Common use of Accounting and Administration Clause in Contracts

Accounting and Administration. Anchor will be provided with written approval, which includes but is not limited to approval by e-mail, prior to commitment of funds for any and all items to be invoiced to Colgate (other than Products as defined in this Agreement). All invoices for artwork and/or artwork related changes will be submitted no later than forty-five (45) days after work has been completed and will be accompanied by copies of supplier invoices. All invoices for other Anchor services will include copies of the Colgate spending authorizations and substantiation of services rendered. Anchor will provide, no later than 15 days after the end of every calendar quarter, a report on total number of Units of Products (excluding samples) supplied to Colgate.