Audits by Authority Sample Clauses

Audits by Authority. Notwithstanding any provision in this Agreement to the contrary, Authority or its representative(s) may at any time perform audits of all or selected operations performed by Operator under the terms of this Agreement. In order to facilitate the audit performed by Authority, Operator agrees to make suitable arrangements with the Authority or its representatives(s) to make available at the Airport any and all working papers relevant to the audit performed by Authority or its representative(s). Authority or its representative(s) shall make available to Operator a copy of the audit report prepared by or on behalf of Authority. Operator shall have fifteen (15) business days from receipt of the audit report from Authority or its representative(s) to provide a written response to Authority regarding the audit report. Operator acknowledges and agrees that failure of Operator to submit a written response to the audit report in accordance with the requirements of this Article 5.15 shall constitute acceptance of the audit report as issued.
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Audits by Authority. The books and records required to be maintained by Lessee hereunder shall be available for inspection upon reasonable notice by the Authority or its duly authorized representative, during business hours. The Authority shall have the right, upon reasonable notice to lessee, to cause an audit to be made of Xxxxxx’s books and records relating to Xxxxxx’s operation, in order to determine the correctness of the fees paid by Lessee to the Authority for any contract year which ended no more than three (3) years prior to the commencement date of such audit. If, as a result of any audit performed pursuant to this Lease, it is established that additional fees are due from Lessee, Lessee shall immediately, upon written demand from the Authority, pay to the Authority such additional fees, together with interest on the amount of such additional fees at the rate established in this Lease for monthly late penalty charges from the date such additional fees should have been paid. In the event that it is established through an audit conducted by the Authority or an outside auditor, that fees or charges are otherwise the result of Xxxxxx’s improper recording of its Gross Receipts or Total Sales, Lessee shall pay to the Authority as delinquent fees and charges with interest, in an amount equal to the amount of fees or charges reasonably estimated to have been lost to the Authority. If such audit establishes that the Gross Receipts or Total Sales have been understated by more than five percent (5%) by Xxxxxx, Lessee will reimburse the Authority for the Authority’s cost of the audit. If Xxxxxx disagrees with the Authority’s audit conclusions, Lessee may appeal such conclusions within thirty (30) days following Xxxxxx’s receipt of the Authority’s demand for payment or notification of audit conclusions. Xxxxxx’s appeal shall be in writing and shall include a complete detailed statement of its position. The Authority’s rights to inspect and audit the books and records of Lessee shall survive the expiration or earlier termination of this Lease. The Authority shall not be liable to Lessee for any loss of business or loss of Gross Receipts sustained by Lessee as a result of any change in the operation or configuration of, or any change in any procedure, governing the use of the Airport.
Sample 1
Audits by Authority. Notwithstanding any provision in this Agreement to the contrary, Authority or its representative(s) may at any time perform audits of all or selected operations performed by Concessionaire under the terms of this Agreement. In order to facilitate the audit performed by Authority, Concessionaire agrees to make suitable arrangements with the Concessionaire's auditing team or accountant, who is responsible for preparing the audit report on behalf of Concessionaire pursuant to Article 4.07 above, to make available to Authority's representative(s) any and all working papers relevant to the audit performed. Authority or its representative(s) shall make available to Concessionaire a copy of the audit report prepared by or on behalf of Authority. Concessionaire shall have thirty (30) calendar days from receipt of the audit report from Authority or its representative(s) to provide a written response to Authority regarding the audit report. Concessionaire agrees that failure of Concessionaire to submit a written response to the audit report in accordance with the requirements of this Article
Sample 1
Audits by Authority. The Authority shall have the right, at all reasonable times, to have Concessionaire produce any or all of the above enumerated books and records, including sales tax and other tax return records, to the Authority in Xxx County, Florida, and to have the Authority's representatives inspect, examine, copy, and audit those books and records for the purpose of verifying the Gross Revenues hereunder. Should the Concessionaire have any of such books or records maintained outside of Xxx County, Florida, and not wish to make them available to the Authority in Xxx County, Florida, then the Concessionaire shall reimburse the Authority for the reasonable audit costs incurred, including round trip air fare and ground transportation from Fort Xxxxx to the location at which the books and records are kept, hotel lodging, and meals. In any event, if, as a result of such audit, it is established that Concessionaire has understated the Gross Revenues as defined above by three percent (3%) or more, the entire expense of said audit shall be borne by Concessionaire. Any additional Concession Fee due shall be invoiced to Concessionaire and promptly paid to Authority with interest from the date such additional Concession Fee originally was due. Notwithstanding the foregoing, the Authority shall not be prevented from terminating this Concession Agreement for default in the payment of fees or from enforcing any other provisions hereof.
Sample 1

Related to Audits by Authority

  • Governing Law, Regulatory Authority, and Rules The validity, interpretation and enforcement of this Agreement and each of its provisions shall be governed by the laws of the state of New York, without regard to its conflicts of law principles. This Agreement is subject to all Applicable Laws and Regulations. Each Party expressly reserves the right to seek changes in, appeal, or otherwise contest any laws, orders, or regulations of a Governmental Authority.

