SSAE 16 Review Sample Clauses

SSAE 16 Review. Marketer represents and warrants that it has policies and procedures with respect to its internal controls, including proper controls to maintain in compliance with applicable Security Standards, and shall provide CBKC a copy of a summary of such policies and procedures as requested. To the extent such policies and procedures are materially amended thereafter, Marketer will provide CBKC a copy of a summary of such amendment if such policy has, prior to the amendment, been requested by CBKC. On an annual basis during the Term, Marketer shall engage its independent appropriately qualified accountants to conduct a review of its internal controls related to each Program. The first review shall be a “Type I” review and each subsequent review shall be a “Type II” review, in each case conducted in accordance with the American Institute of Certified Public Accountants Statement on Standards of Attestation Agreements Number 16 (“SSAE 16”), the findings and recommendations of which shall be set forth in a report (the “SSAE 16 Review”). Marketer shall deliver a copy of the SSAE 16 Review to CBKC promptly upon completion of each SSAE 16 Review. If the SSAE 16 Review contains any recommendations, Marketer shall, at its sole cost and expense, promptly take all actions necessary to comply with such recommendations. If, at any time during the Term, CBKC has reasonable material concerns regarding the Marketer’s operational controls and such concerns are not addressed in the SSAE 16 Review and in Marketer’s response to any recommendations therein to CBKC’s reasonable satisfaction, CBKC shall so notify Marketer and the Parties shall promptly meet in an effort to resolve the stated concerns. If, after completion of the steps defined above, CBKC’s concerns are not addressed to CBKC’s reasonable satisfaction, CBKC may conduct its own audit of Marketer’s controls (i) at CBKC’s expense, (ii) upon thirty (30) days prior written notice, (iii) at a time mutually agreed between the Parties for a reasonable duration during regular business hours in such a manner as not to interfere with normal business activities of Marketer, (iv) with a mutually agreed upon scope, and (v) limited to reasonable requests for documentation related to the services covered in this Agreement. Marketer will contractually require its Mission Critical Third Parties to have policies and procedures that satisfies and is subject to the same obligations and requirements of Marketer pursuant to this Section. Marke...
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Related to SSAE 16 Review

  • Periodic Review The Compensation Committee or the Board of Directors of the Company shall review Executive's Base Salary and Benefits (as defined below) from time to time in accordance with the normal business practices of the Company. The Company may in its sole discretion increase the Base Salary during the Term. The amount of any increase combined with the previous year's Base Salary shall then constitute Executive's Base Salary for purposes of this Agreement.

  • Periodic Reviews During January of each year during the term hereof, the Board of Directors of the Company shall review Executive's Annual Salary, bonus, stock options, and additional benefits then being provided to Executive. Following each such review, the Company may in its discretion increase the Annual Salary, bonus, stock options, and benefits; however, the Company shall not decrease such items during the period Executive serves as an employee of the Company. Prior to November 30th of each year during the term hereof, the Board of Directors of the Company shall communicate in writing the results of such review to Executive.

  • Performance Review The Company will periodically review Executive’s performance on no less than an annual basis and will make adjustments to salary or other compensation, as they deem appropriate in their sole and absolute discretion.

  • Performance Reviews Performance reviews will be conducted at least annually by the President/CEO or designee.

  • Quarterly Review For a period commencing on the initial effective date of the Registration Statement and ending five years from the date of the consummation of the Business Combination or until such earlier time at which the Liquidation occurs or the Common Stock and Warrants cease to be publicly traded, the Company, at its expense, shall cause its regularly engaged independent registered public accounting firm to review (but not audit) the Company’s financial statements for each of the first three fiscal quarters prior to the announcement of quarterly financial information, the filing of the Company’s Form 10-Q quarterly report and the mailing, if any, of quarterly financial information to stockholders.

  • Compensation Review The compensation of the Executive will be reviewed not less frequently than annually by the board of directors of the Company.

  • Annual Audit The accounts of this FuturesAccess Fund shall be audited as of the close of each fiscal year by an independent public accounting firm (the “Accountant”) selected by the Sponsor and in accordance with the applicable Commodity Futures Trading Commission regulations. The Sponsor or its agents shall cause to be prepared and mailed to each Investor, including Investors who have redeemed all of their Units and withdrawn but who were Investors at any time during a fiscal year, audited financial statements and a report prepared by the Accountant, setting forth as of the end of such fiscal year:

  • Independent Review Each of the parties hereto has reviewed this Release with its own counsel and advisors.

  • Review Scope The parties confirm that the Asset Representations Review is not responsible for (a) reviewing the Receivables for compliance with the representations and warranties under the Transaction Documents, except as described in this Agreement or (b) determining whether noncompliance with the representations and warranties constitutes a breach of the Eligibility Representations. For the avoidance of doubt, the parties confirm that the review is not designed to determine why an Obligor is delinquent or the creditworthiness of the Obligor, either at the time of any Asset Review or at the time of origination of the related Receivable. Further, the Asset Review is not designed to establish cause, materiality or recourse for any Test Fail (as defined in Section 3.05).

  • Administrator Compliance Statement On or before ninety (90) days after the end of each fiscal year, commencing with the fiscal year ended March 31st immediately following the Closing Date, the Administrator shall deliver to the Issuer a statement of compliance addressed to the Issuer and signed by an authorized officer of the Administrator to the effect that (i) a review of the Administrator’s activities during the immediately preceding reporting year (or applicable portion thereof) and of its performance under this Agreement during such period has been made under such officer’s supervision, and (ii) to the best of such officer’s knowledge, based on such review, the Administrator has fulfilled all of its obligations under this Agreement in all material respects throughout such reporting year (or applicable portion thereof) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such officer and the nature and the status thereof. If the Administrator is the same party as the Servicer, such party’s compliance with Section 3.11(a) of the Sale and Servicing Agreement will satisfy the Administrator’s obligations set forth in this Section 1.21(b).

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