Integrity and Financial Responsibility. Client will act in good faith and alert the management of ExED to any fraudulent activity which is reasonably related to the Services as soon as the Client becomes aware, to the extent permitted by law. Client acknowledges that ExED’s ability to provide Services is premised upon the Client acting in a financially prudent manner, including but not limited to timely approval of balanced budgets and maintaining a positive variance to budget throughout the year to the extent feasible.
Integrity and Financial Responsibility. Client will act with integrity and alert the management of CI to any fraudulent or unethical activity related to Client operations as soon as the Client becomes aware, to the extent permitted by law. Client acknowledges that CI’s ability to provide Services is premised upon the Client acting in a financially prudent manner, including but not limited to timely approval of balanced budgets, maintaining a positive variance to budget throughout the year to the extent feasible and proper submission of supporting documentation for incoming and outgoing payments of any kind. Notwithstanding Section 14 hereof, CI may immediately terminate this contract in the event it determines, in its sole discretion, that Client personnel are or have acted in a fraudulent or unethical manner or in the case that CI cannot provide the Services in a professional manner consistent with laws and regulations governing the Client, Client approved policies and procedures or business management best practices, based upon the actions or inaction of the Client.
Integrity and Financial Responsibility. Each Related Client will act with integrity and alert the management of ExED to any fraudulent activity which is reasonably related to the Services as soon as the Related Client becomes aware, to the extent permitted by law. Related Client acknowledges that ExED’s ability to provide Services is premised upon the Related Client acting in a financially prudent manner.
Integrity and Financial Responsibility. Financial responsibility and fiscal responsibility are at the core of the HFCO’s integrity and as such, the organization owes its due diligence to all of its stakeholders. All members are expected to meet or exceed ethical and legal standards regarding sound fiscal practices, the use of HFCO equipment and resources, the use of the HFCO name, and the reporting of financial transactions. All transactions are to be reported accurately, completely and transparent. All expenses are to be reasonable, directly related to HFCO business and supported by the proper documentation. All officers and members are expected to remain in compliance with the established procedures and protocols designed to safeguard the assets of the HFCO. Please note: Only identified HFCO officers are authorized to enter into contractual agreements; contractual agreements are subject to the approval of the Board of Directors and/or general membership vote and possible review of legal counsel. All financial audits will be completed without interference of any member and any irregularity should be reported to the Board of Directors immediately.
Integrity and Financial Responsibility. School will act with integrity and alert the management of ExED to any fraudulent activity which is reasonably related to the Services as soon as the School becomes aware, to the extent permitted by law. School acknowledges that ExED’s ability to provide Services is premised upon the School acting in a financially prudent manner, including but not limited to timely approval of balanced budgets and maintaining a positive variance to budget throughout the year to the extent feasible.
Integrity and Financial Responsibility. School will act with integrity and alert the management of LAUP to any fraudulent activity which is reasonably related to the Services as soon as the School becomes aware, to the extent permitted by law. School acknowledges that LAUP's ability to provide Services is premised upon the School acting in a financially prudent manner, including but not limited to, timely approval of balanced budgets and maintaining a positive variance to budget throughout the year to the extent feasible.
Integrity and Financial Responsibility. The School will act with integrity and alert the management of Alliance to any fraudulent activity that is reasonably related to the Services as soon as the School becomes aware of such activity, to the extent permitted by law. The School acknowledges that Alliance's ability to provide Services is premised upon the School’s acting in a financially prudent manner, including but not limited to timely approval of balanced budgets and maintaining a positive variance to budget throughout the year to the extent feasible. Notwithstanding Section 8 hereof, Alliance may immediately terminate this contract in the event it determines that it cannot provide the Services in a professional manner, based upon the actions or inaction of the School with respect to financial controls and management. In such event, Alliance will cooperate with the School to transition its duties to the School personnel or another vendor.