Common use of The Producer Clause in Contracts

The Producer. in case of submitting a request for inclusion in the most favorable financial contributions due to ecological design of the EEE placed on the Greek market, must submit through the electronic platform of the System (PSAE), in a field that will be clearly identified during the submission of the periodic statement of EEE placed in the market, the necessary justification documents that meets the required conditions as set out in Annex D. 5.1 The Scheme reserves the right to proceed to audit - either by its own auditors either by assigning this task to an audit firm of his choice – the financial data and statements of the Producer to verify the truth and accuracy of the relevant information declared by the Producer. The Producer, when working with an audit firm of his choice, may sent to the Scheme the Certificate of chartered auditors of the (financial year) use for which special audit of financial statements and data is being processed and this will be accepted by the Scheme. 5.2 The above paragraph doesn’t exempt the debtor Producer from the obligation to cooperate during an extraordinary sampling audit required by the Scheme in order to certify the truth and accuracy of the financial data and statements declared by the Producer. 5.3 This audit is agreed strictly confidential. 5.4 The auditors’ costs and fees shall be borne exclusively by the Scheme. 5.5 In case of denouncement of the present, the Scheme may proceed to the audit of the financial data and statements of the Producer related to the purpose of the present before the advent of the results of the denouncement. 5.6 The Scheme, pursuant to the Article 12 par. 15 of Law 4819/2021 as well the terms of its operational approval, is required to check whether the producer complies with the terms of the contract for membership of the AMCS. At the same time HRA, as the competent supervisory authority of Alternative Management Systems, organizes and