FINANCIAL SUPERVISION Sample Clauses

FINANCIAL SUPERVISION. Party B and Party C hereby jointly agree to, subsequent to the date hereof, (i) submit the annual budget and monthly cash requirement plan of Party B to Party A for approval, (ii) any withdrawal of fund from any bank account of Party B shall require the joint signatures of Ju Baochun and the person designated by Party A; and (iii) accept the corporate policies and guidance provided by Party A from time to time in respect of the appointment and dismissal of senior management, daily operations and management and financial administrative system of Party B.
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FINANCIAL SUPERVISION. Xx. Xxxxxxxx Xxx shall be appointed as the Companies’ financial supervisor immediately after the Closing Date; Xx. Xxxxxxxx Xxx shall have all the right to review and to inspect the financial statements as well as any other financial matters of the Companies. Sellers shall have the right to replace Xx. Xxxxxxxx Xxx and make new appointment of this position. Purchaser and the Companies shall consent and cooperate without any conditions.
Sample 1
FINANCIAL SUPERVISION. 4.1 In addition to the right provided in this Agreement, Junlian also has the right to review and copy the Article of Association, the minute of Shareholder Meeting, the resolution of the Board of Directors and Supervisors, financial report and relevant project contracts of Junlian S&T.
Sample 1
FINANCIAL SUPERVISION. Both Parties shall be entitled to inspect accounting books of the JV company.
Sample 1
FINANCIAL SUPERVISION. 4.1 In addition to the right provided in this Agreement, WFOE also has the right to review and copy the Article of Association, the minute of Shareholder Meeting, the resolution of the Board of Directors and Supervisors, financial report and relevant project contracts of Original Company. 4.2 Original Company shall provide the accurate, true and complete accounting record, book, financial report and other accounting data to the relevant accountant firm retained by it without any rejection, concealment and false report. 4.3 WFOE may request to review the accounting book if it believes that there exists any inaccurate, untrue and incomplete problem in the financial report of Original Company. Original Company shall arrange such review within 10 business days as of such written request by WFOE. If necessary, WFOE may employ the accountant firm to assist and the employment fee shall be borne by Original Company. 4.4 WFOE may employ the qualified accountant firm to audit Original Company if it has legal reason to believe that there exists any problem in its financial statement, and the audited financial report shall be the basis for the implementation of this Agreement. 4.5 Original Company should provide necessary conditions and convenience to assist WFOE in exercise the supervision right hereof and such exercise of right shall not affect the daily business of Original Company.
Sample 1
FINANCIAL SUPERVISION. Micro shall have the right to nominate a chief finance officer to oversee the financial matters of the Company so long as it holds the majority interest in the Company. SPM shall have the right to nominate an accounting officer to oversee the administration of bookkeeping and accounting matters of the Company.
Sample 1
FINANCIAL SUPERVISION. Every year, the General Assembly shall formally approve a balance sheet and profit and loss account which have been certified correct by independent auditors not later than 1 July of the year following the year to which they apply. The independent auditors shall be appointed for a period of ... years (specify) by the General Assembly, which shall determine their fees. The documents enclosed with notices convening meetings of the General Assembly shall include the reports of the Board and the independent auditors, as well as the balance sheet and profit and loss account.
Sample 1
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Related to FINANCIAL SUPERVISION

  • Board Supervision All of the functions undertaken by the Investment Manager hereunder shall at all times be subject to the direction of the Board of Directors, its executive committee, or any committee or officers of the Company acting under the authority of the Board of Directors.

  • SITE SUPERVISION 1.9.1 Contractor shall provide adequate supervision of his employees to ensure complete and satisfactory performance of all work in accordance with the terms of the contract. Contractor shall have a responsible supervisor on the job at all times when the work of the contract is being carried out. 1.9.2 Contractor's site supervisor shall be responsible for communication with the State's representatives and shall meet with the Project Manager at the site on a weekly basis to discuss project status, including any problems, ideas, or concerns related to the project work. 1.9.3 Contractor and its employees shall be subject to all applicable State and Federal statutes and regulations for the conduct of personnel. 1.9.4 The Contractor shall provide adequate supervision of his/her subcontractors and their employees at all times.

  • Student Supervision Central Issues as they affect Occasional Teacher Workload

  • CONTRACTOR SUPERVISION Contractor shall provide competent supervision of personnel employed on the job Site, use of equipment, and quality of workmanship.

