Audit Activity Sample Clauses

The Audit Activity clause grants one party the right to review and examine the records, operations, or processes of another party to ensure compliance with contractual obligations. Typically, this clause outlines the scope of audits, the notice period required before an audit, and any limitations on frequency or access, such as restricting audits to business hours or protecting confidential information. Its core function is to provide transparency and accountability, helping to detect errors, fraud, or non-compliance and thereby safeguarding the interests of the auditing party.
Audit Activity. Each of U S WEST and New U S WEST will coordinate its respective efforts with respect to audits of Combined Returns of any Pre-Separation Taxable Period and any Straddle Period and will furnish the other with all necessary workpapers and records to respond to audit inquiries. New U S WEST will be responsible as agent for any Combined Return for day-to-day contact with state Tax Authorities regarding such audits. U S WEST will be responsible for responding to audit inquiries regarding issues primarily affecting Tax Liabilities of the MediaOne Group, but will act through New U S WEST, rather than directly contacting the appropriate Tax Authorities with respect to such matters.
View SourceView Similar (8)
Audit Activity. Each of Alloy and ▇▇▇▇▇*s will coordinate its respective efforts with respect to audits of any Pre-Distribution Taxable Period and any Straddle Period and will furnish the other with all necessary workpapers and records to respond to audit inquiries. Alloy will be responsible as agent for the Alloy Consolidated Group for responding to information requests from the IRS agents assigned to such audits. ▇▇▇▇▇*s will be responsible for responding to information requests from the IRS regarding issues primarily affecting Tax Liabilities of the ▇▇▇▇▇*s Group, but will act through Alloy rather than directly contacting the IRS.
View SourceView Similar (2)
Audit Activity. Each of Alloy and ▇▇▇▇▇*s will coordinate its respective efforts with respect to audits of Combined Returns of any Pre-Distribution Taxable Period and any Straddle Period and will furnish the other with all necessary workpapers and records to respond to audit inquiries. Alloy and ▇▇▇▇▇*s will each be responsible as agent for those Combined Return which are required by law to be filed by a member of their respective groups (the “Responsible Party” and the other party the “Non-Responsible Party”) for responding to information requests from the state Tax Authorities regarding such audits. The Non-Responsible Party will be responsible for responding to information requests regarding issues primarily affecting Tax Liabilities of its group, but will act through the Responsible Party rather than directly contacting the appropriate Tax Authority.
View SourceView Similar (2)
Audit Activity. The Company and the Director undertake to engage an external professional with qualifications in accounting or workplace relations, or an external professional otherwise approved by the FWO, to perform bi-annual audits of compliance with Commonwealth workplace laws and instruments, including the Award (Audits), in relation to the Company and the other entities that the Director is also a director of. The Audits will: assess a sample of at least 20% of the workforce of each entity, across a range of classifications and types or categories of work; be conducted for all full pay periods where all or part of the period falls within the following dates: 1 February 2019 – 28 February 2019 - to be finalised by 30 April 2019; 1 September 2019 – 30 September 2019 - to be finalised by 30 November 2019; 1 February 2020 – 29 February 2020 - to be finalised by 30 April 2020; assess the Company’s compliance with: wages or work-related entitlements under any applicable industrial instruments, including the Award, and the National Employment Standards; method and frequency of payment obligations under section 323 of the FW Act; record keeping and pay slip obligations listed within Division 3 of Part 3-6 of the FW Act and within the FW Regulations; Within 30 days of each of the finalisation dates specified above in paragraph 11.6(a)(ii), the Company will provide a copy of the Audit report to the FWO, which will include: a statement about the methodology used to conduct the Audit; and details of any contraventions identified in the Audit; If requested by the FWO, the Company will provide the FWO with any records or documents used to conduct the Audit, including any working documents, within 14 days of such a request; Within 30 days of the completion of the Annual Audit, the Company will: rectify any contraventions, including any underpayments arising from contraventions identified; provide to the FWO evidence of such rectification; in the event that after making reasonable efforts, the Company is unable to locate any employee(s) to whom money is owed, the Company will make an application to the Commonwealth of Australia (through the FWO) in accordance with section 559 of the FW Act to pay the money into the Commonwealth Revenue Fund (CRF). (Any employees that have underpayments paid into the CRF can contact the FWO to claim the money).
View SourceView Similar (2)
