Common use of Special Reports of Deficiencies or Violations Clause in Contracts

Special Reports of Deficiencies or Violations. Concentra will report in reasonable detail to Select the following events or circumstances promptly after any executive officer of Concentra or any member of the board of directors of Concentra becomes aware of such matter: (i) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect Concentra’s ability to record, process, summarize and report financial information, (ii) any fraud, whether or not material, that involves management or other employees who have a significant role in Concentra’s internal controls over financial reporting, (iii) any illegal act within the meaning of Section 10A(b) and (f) of the Exchange Act, (iv) any report of a material violation of Law that an attorney representing any member of the Concentra Group has formally made to any officers or directors of Concentra pursuant to the SEC’s attorney conduct rules and (v) the occurrence of any event following a reporting period that would reasonably be expected to be required by GAAP to be disclosed as a subsequent event in the consolidated financial statements of Select or Concentra.

Appears in 3 contracts

Samples: Separation Agreement (Concentra Group Holdings Parent, Inc.), Separation Agreement (Select Medical Holdings Corp), Separation Agreement (Concentra Group Holdings Parent, Inc.)

AutoNDA by SimpleDocs

Special Reports of Deficiencies or Violations. Concentra Centuri will report in reasonable detail to Select Southwest the following events or circumstances promptly after any executive officer of Concentra Centuri or any member of the board of directors of Concentra Centuri becomes aware of such matter: (i) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect ConcentraCenturi’s ability to record, process, summarize and report financial information, (ii) any fraud, whether or not material, that involves management or other employees who have a significant role in ConcentraCenturi’s internal controls over financial reporting, (iii) any illegal act within the meaning of Section 10A(b) and (f) of the Exchange Act, (iv) any report of a material violation of Law that an attorney representing any member of the Concentra Centuri Group has formally made to any officers or directors of Concentra Centuri pursuant to the SEC’s attorney conduct rules and (v) the occurrence of any event following a reporting period that would reasonably be expected to be required by GAAP to be disclosed as a subsequent event in the consolidated financial statements of Select Southwest or ConcentraCenturi.

Appears in 2 contracts

Samples: Separation Agreement (Southwest Gas Holdings, Inc.), Separation Agreement (Centuri Holdings, Inc.)

AutoNDA by SimpleDocs

Special Reports of Deficiencies or Violations. Concentra Centuri will report in reasonable detail to Select Southwest the following events or circumstances promptly after any executive officer of Concentra Centuri or any member of the board of directors of Concentra Centuri Board becomes aware of such matter: (i) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect ConcentraCenturi’s ability to record, process, summarize and report financial information, ; (ii) any fraud, whether or not material, that involves management or other employees who have a significant role in ConcentraCenturi’s internal controls over financial reporting, ; (iii) any illegal act within the meaning of Section 10A(b) and (f) of the Exchange Act, ; (iv) any report of a material violation of Law that an attorney representing any member of the Concentra Centuri Group has formally made to any officers or directors of Concentra Centuri pursuant to the SEC’s attorney conduct rules rules; and (v) the occurrence of any event following a reporting period that would reasonably be expected to be required by GAAP to be disclosed as a subsequent event in the consolidated financial statements of Select Southwest or ConcentraCenturi.

Appears in 1 contract

Samples: Separation Agreement (Centuri Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.