AUDITS AND RECORDKEEPING Clause Samples
AUDITS AND RECORDKEEPING. Upon reasonable notice, Seller shall permit Purchaser and its representatives or agents to visit Seller's offices and relevant manufacturing facilities to audit and inspect relevant activities and records, and arrange visits with ▇▇▇▇▇▇'s suppliers and subcontractors. For ten years after completion, cancellation or termination of the PO, Seller shall retain its books and records related to the PO and make them available upon Purchaser’s reasonable request.
AUDITS AND RECORDKEEPING.
24.1 The Company shall at all times cooperate with the City in providing all information relating to its services hereunder. The Company shall keep records of the Solid Waste, Recyclable Materials, and Yard Waste volume collected hereunder and the Company’s revenues therefrom. The City shall have the right to reasonable access to such records during the Company’s office hours and to audit those records by a City staff member or a City-designated auditor, at the expense of the City, no more than annually during the Agreement Term.
24.2 In the event that the Company requests a change of rates, the City may review the Company’s financial or other proprietary information in conducting its rate review or financial health of the Company. The City shall retain a third party to review such information at the Company’s expense and may take any other steps it deems appropriate to protect the confidential nature of the Company’s documents and preserve the Company’s ongoing ability to remain competitive.
24.3 The Company will only be required to retain these records for seven years. Accounting records of the Company shall utilize the system prescribed by the WUTC known as the “Uniform System of Accounts for Class A Garbage and Refuse Collection Companies” or a similar type approved by the WUTC. All such records are proprietary property of the Company, and the City shall hold all information from such records delivered to the City in strictest confidence and shall not disclose such information except to the extent reasonable as required by applicable laws without the prior written consent of the Company. The Company hereby indemnifies and holds harmless the City from all costs, expense and liability, including attorney fees, that may arise from the City’s nondisclosure of such information because of the Company’s failure to give its written consent for disclosure.
AUDITS AND RECORDKEEPING. The Company shall at all times cooperate with the City in providing all information relating to its services hereunder. The Company shall keep records of the Solid Waste, Recyclable Materials, and Yard Waste volume collected hereunder and the Company’s revenues therefrom. The City shall have the right to reasonable access to such records during the Company’s office hours and to audit those records by a City staff member or a City-designated auditor, at the expense of the City, no more than annually during the Agreement Term. The Company will only be required to retain these records for seven years. Accounting records of the Company shall utilize the system prescribed by the WUTC known as the “Uniform System of Accounts for Class A Garbage and Refuse Collection Companies” or a similar type approved by the WUTC. All such records are proprietary property of the Company, and the City shall hold all information from such records delivered to the City in strictest confidence and shall not disclose such information except to the extent reasonable as required by applicable laws without the prior written consent of the Company. The Company hereby indemnifies and holds harmless the City from all costs, expense and liability, including attorney fees, that may arise from the City’s nondisclosure of such information because of the Company’s failure to give its written consent for disclosure.
AUDITS AND RECORDKEEPING