Audit Activity. At its own expense, the Company undertakes to engage an external accounting professional (for example, a Certificed Practising Accountant) or employment law specialist approved by the FWO to perform two (2) audits (the Audits) of the Company’s compliance with Commonwealth Workplace laws and instruments, including but not limited to the following clauses of the Award and sections of the FW Act: Clause 20 Base rate of pay, in accordance with the classification structure at Schedule B; Clause 13.1 Casual loadings; Clause 33 Overtime rates of pay; Clause 34 Penalty rates of pay; Section 535 Record keeping; Section 536 Pay slips; The Audits will include all employees of the company and will be completed as follows: The Audit of 1 June 2019 to 31 July 2019 (Initial Audit) will be finalised by 31 August 2019; The Audit 1 June 2020 to 31 July 2020 (Second Audit) will be finalised by 31 August 2020. 21 days prior to the Audit finalisation dates specified in subclause a) and b) above, the Company will provide for the FWO’s approval, details of the methodology to be used to conduct the Audit; and Within 14 days of each of the finalisation dates specified in subclause a) and b) above, the Company will provide to the FWO a report on the outcomes of the Audit and all supporting evidence. In the event non-compliance is found, the audit report will:
View Source
Audit Activity. At its own expense, the Franchisor undertakes to engage an external accounting professional (for example a Certified Practising Accountant) or an external professional otherwise approved by the FWO to perform audits of the Franchisor’s and each Franchisee’s compliance with all Commonwealth workplace laws, the 2017 Agreement and any other industrial instruments that may apply from time to time (Audits). The Audits will: be conducted within 6 months of the execution of this Undertaking and again within 18 months of the execution of this Undertaking; assess a sample of 40% of all junior employees and 20% of all other employees across a range of different classifications at all locations and, where applicable, employment types (full time, part time and casual employees); assess the Franchisor’s and each Franchisee’s compliance with: section 535 of the FW Act in relation to record keeping; section 536 of the FW Act in relation to payslips; and wages provisions of the 2017 Agreement or any other industrial instrument that may apply from time to time; assess a sample of at least two pay periods. If the Audits find any underpayment of wages based on the sample referred to in clause 27(b), and the FWO reasonably believes that employees not included in the sample are also likely to have been underpaid, the Franchisee(s) for which the underpayments are discovered, undertake to engage an external accounting professional (or other external professional approved by the FWO) to conduct an audit of all its employees (including junior employees) in accordance with clauses 27(c) and (d) above (Additional Audit). If requested by the FWO, the Franchisor will provide details of the methodology to be used to conduct the Audits. Within 30 days of the completion of each of the Audits, the Franchisor will provide a report on the outcomes of the Audits to the FWO, which will include: a statement about the methodology used to conduct the Audit; and details of any contraventions identified in the Audit.
View Source
Audit Activity. Cause to have performed by an accounting professional (for example a Certified Practising Accountant) or an employment law specialist, at the Company’s expense, audits of the Company’s compliance with all Commonwealth workplace laws and instruments (Audits), including but not limited to the clauses of the Awards and sections of the FW Act relating to part time agreements, casual loadings, ordinary hours of work for shift workers, overtime rates of pay, annual leave and annual leave loading and record keeping and payslip content requirements. Two (2) Audits will be completed and will include the pay and conditions of 50% of employees and include two full pay periods, include a range of classifications and employment types (full time, part time and casual employees), and include employees from a range of sites; and Will ensure that the following requirements are met: 21 days prior to the Audit due date/s, as specified below, the Company will provide for the FWO’s approval, details of the methodology to be used to conduct the Audit; Audit 1 is to be finalised by 31 December 2018 and is to include: An audit of one (1) full pay period between 1 July 2018 and 31 December 2018 in respect of pay rates, conditions, pay slips and record keeping in relation to all employees audited. The pay period must include at least one public holiday; Audit 1 is to be finalised and a report on the outcomes of the audit is to be provided to the FWO within 28 days of the finalisation date being 31 December 2018. The report must include details of the Company’s compliance or non-compliance with the clauses as listed in clause a). Audit 2 is to be finalised by 30 September 2019 and is to include: An audit of one (1) full pay period between 1 July 2019 and 30 July 2019 in respect of pay rates, conditions, pay slips and record keeping in relation to all employees audited. The pay period must include at least one public holiday; Audit 2 is to be finalised and a report on the outcomes of the audit is to be provided to the FWO within 28 days of the finalisation date being 30 September 2019. The report must include details of Prime Enterprise Holdings Pty Ltd’s compliance or non-compliance with the clauses as listed in clause a). Without limiting paragraph (a) above, ensure that the Audits examine the Company’s compliance with any wage rate, penalty or allowance increases arising from the Fair Work Commission’s Annual Wage Reviews; In the event an Audit discloses contraventions of any appl...
View Source
Audit Activity. Comdata shall control all audits of any Tax Return described in Section 5.3(a) and will furnish HCM with all necessary workpapers and records to respond to audit inquiries. Comdata will be responsible for responding to information requests from the agents of the applicable Tax Authority assigned to such audits. HCM will have the right to participate in such audits to the extent they affect Tax Liabilities of the HCM Group, but will act through Comdata rather than through direct contact with the applicable Tax Authority. Costs of the parties pursuant to this Section 5.3(c) shall be paid as provided in Section 5.5.
View Source

