Common use of Guaranteed Maintenance Costs Reconciliation Clause in Contracts

Guaranteed Maintenance Costs Reconciliation. Within 180 days after the expiration or termination of this Agreement, AWA, by written notice to Mesa, may review and audit Mesa’s records and files relevant to the actual maintenance costs paid by Mesa in the categories set forth on Exhibit D. If AWA’s review of the records and files reveals that the actual maintenance costs paid by Mesa during the term of this Agreement was less than the sum of all the Guaranteed Maintenance Costs paid by AWA during the term of this Agreement (the “Excess Maintenance Payments”), then Mesa, within 30 days after receipt of written demand, shall pay to AWA an amount equal to the Excess Maintenance Payments. The terms and conditions of this Section shall survive the termination or expiration of this Agreement. Mesa shall maintain and retain all maintenance cost and expense records and files for the entire Term of this Agreement and for at least one year after the expiration or termination of this Agreement.

Guaranteed Maintenance Costs Reconciliation. Within 180 days after the expiration or termination of this Agreement, AWA, by written notice to Mesa, may review and audit Mesa’s 's records and files relevant to the actual maintenance costs paid by Mesa in the categories set forth on Exhibit D. If AWA’s 's review of the records and files reveals that the actual maintenance costs paid by Mesa during the term of this Agreement was less than the sum of all the Guaranteed Maintenance Costs paid by AWA during the term of this Agreement (the “"Excess Maintenance Payments”"), then Mesa, within 30 days after receipt of written demand, shall pay to AWA an amount equal to the Excess Maintenance Payments. The terms and conditions of this Section shall survive the termination or expiration of this Agreement. Mesa shall maintain and retain all maintenance cost and expense records and files for the entire Term of this Agreement and for at least one year after the expiration or termination of this Agreement.

Guaranteed Maintenance Costs Reconciliation. Within 180 days after the expiration or termination of this Agreement, AWA, by written notice to Mesa, may review and audit Mesa’s 's records and files relevant to the actual 20 21 maintenance costs paid by Mesa in the categories set forth on Exhibit D. If AWA’s 's review of the records and files reveals that the actual maintenance costs paid by Mesa during the term of this Agreement was less than the sum of all the Guaranteed Maintenance Costs paid by AWA during the term of this Agreement (the “"Excess Maintenance Payments”"), then Mesa, within 30 days after receipt of written demand, shall pay to AWA an amount equal to the Excess Maintenance Payments. The terms and conditions of this Section shall survive the termination or expiration of this Agreement. Mesa shall maintain and retain all maintenance cost and expense records and files for the entire Term of this Agreement and for at least one year after the expiration or termination of this Agreement.