Common use of Inspection, Access and Testing Clause in Contracts

Inspection, Access and Testing. At scheduled times and intervals to be agreed upon by the parties, each of Century and Pechiney shall: (i) permit either the other party or, at such other party's option, independent public accountants mutually acceptable to the parties, to inspect the books and records of such other party relating to the Shared Services furnished pursuant to this Agreement, provided that such inspection and audit shall be conducted for the sole purpose of determining whether the costs charged have been assessed in accordance with the terms of this Agreement and the Further Agreements, and the cost of such inspection shall be borne by the requesting party; and (ii) permit the other party or any of such other party's agents or representatives to visit its Site in order to: (A) consult with those agents of the requested party 10 designated by such party regarding Shared Services to be provided hereunder and the Further Agreements, and (B) require that meter calibration and/or other tests be conducted to verify the accuracy of equipment used to determine the quantity or quality of Shared Services provided hereunder and the Further Agreements, provided that: (y) no party shall be entitled to require meter calibration and/or other tests permitted by clause (B) above any more frequently than every thirty (30) days; and (z) each party shall cause its employees, agents and representatives to comply with all of the other party's rules and regulations pertaining to security, safety and property protection and follow the route or routes designated by such party.

Appears in 1 contract

Sources: Shared Facilities and Services Agreement (Century Aluminum Co)

Inspection, Access and Testing. At scheduled times and intervals to be agreed upon by the parties, each of Century and Pechiney Southwire shall: (i) permit either the other recipient party or, at such other party's option, independent public accountants mutually acceptable to the parties, to inspect the books and records of such other the providing party relating to the Shared Services furnished pursuant to this Agreement, provided that such inspection and audit shall be conducted for the sole purpose of determining whether the costs charged have been assessed in accordance with the terms of this Agreement and the Further AgreementsAgreement, and the cost of such inspection shall be borne by the requesting party; and (ii) permit the other recipient party or any of such other party's its agents or representatives to visit its Site in order to: (A) consult with those agents of the requested providing party 10 designated by such party regarding Shared Services to be provided hereunder and the Further Agreementshereunder, and (B) require that meter calibration and/or other tests be conducted to verify the accuracy of equipment used to determine the quantity or quality of Shared Services provided hereunder and the Further Agreementshereunder, provided that: (yx) no the recipient party shall not be entitled to require meter calibration and/or other tests permitted by clause (B) above any more frequently than every thirty ninety (3090) days; and (zy) each party shall cause its employees, agents and representatives to comply with all of the other party's rules and regulations pertaining to security, safety and property protection and follow the route or routes designated by such partyparty and (z) the recipient party or its agents must provide not less than twenty-four (24) hours' advance notice to the providing party and all employees of the recipient party must be accompanied by a supervisor.

Appears in 1 contract

Sources: Shared Services Agreement (Century Aluminum Co)