Common use of Audited accounts Clause in Contracts

Audited accounts. 19.1.1 The Operator shall maintain, in accordance with standard accounting practices and statutory requirements under Indian Law, complete, accurate and up-to-date records and accounts relating to the Project and the Project Facilities including the assets, liabilities, revenues and expenses, costs of repair, as well as records of the Operator’s staff/ employees/ personnel/ sub-contractors involved in performing the Operator’s obligations under the Contract, from time to time;

Audited accounts. 19.1.1 The Operator shall maintain, in accordance with standard accounting practices and statutory requirements under Indian Law, complete, accurate and up-to-date records and accounts relating to the Project and the Project Facilities including the assets, liabilities, revenues and expenses, costs of repair, as well as records of the Operator’s staff/ employees/ personnel/ sub-contractors involved in performing the Operator’s obligations under the Contract, from time to time;.