Required Audits definition

Required Audits has the meaning assigned to such term in Section --------------- 4.10(a).
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Required Audits. With respect to each Series of Class A Certificates, the requirements set forth in the applicable Supplement.
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Examples of Required Audits in a sentence

  • Other Required Audits – Some special grants and other funding sources have certain audit requirements that must be satisfied.

  • The Transferor shall cause the Servicer to perform the Required Audits on a timely basis.

  • Reporting requirements include those found in the applicable statute, regulation, order, and/or permit. Failure to Perform Required Audits: Add $1,950 to base amount in Worksheet.

  • Reporting requirements include those found in the applicable statute, regulation, order, and/or permit.Failure to Perform Required Audits: Add $1,950 to base amount in Worksheet.

  • Discussion/Motion if needed.• White Creek Bridge Required Audits- Request authorization to have Bonadio complete the first two of three; $12,500 for Single Audit that is required when using Federal Funds and $2,500 for a Regular External Audit to go with the Single Audit.

  • The Servicer shall cause the Independent Accountants to perform all Required Audits on a timely basis and report the results of such audits to MBIA and the Rating Agencies.

  • Accordingly, Internal Auditing will monitor the results from the following activities and recommend corrective actions to the Chancellor, presidents, or the Board of Trustees, as warranted.Other Required Audits – Some special grants and other funding sources have certain audit requirements that must be satisfied.

  • As a result of Condition Report CR-HQN-2011-0732, Entergy established a stand-alone ISFSI inspection requirement as Audit 20 in Attachment 9.2 “List of Required Audits for Operating Plants” to Procedure EN-QV-109 “Audit Process,” Revision 21.

  • Scott advised that six Consent Agenda items were being presented for the Board’s approval, which included report AC-011 MOHLTC Required Audits moved from decision items: It was moved by Scott Maki and seconded by Terry Shields that Report AC-011 MOHLTC Required Audits be moved into the Consent Agenda.

  • The findings are described in the following four sections:• 4.4.2.1 Develop Audit Processes and Solicit Industry Input;• 4.4.2.2 Identify and Share Best Practices Identified During Audits;• 4.4.2.3 Perform Required Audits; and• 4.4.2.4 Expand Audits.

Related to Required Audits

  • Approved Auditor means a person who is:

  • qualified auditor means a person who is qualified to be appointed as an auditor under section 198;

  • Audits means the audits and reviews carried out by the Bank or the Bank’s auditors, experts and insurers, as the case may be in accordance with the terms and conditions set out in Section 18.

  • Administrative and Audit Regulations means all applicable statutes, regulations, and other laws governing administration or audit of this Contract, which may include Title 2, Part 200, Code of Federal Regulations and Chapter 321 and Title 10, Subtitles D and F of the Texas Government Code.

  • Required Appraisal means, with respect to each Required Appraisal Loan, an appraisal of the related Mortgaged Property from an Independent Appraiser selected by the party required or authorized to obtain such appraisal hereunder, which appraisal shall be prepared in accordance with 12 CFR ss. 225.62 and conducted in accordance with the standards of the Appraisal Institute or, in the case of a Required Appraisal Loan having a Stated Principal Balance of, or in the case of a Mortgaged Property that has an allocated loan amount of, less than $2,000,000, if no satisfactory (as determined by the Special Servicer pursuant to Section 3.09(a)) appraisal meeting the foregoing criteria was obtained or conducted within the prior 12 months, a "desktop" value estimate performed by the Special Servicer.

  • Reportable Compliance Event means that any Covered Entity becomes a Sanctioned Person, or is charged by indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of any Anti-Terrorism Law.

  • 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);

  • Final Disruption Date has the meaning provided in Annex A to this Confirmation. Notwithstanding the foregoing and anything to the contrary in the Equity Definitions, if a Market Disruption Event occurs on any Expiration Date, the Calculation Agent, acting commercially reasonably, may determine that such Expiration Date is a Disrupted Day only in part, in which case (i) the Calculation Agent shall make commercially reasonable adjustments to the Number of Warrants for the relevant Component for which such day shall be the Expiration Date and shall designate the Scheduled Trading Day determined in the manner described in the second preceding sentence as the Expiration Date for the remaining Warrants for such Component, and (ii) the VWAP Price for such Disrupted Day shall be determined by the Calculation Agent based on transactions in the Shares on such Disrupted Day taking into account the nature and duration of such Market Disruption Event on such day. Any Scheduled Trading Day on which, as of the date hereof, the Exchange is scheduled to close prior to its normal close of trading shall be deemed not to be a Scheduled Trading Day; if a closure of the Exchange prior to its normal close of trading on any Scheduled Trading Day is scheduled following the date hereof, but prior to the open of the regular trading session of the Exchange on such day, then such Scheduled Trading Day shall be deemed to be a Disrupted Day in full.

  • Lead inspection means a surface-by-surface investigation to determine the presence of lead-based

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Accounts and Audit Regulations means the regulations issued under Sections 32, 43(2) and 46 of the Local Audit and Accountability Act 2014, or any superseding legislation, and then in force, unless otherwise specified.

  • Practical examination means a demonstration through application of the safety rules and principles in industrial radiography including use of all procedures and equipment to be used by radiographic personnel.

  • Control Appraisal Period shall exist with respect to the Mortgage Loan, if and for so long as:

  • Inspections has the meaning set forth in Section 4.1.2.

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

  • Buyer’s Accountants means Xxxxx Xxxxxxxx LLP.

  • registered auditor means a person as defined in terms of the Auditing Professions Act, 20015((Act No. 26 of 2005);

  • Required Party has the meaning set forth in Section 4.03 of this Agreement.

  • Initial Environmental Examination or “IEE” means an initial environmental examination for a Subproject, including any update thereto, prepared and submitted by the Borrower pursuant to the requirements set forth in the EARF and cleared by ADB;

  • Testing Date means each day which is: (i) the last day of the relevant Issuer's and the Guarantor's financial year in any year; or (ii) the last day of each of the first three quarters of the relevant Issuer's and the Guarantor's financial year in any year.

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

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

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

  • Environmental Audit means, with respect to each Property, a Phase One environmental site assessment (the scope and performance of which meets or exceeds the then most current ASTM Standard Practice E1527 for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of such Property.

  • Final Disbursement Date means the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement (including as amended by an Extension) or, if such date is not a Business Day, the next succeeding Business Day; provided, however, to the extent that Lender has not received cash collateral in the amount of the Letter of Credit Obligations or an equivalent full indemnity from Borrower or Guarantor, as applicable, with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under such Letter of Credit shall be no later than thirty (30) days after any such drawing which may be no later than the expiry date of the Letter of Credit related thereto.

  • Evaluation Date shall have the meaning ascribed to such term in Section 3.1(s).