Necessary Records Sample Clauses
The Necessary Records clause requires parties to maintain and, if needed, provide access to specific documents or records relevant to the agreement. Typically, this includes keeping accurate records of transactions, compliance activities, or other information necessary to demonstrate fulfillment of contractual obligations. By mandating the retention and availability of such records, the clause ensures transparency and accountability, helping to resolve disputes and verify compliance with the contract's terms.
Necessary Records. Licensee and Licensee Affiliates shall keep and maintain accurate, complete and detailed books and records in paper and electronic form including, but not limited to, all books and records and organization charts showing the relationship of Licensee and all Licensee Affiliates, and all production, purchases, stocks, deliveries, and technical specifications of all Licensed Products, and sales records related to Licensed Products, which are necessary for an Auditor (as defined in Section 4.6), in such Auditor’s sole opinion, to verify the fees paid and/or payable under this Agreement (all books and records collectively referred to as “Necessary Records”). Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Making and/or Selling of any Licensed Products, shall be maintained for five (5) years after the expiration of the Term.
Necessary Records. Licensee and Licensee Affiliates shall keep and maintain, in paper or electronic form, all necessary books and purchase and sales records to represent the amount of Licensed Products Made by or for and/or Sold by Licensee (“Necessary Records”), such as, for example, books and records showing the relationship of Licensee and all Licensee Affiliates and production, purchases, stocks, deliveries, technical specifications might be treated as Necessary Records. Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Making and/or Selling of any Licensed Products, shall be maintained for five (5) years after the expiration of the Term.
Necessary Records. Licensee and Licensee Affiliates shall keep and maintain accurate and detailed books and records in paper and electronic form including, but not limited to, all books and records showing the relationship of Licensee and all Licensee Affiliates and all production, purchases, stocks, deliveries, technical specifications of all Wi-Fi 6 Products, and sales records related to Wi-Fi 6 Products (all books and records ĐŽůůĞĐƚŝǀĞůNLJe cesƌsaĞryĨReĞcoƌrdƌs͟ĞͿĚ͘ ƚ Ž ĂƐ Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Making and/or Selling of any Wi-Fi 6 Products, shall be maintained for five (5) years after the expiration of the Term.
Necessary Records. Licensee and Licensee Affiliates shall keep and maintain accurate, complete and detailed books and records in paper and electronic form including, but not limited to, all books and records and organization charts showing the relationship of Licensee and all Licensee Affiliates, and all production, purchases, stocks, deliveries, and technical specifications of all Licensed Products, sales records related to Licensed Products, and underlying documents used to prepare the Royalty Reports, which are necessary for an Auditor (as defined in Section 4.6), in such Auditor’s sole opinion, to verify the fees paid and/or payable under this Agreement (all books and records collectively referred to as “Necessary Records”). Necessary Records pertaining to a particular royalty reporting period, including Necessary Records relating to the Making and/or Selling of any Licensed Products, shall be maintained for five (5) years after the expiration of the Term.
Necessary Records. Licensee and Licensee Affiliates shall keep and maintain accurate, complete and detailed books and records in paper and electronic form including, but not limited to, all books and records and organization charts showing the relationship of Licensee and all Licensee Affiliates, and all production, purchases, stocks, deliveries, and technical specifications of all Licensed Products, and sales records related to Licensed Products, which are necessary for an Auditor (as defined in Section 4.6Ϳ͕ ŝŶ ƐƵĐŚ ƵĚŝƚŽƌ͛ verify the fees paid and/or payable under this Agreement (all books and records collectively ƌĞĨĞƌƌĞNĚec essƚarŽy R ecĂorƐds ͟Ϳ͘͞ EĞĐĞƐƐĂƌLJ ZĞĐŽƌĚƐ ƉĞƌƚĂ reporting period, including Necessary Records relating to the Making and/or Selling of any Licensed Products, shall be maintained for five (5) years after the expiration of the Term.