Common use of Management Audit Clause in Contracts

Management Audit. Owner shall have the right to conduct a management audit, at its own cost, of Operator's performance hereunder either by Owner officers and employees or through their duly authorized agents or representatives. Operator shall cooperate with Owner in the conducting of such audit and, subject to applicable Legal Requirements and the requirements of vendors, give Owner reasonable access to all contracts, records and other documents relating to the Generating Facilities. Following any such management audit, Operator shall respond to the findings of such audit if requested to do so by Owner. Management audits by Owner shall be scheduled so as to minimize the number of audits required and so as to not to exceed one management audit in any consecutive twelve-month period.

Appears in 3 contracts

Samples: Operating Agreement (Southern Power Co), Operating Agreement (Southern Power Co), Operating Agreement (Gulf Power Co)

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Management Audit. Owner shall have the right to conduct a management audit, at its own cost, of Operator's performance hereunder either by Owner officers and employees or through their duly authorized agents or representatives. Operator shall cooperate with Owner in the conducting of such audit and, subject to applicable Legal Requirements and the requirements of vendors, give Owner reasonable access to all contracts, records and other documents relating to the Generating Facilities. Following any such management audit, Operator shall respond to the findings of such audit if requested to do so by Owner. Management audits by Owner shall be scheduled so as to minimize the number of audits required and so as to not to exceed one management audit in any consecutive twelve-month period. ARTICLE 3 Entitlement to Output

Appears in 2 contracts

Samples: Operating Agreement (Gulf Power Co), Operating Agreement (Gulf Power Co)

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