Common use of Auditing and Reporting Clause in Contracts

Auditing and Reporting. 6.1 The Downstream Partner shall maintain and keep full, proper, separate accounts and financial records detailing its expenditure in relation to the Sub-project. 6.2 The Downstream Partner shall: (a) during the Term allow the Partner and/or its auditors and any other authorised representatives by the Partner access to all and any information relating to the Sub-project during normal business hours on reasonable notice to inspect and where necessary to copy such accounts and records (including bank statements); and (b) within thirty (30) days of any request by the Partner, the Downstream Partner shall provide to the Partner, any financial and non-financial statements and reports necessary for the Partner to fulfil its obligations to the Funding Body.

Auditing and Reporting. 6.1 The Downstream Partner shall maintain and keep full, proper, separate accounts and financial records detailing its expenditure in relation to the Sub-project. 6.2 . The Downstream Partner shall: (a) : during the Term allow the Partner and/or its auditors and any other authorised representatives by the Partner access to all and any information relating to the Sub-project during normal business hours on reasonable notice to inspect and where necessary to copy such accounts and records (including bank statements); and (b) and within thirty (30) days of any request by the Partner, the Downstream Partner shall provide to the Partner, any financial and non-financial statements and reports necessary for the Partner to fulfil its it’s obligations to the Funding Body.

Auditing and Reporting. 6.1 The Downstream Partner shall maintain and keep full, proper, separate accounts and financial records detailing its expenditure in relation to the Sub-project. 6.2 The Downstream Partner shall: (a) during the Term allow the Partner and/or its auditors and any other authorised representatives by the Partner access to all and any information relating to the Sub-project during normal business hours on reasonable notice to inspect and where necessary to copy such accounts and records (including bank statements); and (b) within thirty (30) days of any request by the Partner, the Downstream Partner shall provide to the Partner, any financial and non-financial statements and reports necessary for the Partner to fulfil its it’s obligations to the Funding Body.