Procedures and Controls Clause Samples

Procedures and Controls. At all times, the School will maintain appropriate governance and managerial procedures and financial controls, which shall include but not be limited to: (1) commonly accepted accounting practices and the capacity to implement them; (2) a checking account; (3) adequate payroll procedures; (4) an organizational chart;

Procedures and Controls. Contractor shall develop procedures and controls for securely storing, distributing, counting, redeeming and tracking Market Match tokens.

Procedures and Controls. (c.1) The Distributor confirms it will at all times during the term of the contract to which these Terms and Conditions are attached: (c.1.1) have in place effective policies and procedures to ensure compliance with this Terms and Conditions (and in particular the laws referenced at clauses b.1.2 and b.1.3 above); (c.1.2) procure that its Associated Persons in respect of this Terms and Conditions and any other agreements with Sensorex are aware of and comply with the provisions of clauses (a)-(c) of this article 9 of this Term and Conditions; (c.1.3) maintain complete and accurate records of all transactions and payments related to this Terms and Conditions and any other agreement between the Distributor and Sensorex and, on reasonable request, disclose details of those transactions and payments to Sensorex; (c.1.4) on reasonable request confirm in writing to Sensorex that it has complied with the requirements of this Clause and, if so requested, allow Sensorex to verify this compliance by way of an audit of its records; and (c.1.5) immediately inform Sensorex if it suspects or becomes aware of any breach of this Clause by it or any of its Associated Persons and provide detailed information about the breach.

Procedures and Controls. The contractor shall establish and maintain procedures and controls that are adequate to assure that no information contained in its records and/or obtained from the Sheriff’s Office or from others in carrying out the functions/service under this Agreement shall be used by or disclosed by it or its employees, except as required to efficiently perform duties under the Agreement.

Procedures and Controls. At all times relevant, Och-Ziff sought business opportunities in countries with high corruption risks, including, among other places, the DRC, Libya, Chad, and Niger. Despite understanding the nature of the corruption risks presented by doing business in those countries, Och-Ziff knowingly failed to implement an adequate system of internal accounting controls and failed to enforce the internal accounting controls it did have in place, which failed to prevent bribe payments from being made in DRC, Libya, Chad, and Niger. Further, in instances where the potential improper use of proceeds was identified, Och-Ziff did not take corrective measures, obtain verification of payments or seek to exercise contractually available audit or cancellation rights.

Procedures and Controls. The HEALTH PLAN agrees to establish and maintain procedures and controls so that no information contained in its records or obtained from the STATE or from others in carrying out the terms of this Contract shall be used by or disclosed by it, its agents, officers, or employees except as provided in Section 1106 of the Social Security Act and implementing regulations.