Internal Systems Sample Clauses
The "Internal Systems" clause defines the requirements and responsibilities related to the internal technological or operational systems used by a party in the context of the agreement. It typically outlines standards for maintaining, updating, and securing these systems, and may specify obligations to ensure compatibility, data protection, or compliance with relevant laws. For example, a vendor might be required to use secure servers or maintain up-to-date software to protect client data. The core function of this clause is to ensure that each party’s internal systems meet certain standards, thereby reducing operational risks and safeguarding the integrity and security of shared or processed information.
Internal Systems. Devices that perform computing or networking services to provide or support Supplier’s Services.
Internal Systems. Each Party will keep an individualized written record of each of its Product Complaints to the extent required under its standard operating procedures (SOPs) and Applicable Law. Each Party will maintain its own SOPs for receiving, investigating, tracking, following up, storing and reporting Product Complaints. Licensor may audit Licensee for compliance with the requirements under this Section 4.1(f) only for cause. Audits will be scheduled in advance and will be conducted during normal business hours.
Internal Systems. Year 2000 Processing by any software or computer-controlled device that is owned, operated, used or useful in the Company's business will not adversely affect the Company's business.
Internal Systems. The Company shall maintain proper and effective reporting systems, collation systems and other management, financial, banking, and information systems, practices and procedures.
Internal Systems. 2.7.1. Each Party shall own, maintain, and operate its Internal System at its sole expense, except as provided herein. Each Internal System shall be maintained and operated with the highest practicable standards and practices in construction, operation, and maintenance, with particular attention to cross-connection control, water quality, and efficient and economical utility operation. Either Party may notify the other of conditions within the other's internal System that constitute violations of law, regulation, or permit. Each Party shall cooperate with the other to rectify such conditions. If by reason of the District’s act or failure to act, the City is penalized for failure to maintain or operate the Wholesale Facilities as required by applicable law or regulation, the District shall indemnify the city for the penalty and all costs, including reasonable attorney's fees associated with investigating and defending against such penalty.
2.7.2. The District shall pay the charges described in paragraph2.6 out of the revenues of the District’s Internal System District’s payments to the City pursuant to this Agreement and payments otherwise required or provided for by this Agreement shall be maintenance and operation expenses of the District’s Internal System, prior to and superior to any debt or charge or lien of any revenue bond or other obligation issued by the District that is payable from the revenues of its Internal System. The District shall establish rates and collect fees and charges for water service sufficient to pay for the maintenance and operation of its Internal System, including payments to the City, and the principal and interest on any and all District debt obligations.
2.7.3. The City shall establish rates and collect fees and charges for water service sufficient to pay for the maintenance and operation of its Internal System, and the principal and interest on any and all City revenue obligations that constitute a charge against the revenue of the City’s Internal System.
2.7.4. The City shall keep full and complete books of accounts in compliance with current standards required by the State Auditor. Either Party may request independent audits by a public accounting firm at that Party's expense.
Internal Systems. (a) Each EARNZ Group Company maintains a system of internal accounting controls (the
(i) transactions are executed in accordance with management's general or specific authorisation;
(ii) transactions are recorded as necessary to permit preparation of financial statements by the relevant EARNZ Group Company on a consolidated basis in conformity with IFRS and the Companies Act and the rules and regulations thereunder and to maintain accountability for assets;
(iii) access to assets is permitted only in accordance with management's general or specific authorisation; and
(iv) the recorded accountability for assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences.
(b) There have been no breaches of any Internal Systems at any EARNZ Group Company which would be material in the context of the Transaction.
Internal Systems. The City and Participants shall operate and maintain its Internal System at its sole expense, including all of its facilities as required to maintain the volume and quality of Domestic Sewage within the limits set forth in this Agreement. The Parties shall observe the American Public Works Association (APWA) (or an agreed equivalent) standards and practices in the construction, operation, and maintenance of its Internal System with particular attention to the following: (a) minimizing entry into the sewerage system of groundwater and/or surface water (I/I - infiltration and inflow); (b) maintaining a favorable character and quality of Domestic Sewage in accordance with the standards set forth in Section 5.6; (c) eliminating septicity and objectionable odors, entry of petroleum wastes, or other chemicals and/or wastes detrimental to sewer lines, pumping stations, the Facilities, and the waters of Puget Sound, and; (d) maintaining an efficient and economical utility operation while achieving optimum pollution and environmental control. The City and Participants shall prevent, except for unusual circumstances to be reviewed and recommended by the Oversight Committee, the connection of any storm or drainage facilities to its Internal System. The City and Participants shall periodically inspect its Internal System to ensure adherence to applicable standards and to minimize infiltration, exfiltration, and deposits of rock or other debris. The City or Participants, at any reasonable time and upon reasonable notice, may inspect any Internal System and/or the Facilities of the City or any Participant. The City shall give written notice to all Participants of any condition within any Participant’s Internal System that violates this Agreement or applicable laws, regulations, or permits. If the Participant does not correct such condition within a reasonable time after receiving written notice thereof, the Participant shall pay any reasonable and necessary costs and expenses incurred in connection with such condition. If the Participant discharges into the Facilities any solids, liquids, gases, toxic substances, or other substances which could reasonably be determined to cause damage to the Facilities or is creating a public nuisance or a hazard to life or property, the Participant shall either immediately discontinue the discharge of such substances or pay for the costs of modifying the Facilities so that they are capable of satisfactorily handling such substances. Be...