ULTIMATE ACCOUNTABILITIES Sample Clauses

ULTIMATE ACCOUNTABILITIES. 8.1 Each Party acknowledges that the other Party has certain obligations, accountabilities and/or responsibilities in respect of its Ultimate Accountabilities and, so far as it is reasonably able to do so, each Party shall act and shall procure that its Affiliates and its Authorised Representatives act in a manner designed to enable both Parties to discharge their respective Ultimate Accountabilities. 8.2 Each Party shall remain ultimately responsible and accountable for its own Ultimate Accountabilities. 8.3 Notwithstanding the delegation by a Party of any authority in relation to the management of any Ultimate Accountabilities to its Authorised Representative, each Party shall retain oversight and final and ultimate decision making authority in relation to its Ultimate Accountabilities within the operation and management of the Alliance, including the right to overrule any decision taken by the Alliance Board in relation to its Ultimate Accountabilities. 8.4 Where a Party is of the opinion (in its sole discretion) that any of its Ultimate Accountabilities are not being properly discharged, that Party shall be entitled to intervene in the management of such Ultimate Accountabilities and direct the further management and conduct in relation to those Ultimate Accountabilities or otherwise take such action it deems necessary or desirable (in its sole discretion) to discharge its Ultimate Accountabilities as it sees fit. 8.5 If a Party requires the Alliance Board to take any action, carry out any task or perform a particular function in the discharge of that Party’s Ultimate Accountabilities including without limitation the removal of a member of the executive committee (an “Ultimate Accountability Direction”) it shall notify the Alliance Board accordingly and the Parties shall procure that the Alliance Board shall comply with such Ultimate Accountability Direction; 8.6 In the event of a dispute arising following the service of an Ultimate Accountability Direction regarding whether a matter forms part of a Party’s Ultimate Accountabilities or as to the reasonableness of the steps (including where relevant the cost) required by a Party in that Ultimate Accountability Direction, the Party that issues the Ultimate Accountability Direction shall nevertheless and notwithstanding any provision to the contrary in this Agreement, be entitled to procure that the matter is discharged in accordance with its Ultimate Accountabilities as it sees fit.
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Related to ULTIMATE ACCOUNTABILITIES

  • Accountability Actuaries and external auditors will be appointed by the Trust. Audited financial statements, and an actuarial evaluation report will be obtained for the Trust on an annual basis. The actuarial report will include projections for the Trust for a period of not less than 3 years into the future.

  • Service Accountability Agreements The HSP acknowledges that if the LHIN and the HSP enter into negotiations for a subsequent service accountability agreement, subsequent funding may be interrupted if the next service accountability agreement is not executed on or before the expiration date of this Agreement.

  • A Service Accountability Agreement This Agreement is a service accountability agreement for the purposes of the Enabling Legislation.

  • Health Care Accountability Ordinance If Administrative Code Chapter 12Q applies to this contract, Contractor shall comply with the requirements of Chapter 12Q. For each Covered Employee, Contractor shall provide the appropriate health benefit set forth in Section 12Q.3 of the HCAO. If Contractor chooses to offer the health plan option, such health plan shall meet the minimum standards set forth by the San Francisco Health Commission. Information about and the text of the Chapter 12Q, as well as the Health Commission’s minimum standards, is available on the web at xxxx://xxxxx.xxx/olse/hcao. Contractor is subject to the enforcement and penalty provisions in Chapter 12Q. Any Subcontract entered into by Contractor shall require any Subcontractor with 20 or more employees to comply with the requirements of the HCAO and shall contain contractual obligations substantially the same as those set forth in this Section.

  • Health Insurance Portability and Accountability Act Grantee certifies that it is in compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), Public Law Xx. 000-000, 00 XXX Parts 160, 162 and 164, and the Social Security Act, 42 USC 1320d-2 through 1320d-7, in that it may not use or disclose protected health information other than as permitted or required by law and agrees to use appropriate safeguards to prevent use or disclosure of the protected health information. Grantee shall maintain, for a minimum of six (6) years, all protected health information.

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