SAS 70 Audit definition
Examples of SAS 70 Audit in a sentence
For the avoidance of doubt, such SAS 70 Audit is the Sub-Administrator’s “Confidential Information” as defined below.
Unless otherwise agreed by the parties, each SAS 70 Audit will be scheduled so as to facilitate annual compliance reporting by DFS and the Service Recipients under the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 and any regulations promulgated under it.
BancTec will perform a security Audit at least annually and will cause a Type II Statement of Auditing Standards (SAS) 70 Audit (or equivalent audit) to be conducted annually for each shared services facility at or from which Services are provided.
BancTec will permit DFS to participate in the planning of each SAS 70 Audit, will confer with DFS as to the scope and timing of the Audit and will accommodate DFS requirements and concerns to the extent practicable.
Thereafter, DataBank shall deliver to RealPage on or before [January 1] of each year during the Initial Term and any Renewal Term hereunder a SAS 70 Audit for the then current audit period.
Audit is performed by GlobalLogic on its own accord, GlobalLogic shall provide a copy of the SAS 70 Audit report to Client within the aforesaid timeframe.
On or before Envestnet’s commencement of Platform Services, and no less than annually thereafter during the Term of this Agreement, Envestnet shall cause a third party to review its data security controls and procedures and to prepare and deliver a written report with respect thereto in the form of a Type II SAS 70 Audit Report.
Supplier shall provide a SAS 70 Audit report to Health Net within ten (10) business days of receipt from the external auditor performing the SAS 70 Audit with the exception of Network Services provided by a Supplier Approved Subcontractor which shall be sixty (60) calendar days of receipt from the external auditor performing the Network Services SAS 70 Audit, and in no event any SAS 70 Audit later than November 30 of each calendar year.
The DEPARTMENT will be furnished with an annual copy of the report from an annual Statement of Auditing Standards (SAS) 70 Audit.
Supplier agrees that, each calendar year during the Term, it will have one of the AICPA Auditors conduct, at Supplier’s expense, at least one SAS 70 Audit covering each type of operating system from which Kraft Data is processed at each SMC.