Principle of accountability Clause Samples

The Principle of Accountability clause establishes that parties are responsible for ensuring compliance with agreed-upon obligations, particularly in contexts such as data protection or regulatory adherence. In practice, this means that an organization must not only follow relevant rules but also be able to demonstrate, through documentation or audits, that it has taken appropriate steps to meet its responsibilities. This clause serves to promote transparency and trust by requiring proactive measures and evidence of compliance, thereby reducing the risk of negligence or oversight.
Principle of accountability a. The Data Exporter warrants that it has used reasonable efforts to determine that the Data Importer is able to perform its obligations under this Agreement by applying appropriate Administrative, Physical and Technical Measures. b. The Data Importer shall implement the necessary mechanisms to demonstrate compliance with the princi- ples and obligations established in this Agreement, thereby ensuring accountability to the Data Subject and the Competent Supervisory Authority for the Processing of the Personal Data in its possession. c. The Data Importer shall review and permanently assess the mechanisms that it voluntarily adopts to com- ply with the principle of accountability, in order to measure their level of effectiveness in complying with this Agreement.
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Related to Principle of accountability

  • Accountability Actuaries and external auditors will be appointed by the Trust. Audited financial statements, and an actuarial evaluation report will be obtained for the Trust on an annual basis. The actuarial report will include projections for the Trust for a period of not less than 3 years into the future.

  • Health Care Accountability Ordinance If Administrative Code Chapter 12Q applies to this contract, Contractor shall comply with the requirements of Chapter 12Q. For each Covered Employee, Contractor shall provide the appropriate health benefit set forth in Section 12Q.3 of the HCAO. If Contractor chooses to offer the health plan option, such health plan shall meet the minimum standards set forth by the San Francisco Health Commission. Information about and the text of the Chapter 12Q, as well as the Health Commission’s minimum standards, is available on the web at ▇▇▇▇://▇▇▇▇▇.▇▇▇/olse/hcao. Contractor is subject to the enforcement and penalty provisions in Chapter 12Q. Any Subcontract entered into by Contractor shall require any Subcontractor with 20 or more employees to comply with the requirements of the HCAO and shall contain contractual obligations substantially the same as those set forth in this Section.

  • Service Accountability Agreements The HSP acknowledges that if the LHIN and the HSP enter into negotiations for a subsequent service accountability agreement, subsequent funding may be interrupted if the next service accountability agreement is not executed on or before the expiration date of this Agreement.

  • A Service Accountability Agreement This Agreement is a service accountability agreement for the purposes of the Enabling Legislation.

  • Wall Street Transparency and Accountability Act In connection with Section 739 of the Wall Street Transparency and Accountability Act of 2010 (“WSTAA”), the parties hereby agree that neither the enactment of WSTAA or any regulation under the WSTAA, nor any requirement under WSTAA or an amendment made by WSTAA, shall limit or otherwise impair either party’s otherwise applicable rights to terminate, renegotiate, modify, amend or supplement this Confirmation or the Agreement, as applicable, arising from a termination event, force majeure, illegality, increased costs, regulatory change or similar event under this Confirmation, the Equity Definitions incorporated herein, or the Agreement (including, but not limited to, rights arising from Change in Law, Hedging Disruption, Increased Cost of Hedging, an Excess Ownership Position, or Illegality (as defined in the Agreement)).