OPERATIONAL COMPLIANCE. Auxiliary agrees to maintain and operate its organization in accordance with all applicable laws, regulations and CSU and Campus rules, regulations and policies. Failure of Auxiliary to comply with any term of this agreement may result in the removal, suspension or probation of Auxiliary as an auxiliary organization in good standing. Such action by CSU may result in the limitation or removal of Auxiliary's right to utilize the CSU or campus name, resources and facilities (CCR tit.5, §42406).
OPERATIONAL COMPLIANCE. Each Benefit Plan has been administered in all material respects in accordance with its terms and all Applicable Laws, and, except as set forth in SCHEDULE 3.10, each Benefit Plan intended to be qualified under Section 401(a) of the Code is so qualified and is, as most recently amended, the subject of a favorable determination letter as to its qualification. No event has occurred and no condition or set of circumstances exists in connection with which the Company or any Subsidiary could be directly or indirectly subject to any Encumbrance or loss of Tax deduction under ERISA or the Code or under any agreement, instrument, statute, rule of law or regulations pursuant to or under which the Company or any Subsidiary has indemnified or is required to indemnify any Person against any such liability (except liability for benefit claims and funding obligations payable in the ordinary course).
OPERATIONAL COMPLIANCE. The Administration Committee will administer Xxxx Elective Deferrals in accordance with applicable regulations or other binding authority not reflected in this Section 14. Any applicable regulations or other binding authority shall supersede any contrary provisions of this Section 14.
OPERATIONAL COMPLIANCE. The Plan Administrator will administer Xxxx Elective Deferrals in accordance with applicable regulations or other binding authority.
OPERATIONAL COMPLIANCE. Except as set forth on Schedule 1.16(b), Owners are in material compliance with all applicable Environmental Laws and Regulations and has not been notified by any regulatory authority that any Seller Local Entity was, may be or is in violation of or has liability or potential liability under the Environmental Laws. Owners have provided to Purchasers true and complete copies of all inspection reports, letters, stop orders and communications issued or released by any environmental agency relating to the Global Business which have been received by a Seller Local Entity, or sent or issued by any such agency within the past three (3) years.
OPERATIONAL COMPLIANCE. Corporation agrees to maintain and operate its organization in accordance with all applicable laws, regulations and CSU and University rules, regulations and policies. Failure of Corporation to comply with any term of this Agreement may result in the removal, suspension or probation of Corporation as an auxiliary organization in good standing. Such action by CSU may result in the limitation or removal of Corporation’s right to utilize the CSU or University’s name, resources and facilities (CCR tit.5, §42406).
OPERATIONAL COMPLIANCE. 1 If “Externally Funded Projects” is listed, your operating agreement must also include italicized language in Section 16 and Attachment 4
OPERATIONAL COMPLIANCE. Auxiliary agrees to maintain and operate its organization in accordance with all applicable laws, regulations and CSU and Campus rules, regulations and policies. Failure of Auxiliary to comply with any term of this agreement may result in the removal, suspension or probation of Auxiliary as an auxiliary organization in good standing. Such action by CSU may result in the limitation or removal of Auxiliary's right to utilize the CSU or campus name, resources and facilities (CCR tit.5, §42406). CONFLICT OF INTEREST No officer or employee of the CSU shall be appointed or employed by Auxiliary if such appointment or employment would be incompatible, inconsistent or in conflict with his or her duties as a CSU officer or employee. Auxiliary has established and will maintain a conflict of interest policy. The Auxiliary’s Conflict of Interest Policy is attached as Attachment 1. EXPENDITURES AUGMENTING CSU APPROPRIATIONS With respect to expenditures for public relations or other purposes which would serve to augment appropriations for CSU operations, Auxiliary may expend funds in such amount and for such purposes as are approved by Auxiliary's governing body. Auxiliary shall file, as Attachment 2 to this agreement, a statement of Auxiliary's policy on accumulation and use of public relations funds. The statement shall include the policy and procedures for solicitation of funds, the purposes for which the funds may be used, the allowable expenditures and procedures of control. FISCAL AUDITS Auxiliary agrees to comply with CSU policy and the provisions of CCR tit.5, §42408, regarding fiscal audits. All fiscal audits shall be conducted by auditors meeting the guidelines established the Integrated CSU Administrative Manual (ICSUAM). The Campus CFO shall annually review, and submit a written evaluation to the Chancellor’s Office in accordance with Section 20, Notices, of the external audit firm selected by the Auxiliary. This review by the Campus CFO must be conducted prior to the Auxiliary engaging an external audit firm and annually thereafter. If the Auxiliary has not changed audit firms, and the audit firm was previously reviewed and received a satisfactory evaluation, a more limited review may be conducted and submitted. USE OF NAME Campus agrees that Auxiliary may, in connection with its designated functions as a CSU auxiliary organization in good standing and this agreement, use the name of the Campus, the Campus logo, seal or other symbols and marks of the Campus...
OPERATIONAL COMPLIANCE. Each Benefit Plan has been administered in all material respects in accordance with its terms and all Applicable Laws, and, except as set forth in Schedule 3.10(j), each Benefit Plan intended to be qualified under Section 401(a) of the Code is so qualified and is, as most recently amended, the subject of a favorable determination letter as to its qualification. No event has occurred and no condition or set of circumstances exists in connection with which the Company could be directly or indirectly subject to any Encumbrance or loss of Tax deduction under ERISA or the Code or under any agreement, instrument, statute, rule of law or regulations pursuant to or under which the Company has indemnified or is required to indemnify any Person against any such liability (except liability for benefit claims and funding obligations payable in the ordinary course).
OPERATIONAL COMPLIANCE. Each Employee Plan has been maintained, operated, and administered in material compliance with its terms and any related documents or agreements and in material compliance with any and all applicable state and federal and in the case of INSO KK, ViewPort and Synex, foreign laws, rules and regulations, including but not limited to ERISA, the Code and COBRA.
