The Audit Sample Clauses

The Audit. The ACI will assign audits to the Auditor based on the demand and availability of the Auditor. The ACI will determine if the Auditor acts as lead Auditor or Co-Auditor for a certain audit. Before assignment the ACI will check the availability of the Auditor.
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The Audit. Not more than once annually, and upon not less than fifteen --------- (15) days written notice to the other party, LCI shall have the right to engage a certified public accounting firm or such other assistance, other than the assistance of a direct competitor of DIGEX, as it deems desirable to conduct an audit of all books and records of DIGEX directly related to the status of LCI as a Most Favored Customer hereunder. LCI may cause any person or firm retained for this purpose to execute a non-disclosure agreement in favor of DIGEX. Such audit shall be conducted during regular business hours at the offices of the audited Party where such books and records are regularly maintained and shall be paid for by LCI.
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The Audit. 12.1. The Contractors shall authorize Stone to take appropriate measures to ensure proper compliance with the Agreement, including the following: (i) To allow access to Stone’s internal and external auditors, during the term of the Agreement and for a period of three years after the final payment under the Contract, to all relevant books, documents, papers and records of the Contractors and involving the transactions covered by the Agreement. All expenses and costs incurred in carrying out audits shall be borne by Xxxxx. The Contractors must cooperate with Xxxxx, providing the requested information, within reasonable limits. (ii) The Contractors shall make available the information and documents necessary for carrying out an audit and/or audit work, with a scope limited to the transactions related to the subject matter of this Agreement. The Parties may, at their discretion, appoint a representative to follow up the audit work. (iii) Information arising out of the audit work performed in the manner set forth above shall be kept confidential by the Contractors, including upon termination of this Agreement, and the disclosure of such information shall be subject to Xxxxx’x prior written consent. (iv) Any information and/or document for the purpose of verifying compliance with the provisions of Clause 9 above.
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The Audit. The accountants shall deliver a copy of their findings to each of the Parties within [*] Business Days of the completion of the review, and, in the absence of fraud or manifest error, the findings of such accountant shall be final and binding on each of the Parties. Any underpayments by a Party shall be paid to the other Party within [*] Business Days of notification of the results of such inspection. Any overpayments made by a Party shall be refunded to the other Party within [*] Business Days of notification of the results of such inspection. The cost of the accountants shall be the responsibility of [*] unless the accountants’ calculation shows that [*].
Sample 1
The Audit. Not more than once annually, and upon not less than: thirty --------- (30) business days written notice to the other Party, WINSTAR shall have the right to engage a certified public accounting firm or such other assistance, other than the assistance of a direct competitor, as it deems desirable to conduct an audit of all books and records of DIGEX directly related to the status of WINSTAR as a Most Favored Nation hereunder. WINSTAR may cause any person or firm retained for this purpose to execute a non-disclosure agreement in favor of the other Party. Such audit shall be conducted during regular business hours at the office of the audited Party where such books and records are regularly maintained and shall be paid for by the requesting Party, provided however that if there is a material discrepancy (more than 10%) the audited party shall pay reasonable fees.
Sample 1
The Audit. The company will have a financial auditor and an internal auditor, who will develop their activity according to the legal provisions applicable and the contracts which will be concluded in this respect. The Financial Auditor is SC JPA AUDIT & CONSULTANTA SRL with headquarters in Bucharest, , legally represented by misses Xxxxxx Xxxxxxxx, Manager. The internal audit will be assured by misses Baltateanu Xxxxx Xxxxxxxxxx – Romanian citizen, born on .1956, in the locality , with the residence in
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Related to The Audit

  • SAO AUDIT A. The state auditor may conduct an audit or investigation of any entity receiving funds from the state directly under the Contract or indirectly through a subcontract under the Contract. The acceptance of funds directly under the Contract or indirectly through a subcontract under the Contract acts as acceptance of the authority of the state auditor, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. Under the direction of the legislative audit committee, an entity that is the subject of an audit or investigation by the state auditor must provide the state auditor with access to any information the state auditor considers relevant to the investigation or audit. B. Grantee shall comply with any rules and procedures of the state auditor in the implementation and enforcement of Section 2262.154 of the Texas Government Code.

  • Audit Notwithstanding any other audit requirement, H-GAC reserves the right to conduct or cause to be conducted an independent audit of any transaction under this Agreement, such audit may be performed by the H-GAC local government audit staff, a certified public accountant firm, or other auditors designated by H-GAC and will be conducted in accordance with applicable professional standards and practices. The Contractor understands and agrees that the Contractor shall be liable to the H-GAC for any findings that result in monetary obligations to H-GAC.

