Fee Audit definition

Fee Audit has the meaning set forth in Section 26.
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Fee Audit has the meaning ascribed to such term in Section 9.3.
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Examples of Fee Audit in a sentence

  • Further, common expenses of the Mutual Fund, such as Trustee Fee, Audit Fee etc, shall be borne by each of the Scheme (s) of the Mutual Fund, in operation from time to time, pro rata on the net asset (s) of the Scheme(s) and proportionate to the period of operation of the Scheme(s).

  • The REIT may conduct the Fee Audit by using its own internal auditors or by employing independent auditors no more than once per year.

  • If any Fee Audit conducted by or on behalf of REIT reveals a discrepancy in excess of ten percent (10%), and greater than $10,000, for the aggregate fees and expense reimbursements payable during the period under audit pursuant to the Fee Audit, PECO shall be responsible for the reasonable expenses of such audit.

  • If any Fee Audit conducted by or on behalf of REIT reveals a discrepancy in excess of ten percent (10%), and greater than $10,000, for the aggregate fees and expense reimbursements payable during the period under audit pursuant to the Fee Audit, Property Manager shall be responsible for the reasonable expenses of such audit.

  • Institute corrective actions on the product, if appropriate7.1 Evaluate Audit and Test Reports If complied, prepare PS License If test results failed, recommend to client to undertake corrective action and/orrequest for re- testingNone 7 working hours CLIENT STEPSAGENCY ACTIONS Size of business establishment in terms of assetsApplication FeeQuality Manual ReviewAudit Fee*Testing FeeOriginal License Fee* Audit conducted by BPS or DTI RO/PO is charged according to the audit fees indicated in this table.

  • REIT may conduct the Fee Audit by using its own internal auditors or by employing independent auditors.

  • The Student Fee Audit Committee shall oversee the levying and expenditure of all student fee dollars and shall be the supervising committee of the Student Activity Fund Office.

  • The Carolina Union Board of Directors, Student Fee Audit Committee, Student Legal Services Board of Directors, Campus Recreation Board, and Student Library Advisory Board shall contain a number of graduate and professional students in proportion to the number of graduate and professional students in the Student Body, to be appointed in the manner prescribed by law in the Student Code.

  • LPS agrees to cooperate fully with the Fee Auditor in preparation of the Fee Audit Report (as defined below) and deliver any requested information to the Fee Auditor which LPS would otherwise be required to furnish to FNF pursuant to Section 14.1 hereof at FNF’s sole expense.

  • In no event shall LPS’s liability for the cost of the Fee Audit exceed reasonable and customary charges for such audits.

Related to Fee Audit

  • Performance audit means an objective and systematic assessment of a state agency or agencies or any of their programs, functions, or activities by the state auditor or designee in order to help improve agency efficiency, effectiveness, and accountability. Performance audits include economy and efficiency audits and program audits.

  • Independent Auditor has the meaning specified in Section 6.01(a).

  • Approved Auditor means a person who is:

  • Initial Audit is Bank’s inspection of Borrower’s Accounts, the Collateral, and Borrower’s Books, with results satisfactory to Bank in its sole and absolute discretion.

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Energy audit means a systematic procedure with the purpose of obtaining adequate knowledge of the existing energy consumption profile of a building or group of buildings, an industrial or commercial operation or installation or a private or public service, identifying and quantifying cost-effective energy savings opportunities, and reporting the findings;

  • non-audit services means services other than audit services.

  • the Auditors means the auditors from time to time of the company or, in the case of joint auditors, any one of them;

  • 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);

  • Audit means the examination of a person or the inspection of the books, records, memoranda, or accounts of a person, ordered to appear before the Tax Administrator, for the purpose of determining liability for a municipal income tax.

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Accountants’ Report means the report of a firm of nationally recognized Independent Accountants described in Section 4.11.

  • Neutral Auditor means Ernst & Young or, if Ernst & Young is unable to serve, an impartial nationally recognized firm of independent certified public accountants other than Seller’s accountants or Purchaser’s accountants, mutually agreed to by Purchaser and Seller.

  • conformity assessment body means a body that performs conformity assessment activities including calibration, testing, certification and inspection;

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Independent educational evaluation means an evaluation conducted by a qualified examiner who is not employed by the public agency responsible for the education of the child in question.

  • Base Management Fee means the base management fee, calculated and payable quarterly in arrears, in an amount equal to one-fourth of 1.50% of the Company’s Equity.

  • cost accountant means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act;

  • Project Management Report means each report prepared in accordance with Section 4.02 of this Agreement;

  • Independent Accounting Firm has the meaning set forth in Section 2.05(c).

  • Audit Committee Financial Expert means a person who has the following attributes:

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Inspection Fee means a fee payable to Lender or Loan Servicer for performing any inspection required by this Agreement in an amount not to exceed $500.00 per inspection.

  • Audit-Related Fees means the aggregate fees billed in each of the last two fiscal years for assurance and related services by the issuer's external auditor that are reasonably related to the performance of the audit or review of the issuer's financial statements and are not reported under "Audit Fees" above.

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).