AUDIT OR EXAMINATION Sample Clauses

AUDIT OR EXAMINATION. 8.1 APRA may on 30 days’ notice to the Licensee audit or examine the Licensee’s books of account and other records to: (a) determine the correctness of any notice or payment under this agreement; or (b) in the case of a failure by the Licensee to provide information in accordance with clause 6, to obtain information required to be provided under that clause. 8.2 The Licensee must pay the cost of the audit or examination if it: (a) establishes that the information provided by the Licensee resulted in the amounts payable under this agreement being understated by more than 5%; or (b) is undertaken under clause 8.1(b).
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AUDIT OR EXAMINATION. Consultant shall keep all records of funds received from City and make them accessible for audit or examination for a period of three years after final payments are issued and other pending matters.
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AUDIT OR EXAMINATION. 9.1 MACP may on 14 days’ notice to the Applicant, audit or examine the Applicant’s books of account and other records to determine the accuracy of any report or payment under the Agreement. 9.2 After such examination where the licence fees under the Agreement is being understated, MACP is entitled to issue further invoice/tax invoice for the understated licence fees. 9.3 The Applicant agrees to pay the cost of the audit or examination if it is discovered that the information provided by the Applicant was inaccurate and resulted in the calculation of the licence fees under the Agreement being understated.
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AUDIT OR EXAMINATION. 10.1 APRA may on 14 days’ notice to the Licensee audit or examine the Licensee’s books of account and other records to: (a) determine the correctness of any notice or payment under this agreement; or (b) in the case of a failure by the Licensee to provide information in accordance with clause 4, to obtain information required to be provided under that clause. 10.2 The Licensee must pay the cost of the audit or examination if it: (a) establishes that the information provided by the Licensee resulted in the amounts payable under this agreement being understated by more than 5%; or (b) is undertaken under clause 10.1(b). 10.3 Any auditor appointed by APRA in accordance with clause 10.1 must be a nationally recognised third party accountant or auditor not being the auditor of a competitor of the Licensee or compensated on a contingency fee basis.
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AUDIT OR EXAMINATION. 7.1 AMCOS may on 30 days’ notice to the Licensee appoint an auditor to audit or examine the Licensee’s books of account and other relevant records to: (a) determine the correctness of any notice or payment under this agreement; or (b) in the case of a failure by the Licensee to provide information in accordance with clause 4, other than a failure to provide writer details under Schedule 2, to obtain information required to be provided under that clause. 7.2 The Licensee must pay the cost of the audit or examination if it: (a) establishes that the information provided by the Licensee resulted in the amounts payable under this agreement being understated by more than 5%; or (b) is undertaken under clause 7.1(b).
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AUDIT OR EXAMINATION. APRA may on 30 days’ notice to the Licensee appoint an auditor to audit or examine the Licensee’s books of account and other relevant records to:
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AUDIT OR EXAMINATION. 8.1 APRA, on behalf of the Licensors, may on 30 days’ notice to the Licensee audit or examine the Licensee’s books of account and other records to: (a) determine the correctness of any notice or payment under this agreement; or (b) in the case of a failure by the Licensee to provide information in accordance with clause 5, to obtain information required to be provided under that clause. 8.2 The Licensee must pay the cost of the audit or examination if the audit or examination: (a) establishes that the information provided by the Licensee resulted in the amounts payable under this agreement being understated by more than 5%; or (b) is undertaken under clause 8.1(b).
Sample 1
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AUDIT OR EXAMINATION. Consultant shall keep all records of funds received from City and make them accessible for audit or examination for a period of five years after final payments are issued and other pending matters are closed. (Los Angeles County Auditor-Controller Contract Accounting and Administration Handbook, Section 3.1)
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Related to AUDIT OR EXAMINATION

  • Field Examination The Administrative Agent or its designee shall have conducted a field examination of the Loan Parties’ Accounts, Inventory and related working capital matters and of the Borrower’s related data processing and other systems, the results of which shall be satisfactory to the Administrative Agent in its sole discretion.

