Records and Right to Audit Sample Clauses

Records and Right to Audit. Whenever the City enters into any type of contractual arrangement including but not limited to lump sum contracts (i.e. fixed price or stipulated sum contracts), unit price, cost plus or time & material contracts with or without a guaranteed maximum (or not-to- exceed amounts), Contractor’s "records" shall upon reasonable notice be open to inspection and subject to audit and/or reproduction at during normal business working hours. The City’s representative or an outside representative engaged by City may perform such audits. The City or its designee may conduct such audits or inspections throughout the term of this contract and for a period of three years after final payment or longer if required by law. a. Contractor's "records" as referred to in this contract shall include any and all information, materials and data of every kind and character, including without limitation, records, books, papers, documents, subscriptions, recordings, agreements, purchase orders, leases, contracts, commitments, arrangements, notes, daily diaries, superintendent reports, drawings, receipts, vouchers and memoranda, and any and all other agreements, sources of information and matters that may in the City's judgment, have any bearing on or pertain to any matters, rights, duties or obligations under or covered by any Contract Document. Such records shall include (hard copy, as well as computer readable data if it can be made available), written policies and procedures; time sheets; payroll registers; cancelled checks; subcontract files (including bids of successful and unsuccessful respondents, bid recaps, etc.); original estimates; estimating work sheets; correspondence; change order files (including documentation covering negotiated settlements); back charge logs and supporting documentation; general ledger entries detailing cash and trade discounts earned, insurance rebates and dividends; and any other contractor records which may have a bearing on matters of interest to the City in connection with rite contractor's dealings with the City (all foregoing hereinafter referred to as "records") to the extent necessary to adequately permit evaluation and verification of: a) contractor compliance with contract requirements, b) compliance with the City's Charter and policies, and c) compliance with provisions for pricing change orders, invoices or claims submitted by the contractor or his payees. b. Contractor shall require all payees (examples of payees include subcontractors, i...

Records and Right to Audit. Dealer shall maintain complete and accurate records concerning any Purchased Contract and the related Vehicle and any other transactions associated with such Vehicle. Upon five (5) days’ notice, Dealer shall grant Avid the right to inspect Dealer’s records concerning all Purchased Contracts and any related Vehicles. Any inspection shall not unreasonably interfere with the ordinary course of Dealer’s business. Avid Dealer Agreement (▇▇▇▇▇▇-▇) ▇▇▇▇-▇▇▇▇-▇▇▇▇ v.9 4265401

Records and Right to Audit. Contractor shall maintain records sufficient to document completion of the scope of services established by the Contract Documents. These records shall be subject at all reasonable time to review, inspect, copy and audit by persons duly authorized by the City. These records shall be kept for a minimum of three (3) years after termination of the Contract. Records that relate to any litigation, appeals or settlements of claims arising from performance under this Contract shall be made available until a final disposition has been made of such litigation, appeals, or claims.

Records and Right to Audit a. District agrees to keep adequate records to satisfy the respective requirements of each of the Parties. County staff will participate in an evaluation of the RWCCS program. b. District agrees to provide to County or City, to any Federal or State department having monitoring or review authority, to County or City’s authorized representatives, and/or their appropriate audit agencies upon reasonable notice, access to and the right to examine all records and documents necessary to determine compliance with relevant Federal, State, and local statutes, rules and regulations, and this Agreement, and to evaluate the quality, appropriateness and timeliness of services performed pursuant to this Agreement. c. The right of privacy shall be guaranteed to the students and their families in accordance with the Family Rights and Privacy act, State or Federal law, federal grant guidelines and each Party’s respective procedures regarding confidentiality.

Records and Right to Audit. (a) Licensee shall, keep, maintain and preserve in its principal place of business during the Term, any renewal periods and at least three (3) years following termination or expiration, complete and accurate books, accounts, records and other materials covering all transactions related to this Agreement in a manner such that the information contained in the statements referred to in Paragraph 7 can be readily determined including, without limitation, customer records, invoices, correspondence and banking, financial and other records in Licensee's possession or under its control. PGA TOUR Licensing and/or its duly authorized representatives shall have the right to inspect and audit all materials related to this Agreement, which right to inspect and audit shall include the conduct of normal audit tests of additional Licensee records including those covering "non-licensed" sales to verify that they are not sales covered by this Agreement. In addition to the materials required by normal accounting practices, Licensee must retain detail of PGA TOUR licensed sales to the invoice number level for audit purposes, and invoices must indicate the PGA TOUR name beside each Licensed Article. (b) Such materials shall be available for inspection and audit (including photocopying) at any time during the Term, any renewal periods and at least three (3) years following termination or expiration during reasonable business hours and upon at least five (5) days notice by PGA TOUR Licensing and/or its representatives. Licensee will cooperate and will not cause or permit any interference with PGA TOUR Licensing and/or its representatives in the performance of their duties of inspection and audit. PGA TOUR Licensing and/or its representatives shall have free and full access to said materials for inspection and audit purposes. (c) Following the conduct of the audit, Licensee shall take immediate steps to timely resolve all issues raised therein, including payment of any monies owing and due. Should an audit indicate an underpayment of 10% or more or an underpayment of $20,000 or more of the royalties due PGA TOUR Licensing, the cost of the audit shall be paid by Licensee. Payment of the audit cost is in addition to the full amount of any underpayment including interest as provided in Paragraph 7(b), to be paid by Licensee. Licensee must cure any contract breaches discovered during the audit, provide amended reports if required, and submit the amount of any underpayment including i...

