Reporting and Accounting Sample Clauses

Reporting and Accounting. The Administrator shall assume the reporting and accounting obligations set forth below: (i) As soon as practicable but not more than forty (40) days after the end of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Administrator shall timely provide to the Company reports and summaries of transactions (and, upon request of the Company, detailed supporting records) related to the Reinsured Contracts as may be reasonably required for use in connection with the preparation of the Company’s statutory and GAAP financial statements, tax returns and other required financial reports and to comply with the requirements of the regulatory authorities having jurisdiction over the Company. The parties shall cooperate in good faith to establish the manner for the providing of such reports. (ii) As soon as practicable but not more than forty (40) days after the end of each calendar quarter that this Agreement is in effect (or more frequently as mutually agreed by the parties), the Administrator shall report to the Company the amount of statutory reserves that the Company is required to maintain in connection with the Reinsured Risks with respect to the Reinsured Contracts as of the quarter end. (iii) The Administrator shall promptly provide notice to the Company of any changes in the reserve methodology used by the Administrator in calculating statutory reserves for the Reinsured Contracts. (iv) Within forty-five (45) days after each calendar year end (or such longer time as may be agreed by the parties) that this Agreement is in effect, the Administrator shall provide to the Company (a) an opinion of an actuary reasonably acceptable to the Company as to the adequacy of statutory reserves for the Reinsured Contracts, prepared according to accepted actuarial standards of practice, and as otherwise required for regulatory reporting purposes and (b) an analysis which reasonably supports such opinion.

Reporting and Accounting. 14.1 Within forty five (45) days after the end of each Fiscal Year, the Sponsor shall submit to MHRC an annual audited financial statement in a format acceptable to MHRC and audited by an independent accredited auditor. 14.2 The annual audited financial statements and the duties of the Sponsor's auditor shall include, but are not limited to: (a) the verification of the statements of revenues and expenditures; (b) the provision of comments relating to total expenditures in the event the total is beyond or in excess of the estimated amount of expenditures set out in the Operating Budget as approved by MHRC for that Fiscal Year; SMA: MINNEDOSA COMMUNITY HOUSING ASSOCIATION INC. P a g e | 9 (c) the verification of the balance sheets for that Fiscal Year; (d) the verification of the application of the rent in accordance with Income as set out in Schedule “B”; (e) the provision of an auditor's report, including any auditor's report letter, which will provide an opinion on the Sponsor's compliance with this Agreement; and (f) listing of the current Board of Directors and Officers of the Sponsor. 14.3 The Sponsor shall, within twenty (20) days after the end of each quarter in each Fiscal Year or as may otherwise be determined by MHRC, furnish MHRC with the following: (a) a statement duly signed by the Sponsor, in a form acceptable to or as may be prescribed by MHRC, showing: (i) details of revenues and expenditures; (ii) the difference between the revenues and expenditures resulting from the operation of the Project; (iii) a variance report projecting revenues and expenses for the Project to the end of the Sponsor's Fiscal Year, and comparing these Project figures to the current approved Operating Budget and demonstrating the difference, plus or minus, between the projected figures and the approved Operating Budget figures; (iv) the number of vacant dwelling units in the Project and the number of Households eligible for and awaiting placement in Designated Units; (v) the rental arrears, if any; and (b) a cheque payable to MHRC representing the net revenue for the preceding quarter.

Reporting and Accounting. The Cooperation organisation shall hand in a midyear report to the Swedish project organisation after the first half of the year covered. The midyear report shall consist of a short descriptive report on the development of the project as well as an accounting statement of funds previously paid out as compared with the budget (not audited). The Cooperation organisation shall no later than Date each year submit a yearly report in two parts on the project operation during the preceding 12-month period (1 January-31 December) to the Swedish project organisation. The first part shall include descriptive report in which the results achieved shall be compared with targets and project plan. The reason for deviations, if any, from the project plan shall be explained and motivated. The second part shall contain a financial statement of cash funds received. The disposition of the statement shall be the same as that of the budget (appendix 1) and shall be signed by the auditor and the person authorised to sign for the Cooperation organisation.

Reporting and Accounting. 5.1. The Licensee shall prepare or cause to be prepared statements of account in the event that Net Revenue is generated in respect of the exercise of the BBC Store Rights. 5.2. Each such statement of account shall be prepared on a 6 (six) monthly basis and delivered to the Producer within 3 (three) months of the date to which it is made up (which may be delivered electronically by means of electronic mail or via a secure online application as technology allows) and shall be accompanied by a remittance in favour of the Producer of the amount shown in it as being due to the Producer provided that if the sums due to the Producer in any statement of account are less that £100 (one hundred pounds sterling) such sums shall be carried forward to the next accounting period. However, if the Producer contacts the Licensee after 2 years and requests payment of an accrued amount of less that £100 that has been held in roll over, then such sum shall be paid out to the Producer. For the avoidance of doubt, the Licensee is entitled to recoup from any Net Revenue payable to the Producer any element of unrecouped ‘participation fee’ paid to the Producer in accordance with the Commercial Model. 5.3. The Producer shall be entitled to appoint an independent auditor who shall upon giving the Licensee reasonable prior written notice thereof, during business hours only on agreed date(s) and not more than once in any calendar year be entitled to examine the records of account relating to exploitation of the BBC Store Rights. Such examination shall, unless otherwise agreed in writing by the Licensee, be at the expense of the Producer unless errors to the disadvantage of the producer exceeding 10% (ten per cent) of sums payable in the relevant period or £1,000 (one thousand pounds), whichever is the greater, shall be disclosed in which case the cost of such examination shall be paid by the Licensee. If no notice requiring such examination has been given to the Licensee within 24 (twenty four) months of receipt of any statement of account and if at the end of that period there is no other dispute relating to such statement the Producer shall be deemed to have agreed such statement and to have waived any claim in relation to it. The Licensee and the Producer and/or auditor shall, prior to the audit taking place, agree upon a set of guidelines as to how the audit shall be conducted (including the duration of the audit examination). The Producer shall procure that any auditor appointe...

