Due Diligence Audit definition

Due Diligence Audit shall have the meaning assigned to such term in Section 5.01(f) hereof or Section 6.01(e) of the Purchase and Sale Agreement, as applicable.
Due Diligence Audit means each audit conducted by the Administrative Agent pursuant to Section 2.01(f) of the Receivables Purchase Agreement.
Due Diligence Audit has the meaning assigned to such term in Section 5.01(g).

Examples of Due Diligence Audit in a sentence

  • The Sponsor shall conduct an Environmental Due Diligence Audit (EDDA) of all NAVAID (electronic navigational equipment) sites that will be established or relocated with federal (block grant) funds.

  • In addition, the Master Servicer shall be required to reimburse the Administrative Agent and the Facility Agents for reasonable and documented fees, costs and expenses in connection with an additional Due Diligence Audit reasonably requested by the Administrative Agent or the Majority Facility Agents following any material change in the servicing software, systems or procedures or in the Credit and Collection Policy of any Seller Party.

  • Successful clean closure will be expected to be achieved when it can be demonstrated through an Environmental Due Diligence Audit that there are no remaining environmental liabilities at the site.

  • In connection with a Due Diligence Audit, the Borrower shall permit the Administrative Agent, any Facility Agent or their respective agents or representatives (which may also render other services to any Xxxxxxxx Party or any of their Affiliates) to review periodic Monthly Reports to verify amounts reported to underlying accounting records.

  • However, the Lender may not receive or demand from the realtor, builder, Property Seller, or Borrower(s):• Kickbacks• Commissions• Other compensation 1.06 Minnesota Housing Due Diligence Audit Guidelines and RequirementsThe Lender is required to keep on file a complete copy of documents for each loan originated for purchase by U.S. Bank – HFA Division.

  • L-1 Appendix M Pre-Environmental Due Diligence Audit Questionnaire....................................

  • He renders Legal Advice and Consulting in the areas of Labour Laws, Human Resource Management, Employment Contracts, HR/ Labour Law Compliances, Due Diligence Audit, Liability Audits, Gender Sensitivity Issues under Sexual Harassment Act.

  • This practical work introduces readers to the large context of environmental issues associated with real property transfers and sets forth guidelines for conducting an Environmental Due Diligence Audit (EDDA), providing baseline instructions for acquiring, leasing, transferring, or terminating interest in any real property.

  • Each Due Diligence Audit shall be conducted in accordance with agreed upon procedures prepared by the Administrative Agent and the NZ Manager that are reasonably satisfactory to each Facility Agent, and the results thereof shall be reported to the Administrative Agent (on behalf of each Facility Agent) in a Draft Agreed Upon Procedures Report.

  • This document summarizes the requirements and process for evaluating potential liability from environmental contamination, and will introduce readers to the larger context of environmental issues associated with real property transfers.The process of evaluating proposed transfer properties for potential environmental contamination and liability is referred to in this document as the Environmental Due Diligence Audit (EDDA) process.


More Definitions of Due Diligence Audit

Due Diligence Audit means the legal, technical, financial and tax due diligence audits conducted by the Subscribers on the Subscription Shares and the Company and the ownership thereof.
Due Diligence Audit means the process whereby the Service Provider works with its third party supplier of labour to prevent exploitation of workers and manage the risk of slavery and human trafficking by using the Labour Supply Chain Due Diligence Checklist available for download from the Stronger Together website.

Related to Due Diligence Audit

  • Due Diligence Review means the performance by Buyer of any or all of the reviews permitted under Section 44 hereof with respect to any or all of the Loans or Seller or related parties, as desired by Buyer from time to time.

  • Due Diligence Period has the meaning set forth in Section 4.1.

  • Customer Due Diligence (CDD) means a process which involves establishing the identity of a client, the identity of the client’s beneficial owners in respect of legal persons and monitoring all transactions of the client against the client’s profile;

  • Inspection Period means the period beginning on the Effective Date and expiring at 5:00 p.m. eastern time on the forty-fifth day of the Effective Date.

  • Environmental Consultant has the meaning set forth in Section 5.17(a).

  • Environmental Reports means each and every “Phase I Environmental Site Assessment” (and, if applicable, “Phase II Environment Site Assessment”) as referred to in the ASTM Standards on Environmental Site Assessments for Commercial Real Estate, E 1527-2000 and an asbestos survey, with respect to each Mortgaged Property, prepared by one or more Environmental Auditors and delivered to Lender and any amendments or supplements thereto delivered to Lender.