  • Supervision The Recipient shall provide and maintain competent and adequate project management covering the supervision and inspection of the development and construction of the Project and bear the responsibility of ensuring that construction conforms to the approved surveys, plans, profiles, cross sections and specifications.

  • Faculty Selection, Supervision, and Evaluation A. Faculty for a dual credit course will be approved and employed by Hill College. The instructor must meet credential requirements of Hill College and minimum requirements as specified by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). Each faculty member assigned to teach an academic course will have a master’s degree plus 18 hours in the specific discipline. Technical course instructors will have at least an associate degree and three years of work experience in the related business or industry. B. Instructors teaching dual credit courses must meet the same standards, review, and approval procedures as full- time, regular Hill College faculty. C. Faculty for a dual credit course who are not a full-time faculty member of Hill College report directly to the appropriate Xxxx of Instruction for the pathway in which the course(s) is being taught. The college shall supervise and evaluate part-time faculty teaching dual credit courses using the same or comparable procedures used for full-time faculty employed by college. D. The performance appraisal process for dual credit instructors will be conducted by the immediate supervisor and reviewed by the second line supervisor prior to the appraisal interview with the employee. The dual credit faculty evaluation process will mirror the evaluation process used at the college for all full-time faculty members and will be done according to the college policy manual. All dual credit faculty will be periodically evaluated using the following means: 1) random classroom observation by the immediate supervisor of that discipline, 2) student evaluations and 3) self-evaluation. E. All Dual Credit faculty instructors will be supervised by the following means: i. When dual credit classes are visited during a classroom observation, supervisors will ask to see items such as the textbook, observe instruction and interaction with students, and request a class syllabus and a sample of class tests, quizzes, labs, and/or projects. ii. Dual Credit instructors are given a self-evaluation form and are asked to fill it out and return the form to their Hill College supervisor. iii. All dual credit instructors are given a master syllabus for the course. The master syllabus provides grading policy and student learning outcomes. iv. All dual credit instructors are required to participate in the assessment process. v. All dual credit instructors are required to certify rosters. vi. All dual credit instructors are required to submit final grades. F. Faculty teaching courses, which result in the award of college credit, will be regularly employed faculty members of Hill College. All faculty selected by Hill College to teach dual credit classes will be considered employees of Hill College and will be compensated by the college in accordance with Hill College policy, procedures, and guidelines. G. Applications for employment and official transcripts from each college or university attended MUST be submitted and approved prior to the start of classes. All paperwork will be kept on file at Hill College.

  • Construction Bonds, Insurance and Supervision (i) The Recipient shall require that each of its Contractors furnish a performance and payment bond in an amount at least equal to 100 percent (100%) of its contract price as security for the faithful performance of its contract. (ii) The Recipient shall require that each of its construction contractors and each subcontractor maintain during the life of its contract or subcontract appropriate Workers Compensation Insurance, Public Liability, Property Damage and Vehicle Liability Insurance. (iii) The Recipient shall provide and maintain competent and adequate project management covering the supervision and inspection of the development and construction of the Project and bearing the responsibility of ensuring that construction conforms with the approved surveys, plans, profiles, cross sections and specifications and certifying to the OPWC and the Recipient at the completion of construction that construction is in accordance with the approved surveys, plans, profiles, cross sections and specifications or approved amendments thereto.

  • ETHICS IN PUBLIC CONTRACTING This Contract incorporates by reference Article 9 of the Arlington County Purchasing Resolution, as well as all state and federal laws related to ethics, conflicts of interest or bribery, including the State and Local Government Conflict of Interests Act (Code of Virginia § 2.2-3100 et seq.), the Virginia Governmental Frauds Act (Code of Virginia § 18.2-498.1 et seq.) and Articles 2 and 3 of Chapter 10 of Title 18.2 of the Code of Virginia, as amended (§ 18.2-438 et seq.). The Contractor certifies that its proposal was made without collusion or fraud; that it has not offered or received any kickbacks or inducements from any other offeror, supplier, manufacturer or subcontractor; and that it has not conferred on any public employee having official responsibility for this procurement any payment, loan, subscription, advance, deposit of money, services or anything of more than nominal value, present or promised, unless consideration of substantially equal or greater value was exchanged.

  • Supervision and Oversight The Contractor shall be solely responsible for providing supervision and oversight to all the Contractor’s personnel that are assigned to the Agency properties pursuant to this contract.

  • Supervision of Contractor Personnel The Contractor must supply all necessary and sufficient supervision over the work that is being performed and will be held solely responsible for the conduct and performance of his employees or agents involved in work under the Agreement.

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