Information and Records Clause Samples
The Information and Records clause establishes the obligations of parties regarding the handling, maintenance, and access to documents and data generated or exchanged under the agreement. Typically, it requires parties to keep accurate and complete records related to their performance, and may specify how long such records must be retained and under what circumstances they must be made available for inspection or audit. This clause ensures transparency and accountability, helping to resolve disputes and verify compliance with contractual terms.
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Information and Records. (a) Lessee shall promptly furnish to Lessor all such information as Lessor may from time to time reasonably request regarding the Aircraft or any part thereof, its use, registration, location and condition. In addition, Lessee shall, on each Maintenance Payments Date and the Termination Date, furnish to Lessor a monthly maintenance status report substantially in the form of Schedule 5.
(b) Lessee shall keep, or procure that there are kept, (i) the Aircraft Documents and shall keep as part thereof accurate, complete and current records of all flights made by the Aircraft during the Term, including all Flight Hours and Cycles of the Airframe, each Engine and the Parts, and of all maintenance and repairs carried out on the Aircraft and each Engine and every Part and (ii) historical records for condition monitored, hard time and life-limited Parts (including tags from the manufacturer of such Part or a repair facility which evidence that such Part is new or overhauled and establish authenticity, total time in service and time since overhaul for such Part). Such Aircraft Documents and historical records referred to in subclause (ii) shall be kept for the duration of the Term and maintained in English and in such manner, form and location as the Aviation Authority and any applicable law may from time to time require and the Aircraft Documents shall disclose the location of all Engines and Parts not installed on the Aircraft. In addition, the Aircraft Manuals shall be kept in such manner, form and location as the FAA may require to the extent that the requirements of the FAA do not conflict with the requirements of the Aviation Authority. Except as required by applicable law, the Aircraft Documents and historical records referred to in subclause (ii) shall be the property of Lessor. Lessee may maintain all Aircraft Documents (or any subset thereof) in electronic format, provided, that Lessee shall send to Lessor all hard copies of all such Aircraft Documents.
(c) Lessee shall promptly on becoming aware of the same notify Lessor of:
(i) any Total Loss with respect to the Aircraft, the Airframe or any Engine;
(ii) any loss, theft, damage or destruction to the Aircraft or any part thereof if (A) the potential cost of repairs or replacement may exceed the Damage Notification Threshold or its equivalent in any other currency, or (B) Lessee is required to report the same to the Aviation Authority;
(iii) any loss, arrest, hijacking, confiscation, seizure, requisition, i...
Information and Records. The Supplier must:
a. keep and maintain Records in accordance with prudent business practice and all applicable laws
b. make sure the Records clearly identify all relevant time and Expenses incurred in providing the Goods
c. make sure the Records are kept safe and are easy to access
d. give information to the Buyer relating to the Goods that the Buyer reasonably requests, in a format that is usable by the Buyer, and within a reasonable time of the request e. co-operate with the Buyer to provide information promptly if the information is required by the Buyer to comply with an enquiry, or its statutory, parliamentary or other reporting obligations
Information and Records. The Company shall keep accurate and complete information and records as required by the Act at its principal office (the “Company Records”). The Company shall prepare and maintain its financial reports and records in accordance with generally accepted accounting principles, applied on a consistent basis.
Information and Records. The Administration shall cooperate with a Grievant in the investigation of a Grievance. Upon request, the Administration shall provide a Grievant, as legally permissible, with relevant and available information or documentation. The District reserves the right to require that the Grievant complete a public records request prior to fulfilling a request for records and reserves the right to redact records in accordance with applicable laws.
Information and Records. The Information and Records are true and accurate in all material respects, and Seller will transfer to Purchaser at or after the Closing all Information and Records in their existing form.
Information and Records. The Company shall keep accurate and complete information and records at its principal office (the "Company Records").
Information and Records. (a) Prior to the Closing, Seller will provide or cause to be provided to Purchaser and its agents, on a no notice basis, (i) full access to all books, records, documents or information reasonably relating to the Project; and (ii) such access to the Project and all individuals who regularly work at or in support of the Project, in each case at Purchaser's sole cost, risk and expense, as Purchaser may request for any reasonable purpose, including for purposes of verifying the accuracy of Seller's representations and warranties as set forth in ARTICLE 4, confirming Seller's compliance with its obligations under this Agreement or any Ancillary Agreement, evaluating the quality and sufficiency of the performance of the operations and maintenance of the Project, evaluating the condition, operations and operating characteristics of the Purchased Assets, supporting the consummation of the Transactions or the safe and efficient transfer of the operations of the Project or making or conducting any surveys, assessments, inspections or tests that Purchaser considers reasonably necessary to verify the satisfaction of any of the conditions set forth in ARTICLE 8 or otherwise reasonably necessary. Seller acknowledges that such inspections and tests may include boundary and other surveys of the Immovable Property (or any portion thereof), soil tests and borings and other engineering studies, environmental tests and assessments, and inspections for purposes of determining or verifying the location and adequacy of utilities and other improvements; provided that in no event shall Purchaser unreasonably interfere with Seller's operation of the Project. Seller further acknowledges that, in connection with such inspections and tests, Purchaser may contact any Governmental Authority having jurisdiction over Seller, any of its Affiliates or any of the Purchased Assets as part of Purchaser's due diligence investigation with respect to the Project. Seller hereby consents to any such contact.
