Common use of Inspections and Audit Clause in Contracts

Inspections and Audit. The Licensor will have the right at any time without notice to the Representative during the Term or a Renewal Term and for a period of twelve (12) months after the expiration of the Term and all the Renewal Terms by itself or through its authorised Representative to inspect and audit and take copies of all the books of account and statements, documents, returns, papers and files of the Representative relating in any way to the business conducted by the Representative at the location where those books and records are kept. The Licensor may nominate an auditor to examine the books and records and computer equipment and software used by the Representative.

Inspections and Audit. The Licensor will shall have the right at any time without notice to the Representative during the Term or a Renewal Term and for a period of twelve (12) months after the expiration of the Term and all the Renewal Terms by itself or through its authorised Representative to inspect and audit and take copies of all the books of account and statements, documents, returns, papers and files of the Representative relating in any way to the business conducted by the Representative at the location where those books and records are kept. The Licensor may nominate an auditor to examine the books and records and computer equipment and software used by the Representative.