Accounts & Audit Clause Samples

Accounts & Audit. 9.1.1 The Developer agrees and undertakes that during the subsistence of this Development Agreement, it shall maintain books of account recording all receipts including those on account of project revenue, income receipt, payments, assets and liabilities in accordance with Good Industry Practice and Applicable Laws. The said account shall, inter-alia, clearly reflect: a) Sub-Lessee wise account of receipts and receivables; b) Lease transfer receipts and receivables; c) Account of all other receipts and receivables; d) Obligations towards contractors, Sub-Contractors, suppliers and all payments made; e) Application of debt fund; and
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Accounts & Audit. A. The Franchisee shall allow the authorized personnel of the Company at all reasonable times to inspect the books records reports and register kept by the Franchisee and to use any information contained therein for the benefit of the Company. B. The Franchisee shall permit the representatives of the Company to conduct spot checks on the Center(s) in order to ensure that the Franchisee is functioning in compliance to the Company’s instructions rules & regulations and as per the directions of the Company. C. The Franchisee agrees that the Company or its agents shall have the right to examine and/or audit the Books of Accounts of the Franchisee, to verify the figures reported. D. The Company shall be entitled to conduct an internal audit and or due diligence to the accounts and records of the Franchisee in relation to the courses. (i) The remuneration payable for such an exercise shall be borne by Company. (ii) The Franchisee shall extend all necessary co- operation to such representative performing internal audit and or due diligence, to enable him to perform his duties. (iii) The Franchisee shall make available to such representative performing internal audit and or due diligence, all its accounts, records and other material relating to the courses. The representative performing internal audit and or due diligence, shall also be entitled to call for the information from the person employed by the Franchisee and if so desired by him, to record their statements. (iv) On receipt of the report of the representative performing internal audit and or due diligence, the Company shall be entitled to address queries to the Franchisee and the Franchisee shall satisfy the Company with regard to the queries raised. (v) If the representative performing internal audit and or due diligence suggested any changes in the mode and maintenance of accounts and records in respect of the business, such suggestions shall be implemented by the Franchisee on the instructions of the Company. (vi) If such Internal Audit/due diligence, discloses any violation of an obligation of the Franchisee under this Agreement, the Company shall bring the same to the notice of the Franchisee and the Franchisee shall remedy the lapses on the Franchisee’s part to the satisfaction of Company forthwith, not withstanding the Company’s right to proceed to take suitable action against the Franchisee for the violation committed.
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Accounts & Audit. The Lender shall have the right to conduct an audit of the Borrower's Eligible Accounts at any time, during normal business hours and upon delivery of not less than 30 days advance notice, and the Borrower agrees to cooperate with such ▇▇▇▇▇▇ and provide such documentation and materials as reasonably requested by the Lender. ▇▇▇▇▇▇▇▇ agrees that it shall pay the Lender for such third-party audit fees and expenses, provided however that unless an Event of Default has occurred and is continuing, the Borrower shall not be responsible for such audit fees and expenses more than once per calendar year.
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Accounts & Audit. Borrower shall have delivered to Bank a signed, final copy of an audit of Borrower’s Accounts as of a date not earlier than , 2005 in a form acceptable to Bank.
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Accounts & Audit. साझेदारी विलेख एक फमम के भागीदारों के िीच एक समझौिा है जो भागीदारों के िीच साझेदारी के ननयमों और शिों को रेखाांककि करिा है। एक साझेदारी फमम एक नया व्यिसाय शुरू करने के ललए लोकविय िकार के सांगठनों में से एक है। एक साझेदारी फमम के सुचारू और सफल चलने के ललए अपने साझदारों के िीच उनकी और मुकदमेिाजी से िचने के ललए साझदारी विलखे में ििेश करना हमशे ा िेहिर होिा ह।ै समझौिा दो या दो ारों की मुहर और हस्िाक्षर होने चादहए। i) फमम का व्यिसाय: फमम के साझेदारों द्िारा ककया जाने िाला व्यिसाय v) प ी अांशदान: ित्यक भागीदार द्िारा ककया जाने िाला पज भागीदारों को ककया जाना भागीदार को ददए गए फमम से आरेखण के िारे में नीनि और यदद ककसी भी साथी
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Related to Accounts & Audit

  • ACCOUNTS AND AUDIT 18.1 The Supplier shall keep proper and accurate books and records, including all invoices, receipts and vouchers, relating to the Services and all expenditures and commitments made in connection therewith. The Supplier shall make such books and records available to the Local Government for review or audit within ten (10) days following receipt of a request from the Local Government to do so. The Supplier agrees that it shall retain all such books and records and make them available for review or audit by the Local Government for a period of three (3) years after the date of final payment by the Local Government hereunder. Any review or audit by the Local Government pursuant to this Section 18.1 shall be carried out by the Local Government at the Local Government’s expense.

