Examples of Assessable Unit in a sentence
Such Owner shall pay for such fire and extended coverage insurance when required by the policy therefore, and if the Owner fails to obtain such fire and extended coverage insurance, or fails to pay such insurance premiums as required, the Residential Corporation may (but shall not be obligated to) obtain such insurance and/or make such payment for such Owner, and the cost of such payments shall thereupon become a Special Assessment on the Owner’s Assessable Unit.
However, the sale or transfer of any Assessable Unit pursuant to mortgage foreclosure or any proceeding in lieu thereof shall extinguish the lien of such past due assessments as to payments which become due prior to such sale or transfer.
DCMA AUMs and AUAs also have access to contribute their Assessable Unit documents to the site.
Sale or transfer of any Assessable Unit shall not affect the assessment lien.
Each Assessable Unit will produce an annual Internal Control Test Plan.
Assessable Unit Manager - A Head of Activity designated by the head of the reporting organization to provide leadership and support needed to ensure that internal controls are in place and operating effectively.
The contractor shall, in collaboration with USTRANSCOM, provide and document initial, refresher, and task-oriented ICP training, briefing an annual kickoff meeting NLT 31 December to all primary and alternate Assessable Unit Managers (AUMs), and within 30 calendar days of appointment of new personnel which meets the ICP requirement for training.The contractor will conduct staff assistance visits (SAVs) as needed, but at least annually with each directorate.
Serves as the Internal Control Administrator for the USCC MICP and the Assessable Unit Manager for the S-8.
This document has been prepared to fulfill the requirements prescribed by Activity 1.2.5 of the Reporting Entity FIAR Methodology and Activity 1.4.5 of the Service Provider FIAR Methodology, which specifically require reporting entities to prepare an Assessable Unit Prioritization and Audit Readiness Strategy Document.
Xxx: (000) 000-5000 To the Invxxxxx: Novartis Pharma AG Xxxxxstrasse 35 CH-4002 Basel Switzerland Xxxxxxxxx: Xxxxxx X.