Related to Audit Activity

  • Market Activities The Company will not, directly or indirectly, (i) take any action designed to cause or result in, or that constitutes or would reasonably be expected to constitute, the stabilization or manipulation of the price of any security of the Company to facilitate the sale or resale of Common Stock or (ii) sell, bid for, or purchase Common Stock in violation of Regulation M, or pay anyone any compensation for soliciting purchases of the Placement Shares other than the Agent.

  • PROJECT ACTIVITIES This Grant Agreement is for the Foundational Year only. Subsection 1. Continuous SIA Plan Implementation (a) Increasing instructional time, which may include: (A) More hours or days of instructional time; (B) Summer programs; (C) Before-school or after-school programs; or (D) Technological investments that minimize class time used for assessments administered to students. (b) Addressing students’ health or safety needs, which may include: (A) Social-emotional learning and development; (B) Student mental and behavioral health; (C) Improvements to teaching and learning practices or organizational structures that lead to better interpersonal relationships at the school; (D) Student health and wellness; (E) Trauma-informed practices; (F) School health professionals and assistants; or (G) Facility improvements directly related to improving student health or safety. (c) Reducing class sizes, which may include increasing the use of instructional assistants, by using evidence-based criteria to ensure appropriate student-teacher ratios or staff caseloads. (d) Expanding availability of and student participation in well-rounded learning experiences, which may include: (A) Developmentally appropriate and culturally responsive early literacy practices and programs in prekindergarten through third grade; (B) Culturally responsive practices and programs in grades six through eight, including learning, counseling and student support that is connected to colleges and careers; (C) Broadened curricular options at all grade levels, including access to: (i) Art, music and physical education classes; (ii) Science, technology, engineering and mathematics education;

  • Independent Activities 14.1 Except as expressly provided herein, each party shall have the free and unrestricted right to independently engage in and receive the full benefit of any and all business endeavours of any sort whatsoever, whether or not competitive with the endeavours contemplated herein without consulting the other or inviting or allowing the other to participate therein. No party shall be under any fiduciary or other duty to the other which will prevent it from engaging in or enjoying the benefits of competing endeavours within the general scope of the endeavours contemplated herein. The legal doctrines of "corporate opportunity" sometimes applied to persons engaged in a joint venture or having fiduciary status shall not apply in the case of any party. In particular, without limiting the foregoing, no party shall have any obligation to any other party as to: (a) any opportunity to acquire, explore and develop any mining property, interest or right presently owned by it or offered to it outside of the Property at any time; and (b) the erection of any mining plant, mill, smelter or refinery, whether or not such mining plant, mill, smelter or refinery treats ores or concentrates from the Property.

  • Development Activities The Development activities referred to in item “b” of paragraph 3.1 include: studies and projects of implementation of the Production facilities; drilling and completion of the Producing and injection ▇▇▇▇▇; and installation of equipment and vessels for extraction, collection, Treatment, storage, and transfer of Oil and Gas. The installation referred to in item “c” includes, but is not limited to, offshore platforms, pipelines, Oil and Gas Treatment plants, equipment and facilities for measurement of the inspected Production, wellhead equipment, production pipes, flow lines, tanks, and other facilities exclusively intended for extraction, as well as oil and gas pipelines for Production Outflow and their respective compressor and pumping stations.

  • Specific Activities Please give detailed information about the specific activities of the Project promoter and the Partner(s), with budget allocations 7.1 The main tasks of [name of the Project Promoter], referred to as the ‘Project Promoter’, are summarized as follows: Name Project activities Project budget 1 .... [mention the budget allocated to Project Promoter for the respective activity] EUR.... Activity 2 .... EUR... 7.2 The main input/responsibilities of [name of the Project Partner(s)], referred to as Partner 1, 2, etc., are summarized as follows: Name Project activities Project budget Partner 1... [briefly present the project activity implemented by Partner]. Activity 1 .... [mention the budget allocated to Partner 1 for the respective activity] EUR.... Activity 2 .... EUR... Name Project activities Project budget