Purpose of FHCF Examination Sample Clauses

Purpose of FHCF Examination. The purpose of the examinations conducted by the SBA is to evaluate the accuracy of the FHCF exposure or Loss data reported by the Company. However, due to the limited nature of the examination, it cannot be relied upon as an assurance that a Company’s data is reported accurately or in its entirety. The Company should not rely on the FHCF to identify every type of reporting error in its data. In addition, the reporting requirements are subject to change each Contract Year so it is the Company’s responsibility to be familiar with the applicable Contract Year requirements and to incorporate any changes into its data for that Contract Year. It is also the Company’s responsibility to ensure that its data is reported accurately and to comply with Florida Statutes and any applicable rules when reporting exposure data. The examination report is not intended to provide a legal determination of the Company’s compliance.
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Purpose of FHCF Examination. The purpose of the examinations conducted by the SBA is to evaluate the accuracy of the FHCFexposure or Loss data reported by the Company. However, due to the limited nature of theexamination, it cannot be relied upon as an assurance that a Company’s data is reported accurately xxxx its entirety. The Company should not rely on the FHCF to identify every type of reporting error inits data. In addition, the reporting requirements are subject to change each Contract Year so it is theCompany’s responsibility to be familiar with the applicable Contract Year requirements and toincorporate any changes into its data for that Contract Year. It is also the Company’s responsibilityto ensure that its data is reported accurately and to comply with Florida Statutes and any applicablerules when reporting exposure data. The examination report is not intended to provide a legaldetermination of the Company’s compliance. (2) Examination Requirements for Exposure Verification The Company shall retain complete and accurate records, in policy level detail, of all exposure datasubmitted to the SBA in any Contract Year until the SBA has completed its examination of tireCompany’s exposure submissions. The Company shall also retain complete and accurate records ofany completed exposure examination for any Contract Year in which the Company incurred Lossesuntil the completion of the loss reimbursement examination and commutation for that Contract Year.The records to be retained are outlined in the Data Call adopted for the Contract Year under Rule 19- 8.029, F.A.C. A complete list of records to be retained for the exposure examination is set forth inForm FHCF-EAP1, adopted for the Contract Year- under Rule 19-8.030, F.A.C. (3) Examination Requirements for Loss Reports The Company shall retain complete and accurate records of all reported Losses and/or advancessubmitted to the SBA until the SBA has completed its examination of the Company’s reimbursableLosses and commutation for the Contract Year (if applicable) has been concluded. Tire records to beretained are set forth as part of tire Proof of Loss Report, Form FHCF-L1B, adopted for the ContractYear under Rule 19-8.029, F.A.C., and Form FHCF-LAP1, adopted for the Contract Year underRule 19-8.030, F.A.C. (4) Examination Procedures (a) The FHCF will send an examination notice to the Company providing the commencement date of the examination, the site of the examination, any accommodation requirements of the examiner, and the reports...
Sample 1
Purpose of FHCF Examination. The purpose of the examinations conducted by the SBA is to evaluate the accuracy of the FHCF exposure or loss data reported by the Company. However, due to the limited nature of the examination, it cannot be relied upon as an assurance that a company’s data is reported accurately or in its entirety. The company should not rely on the FHCF to identify every type of reporting error in its data. In addition, the reporting requirements are subject to change each *[***]: Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. Contract Year so it is the Company’s responsibility to be familiar with the applicable Contract Year requirements and to incorporate any changes into its data for that Contract Year. It is also the Company’s responsibility to ensure that its data is reported accurately and to comply with Florida Statutes and any applicable rules when reporting exposure data. The examination report is not intended to provide a legal determination of the Company’s compliance.
Sample 1

Related to Purpose of FHCF Examination

  • Search, Enquiry, Investigation, Examination And Verification a. The Property is sold on an “as is where is basis” subject to all the necessary inspection, search (including but not limited to the status of title), enquiry (including but not limited to the terms of consent to transfer and/or assignment and outstanding charges), investigation, examination and verification of which the Purchaser is already advised to conduct prior to the auction and which the Purchaser warrants to the Assignee has been conducted by the Purchaser’s independent legal advisors at the time of execution of the Memorandum. b. The intending bidder or the Purchaser is responsible at own costs and expenses to make and shall be deemed to have carried out own search, enquiry, investigation, examination and verification on all liabilities and encumbrances affecting the Property, the title particulars as well as the accuracy and correctness of the particulars and information provided. c. The Purchaser shall be deemed to purchase the Property in all respects subject thereto and shall also be deemed to have full knowledge of the state and condition of the Property regardless of whether or not the said search, enquiry, investigation, examination and verification have been conducted. d. The Purchaser shall be deemed to have read, understood and accepted these Conditions of Sale prior to the auction and to have knowledge of all matters which would have been disclosed thereby and the Purchaser expressly warrants to the Assignee that the Purchaser has sought independent legal advice on all matters pertaining to this sale and has been advised by his/her/its independent legal advisor of the effect of all the Conditions of Sale. e. Neither the Assignee nor the Auctioneer shall be required or bound to inform the Purchaser of any such matters whether known to them or not and the Purchaser shall raise no enquiry, requisition or objection thereon or thereto.

  • Purpose of Evaluation 10.1.1 It is recognized that a system of evaluation is essential to assist Unit Members in developing competency and realizing their potential. It is further recognized that information gathered through such a system will enable decisions that measure a Unit Member’s performance in a just and equitable manner. 10.1.2 The evaluation procedure is a cooperative process designed to: a. Promote the achievement of goals and objectives of the County Office and its programs through the assessment and evaluation of the staff that perform within that program; b. Provide a formal method of recognizing staff achievement and growth; c. Identify abilities and specific indicators most critical to support job performance; d. Develop suggestions and direction regarding desired performance and improvement based on standards for like positions; e. Increase the employee’s understanding of performance from the supervisor’s viewpoint; and f. Provide a process of two-way communication to evaluate job performance.

  • Purpose of Use The Executive agrees that he will use Confidential Information only for purposes authorized or directed by the Company.

  • Purpose of DPA The purpose of this DPA is to describe the duties and responsibilities to protect Student Data including compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time. In performing these services, the Provider shall be considered a School Official with a legitimate educational interest, and performing services otherwise provided by the LEA. Provider shall be under the direct control and supervision of the LEA, with respect to its use of Student Data

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