(b) Without limiting the generality of the foregoing, Seller will provide Purchaser an office at the Project reasonably satisfactory to Purchaser sufficient to accommodate two (2) individuals on a daily basis and equipped with the equipment and supplies appropriate for Purchaser's use thereof for the exercise of its rights pursuant to this Section and reasonably satisfactory to Purchaser.
(c) Without limiting the generality of the foregoing, Seller shall provide Purchaser with access to informa...
Information and Records. 1. All information contained in the Repository shall be considered public information. NIC INSURANCE FILINGS shall own the format of all records contained in the Repository and all working papers and records prepared for NIC INSURANCE FILINGS by FILING AGENT. The information, data, and records contained in the Repository shall not be considered records of FILING AGENT. NIC INSURANCE FILINGS may provide access to and/or disseminate information from the Repository to entities it deems appropriate. Any forms, procedures, software, worksheets, checklists and other processes developed by NIC INSURANCE FILINGS to perform the services required under this Agreement are the property of NIC INSURANCE FILINGS and not considered the records of FILING AGENT. Upon termination of this Agreement and payment of any outstanding fees, NIC INSURANCE FILINGS will provide copies of FILING AGENT records upon written request. NIC INSURANCE FILINGS reserves the right to pre-▇▇▇▇ for preparation of any copies requested.
2. Any confidential information, including but not limited to general business data, business information, technical information, legal information, specifications, forms, computer programs and documentation, whether furnished in written, oral, or electronic form, or otherwise ("Confidential Information"), owned and furnished by either party ("Furnishing Party") to the other party hereunder or in contemplation hereof shall remain the property of the Furnishing Party. All copies of such Confidential Information in written, graphic, or other tangible form, including computer systems discs and tapes, shall be returned to the Furnishing Party upon request at any time. Unless such Confidential Information is supplied free of any obligation of confidentiality, or has been or subsequently enters the public domain (without fault of the party to which it is furnished), the Confidential Information shall be kept confidential by the party to which furnished and shall be used only to fulfill the purposes of the Agreement or upon such terms as may be agreed upon in writing by the Furnishing Party. NIC INSURANCE FILINGS shall take all reasonable and necessary precautions to prevent the disclosure of any Confidential Information.
3. Notwithstanding the foregoing, if any law or legal process requires disclosure of Confidential Information, and in NIC INSURANCE FILINGS’ opinion NIC INSURANCE FILINGS is required to disclose any Confidential Information or stand liable for contempt or...
Information and Records. All books, records, files and papers, whether in hard copy, computer format or other electronic format, to the extent used or held for use in the Business, including sales and promotional literature, manuals and data, sales and purchase correspondence, lists of present and former suppliers and lists of present and former customers (the “Information and Records”); provided, that, notwithstanding anything to the contrary in this Section 2.1(e), the term “Information and Records” shall be deemed not to include (i) any information or records which constitute “Technology” (except to the extent transferred pursuant to Section 2.1(g)), (ii) any Proceeding files or Contract files other than files related to the Purchased Contracts or (iii) the portion of any information or records related to an Excluded Asset or Retained Obligation; and further provided, that (A) the Sellers shall be entitled to retain copies of the Information and Records; and (B) if any particular record of any Seller contains both information to be transferred to the Purchasers pursuant to this Section 2.1(e) and other information, then such Seller can, at its option, either (1) provide a copy of such record to the Purchasers subject to the Purchasers’ obligations contained herein to keep such other information confidential or (2) create a new record that separates out the information to be transferred to the Purchasers pursuant to this Section 2.1(e) and provide a copy of such new record to the Purchasers;
Information and Records. (a) Each Party shall maintain complete, current and accurate records of all work conducted by it under the Research Plan and any Development Plan, including all data and other Know-How resulting from such work. Such records shall fully and properly reflect all work done and results achieved in the performance of the Research Plan and Development Plan in sufficient detail and in good scientific manner appropriate for patent and regulatory purposes. Each Party shall have the right to review such records maintained by the other Party at reasonable times, upon written request. Each Party shall provide written reports to the JSC on its Research, Development and regulatory activities with the Product pursuant to the applicable Research Plan and Development Plan on an annual basis at the end of each calendar year, at a level of detail reasonably sufficient to enable the other Party to determine the reporting Party’s compliance with its Commercially Reasonable Efforts obligations under Section 4.1.
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