  • Regulatory Authorizations Each Party represents and warrants that it has, or applied for, all regulatory authorizations necessary for it to perform its obligations under this Agreement.

  • Statutory Authority Connecticut General Statute §§ 10a-104, 10a-108, 4a-52a, and 10a-151b provide the University with authority to enter into contracts in the pursuit of its mission.

  • Regulatory Authority If any regulatory authority having jurisdiction (or any successor boards or agencies), a court of competent jurisdiction or other Governmental Authority with the appropriate jurisdiction (collectively, the ''Regulatory Body'') issues a rule, regulation, law or order that has the effect of cancelling, changing or superseding any term or provision of this Agreement (the ''Regulatory Requirement''), then this Agreement will be deemed modified to the extent necessary to comply with the Regulatory Requirement. Notwithstanding the foregoing, if a Regulatory Body materially modifies the terms and conditions of this Agreement and such modification(s) materially affect the benefits flowing to one or both of the Parties, as determined by either of the Parties within twenty (20) business days of the receipt of the Agreement as materially modified, the Parties agree to attempt in good faith to negotiate an amendment or amendments to this Agreement or take other appropriate action(s) so as to put each Party in effectively the same position in which the Parties would have been had such modification not been made. In the event that, within sixty (60) days or some other time period mutually agreed upon by the Parties after such modification has been made, the Parties are unable to reach agreement as to what, if any, amendments are necessary and fail to take other appropriate action to put each Party in effectively the same position in which the Parties would have been had such modification not been made, then either Party shall have the right to unilaterally terminate this Agreement forthwith.

  • Supervisory Authority The parties recognize the supervisor’s authority to approve or deny paid or unpaid time off based upon the operational needs of the department. Time off will be granted in a manner that minimizes operational hardship.

  • Cooperation with supervisory authorities 1. The data exporter agrees to deposit a copy of this contract with the supervisory authority if it so requests or if such deposit is required under the applicable data protection law.

  • COMPLIANCE WITH LAWS, STATUTES, REGULATIONS During the term of this Master Contract, unless otherwise agreed, CONTRACTOR shall comply with all applicable federal, state, and local statutes, laws, ordinances, rules, policies, executive orders and regulations. CONTRACTOR shall also comply with all applicable LEA policies and procedures unless, taking into consideration all of the surrounding facts and circumstances, a policy or policies or a portion of a policy does not reasonably apply to CONTRACTOR. CONTRACTOR hereby acknowledges and agrees that it accepts all risks and responsibilities for its failure to comply with LEA policies and shall indemnify LEA under the provisions of Section 16 of this Agreement for all liability, loss, damage and expense (including reasonable attorneys’ fees) resulting from or arising out of CONTRACTOR’s failure to comply with applicable LEA policies (e.g., those policies relating to; the provision of special education and/or related services, facilities for individuals with exceptional needs, student enrollment and transfer, student inactive status, corporal punishment, student discipline, and positive behavior interventions). CONTRACTOR acknowledges and understands that XXX may report to the CDE any violations of the provisions of this Master Contract; and that this may result in the suspension and/or revocation of CDE nonpublic school/agency certification pursuant to California Education Code section 56366.4(a).

  • RIGHT TO AUDIT; SUPPORTING DOCUMENTS; AUTHORITY OF STATE AUDITOR By executing this Agreement, implementing the authority of, and accepting the benefits provided by Chapter 313 of the TEXAS TAX CODE, the Parties agree that this Agreement and their performance pursuant to its terms are subject to review and audit by the State Auditor as if they are parties to a State contract and subject to the provisions of Section 2262.154 of the TEXAS GOVERNMENT CODE and Section 313.010(a) of the TEXAS TAX CODE. The Parties further agree to comply with the following requirements:

  • References to Statutes, Public Acts, Regulations, Codes and Executive Orders All references in this Contract to any statute, public act, regulation, code or executive order shall mean such statute, public act, regulation, code or executive order, respectively, as it has been amended, replaced or superseded at any time. Notwithstanding any language in this Contract that relates to such statute, public act, regulation, code or executive order, and notwithstanding a lack of a formal amendment to this Contract, this Contract shall always be read and interpreted as if it contained the most current and applicable wording and requirements of such statute, public act, regulation, code or executive order as if their most current language had been used in and requirements incorporated into this Contract at the time of its execution.

  • Compliance with Federal and State Work Authorization and Immigration Laws The Contractor and all subcontractors, suppliers and consultants must comply with all federal and state work authorization and immigration laws, and must certify compliance using the form set forth in Section 7 (“Georgia Security and Immigration Compliance Act Affidavits”). The required certificates must be filed with the Owner and copied maintained by the Contractor as of the beginning date of this contract and each subcontract, supplier contract, or consultant contract, and upon final payment to the subcontractor or consultant. State officials, including officials of the Georgia Department of Audits and Accounts, officials of the Owner, retain the right to inspect and audit the Project Site and employment records of the Contractor, subcontractors and consultants without notice during normal working hours until Final Completion, and as otherwise specified by law and by Rules and Regulations of the Georgia Department of Audits and Accounts.

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