  • Field Examination and Other Fees Subject to any limitations set forth in Section 5.7(c), Borrowers shall pay to Agent, field examination, appraisal, and valuation fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per examiner, plus out-of-pocket expenses (including travel, meals, and lodging) for each field examination of any Loan Party or its Subsidiaries performed by or on behalf of Agent, and (ii) the fees, charges or expenses paid or incurred by Agent if it elects to employ the services of one or more third Persons to appraise the Collateral, or any portion thereof.

  • Physical Examination The Employer, at its own expense, shall have the right and be given the opportunity to have a medical doctor appointed by the Employer examine, as often as it may reasonably require, any employee whose injury, sickness, mental or nervous disorder is the basis of claim upon this Plan.

  • Audit Findings Vendor shall implement any required safeguards as identified by Citizens or by any audit of Vendor’s privacy and security controls.

  • Eye Examinations All represented employees, who are health service system members, shall be eligible for one (1) annual VDT examination and prescribed eyewear.

  • Audit, Inspection and Visitation The Adviser shall make available to the Trust during regular business hours all records and other data created and maintained pursuant to the foregoing provisions of this Agreement for reasonable audit and inspection by the Trust or any regulatory agency having authority over the Trust.

  • Annual Physical Examination A permanent employee shall be granted up to one day per year with pay for the purpose of a comprehensive physical examination provided that the verification of such an examination is submitted to the District.

  • Field Examinations On no more than one occasion per every consecutive 24 month period following the most recent field examination date, the Loan Parties will permit, upon reasonable notice, the Administrative Agent to conduct a field examination to ensure the adequacy of Collateral included in any Borrowing Base and related reporting and control systems (with the time of such engagement determined at the discretion of the Administrative Agent, or as requested by the Required Lenders); provided that (I) the Company shall be permitted to instruct the Administrative Agent to conduct a field examination if as of any date the most recently completed field examination (or the most recently completed update thereof, if applicable) is more than one year old and (II) the Administrative Agent may conduct a field examination at the discretion of the Administrative Agent, or shall conduct a field examination at the request of the Required Lenders if (a) the date of the most recently completed field examination (or the most recently completed update thereof, if applicable) is more than one year old and (b) either (i) Loans have been outstanding within the three months preceding such date or (ii) LC Exposure within the three months preceding such date has been greater than $200,000,000 at any time. Notwithstanding the foregoing, in addition to the field examinations permitted above (A) during any calendar year when Aggregate Availability is at any time less than the greater of (x) an amount equal to 20% of the Loan Cap Minimum then in effect and (y) an amount equal to 20% of the Loan Cap then in effect, one additional field examination shall be permitted at the discretion of the Administrative Agent or the Required Lenders per calendar year and (B) if an Event of Default has occurred and is continuing, there shall be no limitation on the number or frequency of field examinations. For purposes of this Section 5.12, it is understood and agreed that a single field examination may be conducted at multiple relevant sites and involve one or more relevant Loan Parties and their assets. All of the foregoing field examinations shall be at the sole expense of the Loan Parties. Notwithstanding the foregoing, the Lenders shall be permitted to conduct one additional field examination per calendar year at their own cost and expense.

  • SITE EXAMINATION Contractor has examined the Site and certifies that it accepts all measurements, specifications and conditions affecting the Work to be performed at the Site. By submitting its quote, Contractor warrants that it has made all Site examination(s) that it deems necessary as to the condition of the Site, its accessibility for materials, workers and utilities, and Contractor’s ability to protect existing surface and subsurface improvements. No claim for allowance of time or money will be allowed as to any other undiscovered condition on the Site.

  • Physical Examinations Where the Employer requires an employee to take a physical examination, doctor's fees for such examination shall be paid by the Employer. Except prior to commencement of employment and the first four (4) weeks of employment, such examinations shall be taken during the employee's working hours without loss of pay to the employee.

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