SOX Compliance definition

SOX Compliance means public company accounting and investor protection requirements pursuant to the US ▇▇▇▇▇▇▇▇-▇▇▇▇▇ ▇▇▇ ▇▇▇▇;
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SOX Compliance or “SOX Compliant”) and the time period within which it desires the Company (including SB Oils) to become SOX Compliant. If a Party elects to require the Company to become SOX Compliant, the Company (including SB Oils) shall take commercially reasonable efforts to become SOX Compliant by the time specified by such requesting Party. The Company and SB Oils each agree that it shall thereafter consult with and update the requesting Party on its compliance efforts on an ongoing basis at the requesting Party’s request. In connection with such consultation and updates, the Company agrees that it shall in good faith consider (A) any advice or assistance offered by the requesting Party in connection with its efforts to achieve SOX Compliance, and (B) any offer or suggestion by the requesting Party that the Company (or SB Oils) utilize the internal audit resources or expertise of Solazyme, Inc. or BGI (or any of their respective Affiliates) with a view toward controlling the costs of achieving SOX Compliance.
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SOX Compliance or “SOX Compliant”) and the time period within which it desires the Company to become SOX Compliant. If Solazyme elects to require the Company to become SOX Compliant, the Company shall take commercially reasonable efforts to become SOX Compliant by the time specified by Solazyme. The Company agrees that it shall thereafter consult with and update Solazyme on its compliance efforts on an ongoing basis at Solazyme’s request. In connection with such consultation and updates, the Company agrees that it shall in good faith consider (A) any advice or assistance offered by Solazyme in connection with its efforts to achieve SOX Compliance, and (B) any offer or suggestion by Solazyme that the Company utilize the internal audit resources or expertise of Solazyme or Roquette (or any of their respective Affiliates) with a view toward controlling the costs of achieving SOX Compliance.
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Examples of SOX Compliance in a sentence

  • Recipient will be responsible for its own Risk Assessment, SOX, Compliance Audit and Enterprise Risk Management processes.

  • RISK MANAGEMENT AND SIX SIGMA Services Provided: · Internal Audit · SOX Compliance and SAS 70 · Business Continuity and Disaster Recovery Planning · Information Security · Loan Quality · Quality Assurance · Risk Management · Six Sigma 24 Fully Allocated Cost of providing services.

  • In connection with such consultation and updates, the Company agrees that it shall in good faith consider (A) any advice or assistance offered by the requesting Party in connection with its efforts to achieve SOX Compliance, and (B) any offer or suggestion by the requesting Party that the Company (or SB Oils) utilize the internal audit resources or expertise of Solazyme, Inc.

  • SOX Compliance In connection with RCP’s obligation to comply with the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002, provision of reasonable support and performance of key controls related to financial reporting as agreed between the Parties.

  • Internal Audit and SOX Compliance Service Category shall include the administration, maintenance, reporting, analysis, and other activities relating to internal audits and SOX compliance, including administration of a key control system, management of officer certifications, and other internal compliance functions.

  • In connection with such consultation and updates, the Company agrees that it shall in good faith consider (A) any advice or assistance offered by Solazyme in connection with its efforts to achieve SOX Compliance, and (B) any offer or suggestion by Solazyme that the Company utilize the internal audit resources or expertise of Solazyme or Roquette (or any of their respective Affiliates) with a view toward controlling the costs of achieving SOX Compliance.

  • Security SOX Compliance These reports will be decided depending on the information captured during transition To be decided during Transition.

  • For the avoidance of doubt, such reimbursed costs shall not include internal costs of the Company personnel or any fees or expenses to the extent that such fees or expenses relate to activities that would have been performed, including in relation to the timing of performance, even if Solazyme had not made such a SOX Compliance request.

  • It is acknowledged by Staff and MAWC that the Cash Working Capital (Management Fee Lag) and Management Fee – Labor Costs issues will be still be addressed in the true-up process, while the AWR Compensation to MAWC, External Affairs, Dues, Donation and Contributions, Advertising and Property Tax, Management Fee – SOX Compliance, Main Break Expense, Waste Disposal and Franchise tax issues will not be addressed in the true-up process and are considered final.

  • Until such time as the Administrative Agent has received the SOX Compliance Report, as soon as available, but in any event not later than 6:00 p.m. New York City time on Friday of each calendar week, commencing on Friday, September 2, 2011, a weekly cash flow forecast of the Borrower and its Subsidiaries for the forthcoming 13 week period.

Related to SOX Compliance

  • Year 2000 Compliance has the meaning set forth in section 17.29 of the Management Agreement.

  • Non-Compliance means failure/refusal to comply the terms and conditions of the tender;

  • Document of Compliance has the meaning given to it in the ISM Code.

  • Tax Compliance Agreement means the Federal Tax Certificate, Tax Compliance Agreement, Arbitrage Agreement, or other written certification or agreement of the Issuer setting out representations and covenants for satisfying the post-issuance tax compliance requirements for the Tax-Exempt Bonds.

  • SOX Compliant Entity means an entity that either is required to be compliant with, or voluntarily is compliant with, all of the following provisions of the Sarbanes-Oxley Act of 2002: (i) the preapproval requirements of Section 201 (Section 10A(i) of the Securities Exchange Act of 1934); (ii) the Audit committee independence requirements of Section 301 (Section 10A(m)(3) of the Securities Exchange Act of 1934); and (iii) the Internal control over financial reporting requirements of Section 404 (Item 308 of SEC Regulation S-K).