Financial Integrity Sample Clauses

Financial Integrity. (1) Tenant shall not permit any materials or equipment that are incorporated as fixtures into the Premises in connection with any Alterations to be subject to any lien, encumbrance, chattel mortgage or title retention or security agreement. (2) Tenant shall not make any Alteration at a cost for labor and materials (as reasonably estimated by Landlord’s architect, engineer or contractor) in excess of Fifty Thousand Dollars ($50,000), either individually or in the aggregate with any other Alterations constructed in any particular period of twelve (12) consecutive months, prior to Tenant’s delivering to Landlord a performance bond and a payment bond that covers Tenant’s obligation to pay the applicable contractor and the applicable contractor’s obligation to pay its subcontractors (in either case issued by a surety company and in form reasonably satisfactory to Landlord), each in an amount equal to one hundred percent (100%) of such estimated cost. (3) Tenant shall discharge any mechanic’s lien filed against the Real Property for work claimed to have been done for, or for materials claimed to have been furnished to, Tenant (or any Person claiming by, through or under Tenant) within thirty (30) days after Tenant has received notice thereof, at Tenant’s expense, by payment or filing the bond required by law. The provisions of this Section 8.5(A)(3) shall survive the expiration or earlier termination of this Lease. (B) Subject to the terms of this Section 8.5(B), within forty-five (45) days after the Substantial Completion of any Alterations, Tenant shall deliver to Landlord: (i) general releases and waivers of lien from all contractors, subcontractors, materialmen, architects, engineers and other Persons who may file a lien against the Real Property in connection with such Alterations, (ii) a certificate from Tenant’s independent licensed architect certifying that, in his or her opinion, the Alterations have been completed in accordance with the final detailed plans and specifications for such Alterations as approved by Landlord (to the extent Landlord’s approval was required under this Article 8), and (iii) a certificate from Tenant’s independent licensed architect or Tenant’s general contractor certifying that all contractors, subcontractors, materialmen, architects, engineers and other Persons who may file a lien against the Real Property in connection with the Alterations have been paid in full. Tenant shall not be required to deliver to Landlord any genera...

Financial Integrity. The Corporation requires its financial personnel to record and report accurately, completely and timely all financial transactions involving the Corporation. Adherence to the Financial Policies Manual is a matter of mutual trust engaged in by all employees of the Corporation. A failure anywhere within the Corporation to do so is a breach of that trust not only to the Corporation’s shareholders and the investing public who rely on the integrity of the Corporation’s financial statements but also to all the other employees of the Corporation who are equally reliant upon the fundamental integrity of the Corporation and its processes.

Financial Integrity. The Surviving Corporation will (i) maintain separate debt instruments and maintain its own corporate and debt credit rating, as well as a rating for long-term debt and (ii) absent approval by the VPSB, not declare or pay any dividends on its capital stock if such dividends would result in a capital structure that would reduce the percentage of equity below the percent reflected in the capital structure in the Surviving Corporation’s most recent forecasted capitalization to the VPSB.

Financial Integrity. Tenant shall not permit any materials or equipment to be incorporated in the Premises in connection with any Alterations to be subject to any lien, encumbrance, chattel mortgage or title retention or security agreement. Tenant shall not make any Alteration at a cost for labor and materials (as reasonably estimated by Landlord's architect, engineer or contractor) in excess of One Hundred Thousand Dollars ($100,000), either individually or in the aggregate with any other Alteration constructed in any twelve (12) month period, prior to Tenant's delivering to Landlord a performance bond and labor and materials payment bond (issued by a surety company and in form reasonably satisfactory to Landlord), each in an amount equal to such estimated cost. This Section 4.4 shall not apply to Tenant's Initial Alterations.

Financial Integrity a. Protection from adverse capital cost impacts – Parent will agree that its subsidiary utilities’ capital costs used to set rates shall not increase as a result of the transaction. b. Transaction financing – Parent will agree that its subsidiaries’ utility customers shall not bear any financing costs associated with the transaction, including, but not limited to, any interest expense associated with any debt issued to finance the transaction and any replacement or refinancing of such debt.

