Common use of Recordkeeping and Audit Rights Clause in Contracts

Recordkeeping and Audit Rights. Supplier will maintain (and provide to Buyer upon request) relevant accounting records to support invoices under this Agreement and proof of required permits and professional licenses, for three (3) years following completion or termination of the relevant SOW. All accounting records will be maintained in accordance with generally accepted accounting principles.

Appears in 1 contract

Sources: Technical Services Agreement (Netgenics Inc)

Recordkeeping and Audit Rights. Supplier will maintain (and provide to Buyer upon requestreasonable notice and frequency to Supplier) relevant accounting records to support invoices under this Agreement and proof of required permits and professional licenses, for three (3) years following completion or termination of the relevant SOW. All accounting records will be maintained in accordance with generally accepted accounting principles.

Appears in 1 contract

Sources: Goods Agreement (Brocade Communications Systems Inc)