Compliance with Procedures Clause Samples
The Compliance with Procedures clause requires parties to adhere to specific processes, rules, or protocols outlined in the agreement or referenced documents. In practice, this means that parties must follow established steps for activities such as reporting, approvals, or handling confidential information, ensuring that all actions are consistent with agreed standards. This clause helps maintain order and predictability in contractual relationships by ensuring that all parties operate within a defined framework, thereby reducing misunderstandings and minimizing the risk of disputes.
Compliance with Procedures a) If a Settlement File (including a Settlement File containing your request for cancellation or amendment of an Entry) has been transmitted by your authorized representative, it will be deemed effective as your Entry (or request) and you shall be obligated to pay ODFI the amount of such Entry as provided herein.
b) If a Settlement File (including a Settlement File containing your request for cancellation or amendment of an Entry) was transmitted by you, you shall be obligated to pay the amount of the Entry as provided herein, unless ODFI failed to comply with the agreed security procedures with respect to that Entry; that Entry was erroneous in any respect due to the fault of ODFI or their contractors; that error would have been detected if ODFI had complied with such security procedures; or that Entry was erroneous in any respect due to ODFI’s or their contractors’ negligence, willful misconduct, or acts or omissions other than in accordance with this Agreement.
Compliance with Procedures. The Licensee shall comply with any instructions and procedures relating to the operation of this Agreement and notified to it by ATOC or RSP from time to time.
Compliance with Procedures. To the extent that the Charter School is required to submit records or information to the District or the County Office of Education in order to confirm funding, including but not limited any audit requirements under LCFF, those records must be prepared by the Charter School in compliance with applicable laws.
Compliance with Procedures. Demand Registration made pursuant to this Section 2.2 shall comply with the procedures set forth in Section 2.3 hereof.
Compliance with Procedures. Notwithstanding anything to the contrary contained in this Bond Indenture, when Cede & Co., as nominee of the Securities Depository, is the sole registered owner of the Bonds with the written consent of the Borrower and the Bondholder Representative, if any, all tenders and deliveries of Bonds under the provisions of this Bond Indenture shall be made pursuant to the Securities Depository’s procedures as in effect from time to time, and neither the Issuer nor the Borrower nor the Tender Agent nor the Trustee shall have any responsibility for or liability with respect to the implementation of such procedures.
Compliance with Procedures. 8.12.1 The Fiscal Agent undertakes to comply with the procedures set out in Schedule 8 (Procedures for Compliance with Spanish Tax Legislation) in order to assist the Issuer in complying with the Spanish Tax Procedures.
8.12.2 The parties acknowledge that such procedures may need to be revised:
(a) from time to time in accordance with the applicable Spanish laws and regulations, further clarification from the Spanish tax authorities regarding such laws and regulations and the operational procedures of Euroclear and Clearstream, Luxembourg; and
(b) in the event that the Notes are not in global form which are held by the Common Safekeeper for Euroclear and Clearstream, Luxembourg, and, in such circumstances, the parties undertake to use their best endeavours to revise the procedures and, if required by the Issuer, ensure that Noteholders are made aware of such revised procedures. Any revision to the procedures agreed by the Issuer and Fiscal Agent shall be binding on all parties.
8.12.3 In this Agreement, "Spanish Tax Procedures" means the procedures applicable from time to time to the Issuer in relation to the reporting of information in respect of interest payments to the Spanish tax authorities and other related matters.
Compliance with Procedures. The procedures for inviting tenders and entering into contracts set out in the Schedule to these Procedure Rules must be complied with unless:
(a) these Procedure Rules otherwise provide; or
(b) (b) the Council or the Executive approves a different course of action
Compliance with Procedures. Vendor agrees that its personnel and the personnel of its subcontractors shall comply with all rules, regulations, policies and security procedures of the City when on City’s premises.
Compliance with Procedures. The Parties will comply with:
(a) the Operations and Maintenance Procedures;
(b) the Billing and Settlement Procedures;
(c) the Technical and Operations Manual agreed between the Parties;
(d) the Ordering and Provisioning Procedures;
(e) any POI Space Access Procedures;
(f) the Dispute Resolution Procedures; and
(g) such other matters as the Parties determine.
Compliance with Procedures. The Trustee shall comply with the procedures set forth in the Letter of Credit.