Records and Right to Audit. Erie Indemnity shall keep sufficient records for the express purpose of recording therein the nature and details of the management services and financial transactions performed for the Company pursuant to this Agreement. All books and records kept by Erie Indemnity that pertain to the management services and investment services performed by Erie Indemnity shall be owned by Erie Indemnity, but such books and records shall be maintained in a fiduciary capacity for the Company. The Company shall have the right to examine and audit, at the offices of Erie Indemnity at all reasonable times, all books and records of Erie Indemnity relating to any business which is the subject of this Agreement. This right shall survive termination of this Agreement and shall continue so long as either party has any rights or obligations under this Agreement.

Records and Right to Audit. (a) Licensee each shall keep, maintain and preserve in its principal place of business during the Term, any renewal periods and at least five (5) years following termination or expiration, complete and accurate books, accounts, records and other materials covering all transactions related to this Agreement in a manner such that the information contained in the statements referred to in Section 6 can be readily determined including, without limitation, customer records, invoices, correspondence and banking, financial and other records in Licensee's possession or under its control. Licensors may designate an independent auditor or auditors and such independent auditor or auditors shall have the right to inspect and audit all materials related to this Agreement, subject to the confidentiality requirements set forth in Section 23. (b) Such materials shall be available for inspection and audit (including photocopying) at any time during (i) the Term, and (ii) the period six (6) months immediately following Licensors receipt of its final payment due hereunder in the event of termination or expiration; however, such inspection or audit shall not occur more often than once every twelve (12) months during the Term, and shall take place during reasonable business hours and upon at least five (5) days notice by Licensors and/or their representatives. Licensee will cooperate and will not cause or permit any interference with Licensors and/or their representatives in the performance of their duties of inspection and audit. Licensors, and/or their representatives, shall have free and full access to said materials for inspection and audit purposes. (c) Should any audit indicate an underpayment of five percent (5%) or more of the Quarterly Gross Profit Payments due Licensors for the period since (i) the Commencement Date, or (ii) date of the last audit, whichever is later, the reasonable cost of the audit shall be paid by Licensee. Should any audit indicate an underpayment of ten percent (10%) or more, during the same period, Licensee shall pay Licensors an additional fee equal to ten percent (10%) of the underpayment. Payment of the audit cost and any additional fees is in addition to the full amount of any underpayment, including interest as provided in Section 6(b), shall be paid by Licensee if the results of such audit indicate an underpayment of ten percent (10%) or more. Licensee shall cure any contract breaches discovered during the audit, provide amended reports i...

Records and Right to Audit. Seller shall maintain, in accordance with generally accepted accounting principles, in separate accounts, a full, accurate and careful record of all information in connection with the sale of Products and/or Services to Buyer under the Agreement, including, without limitation, QA/QC records pertaining to Products and/or Services and shall also maintain a business continuity plan that addresses supply assurance to its customers. Seller shall retain and make available to Buyer upon request such records for a period of four (4) years after delivery and a copy of the business continuity plan upon request from Buyer. Buyer and its authorized agents and representatives shall have the right to audit such records during such four year time period. If any discrepancies are discovered during such audit, Seller shall refund to Buyer any excess amounts paid by Buyer. 5. ОТЧЕТНОСТЬ И ПРАВО НА ПРОВЕРКУ. Продавец ведет в соответствии с общепринятой практикой бухгалтерского учета на отдельных счетах полную и точную отчетность по всей информации, связанной с продажей Продуктов и/или Услуг Покупателю по Договору, включая, без ограничений, отчеты по обеспечению/контролю качества Продуктов и/или Услуг, а также план обеспечения непрерывности деятельности, который обеспечивает поставки для клиентов. Продавец сохраняет и по требованию предоставляет Покупателю доступ к таким отчетам за период четыре (4) года после осуществления поставки и копии плана обеспечения непрерывности деятельности, по требованию Покупателя. Покупатель и его уполномоченные агенты и представители имеют право провести аудиторскую проверку такой отчетности в течение такого четырехлетнего периода. При обнаружении расхождений в ходе такой аудиторской проверки Продавец возмещает Покупателю все излишне заплаченные последним суммы.

Records and Right to Audit. In order to support charges invoiced to ELECT, Supplier shall maintain accurate records and other evidence pertaining to the costs and expenses for all Licensed Services performed or delivered under this Contract. The records will be to the extent and in sufficient detail to properly reflect all direct and indirect costs associated with this Contract. In addition, Supplier shall maintain accurate records of the Licensed Services including, but not limited to, the “Uptime” and “