Non-Issuance of Certificates Sample Clauses
The non-issuance-of-certificates clause establishes that certain certificates, such as share certificates or certificates of ownership, will not be physically issued to holders. Instead, ownership or entitlement is typically recorded electronically or in a register maintained by the company or relevant authority. This approach streamlines administrative processes, reduces the risk of loss or forgery of physical documents, and ensures that records are kept up to date and easily accessible.
POPULAR SAMPLE Copied 32 times
Non-Issuance of Certificates. In the event that the Trust informs Forum that any Fund or Class thereof does not issue share certificates, Forum shall not issue any such share certificates and the provisions of this Agreement relating to share certificates shall not be applicable with respect to those Funds or Classes thereof.
Non-Issuance of Certificates. DQS India may only issue Certificates if all requirements have been fulfilled following the assessment (initial/re-assessment). In case of non-fulfillment, the assessor documents the shortcomings in a nonconformity report and/or otherwise identifies the restraints which must be complied with in order for a certificate to be issued. All non-conformances or restraints must be eliminated or complied with within the timeframes identified in the audit report. If necessary, DQS India will repeat the assessment in full or in part. The resulting costs will be invoiced to Customer based upon the effort required. If the non-conformances have not been eliminated or if the prerequisites for the granting of a certificate have not been achieved even after follow- up assessments, the certification procedure will be concluded by the issuance of a report without a certificate. Customer understands that it is liable to make complete payment of the assessment invoices even if the certificate is not issued. If Customer’s management system is found to conform to the applicable Requirements, Customer will receive a Certificate. Upon issuance of a Certificate, a surveillance service will be established and the name of Customer and of the scope of Certification will appear in DQS India published records. The establishment and maintenance of Certification is contingent upon the execution of this Agreement and the continued adherence to its terms and conditions by Customer. Customer agrees that it will cooperate with DQS India in ascertaining the facts if it is reported that Customer's management system and/or goods or services are not in conformance with the applicable Requirements, including sharing such information as Customer acquires regarding the reported nonconformance, and to take and report to DQS India on any corrective action necessary. Customer agrees that the surveillance service and any special assessments conducted by DQS India are designed to serve only as a check on the means the Customer exercises to determine conformance of its management system with the applicable Requirements, and that Customer is in no way relieved of its responsibility for its management system and those goods or services within the scope of the Certificate.
Non-Issuance of Certificates. BQAS may only issue Certificates if all requirements of the selected standard(s), specifications and contracts have been fulfilled following the assessment (initial/re-certification). In case of fulfillment, the assessor documents the shortcomings in a nonconformity report and/or otherwise identifies the restraints which must be complied with in order for a Certificate to be issued. All no-conformance or restraints shall be eliminated prior to the issuance of a BQAS Certificate. If necessary, BQAS will repeat the assessment partially or in full. If the non-conformance have not been eliminated, or if the Pre-requisites for the granting of a Certificate have not been achieved even after follow up assessments, the certification procedure will be concluded by the issuance of a report without a certificate.
Non-Issuance of Certificates. 1. Except as otherwise determined by the Company, the Company shall not issue any certificate representing the SOs.
2. The Holder shall not request the Company to issue such certificates.
Non-Issuance of Certificates. DQS may only issue Certificates if all specifications following the assessment (initial/re-assessment) have been fulfilled. In case of non-fulfillment, the assessor documents the shortcomings in a nonconformity report and/or otherwise identifies the restraints which must be complied with in order for a certificate to be issued. All non-conformances or restrained shall be eliminated or fulfilled usually within three months. Other standard- specific deadlines are included in the respective standard. If necessary, DQS will repeat the assessment partially or in full. For this, the costs will be invoiced as per the current price list (depending of effort required). If the non-conformances have not been eliminated within three months or if the prerequisites for the granting of a certificate have not been achieved even after two follow-up assessments, the certification procedure will be concluded by the issuance of a report without a certificate. Not processing minor non-conformities may also lead to major non-conformities under certain conditions. These types of major conformities shall be eliminated as described above. Details are specified in the requirements of the individual standards.
