Common use of Record Keeping and Audit Clause in Contracts

Record Keeping and Audit. Unless a longer period is required by law, during the term of this Agreement and for a period of seven (7) years thereafter, both parties to the Agreement shall use reasonable efforts at all times to ensure that they maintain accurate books, files and records relevant to this Agreement. At the State’s written request, Manufacturer or its agent shall make such information relevant to this agreement available for inspection by State representatives or its designated auditors during regular business hours. Upon written request, each party shall otherwise have the right to inspect, all such relevant books, and records of the other party to verify compliance with the terms of this Agreement.

Record Keeping and Audit. Unless a longer period is required by law, during During the term of this Agreement and for a period of seven five (75) years thereafter, both parties to the Agreement shall use reasonable efforts at all times to ensure that they maintain accurate books, files and records relevant to this Agreement. At the StateManufacturer’s written request, Manufacturer State or its agent shall make such information relevant to this agreement available for inspection by State Manufacturer representatives or its designated auditors during regular business hours. Upon written request, each party shall otherwise have the right to inspect, up to once each year, all such relevant books, and records of the other party to verify compliance with the terms of this Agreement.

Record Keeping and Audit. Unless a longer period is required by law, during the term of this Agreement and for a period of seven (7) years thereafter, both parties to the Agreement shall use reasonable efforts at all times to ensure that they maintain accurate books, files and records relevant to this Agreement. At the StateManufacturer’s written request, Manufacturer State or its agent shall make such information relevant to this agreement available for inspection by State Manufacturer representatives or its designated auditors during regular business hours. Upon written request, each party shall otherwise have the right to inspect, up to once each year, all such relevant books, and records of the other party to verify compliance with the terms of this Agreement.

Record Keeping and Audit. Unless a longer period is required by law, during During the term of this Agreement and for a period of seven three (73) years thereafter, both parties to the Agreement shall use reasonable efforts at all times to ensure that they maintain accurate books, files and records relevant to this Agreement. At the State’s written request, Manufacturer or its agent State shall make such information relevant to this agreement available for inspection by State representatives or its designated auditors during regular business hours. Upon written request, each party shall otherwise have the right to inspect, up to once each year, all such relevant books, books and records of the other party to verify compliance with the terms of this Agreement.