  • Annual Audit If Subrecipient expends Federal funds in a fiscal year which equal or exceed $750,000 (seven hundred fifty thousand dollars) as specified in OMB Circular A-133-Revised, 2 CFR Part 200.500- Subpart F-Audit Requirements Subrecipient shall cause an audit to be prepared by a Certified Public Accountant (CPA) who is a member in good standing with the American Institute of Certified Public Accountants (AICPA) of the California Society of CPA’s. The audit must be performed annually in accordance with Generally Accepted Auditing Standards (GAAS) authorized by the AICPA and Federal laws and regulations governing the programs in which it participates. Furthermore, County retains the authority to require Subrecipient to submit similarly prepared audit at Subrecipient’s expense even in instances when Subrecipient’s expenditure is less than $750,000. Subrecipient will be required to identify corrective action taken in response to any findings identified by CPA related to their funded activity or program. Subrecipient will ensure an annual financial audit is performed in compliance with the Federal Single Audit Act and will submit two (2) copies of such audit report, including a copy of the management letter, to County within six (6) months of the end of each Contract year in which Subrecipient has received federal funding (i.e., July 1 – June 30). Failure to meet this requirement may result in County denying reimbursement of funds to Subrecipient, as well as future funding qualification. Subrecipients, which are exempt from statutory audit requirements, shall maintain records, which are available for review by County or Federal officials. Subrecipient acknowledges that any and all “Financial Statements” submitted to County pursuant to this County become Public Records and are subject to public inspection pursuant to Sec. 6250 et seq. of the California Government.

  • Independent Audit The Grantee shall submit, in a format specified by the department, the independent financial compliance audit prepared by an independent Certified Public Accountant for the previous fiscal year. The audit shall follow the General Grant Requirements of Sections VIII (F) and (G) and be submitted no later than March 1 of the current fiscal year.

  • Independent Auditor If: (a) the Provider is the Distributor and, acting reasonably, gives notice that the Records contain information about other industry participants that cannot reasonably be severed from the information relating to the Trader or that the information is commercially sensitive; or (b) the provider is the Trader and, acting reasonably, gives notice that the Records contain information about other industry participants that cannot reasonably be severed from information relating to the Distributor or that the information is commercially sensitive, then the Distributor or the Trader, as appropriate, will permit an independent auditor (the “Auditor”) appointed by the other party to review the Records and the other party will not itself directly review any of the Records. The Distributor or the Trader, as appropriate, will not unreasonably object to the Auditor appointed by the other party. In the event that the Distributor or the Trader, as appropriate, reasonably objects to the identity of the Auditor, the parties will request the President of the New Zealand Law Society (or a nominee) to appoint a person to act as the Auditor. The party that is permitted by this clause 31.5 to appoint an Auditor will pay the Auditor’s costs, unless the Auditor discovers a material inaccuracy in the Records in which case the other party will pay the Auditor’s costs. The terms of appointment of the Auditor will require the Auditor to keep the Records confidential.

  • Single Audit Subrecipient must be audited as required by 2 CFR part 200, subpart F when it is expected that Subrecipient's Federal awards expended during the respective fiscal year equaled or exceeded the threshold set forth in §200.501 Audit requirements.

  • Financial Audit The School shall submit audited financial statements from an independent auditor to the Authorizer no later than November 1 of each year.

  • Annual Audits Each fiscal year, the School shall provide for an independent annual financial audit conducted in accordance with Generally Accepted Auditing Standards and Governmental Auditing Standards and performed by a certified public accountant (CPA); provided the Commission may establish an alternative reporting requirement in accordance with State law. The Commission shall provide the guidelines and/or scope of the audit or alternative report and may require minimum CPA qualifications or that the School select from a list of qualified CPAs as provided by the Commission. The School shall provide the completed audit or alternative report to the Commission by November 15 after the conclusion of the fiscal year; provided that the Commission, with reasonable notice to the School, may change the deadline depending on circumstances. The School shall pay for the audit or alternative report if an appropriation is not made by the Legislature for such purpose.

  • Compliance Audit LEA shall have the right but shall be under no obligation to conduct audit(s), from time to time, of Provider’s records concerning its compliance obligations as set forth in this Article V. Provider shall make such records and other documents available to LEA upon request.

  • Final Audit The Commission will perform a final audit of project costs. The United States Government shall reimburse the City, through the Commission, any monies due. The City shall refund any overpayments as determined by the final audit.