Record Keeping and Audits Clause Samples

Record Keeping and Audits. The Contractor shall compile, maintain, and make available for inspection all records relating to the services to be provided under this Contract. These records shall be subject to inspection by the County or designated auditor. The County shall have the right to audit ▇▇▇▇▇▇▇▇ both before and after payment; payment under this Contract shall not foreclose the right of the County to be reimbursed any excessive or illegal payment amounts made to the Contractor during the term of this Contract. Pursuant to State of New Mexico General Records Retention requirements, Contractor will retain all original, source and supporting documents and records related to this contract for a minimum of six (6) years after the ending date of this contract.

Record Keeping and Audits. 5.1 Generally 5.2 Reports and Certifications

Record Keeping and Audits. (a) Seller shall identify, create and safely retain full and detailed accounts and exercise all such controls as may be necessary or helpful for proper financial management, quality system management, documentation and compliance under this Purchase Order. Seller’s records, books, correspondence, instructions, drawings, receipts, subcontracts, purchase orders, vouchers, memoranda and other data related to this Purchase Order (“Records”) shall be preserved for a period of seven (7) years after final payment or for such longer period as may be required by law. (b) Seller shall retain quality and reliability records related to the Purchase Order for at least five (5) years from the date of the creation or longer as may be required by law. At a minimum, quality and reliability records shall include quality management system certifications, supplier approval and performance assessments, product final acceptance and reliability results, process/product change qualifications, returned material analysis and corrective actions reports, and so forth. (c) TI shall have the right to audit all of Seller’s Records (in whatever form they may be kept, whether written, electronic or other) and Seller’s operations related to this Purchase Order. Seller agrees to provide TI’s internal and external auditors with access to Seller’s offices and/or manufacturing locations and relevant records and physical items during normal business hours, for purposes of auditing Seller’s compliance with the terms of this Purchase Order. TI shall provide Seller with at least twenty-four (24) hours prior written notice of its intention to audit Seller. TI’s right to audit under this section shall also include subcontractors (which subcontractors must be approved by TI as provided below). Seller shall ensure that its agreements with its subcontractors include TI’s audit rights.

Record Keeping and Audits. (a) Seller shall identify, create and safely retain full and detailed accounts and exercise all such controls as may be necessary or helpful for proper financial management, documentation and compliance under this Purchase Order. Seller’s records, books, correspondence, instructions, drawings, receipts, subcontracts, purchase orders, vouchers, memoranda and other data related to this Purchase Order (“Records”) shall be preserved for a period of three (3) years after final payment or for such longer period as may be required by law. (b) TI shall have the right to audit all of Seller’s Records (in whatever form they may be kept, whether written, electronic or other) and Seller’s operations related to this Purchase Order. Seller agrees to provide TI’s internal and external auditors with access to Seller’s offices and/or manufacturing locations and relevant records and physical items during normal business hours, for purposes of auditing Seller’s compliance with the terms of this Purchase Order. TI shall provide Supplier with twenty-four (24) hours prior written notice of its intention to audit Supplier. TI’s right to audit under this section shall also include subcontractors (which subcontractors must be approved by TI as provided below). Seller shall ensure that its agreements with its subcontractors include TI’s audit rights.

Record Keeping and Audits. Client shall account for the Contributions and their use and shall keep good and valid records of such accounts in accordance with GAAP at all times. Client shall make such records, including receipts for expenditure of the Contributions and all related books, payrolls, accounts, invoices, receipts and other vouchers, available, at all times upon reasonable notice, to the Administrators, the Funders and their agents (including Ontario’s Provincial Auditor and the Auditor General of Canada) for inspection, auditing and the making of copies thereof. Such records shall be maintained by Client for a period of time no less than four years beyond the expiration of the Term.

Record Keeping and Audits. CNC shall maintain complete and ------------------------- accurate books, records and accounts relating to the CNC Services and Internet Services to support and document all charges, ▇▇▇▇▇▇▇▇, ▇▇▇▇-up amounts, and credits, in accordance with standard accounting principles consistently applied with respect to prior periods. Intuit's representatives, including any independent auditor or accounting organization retained by Intuit, shall have access to such books, records and accounts, upon reasonable notice to CNC, for purposes of reviewing, verifying and copying such books, records and accounts. Intuit shall have the right to demand such an audit up to two times in any given 12 month period. If such an audit discloses an under calculation in excess of five percent (5%) of the amount payable to Intuit, then CNC shall bear the cost of such examination, and shall promptly correct the calculation of amounts payable and pay any underpaid amount, plus interest for delinquent payments as set forth in Section 4.3.2.1 from the date such amount was due and payable.

Record Keeping and Audits a. The facility must maintain complete and accurate records of all solid waste received, processed, stored, or transferred at the facility, regardless of the point of generation. These records include the information specified in Metro’s reporting instructions document titled, Reporting Requirements and Data Standards for Metro

Record Keeping and Audits. Licensee shall keep and shall cause its Affiliates and Sublicensees to keep books and accounts of record in connection with the sale of the Recro Product and in sufficient detail to permit accurate determination of all figures necessary for verification of milestone payments and royalties to be paid hereunder. Such books and records (including, for the purpose of clarity, also the relevant books and records of any Licensee Affiliate or Third Party Sublicensee) shall be made available upon Orion’s reasonable request for inspection by Orion’s independent auditors that are reasonably acceptable to Licensee. Such auditors must have agreed in writing to maintain all information learned in confidence, except as necessary to disclose to Orion such compliance or noncompliance by the Licensee. Licensee and its Affiliates shall maintain such records for a period of at least five (5) years after the end of the period for which they were generated, or longer if required by law or regulation.

Record Keeping and Audits. Host Organization shall account for the Contributions and their use and shall keep good and valid records of such accounts in accordance with GAAP at all times. Host Organization shall make such records, including receipts for expenditure of the Contributions and all related books, payrolls, accounts, invoices, receipts and other vouchers, available, at all times upon reasonable notice, to CABHI, the governments of Ontario and Canada and their agents (including Auditors) for inspection, auditing and the making of copies thereof. Such records shall be maintained by Host Organization for a period of time no less than seven years beyond the Start Date.