Common use of Audit and Maintenance of Records; Reporting Clause in Contracts

Audit and Maintenance of Records; Reporting. Notwithstanding the payment by any member of the Company Group of any Costs and Expenses (as defined below) or Services Fees (as defined below), the Company shall have the right to review and contest the charges. For a period of one year from its receipt of any invoice under Article 4, the Company shall have the right, upon reasonable notice, at reasonable times and at the Company’s sole expense, to inspect, review and audit all the records, books, reports, data and processes related to the Services performed by Provider to ensure Provider’s compliance with the terms of this Agreement. If any such information is confidential, the Parties shall execute a mutually acceptable confidentiality agreement prior to such inspection or audit.

Appears in 4 contracts

Samples: Master Services Agreement (Transocean Partners LLC), Master Services Agreement (Transocean Partners LLC), Master Services Agreement (Transocean Partners LLC)

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