Compliance Master definition

Compliance Master. Automated Compliance System ("CRD"). a system provided to the Administrator by an unaffiliated third party vendor. Changes to such objectives, policies and restrictions will be monitored as agreed in writing between the parties. The Administrator shall only perform post net asset value compliance monitoring. Each Fund shall remain ultimately responsible for ensuring compliance with its investment restrictions and policies and that assistance provided by the Administration in monitoring investment restrictions and policies shall not be deemed to be a delegation of this responsibility to the Administrator. In the event that the Administrator detects a possible non-compliance with the investment restrictions and policies applicable to a Fund, it shall promptly notify the Fund's Chief Compliance Officer thereof. In the event that the Adviser or any officers, employee or agent of the Fund detects a possible non-compliance with the investment restrictions and policies applicable to the Fund, it shall promptly notify the Administrator.
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Examples of Compliance Master in a sentence

  • However, if the Compliance Master concludes that Novartis is in compliance with Section VII of this Agreement, Class Counsel may file objections to that conclusion with the Court pursuant to Rule 53 no later than twenty (20) days after a copy of the conclusion is served on Class Counsel.

  • If at that time the Compliance Master does not believe that Novartis is in compliance with Section VII of this Agreement or is not satisfied that Novartis has promptly corrected any specific items of noncompliance, he or she shall make a recommendation to the Court concerning the possible extension of all or some of Novartis’s obligations under Section VII of this Agreement.

  • Prior to receiving the Parties’ first annual report, the Compliance Master shall execute a confidentiality agreement limited by the restriction in the preceding sentence.

  • This supplemental report shall be provided to the Compliance Master on a timeline to be set by the Compliance Master at the time any instance of noncompliance is identified.

  • Within thirty (30) calendar days of the submission of each annual report, Novartis and Class Counsel will jointly submit to the Compliance Master Novartis's annual report (including attachments), as well as either a joint statement that the Parties agree that Novartis has complied with Section VII of this Agreement, or a statement by Class Counsel identifying areas of Novartis's alleged noncompliance with Section VII of this Agreement and an accompanying response by Novartis.

  • The Compliance Master shall then either conclude that Novartis is in compliance or that it is not.

  • The Parties will respond in writing to any such inquiries within thirty (30) days of the date of the mailing of the written inquiries, and the Compliance Master shall then, within thirty (30) days of receipt of the Parties’ written response, conclude in writing either that Novartis is in compliance with Section VII of this Agreement or inform the Parties of any specific item or items as to which Novartis is not in compliance.

  • In the event the Tenant moves out prior to the end of the Agreement, or is evicted due to a violation of this Agreement, Tenant agrees to reimburse Landlord for all costs incurred as a result of such breach.

  • Master File inspections add a further level of review of the source’s ERMS Compliance Master File to make sure all recordkeeping, HAP information, and other ERMS-related items are being properly maintained.

  • The primary goal of the Water Quality Compliance Master Plan for Urban Runoff is to help meet water quality regulations.

Related to Compliance Master

  • Compliance Review means an inspection of the home, grounds, and files to determine compliance with these regulations.

  • Compliance Plan means the compliance obligations, program, and procedures described in this Consent Decree at paragraph 13.

  • Compliance schedule means a schedule of events, by date, which will result in compliance with these regulations.

  • Compliance agreement means a written agreement between a person and the Commissioner to achieve compliance with this quarantine.

  • Trading Compliance Policy means the written policy of the Company pertaining to the purchase, sale, transfer or other disposition of the Company’s equity securities by Directors, Officers, Employees or other service providers who may possess material, nonpublic information regarding the Company or its securities.

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Compliance Order means an order issued by the Code Enforcement Officer pursuant to subdivision (a) of section 15 of this local law.

  • Material Compliance Matter has the same meaning as the term defined in Rule 38a-1, and includes any compliance matter that involves: (1) a violation of the federal securities laws by Distributor (or its officers, directors, employees, or agents); (2) a violation of Distributor's Rule 38a-1 policies and procedures; or (3) a weakness in the design or implementation of Distributor's Rule 38a-1 policies and procedures.

  • Compliance Report means, as applicable in relation to the test being conducted, a report containing the results of the Compliance Tests carried out by State Street.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);

  • Compliance Officer means Company Secretary or such other senior officer, who is financially literate and is capable of appreciating requirements for legal and regulatory compliance under these regulations designated so and reporting to the Board of Directors and who shall be responsible for compliance of policies, procedures, maintenance of records, monitoring adherence to the rules for the preservation of unpublished price sensitive information, monitoring of trades and the implementation of the codes specified in these regulations under the overall supervision of the Board of Directors of the Company.

  • Compliance Program means the program established by CNYCC to prevent, detect, and address compliance issues that arise with respect to PPS operations, projects or activities.

  • Compliance Date means, in each case, the date by which compliance is required under the referenced provision of ARRA’s or HIPAA’s implementing regulations, as applicable.

  • Compliance Forester means the DNR staff person(s) identified in the Pre-Work Conference who perform the compliance inspections, approve Work, recommend payment to the Contract Manager, and manage the Work Schedule.

  • Compliance Declaration means a compliance declaration substantially in the form set out in Schedule F;

  • Safety compliance facility means a licensee that is a commercial entity that receives marihuana from a marihuana facility or registered primary caregiver, tests it for contaminants and for tetrahydrocannabinol and other cannabinoids, returns the test results, and may return the marihuana to the marihuana facility.

  • Compliance Department means the Chief Compliance Officer of Federated and those other individuals designated by him or her as responsible for implementing this Code and the Associated Procedures.

  • compliance notice means a notice served in accordance with regulation 21(2); “conformity assessment procedure” means any procedure referred to in regulation 6;

  • Compliance year means the calendar year beginning with June 1 and ending with May 31 of the following year, for which a Retail Electricity Supplier must demonstrate that it has met the requirements of this Regulation.

  • Labor compliance agreement means an agreement entered into between a contractor or subcontractor and an enforcement agency to address appropriate remedial measures, compliance assistance, steps to resolve issues to increase compliance with the labor laws, or other related matters.

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Statement of Compliance means the statement forming part of a Tender indicating the Bidders compliance with the Specification.

  • Assessment of Compliance As defined in Section 3.21.

  • Covenant Compliance Worksheet means a fully completed worksheet in the form of Attachment A to Exhibit C.

  • Compliance Costs means all expenses, commitments or obligations in excess of one million dollars ($1,000,000) incurred by Carrier or required to be incurred by Carrier to comply with a Change in Law, irrespective of whether such expenses, commitments or obligations are to be incurred as a one-time expenditure or periodically for an extended period.