Reports and Compliance Sample Clauses
The "reports and compliance" clause requires a party to provide regular updates or documentation demonstrating adherence to specific contractual obligations or regulatory requirements. Typically, this involves submitting periodic reports, certifications, or other evidence to confirm that the party is meeting agreed standards, such as financial disclosures, progress updates, or compliance with laws. This clause ensures transparency and accountability, helping the other party monitor performance and address any issues of non-compliance promptly.
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Reports and Compliance. Advisor shall promptly furnish to or place at the disposal of the Company, as appropriate, such information, reports, evaluations, analysis, and opinions as the Company may, at any time or from time to time, reasonably request. Additionally, Advisor shall furnish such information, reports and evaluations as the Company may from time to time reasonably request which may be necessary or appropriate in order to enable the Company to maintain oversight over the Investment Portfolios and assure compliance with the Investment Guidelines.
Reports and Compliance. In addition to information and reports required elsewhere in this Agreement, during the Term, ATI shall, [***] after the Effective Date and each [***] period thereafter, provide Rigel with a written report summarizing in reasonable detail, on a country-by-country basis, ATI’s, its Affiliates’ and Sublicensees’ activities and progress related to the Development of Products in the Field, including the major activities performed by ATI during such [***] period, conduct of non-clinical activities and clinical trials, information regarding the status of Regulatory Approvals and any future planned activities. Rigel shall have the opportunity to reasonably seek further explanation or clarification of matters covered in such reports, and ATI shall in good faith endeavor to provide such explanation or clarification as may be requested by Rigel.
Reports and Compliance. The Sub-Adviser shall furnish to the Board or the Investment Adviser, or both, as appropriate, such information, reports, evaluations, analyses and opinions as the Sub-Adviser and the Board or the Investment Adviser, as appropriate, may mutually agree upon from time to time. Such reports generally are expected to be required on a quarterly basis, with the exception of the compliance questionnaire, which will be required monthly. Investment Adviser shall perform quarterly and annual tax compliance tests and promptly furnish reports of such tests to the Sub-Adviser after each quarter end to ensure that each Portfolio is in compliance with Subchapter M and Section 817(h) of the Internal Revenue Code of 1986, as amended (the "Code"). The Investment Adviser shall apprise the Sub-Adviser promptly after each quarter end of any potential non-compliance with the diversification requirements in such Code provisions. If so advised, the Sub-Adviser shall take prompt action so that the Portfolio complies with such Code diversification provisions, as directed by Investment Adviser. Investment Adviser also shall ensure that the Portfolio meets the distribution requirements of Code Sections 852(a) and 4982, and shall inform the Sub-Adviser of any potential non-compliance with these Sections. The Investment Adviser will file the appropriate forms with the Internal Revenue Service when setting up trading accounts for the Portfolio.