Financial Integrity. Suppliers must keep accurate records of all matters related to their business with Walmart in accordance with standard accounting practices such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).

Financial Integrity. We will maintain integrity in financial and business relationships and avoid actual or perceived conflicts of interest. ● We will develop and follow a protocol for sharing financial information related to the sponsorship. ● We will declare potential conflicts of interest to each other and seek solutions to minimize the risk (e.g. involving a third party). ● We will strive to ensure that the SRP students do not feel that they are receiving charity from or owe anything to individuals. ● We will only accept gifts if offered that are of very small financial value or token. ● We will use the funds raised in the name of SRP towards the implementation of the SRP on our campus. ● We will commit to provide the full financial support stated in the Intent to Sponsor form.

Financial Integrity. Holdco will exercise management prudence to maintain the financial integrity of Westar and KCP&L in all respects, including matters relating to dividends, capital investments and other financial actions in an effort to maintain investment grade credit ratings. Holdco acknowledges that it is ultimately responsible for maintaining the financial integrity of its public utility subsidiaries such that they are capable of meeting their statutory responsibilities to provide sufficient and efficient service. 10

Financial Integrity. Subgrantee shall be responsible for financial integrity of accounting records and compliance with the following requirements in addition to those required by regulation: a. Subgrantee shall, and shall cause its subrecipients (including by contract) to, prepare and maintain accurate financial records documenting all expenditures made from funds provided under this Agreement. These records shall include financial and audit reports for the applicable accounting period for the program, including adjustments to reconcile the accounting records. b. Subgrantee shall reimburse expenditures of subrecipients under this Agreement only if they are: 1) In payment of eligible activities or services performed under this Agreement. 2) In payment of services performed or supplies delivered during the applicable program period; 3) In the aggregate not in excess of 100% of the funds provided to the respective applicable grant program under this Agreement; and 4) Not for duplicate payment for the same activities or services under both this Agreement and any other contract or agreement with subrecipients. c. Subgrantee shall pay its subrecipients within thirty (30) days of the date of requests for payment. d. Subgrantee shall maintain documentation of its monitoring of subrecipients. The documentation shall include, but not be limited to: 1) An agreement that complies with the requirements of this Agreement. 2) Documentation of the non-profit status of the subrecipient; and 3) Copies of all of the subrecipients OMB Circular A-133 audits if the subrecipient is required to have such an audit. 4) Documentation of other methods used by Subgrantee for monitoring subrecipient activities. e. Subgrantee shall maintain an Accounting System which conforms with the following requirements: 1) Expenditures shall be segregated by line item category within the accounting system of Subgrantee or subrecipient, as the case may be, and reported on the required fiscal reports. 2) Funds received together with any income that is attributable to funds provided thereby shall be identified and segregated for expenditures relating to the program(s) for which the original funds were provided. Any allocation methodology shall comply with any requirements applicable to that entity or program. OHCS may, in its sole discretion, reduce Subgrantee funding and redistribute such Grant funding to other Subgrantees. Adjustments pursuant to this subsection may be implemented by means of the Notices of Allocation (...

Financial Integrity. VSA’s financial integrity is of interest to the City; therefore, subject to VSA’s right to maintain reasonable deductibles in such amounts as are approved by this Agreement, VSA shall obtain and maintain in full force and effect for the duration of this Agreement, and any extension hereof, at VSA’s sole expense, insurance coverage written on an occurrence basis, by companies authorized and admitted to do business in the State of Texas and rated A- or better by A.M. Best Company and/or otherwise acceptable to the City, in the following types and amounts: TYPE AMOUNTS 1. Workers’ Compensation 2. Employers’ Liability Statutory $500,000/$500,000/$500,000 3. Commercial General Liability Insurance to include coverage for the following: a. Premises operations b. Independent Contractors c. Products/completed operations d. Personal Injury e Contractual Liability For Bodily Injury and Property Damage of $1,000,000 per occurrence; $2,000,000 General Aggregate, or its equivalent in Umbrella or Excess Liability Coverage 4. Business Automobile Liability a. Owned/leased vehicles b. Non-owned vehicles c. Hired Vehicles Combined Single Limit for Bodily Injury and Property Damage of $1,000,000 per occurrence