Common use of Buyer’s Audit Rights Clause in Contracts

Buyer’s Audit Rights. Buyer may reasonably rely on Seller’s properly completed and timely submitted Annual Fuel Attestations as evidence of Seller’s compliance with the applicable High Hazard Fuel Requirement and Fuel Resource Requirements. However, Xxxxx shall have the right to audit Seller’s records and conduct any on-site visit to confirm Seller’s compliance. Seller shall pay all reasonable expenses of Buyer in conducting such audit. Buyer shall have the right to deduct and offset the costs of conducting such audit from Seller’s monthly invoices. Buyer’s audit shall include, but not be limited to, Xxxxx’s receipt and review of electronic copies of Seller’s invoices for purchased fuel, including the location from which the fuel was harvested, and the records of the Registered Professional Forester who signed the Verification of Fuel Source and Delivery.]

Buyer’s Audit Rights. Buyer may reasonably rely on Seller’s properly completed and timely submitted Annual Fuel Attestations as evidence of Seller’s compliance with the applicable High Hazard Fuel Requirement and Fuel Resource Requirements. However, Xxxxx shall have the right to audit Seller’s records and conduct any on-site visit to confirm Seller’s compliance. Seller shall pay all reasonable expenses of Buyer in conducting such audit. Buyer shall have the right to deduct and offset the costs of conducting such audit from Seller’s monthly invoices. BuyerXxxxx’s audit shall include, but not be limited to, Xxxxx’s receipt and review of electronic copies of Seller’s invoices for purchased fuel, including the location from which the fuel f uel was harvested, and the records of the Registered Professional Forester who signed the Verification of Fuel Source and Delivery.]