Common use of General Audit Right Clause in Contracts

General Audit Right. Each Party has the right, at its sole expense, during normal working hours, and after reasonable Notice, to examine the records of the other Party[, and in the case of Buyer, Seller shall cause the Project Company to grant the Buyer the right to examine the records of the Project Company,] to the extent reasonably necessary to verify the accuracy of any statement (including documents that supplement this Agreement), charge, or computation made pursuant to this Agreement and with respect to Project technology specific requirements set forth in Part 5 of Appendix XIV. If such examination reveals any material inaccuracy in any statement, the necessary adjustments shall be made promptly; provided that, if the examining Party raises its objection more than twelve (12) months after the date of the statement in question, that objection shall be deemed waived. Data Request Cooperation . Each Party shall use reasonable efforts to assist the other Party in gathering information for and preparing responses to data requests and other inquiries from Governmental Authorities that are related to or associated with the Project, delivery of Product and/or this Agreement, subject to the requirements of Article Nineteen.

Appears in 2 contracts

Samples: Consent and Agreement, Consent and Agreement

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General Audit Right. Each Party has the right, at its sole expense, during normal working hours, and after reasonable Notice, to examine the records of the other Party[, and in the case of Buyer, Seller shall cause the Project Company to grant the Buyer the right to examine the records of the Project Company,] to the extent reasonably necessary to verify the accuracy of any statement (including the Project Safety Plan or other documents that supplement this Agreement), charge, or computation made pursuant to this Agreement and with respect to Project technology specific requirements set forth in Part 5 of Appendix XIV. If such examination reveals any material inaccuracy in any statement, the necessary adjustments shall be made promptly; provided that, if the examining Party raises its objection more than twelve (12) months after the date of the statement in question, that objection shall be deemed waived. Data Request Cooperation . Each Party shall use reasonable efforts to assist the other Party in gathering information for and preparing responses to data requests and other inquiries from Governmental Authorities that are related to or associated with the Project, delivery of Product and/or this Agreement, subject to the requirements of Article Nineteen.

Appears in 1 contract

Samples: Guaranty Agreement

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General Audit Right. Each Party has the right, at its sole expense, during normal working hours, and after reasonable Notice, to examine the records of the other Party[, and in the case of Buyer, Seller shall cause the Project Company to grant the Buyer the right to examine the records of the Project Company,] to the extent reasonably necessary to verify the accuracy of any statement (including documents that supplement this Agreement)statement, charge, or computation made pursuant to this Agreement and with respect to Project technology specific requirements set forth in Part 5 of Appendix XIV. If such examination reveals any material inaccuracy in any statement, the necessary adjustments shall be made promptly; provided that, if the examining Party raises its objection more than twelve (12) months after the date of the statement in question, that objection shall be deemed waived. Data Request Cooperation . Each Party shall use reasonable efforts to assist the other Party in gathering information for and preparing responses to data requests and other inquiries from Governmental Authorities that are related to or associated with the Project, delivery of Product and/or this Agreement, subject to the requirements of Article Nineteen.

Appears in 1 contract

Samples: Cpe Resource Adequacy Agreement

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