Common use of Audit and Inspection Right Clause in Contracts

Audit and Inspection Right. (a) Upon reasonable notice from the Managed Entity, Manager shall provide to the Managed Entity and its internal and external auditors, inspectors, advisors, and such other representatives as such parties may designate from time to time, access to Manager’s locations during normal business hours for the purposes of performing audits and inspections relating to the Services, including access to: (i) the parts of a facility at or from which Manager is providing the Services; (ii) Manager’s personnel who are providing the Services; (iii) all Documentation relating to the Services; (iv) all physical assets that belong to or are charged to the Managed Entity; to examine Manager’s performance of the Services under this Agreement. Manager shall provide full co-operation and assistance to any such entity exercising the right of audit and inspection hereunder and to its internal and external auditors, inspectors and designated representatives as may reasonably be required. (b) The Managed Entity shall be responsible for any additional costs or expenses reasonably incurred by Manager in connection with any audits or inspections conducted as provided for hereunder.

Audit and Inspection Right. (a) Upon reasonable notice from the Managed EntityIssuer, Manager the Company shall provide to the Managed Entity Issuer and its internal and external auditors, inspectors, advisors, and such other representatives as such parties may designate from time to time, access to Managerthe Company’s locations during normal business hours for the purposes of performing audits and inspections relating to the Services, including access to: (i) the parts of a facility at or from which Manager the Company is providing the Services; (ii) Managerthe Company’s personnel who are providing the Services; (iii) all Documentation relating to the Services; (iv) all physical assets that belong to or are charged to the Managed EntityIssuer; to examine Managerthe Company’s performance of the Services under this Agreement. Manager The Company shall provide full co-operation and assistance to any such entity exercising the right of audit and inspection hereunder and to its internal and external auditors, inspectors and designated representatives as may reasonably be required. (b) The Managed Entity the Issuer shall be responsible for any additional costs or expenses reasonably incurred by Manager the Company in connection with any audits or inspections conducted as provided for hereunder.