Initial Verification Sample Clauses
The Initial Verification clause establishes the requirement for an initial review or assessment to confirm that certain conditions, credentials, or information are accurate and meet predefined standards at the outset of an agreement or process. Typically, this involves one party providing documentation or evidence, such as proof of identity, compliance certificates, or other relevant materials, which the other party must examine and approve before proceeding. By mandating this early check, the clause helps prevent misunderstandings or disputes later by ensuring all parties start from a position of verified trust and compliance.
Initial Verification. Upon receiving their copy of the Standards, employees, officers and directors current and future will:
1. Become thoroughly familiar with the Standards.
2. Resolve any doubts or questions about the Standards with their supervisors.
3. Inform their supervisors of any existing holdings or activities that might be, or appear to be, at variance with the Standards.
4. Prepare written disclosures of such information, if requested, by supervisors.
5. Take steps to correct existing situations and bring holdings and activities into full compliance with the Standards. Such steps will be approved in writing by supervisors and will be based on the written disclosure submitted by employees, officers or directors.
6. Sign the verification and return it to their supervisors who will make it part of employee's permanent corporate records.
Initial Verification. Upon receiving their copy of the Standards, employees, officers and directors current and future will:
i. Become thoroughly familiar with the Standards.
ii. Resolve any doubts or questions about the Standards with their supervisors.
iii. Inform their supervisors of any existing holdings or activities that might be, or appear to be, inconsistent with, or in violation of, the Standards.
iv. Prepare written disclosures of such information, if requested, by supervisors.
v. Take steps to correct existing situations and bring holdings and activities into full compliance with the Standards. Such steps will be approved in writing by supervisors and will be based on the written disclosure submitted by employees, officers or directors.
vi. Sign the verification and return it to their supervisors who will make it part of employee’s permanent corporate records.
Initial Verification. To determine if TBRA Program applicants (collectively, “Applicants”) are income-eligible, Subrecipient must verify each Applicant’s household income using source documentation such as wage statements, interest statements, unemployment compensation statements, and bank account statements. Once an initial income verification is completed, the Subrecipient is not required to re-examine the Eligible Household’s income unless six months has elapsed before assistance is provided.
Initial Verification. The Contractor shall verify that each driver meets the requirements of this Contract, including the appropriate regulatory requirements, before that driver serves Clients under this Contract.