  • Records; Audits Merck will keep, and will cause each of the other Selling Parties, as applicable, to keep, and Moderna will keep, adequate books and records of accounting for the purpose of calculating all royalties and other amounts payable by either Party to the other Party hereunder and ensuring each Party’s compliance hereunder. For the [***] following the end of the Calendar Year to which each will pertain, such books and records of accounting (including those of its Affiliates, as applicable) will be kept at each of their principal place of business. At the request of either Party, the other Party will permit (and procure its Affiliates, to permit) an independent certified public accounting firm of internationally recognized standing selected by the auditing Party and reasonably acceptable to the other Party to have access during normal business hours to such of the records as may be reasonably necessary to verify the accuracy of the payments due hereunder for any Calendar Year ending not more than [***] following the end of any Calendar Year. Such examinations may not be conducted more than once in any Calendar Year or be repeated for any Calendar Year. The accounting firm shall disclose to the auditing Party only whether the reports are correct or incorrect and the amount of any discrepancy. No other Confidential Information shall be provided. If such accounting firm correctly identifies a discrepancy made during such period, the appropriate Party shall pay the other Party the amount of the discrepancy within [***] of the date of delivery of such accounting firm’s written report so correctly concluding, or as otherwise agreed upon by the Parties. The fees charged by such accounting firm shall be paid by the auditing Party, provided that if the underpayment or overcharge exceeds [***], the audited Party shall pay the fees. Upon the expiration of [***] following the end of any Calendar Year, absent willful misconduct or fraud by a Party (its Affiliates, as applicable) the calculation of amounts payable with respect to such Calendar Year shall be binding and conclusive upon the Parties, and the Parties shall be released from any liability or accountability with respect to amounts payable for such Calendar Year. The auditing Party shall treat all financial information subject to review under this Section 8.6(c) in accordance with the confidentiality and non-use provisions of this Agreement, and shall cause its accounting firm to enter into an acceptable confidentiality agreement with the audited Party obligating it to retain all such Confidential Information in confidence pursuant to such confidentiality agreement.

  • Records; Audit The Contractor shall maintain during the term of the contract all books of account, reports and records in accordance with generally accepted accounting practices and standards for records directly related to this contract. The Contractor agrees to make available to the City Auditor or the City Auditor’s designee, during normal business hours and in Broward, Miami-Dade or Palm Beach Counties, all books of account, reports, and records relating to this contract. The Contractor shall retain all books of account, reports, and records relating to this contract for the duration of the contract and for three years after the final payment under this Agreement, until all pending audits, investigations or litigation matters relating to the contract are closed, or until expiration of the records retention period prescribed by Florida law or the records retention schedules adopted by the Division of Library and Information Services of the Florida Department of State, whichever is later.

  • SAO AUDIT A. The state auditor may conduct an audit or investigation of any entity receiving funds from the state directly under the Contract or indirectly through a subcontract under the Contract. The acceptance of funds directly under the Contract or indirectly through a subcontract under the Contract acts as acceptance of the authority of the state auditor, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. Under the direction of the legislative audit committee, an entity that is the subject of an audit or investigation by the state auditor must provide the state auditor with access to any information the state auditor considers relevant to the investigation or audit. B. Grantee shall comply with any rules and procedures of the state auditor in the implementation and enforcement of Section 2262.154 of the Texas Government Code.

  • Accounts and Records The accounts and records maintained by ALPS shall be the property of the Fund. ALPS shall prepare, maintain and preserve such accounts and records as required by the 1940 Act and other applicable securities laws, rules and regulations. ALPS shall surrender such accounts and records to the Fund, in the form in which such accounts and records have been maintained or preserved, promptly upon receipt of instructions from the Fund. The Fund shall have access to such accounts and records at all times during ALPS’ normal business hours. Upon the reasonable request of the Fund, copies of any such books and records shall be provided by ALPS to the Fund at the Fund’s expense. ALPS shall assist the Fund, the Fund’s independent auditors, or, upon approval of the Fund, any regulatory body, in any requested review of the Fund’s accounts and records, and reports by ALPS or its independent accountants concerning its accounting system and internal auditing controls will be open to such entities for audit or inspection upon reasonable request. ALPS or its undersigned as defined by Rule 17a-4 of the Securities and Exchange Act (the “Exchange Act”), shall have access to all electronic communications, including password access to the system storing the electronic communications, of registered representatives of ALPS that are associated with the Fund and are required to be maintained under Rule 17a-4 of the Exchange Act and FINRA Rules 3110 and 3010. Electronic storage media maintained by the Fund will comply with Rule 17a-4 of the Exchange Act.