ASSESSMENT AND INSPECTION Sample Clauses

ASSESSMENT AND INSPECTION. 2.1 Assessment and Inspection at Customer’s premises 2.1.1 AIRBUS or its agent, shall be entitled to assess the Initial Buy-Back Items at the Customer’s premises, at any time prior to the Buy-Back Date (the “Assessment”) at its own costs and expense. 2.1.2 The Parties acknowledge that a portion of the Initial Buy-Back Items, which shall be listed and notified in writing by the Customer to AIRBUS on or before the Assessment date, may not be available in the Customer’s warehouse at the time of Assessment, as some of these Buy-Back Items may be in transit or undergoing a repair in another location. Such Buy-Back Items as well as all the other Buy-Back Items shall be subject to an inspection to be performed by AIRBUS or its agent (the “Inspection”). 2.1.3 AIRBUS or its agent shall be granted access to the Customer’s facilities and the Customer shall keep all the Buy-Back Items in a segregated and secured area with restricted access to AIRBUS or its agent. 2.1.4 Following the Assessment and/or the Inspection, AIRBUS shall be entitled to modify the Initial Buy-Back Items List and replace it by a revised and final list of items to be actually purchased by AIRBUS (the “Final Buy-Back items”). The Final Buy-Back Items must be located by the Customer at the Main Base prior to such purchase by AIRBUS. 2.1.5 In this event, AIRBUS shall be entitled to purchase from a third party, similar items to the Initial Buy-Back Items which are not part of the Final Buy-Back Items (the “Complementary Non Buy-Back Items”). [*****] Confidential material redacted and filed separately with the Securities and Exchange Commission. Airbus FHS Agreement — [*****] Page 109 of 117 [*****] 2.2 Indemnification related to the performance of the Assessment and the Inspection The provisions of Clause 15.1 of the Agreement shall apply to the performance of the Assessment and to the performance of the Inspection. 2.3 Customer quality obligations 2.3.1 The Customer must comply with the following obligations: a) The Customer shall have good, valid, legal and marketable title to the Buy-Back Items and shall deliver to AIRBUS title to the Items free and clear of any and all encumbrances and claims; b) All Buy-Back Items shall be in serviceable condition and shall not be subject to technical obsolescence, due to a change of design or arising from change due to any applicable Airworthiness Authority requirement including but not limited to an Airworthiness Directive or national regulation requirement; c...
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Related to ASSESSMENT AND INSPECTION

  • Audit and Inspection 9.1 The Recipient, without charge, will permit any officer or officers of the Commissioner, external auditing bodies (i.

  • Tests and Inspections § 15.5.1 Tests, inspections and approvals of portions of the Work shall be made as required by the Design-Build Documents and by applicable laws, statutes, ordinances, codes, rules and regulations or lawful orders of public authorities. Unless otherwise provided, the Design-Builder shall make arrangements for such tests, inspections and approvals with an independent testing laboratory or entity acceptable to the Owner, or with the appropriate public authority, and shall bear all related costs of tests, inspections and approvals. The Design-Builder shall give the Owner timely notice of when and where tests and inspections are to be made so that the Owner may be present for such procedures. The Owner shall bear costs of (1) tests, inspections or approvals that do not become requirements until after bids are received or negotiations concluded, and (2) tests, inspections or approvals where building codes or applicable laws or regulations prohibit the Owner from delegating their cost to the Design-Builder. § 15.5.2 If the Owner determines that portions of the Work require additional testing, inspection or approval not included under Section 15.5.1, the Owner will instruct the Design-Builder to make arrangements for such additional testing, inspection or approval by an entity acceptable to the Owner, and the Design-Builder shall give timely notice to the Owner of when and where tests and inspections are to be made so that the Owner may be present for such procedures. Such costs, except as provided in Section 15.5.3, shall be at the Owner’s expense. § 15.5.3 If such procedures for testing, inspection or approval under Sections 15.5.1 and 15.5.2 reveal failure of the portions of the Work to comply with requirements established by the Design-Build Documents, all costs made necessary by such failure shall be at the Design-Builder’s expense. § 15.5.4 Required certificates of testing, inspection or approval shall, unless otherwise required by the Design-Build Documents, be secured by the Design-Builder and promptly delivered to the Owner. § 15.5.5 If the Owner is to observe tests, inspections or approvals required by the Design-Build Documents, the Owner will do so promptly and, where practicable, at the normal place of testing. § 15.5.6 Tests or inspections conducted pursuant to the Design-Build Documents shall be made promptly to avoid unreasonable delay in the Work.

  • Audits and Inspections At any time during normal business hours and as often as the City may deem necessary, Service Provider shall make available to the City for the City’s examination all of Service Provider’s records and documents with respect to all matters covered by this Agreement and, furthermore, Service Provider will permit the City to audit, examine and make copies, excerpts or transcripts from such records, and to make audits of all contracts, invoices, materials, payrolls, records of personnel, conditions of employment and other data relating to all matters covered by this Agreement.

  • Visits and Inspections Permit representatives of the Administrative Agent or any Lender, from time to time upon reasonable prior notice to visit and inspect its properties; inspect and make extracts from its books, records and files, including, but not limited to, management letters prepared by independent accountants; and discuss with its principal officers, and its independent accountants, its business, assets, liabilities, financial condition, results of operations and business prospects.

  • Maintenance and Inspection Consultant shall maintain complete and accurate records with respect to all costs and expenses incurred under this Agreement. All such records shall be clearly identifiable. Consultant shall allow a representative of City during normal business hours to examine, audit, and make transcripts or copies of such records and any other documents created pursuant to this Agreement. Consultant shall allow inspection of all work, data, documents, proceedings, and activities related to the Agreement for a period of three (3) years from the date of final payment under this Agreement.

  • Records and Inspection The LLC shall maintain at its place of business the Articles of Organization, any amendments thereto, this Agreement, and all other LLC records required to be kept by the Act, and the same shall be subject to inspection and copying at the reasonable request, and the expense, of any Member.

  • ENTRY AND INSPECTION Lessee shall permit Lessor or Lessor's agents to enter upon the premises at reasonable times and upon reasonable notice, for the purpose of inspecting the same, and will permit Lessor at any time within sixty (60) days prior to the expiration of this lease, to place upon the premises any usual "To Let" or "For Lease" signs, and permit persons desiring to lease the same to inspect the premises thereafter.

  • RECORDS AND INSPECTIONS Consultant shall maintain full and accurate records with respect to all matters covered under this Agreement for a period of three years after the expiration or termination of this Agreement. City shall have the right to access and examine such records, without charge, during normal business hours. City shall further have the right to audit such records, to make transcripts therefrom and to inspect all program data, documents, proceedings, and activities.

  • TESTING AND INSPECTION 6.1 Pre-Commercial Operation Date Testing and Modifications.

  • Audit and Inspection of Records Contractor agrees to maintain and make available to the City, during regular business hours, accurate books and accounting records relating to its Services. Contractor will permit City to audit, examine and make excerpts and transcripts from such books and records, and to make audits of all invoices, materials, payrolls, records or personnel and other data related to all other matters covered by this Agreement, whether funded in whole or in part under this Agreement. Contractor shall maintain such data and records in an accessible location and condition for a period of not fewer than five years after final payment under this Agreement or until after final audit has been resolved, whichever is later. The State of California or any Federal agency having an interest in the subject matter of this Agreement shall have the same rights as conferred upon City by this Section. Contractor shall include the same audit and inspection rights and record retention requirements in all subcontracts.

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