Common use of Audit Process Clause in Contracts

Audit Process. All audits by the Minister shall be completed within seventy-two (72) Months after the termination of the Contract Year to which such audits apply. Auditors may examine all books and accounts and records of Contractor for a specific period of time or may examine only a specific aspect of such records. The Minister shall give at least thirty (30) days’ notice to Contractor of its intention to conduct an audit. In carrying out such audit, the Minister shall not interfere unreasonably with the conduct of operations under the Contract. The Minister may at its sole discretion, engage third parties to assist with or execute any or all aspects of the audit. Contractor shall provide all necessary facilities for auditors appointed hereunder by the Minister including working space and access to all relevant personnel, records, files and other materials and the required codes to the management information system.

Appears in 5 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

AutoNDA by SimpleDocs

Audit Process. All audits by the Minister shall be completed within seventythirty-two six (7236) Months after the termination of the Contract Year to which such audits apply. Auditors may examine all books and accounts and records of Contractor for a specific period of time or may examine only a specific aspect of such records. The Minister shall give at least thirty (30) 30 days’ notice to Contractor of its intention to conduct an audit. In carrying out such audit, the Minister shall not interfere unreasonably with the conduct of operations under the Contract. The Minister may at its sole discretion, engage third parties to assist with or execute any or all aspects of the audit. Contractor shall provide all necessary facilities for auditors appointed hereunder by the Minister including working space and access to all relevant personnel, records, files and other materials and the required codes to the management information system.

Appears in 1 contract

Samples: Production Sharing Contract

Audit Process. All audits by the Minister shall be completed within seventythirty-two six (7236) Months after the termination of the Contract Year to which such audits apply. Auditors may examine all books and accounts and records of Contractor for a specific period of time or may examine only a specific aspect of such records. The Minister shall give at least thirty (30) days’ days notice to Contractor of its intention to conduct an audit. In carrying out such audit, the Minister shall not interfere unreasonably with the conduct of operations under the Contract. The Minister may at its sole discretion, engage third parties to assist with or execute any or all aspects of the audit. Contractor shall provide all necessary facilities for auditors appointed hereunder by the Minister including working space and access to all relevant personnel, records, files and other materials and the required codes to the management information system.

Appears in 1 contract

Samples: Production Sharing Contract

AutoNDA by SimpleDocs

Audit Process. All audits by the Minister shall be completed within seventy-two (72) Months after the termination of the Contract Year to which such audits apply. Auditors may examine all books and accounts and records of Contractor for a specific period of time or may examine only a specific aspect of such records. The Minister shall give at least thirty (30) days’ days notice to Contractor of its intention to conduct an audit. In carrying out such audit, the Minister shall not interfere unreasonably with the conduct of operations under the Contract. The Minister may at its sole discretion, engage third parties to assist with or execute any or all aspects of the audit. Contractor shall provide all necessary facilities for auditors appointed hereunder by the Minister including working space and access to all relevant personnel, records, files and other materials and the required codes to the management information system.

Appears in 1 contract

Samples: Deep Water Production Sharing Contract

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!