Reporting and Accounting. 11.1 The Producer will keep proper books and records of accounts in which full, accurate and timely entries are made of all income and expenditure in respect of the Development Deliverables. These books and records of account must be available for inspection by NZ On Air on request. 11.2 The Producer will provide NZ On Air with a report on expenditure on the Development Deliverables within 60 days of delivery. 11.3 Any Underspend shall be shared in accordance with the Underspend Shares set out in the Key Terms. NZ On Air may deduct the amount of its Underspend Share from any outstanding payments in the Drawdown Schedule of NZ On Air Funding.

Reporting and Accounting. 4 (1) The Subgrantee shall provide Subproject narrative,financial and indicator reports in accordance with the Reporting Schedule and Requirements at Appendix C using templates provided by the Xxxxx Xxxxxx. 4 (2) Allfinancial reports should state how the Subgrant funds were spent against the Subgrant Budget at Appendix B and should include scanned copies of all invoices and receipts. These should be referenced according to guidelines which the Subgrantee will be provided by the Xxxxx Xxxxxx. The Subgrantee should retain all originals of invoices for the duration of three years after submission of the Final Project Report. 4 (3) Items spent against the Subgrant must be clearly identifiable within the Subgrantee’s accounts. 4

Reporting and Accounting. 5.1 Licensee agrees to keep proper records of scientific research and keep books of account in accordance with international financial reporting standards. Such records and books shall include all information necessary for the accurate determination of royalty and other payments to Salk. Following launch of Licensed Product, Licensee agrees to deliver to Salk, within [**] days after each calendar quarter, a report showing the information on which payments herein provided are calculated, including a breakdown of income from sales of each Licensed Product, and to accompany each such report with the payment shown to be due

Reporting and Accounting. Each Municipality receiving Transportation Surtax Proceeds shall deposit and maintain all Transportation Surtax Proceeds in a segregated fund or account, which shall be subject to audit by the County and the Oversight Board. Any interest earned by a Municipality on any Transportation Surtax Proceeds shall constitute Transportation Surtax Proceeds and may be utilized by the Municipality only in accordance with the terms of the applicable Surtax Funding Agreement. Upon prior written approval by the Contract Administrator, a Municipality may utilize other methods of separate accounting for the Transportation Surtax Proceeds provided the accounting method permits a full and complete audit of the funds.

Reporting and Accounting. 6-monthly and final scientific reports 3.1 Unless otherwise agreed in writing, or required by CP, the Organisation will report in writing to CP on the scientific, clinical and practical state of the Project: (i) during the life of the Project every six months following the Actual Project Start Date; and (ii) after the Actual Date of Project Completion, or termination of this Contract if sooner, as required by paragraph 3.4 below. The Organisation’s reports will include (a) a summary paragraph detailing the Project aims and progress using only non-confidential information as defined in paragraph 6.2 below, in terms appropriate for use on the CP website or any third parties and (b) a comprehensive report on progress to date, and especially in the preceding six months, including information on recruitment for and progress of clinical trials and/or all other research, Results (as defined in section 5.6 below) and Confidential Information (as defined in Section 6.2 below), all in CP’s standard format (a template for which format is available on request). CP shall have the right to share this comprehensive report with the specific members of CP’s Research Committee and others as it deems necessary under conditions of confidentiality at least equivalent to those placed upon CP under this Contract. 3.2 The Organisation will at all times maintain full and proper accounting statements, spreadsheets, books and other records (‘Records’) in relation to the Project in accordance with industry best practice, and will xxxxx XX or its representatives access to such Records at any time on request by CP.

Reporting and Accounting. The Organisation shall, in accordance with Article III above and the Embassy's reporting instructions provide the Embassy with written progress and financial reports on the implementation of the project activities. The final report on the implementation of the project activities, including a certified financial statement on the use of the contribution funds, shall be submitted to the Embassy within two months of the completion of the project activities financed by the Embassy. The Organisation is liable to an audit of the project activities supported by the Embassy, and to provide the Embassy with the audit report within two (2) months from the end of the project to be attached to the final reports. The audit shall fulfil the requirements of international accounting standards and principles. The expenses of the audit may be included in the project support financed by the Embassy. The Organisation shall permit the officials or designated representatives of the Embassy or the Government of Finland to carry out any inspection, audit or evaluation of the project activities and/or the use of the contribution funds as well as facilitate their participation in any similar missions or activities relating to the implementation of this Agreement.