security of a vessel, its crew, or passengers) and shore-side facilities to perform its auditing function. VIII. AUDITING PROCESS X. Xxxxxx and Numbers of Audits 1. Audits (as described below) shall commence as soon as is reasonably practicable after the Government sele...
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Related to Contractual Independence

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  • EDD Independent Contractor Reporting Requirements Effective January 1, 2001, the County of Orange is required to file in accordance with subdivision (a) of Section 6041A of the Internal Revenue Code for services received from a “service provider” to whom the County pays $600 or more or with whom the County enters into a contract for $600 or more within a single calendar year. The purpose of this reporting requirement is to increase child support collection by helping to locate parents who are delinquent in their child support obligations. The term “service provider” is defined in California Unemployment Insurance Code Section 1088.8, subparagraph B.2 as “an individual who is not an employee of the service recipient for California purposes and who received compensation or executes a contract for services performed for that service recipient within or without the state.” The term is further defined by the California Employment Development Department to refer specifically to independent Contractors. An independent Contractor is defined as “an individual who is not an employee of the ... government entity for California purposes and who receives compensation or executes a contract for services performed for that ... government entity either in or outside of California.” The reporting requirement does not apply to corporations, general partnerships, limited liability partnerships, and limited liability companies. Additional information on this reporting requirement can be found at the California Employment Development Department web site located at xxxx://xxx.xxx.xx.xxx/Employer_Services.htm

  • Engagement of Independent Review Organization Within 60 days after the Effective Date, Xxxxxx shall engage an individual or entity, such as an accounting, auditing, or consulting firm (hereinafter “Independent Review Organization” or “IRO”), to perform the reviews listed in this Section III.C. The applicable requirements relating to the IRO are outlined in Appendix A to this IA, which is incorporated by reference.‌

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