Common use of RECIPIENT AUDIT Clause in Contracts

RECIPIENT AUDIT. Canada may, at its discretion, conduct a Recipient audit related to this Agreement during the term of this Agreement and up to two years after the Agreement End Date, in accordance with the Canadian Auditing Standards.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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RECIPIENT AUDIT. Canada may, at its discretion, conduct a Recipient audit related to this Agreement during the term of this Agreement and up to two five (5) years after the Agreement End Date, in accordance with the Canadian Auditing StandardsStandards and Section 15.3 (Accounting Principles).

Appears in 1 contract

Samples: Agreement for Planning Feasibility Study and Fleet Transition Plan Project

RECIPIENT AUDIT. Canada may, at its discretion, conduct a Recipient audit related to this Agreement during the term of this Agreement and up to two years after the Agreement End Date, in accordance with the Canadian Auditing StandardsStandards and Section 18.3 (Accounting Principles).

Appears in 1 contract

Samples: Agreement for Grade Crossing Improvements

RECIPIENT AUDIT. Canada may, at its discretion, conduct a Recipient audit related to this Agreement during the term of this Agreement and up to two years after the Agreement End Date, in accordance with Section 20.3 (Accounting Principles) and the Canadian Auditing Standards. Any costs associated with the conduct of such audits will be the responsibility of Canada.

Appears in 1 contract

Samples: Agreement for Grade Crossing Improvements

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RECIPIENT AUDIT. Canada may, at its discretion, conduct a Recipient audit related to this Agreement during the term of this Agreement and up to two six years after the Agreement End Date, in accordance with the Canadian Auditing StandardsStandards and Section 18.3 (Accounting Principles).

Appears in 1 contract

Samples: Agreement for Rehabilitation of Taxiway Bravo, Apron and Airside Guidance Sign Upgrades

RECIPIENT AUDIT. a. Canada may, at its discretion, conduct a Recipient audit related to this Agreement during the term of this Agreement and up to two three years after the Agreement End Date, in accordance with the Canadian Auditing StandardsStandards and Section 17.3 (Accounting Principles). b. The Recipient agrees to inform Canada of any audit that has been conducted on the use of contribution funding under this Agreement, provide Canada with all relevant audit reports, and ensure that prompt and timely corrective action is taken in response to any audit findings and recommendations.

Appears in 1 contract

Samples: Contribution Agreement

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