Common use of Record Keeping and Audit Rights Clause in Contracts

Record Keeping and Audit Rights. Supplier will maintain (and subject to applicable law provide to IBM upon request) relevant business, technical and accounting records i) to support Supplier's invoices; ii) show proof of required permits and professional licenses and iii) to demonstrate compliance with Supplier's performance of its obligations under this PO, for not less than six (6) years following completion or termination of the relevant services. All accounting records will be maintained in accordance with generally accepted accounting principles.

Appears in 3 contracts

Samples: Purchase Order, Purchase Order, Purchase Order

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Record Keeping and Audit Rights. Supplier will maintain (and subject to applicable law provide to IBM Buyer upon request) relevant business, technical and accounting records i) to support Supplier's invoices; ii) show proof of required permits and professional licenses and iii) to demonstrate compliance with Supplier's performance of its obligations under this PO, for not less than six (6) years following completion or termination of the relevant services. All accounting records will be maintained in accordance with generally accepted accounting principles.

Appears in 2 contracts

Samples: Purchase Order, Purchase Order

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Record Keeping and Audit Rights. Supplier will maintain (and subject to applicable law provide to IBM upon request) relevant business, technical and accounting records i) to support Supplier's invoices; ii) show proof of required permits and professional licenses and iii) to demonstrate compliance with Supplier's performance of its obligations under this POAgreement, for not less than six (6) years following completion or termination of the relevant servicesServices. All accounting records will be maintained in accordance with generally accepted accounting principles.

Appears in 1 contract

Samples: Purchase Order

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