Common use of Audit Notice Clause in Contracts

Audit Notice. The Auditing Party shall give the Audited Party at least 2 Business Days notice of its intention to carry out an audit under clause 9.1. A notice under this clause 9.2 must include the following information: the nature of the audit; the names and offices of the Representatives appointed by the Auditing Party to conduct the audit on behalf of the Auditing Party; and the time or times at which the audit shall commence. Conduct of Audit Audits must occur at the location at which the relevant information is maintained by the Audited Party. The Audited Party must provide the Representatives of the Auditing Party conducting the audit with such access to all relevant documentation, data and records or systems of the Audited Party as is reasonably necessary for the Auditing Party Representatives to conduct the audit. Inspections Right to Inspect Subject to clause 10.2 and 10.3, a Party (in this clause 10 called the “Inspecting Party”) may inspect all or any of the Facilities of the other Party (in this clause 10 called the “Inspected Party”) solely to determine compliance by the Inspected Party with its obligations under this Agreement. Inspection Notice The Inspecting Party must give the Inspected Party at least 10 Business Days prior notice of its intention to carry out any inspection under clause 10.1. Such notice must include the following information: the names and offices of the Representatives who will conduct the inspection on behalf of the Inspecting Party; and the time when the inspection will commence and the expected time when the inspection will conclude. Conduct of Inspection The Inspecting Party must not carry out any inspection under clause 10.1 within 6 months of the previous inspection (unless required to confirm any corrective or augmentation Works have been satisfactorily completed). Any inspection under clause 10.1 will be for so long as reasonably necessary but in no event longer than 24 hours. Obligations During Inspection At any time when the Inspecting Party or its Representatives are carrying out an inspection in accordance with clause 10.1, the Inspecting Party must ensure that its Representatives comply with the obligations of the Accessing Party in clause 7.4. Force Majeure Effect on Performance of Obligation Subject to clause 11.2(b) and to a Party's compliance with its obligations under clause 11.3(a), if and to the extent a Party is unable wholly or in part to perform on time and as required any obligation (except an obligation to pay money) under this Agreement by reason of the occurrence of an Event of Force Majeure (in this clause 11 called the “Affected Party”), that obligation (in this clause 11 called the “Affected Obligation”) will be suspended.