Governmental or Regulatory Audits Clause Samples

Governmental or Regulatory Audits. Client may be subject to regulation and audit by governmental bodies, standards organizations, or other regulatory authorities under applicable laws, rules, regulations, and standards. If Client is required by a governmental body, standards organization or regulatory agency having jurisdiction over it to have an audit or inspection of the Services being provided by Greenway under this Agreement, and so long as Client is receiving and has paid for Support Services and is otherwise in material compliance with the terms of this Agreement and for a term of one (1) year after termination of the Support Services, Greenway shall allow the governmental body, standards organization or regulatory agency to conduct such an audit or inspection as it relates to Greenway’s provision of the Services, or such information concerning Client held by Greenway under this Agreement. Client agrees to take all commercially reasonable actions in cooperation with Greenway to (i) avoid and/or minimize the extent of such audit or inspection and the impact on Greenway’s business, and (ii) to minimize the disclosure of Greenway Confidential Information, including assistance to Greenway to seek an appropriate protective order.