Common use of Aggregate Equipment Price Clause in Contracts

Aggregate Equipment Price. Contractor shall maintain the Aggregate Equipment Price and reasonable supporting documentation (which shall include the description and the sales price of such Equipment) for those items of Equipment identified in an Owner provided list at its principal office location at 0000 Xxxx Xxx Xxxxxxxxx in Houston, Texas. Upon five (5) Business Days advance notice from Owner to Contractor, Contractor shall provide Owner, its Affiliates and their respective auditors and the auditors of any applicable Governmental Instrumentalities access to such reasonable supporting documentation during regular business hours to review such reasonable supporting documentation. Contractor shall update the Aggregate Equipment Price and such reasonable supporting documentation to reflect Change Orders. Owner shall have sole responsibility for determining which items of Equipment qualify for the manufacturing exemption from Texas Sales and Use Tax.