Record Keeping and Audits. Client shall account for the Contributions and their use and shall keep good and valid records of such accounts in accordance with GAAP at all times. Client shall make such records, including receipts for expenditure of the Contributions and all related books, payrolls, accounts, invoices, receipts and other vouchers, available, at all times upon reasonable notice, to the Administrators, the Funders and their agents (including Ontario’s Provincial Auditor and the Auditor General of Canada) for inspection, auditing and the making of copies thereof. Such records shall be maintained by Client for a period of time no less than four years beyond the expiration of the Term.
Appears in 4 contracts
Samples: Funding Agreement, Funding Agreement, Project Funding Agreement
Record Keeping and Audits. Client shall account for the Contributions and their use and shall keep good and valid records of such accounts in accordance with GAAP at all times. Client shall make such records, including receipts for expenditure of the Contributions and all related books, payrolls, accounts, invoices, receipts and other vouchers, available, at all times upon reasonable notice, to the AdministratorsOCE, the Funders government of Ontario and their agents (including Ontario’s Provincial Auditor and the Auditor General of CanadaAuditor) for inspection, auditing and the making of copies thereof. Such records shall be maintained by Client for a period of time no less than four years beyond the expiration of the Term.
Appears in 3 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
Record Keeping and Audits. Client Each Participant shall account for the Contributions and their its use and shall keep good and valid records of such accounts in accordance with GAAP at all times. Client Each Participant shall make such records, including receipts for expenditure of the Contributions and all related books, payrolls, accounts, invoices, receipts and other vouchers, available, at all times upon reasonable notice, to the AdministratorsOCE, the Funders government of Ontario and their agents (including Ontario’s Provincial Auditor and the Auditor General of CanadaAuditor) for inspection, auditing and the making of copies thereof. Such records shall be maintained by Client each Participant for a period of time no less than four years beyond the expiration of the Term.
Appears in 1 contract
Samples: Funding Agreement
Record Keeping and Audits. Client Each Participant shall account for the Contributions and their its use and shall keep good and valid records of such accounts in accordance with GAAP at all times. Client Each Participant shall make such records, including receipts for expenditure of the Contributions and all related books, payrolls, accounts, invoices, receipts and other vouchers, available, at all times upon reasonable notice, to the AdministratorsOCI, the Funders government of Ontario and their agents (including Ontario’s Provincial Auditor and the Auditor General of CanadaAuditor) for inspection, auditing and the making of copies thereof. Such records shall be maintained by Client each Participant for a period of time no less than four years beyond the expiration of the Term.
Appears in 1 contract
Samples: Oci Funding Agreement
Record Keeping and Audits. Client shall account for the Contributions and their use and shall keep good and valid records of such accounts in accordance with GAAP at all times. Client shall make such records, including receipts for expenditure of the Contributions and all related books, payrolls, accounts, invoices, receipts and other vouchers, available, at all times upon reasonable notice, to the AdministratorsOCE, the Funders government of Ontario and their agents (including Ontario’s Provincial Auditor and the Auditor General of CanadaAuditor) for inspection, auditing and the making of copies thereof. Such records shall be maintained by Client for a period of time no less than four years beyond the expiration of the Term.. DRAFT
Appears in 1 contract
Samples: Funding Agreement