Incomplete Audits Sample Clauses

Incomplete Audits. Furthermore, if the audit reveals that the records of the Contractor are in such a state that the revenue or the operating expenses cannot be audited, the entire expense of the Authority’s efforts to conduct the audit shall be borne by the Contractor. The Authority will invoice the Contractor for these expenses. Payment shall be made within thirty (30) days from the date of the invoice. If the Contractor fails to pay the invoice from its own funds, the Authority may, in its sole discretion, deduct the amount due from payments owed by the Authority to the Contractor. Additionally, the Authority may find that the Contractor is in default under Article 11 of the Contract.
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Incomplete Audits. Furthermore, if the audit reveals that the books, accounts, or records of the Contractor are in such a state that the revenue or the operating expenses cannot be audited, the entire expense of the Airports Authority’s efforts to conduct the audit shall be borne by the Contractor and the Contractor may be subject to default as provided in Article 11, Defaults, of this Contract.
Sample 1Sample 2
Incomplete Audits. Furthermore, if the audit reveals that the records of the Contractor are in such a state that the revenue or the operating expenses cannot be audited, the entire expense of the Authority’s efforts to conduct the audit shall be borne by the Contractor and the Contractor may be subject to Default as provided in Exhibit H of this Contract.
Sample 1
Incomplete Audits. If upon examination or audit the Airports Authority's auditor or representative reasonably determines that sufficient documentation is not maintained, retained, recorded, or available to verify Contractor's actual Gross Receipts, Contractor shall pay for the cost of such audit and, in addition, should the Airports Authority deem it necessary, Contractor shall reconstruct, at its sole cost and expense, all records for the determination of Gross Receipts for any period being audited. If such audit shall disclose that the Records, in the Airports Authority's determination, are inadequate to disclose such Gross Receipts, Airports Authority shall be entitled to collect as Additional Rent an amount equal to ten percent (10%) of the Guaranteed Rent payable by Contractor during the period in question.
Sample 1

Related to Incomplete Audits

  • Incomplete Documents Neither Consulting Engineer/Architect, nor its subcontractors shall be responsible for errors or omissions in documents which are incomplete as a result of an early termination under this Section; Consulting Engineer/Architect having been deprived of the opportunity to complete such documents and certify them as ready for construction.

  • Incomplete IPO If the Issuer does not complete its IPO and has become a reporting issuer in one or more jurisdictions because it has obtained a receipt for its IPO prospectus, this Agreement will remain in effect until the securities regulators in those jurisdictions order that the Issuer has ceased to be a reporting issuer.

  • State Audits Under Minnesota Statute § 16C.05, subdivision 5, the Contractor’s books, records, documents, and accounting procedures and practices relevant to any Work Authorization are subject to examination by the State and/or the State Auditor or Legislative Auditor, as appropriate, for a minimum of six years from the end of this Professional and Technical Services Master Contract.

  • Complete Loss When CenturyLink is unable to recover data as discussed in this Section, estimated message and minute volumes for each loss consisting of an entire AMA tape or entire data volume due to its loss prior to or during processing, lost after receipt, demagnetized before processing, receipt of a blank or unreadable tape, or lost for other causes, shall be reported.

  • Audits No more than once a year, or following unauthorized access, upon receipt of a written request from the LEA with at least ten (10) business days’ notice and upon the execution of an appropriate confidentiality agreement, the Provider will allow the LEA to audit the security and privacy measures that are in place to ensure protection of Student Data or any portion thereof as it pertains to the delivery of services to the LEA . The Provider will cooperate reasonably with the LEA and any local, state, or federal agency with oversight authority or jurisdiction in connection with any audit or investigation of the Provider and/or delivery of Services to students and/or LEA, and shall provide reasonable access to the Provider’s facilities, staff, agents and XXX’s Student Data and all records pertaining to the Provider, LEA and delivery of Services to the LEA. Failure to reasonably cooperate shall be deemed a material breach of the DPA.

  • STATE AUDIT 12 Pursuant to Government Code Section 8546.7, CITY and COUNTY shall be 13 subject to examination and audit by the State Auditor for a period of three (3) 14 years after final payment by CITY to COUNTY under this Agreement. CITY 15 and COUNTY shall retain all records relating to the performance of this 16 Agreement for said three-year period, except that those records pertaining to 17 any audit then in progress, or to any claim or litigation, shall be retained beyond 18 said three-year period, until final resolution of said audit, claim or litigation.

  • COMPLETE CONTRACT This Contract contains all the terms agreed upon by the Parties with respect to the subject matter of this Contract and supersedes all prior agreements, arrangements, and communications between the Parties concerning such subject matter, whether oral or written.

  • Preparation of Tax Returns The General Partner shall arrange for the preparation and timely filing of all returns of Partnership income, gains, deductions, losses and other items required of the Partnership for federal and state income tax purposes and shall use all reasonable efforts to furnish, within ninety (90) days of the close of each taxable year, the tax information reasonably required by Limited Partners for federal and state income tax reporting purposes.

  • Undisclosed Liabilities The Company has no liabilities or obligations of any nature (whether fixed or unfixed, secured or unsecured, known or unknown and whether absolute, accrued, contingent, or otherwise) except for liabilities or obligations reflected or reserved against in the Company Financial Statements incurred in the ordinary course of business or such liabilities or obligations disclosed in Schedule 2.01(g).

  • Contract Audits Eligible Purchaser represents and warrants that it shall cooperate with Enterprise Services, the Office of the State Auditor, federal officials, and/or any third party authorized by law or contract, in any audit conducted by such party pertaining to any Contracts that Eligible Purchaser has made purchases from pursuant to this Agreement, including providing records related to any purchases from such Contracts.

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