Right to Audit and Inspect. Buyer, at its expense, has the right to audit and review all relevant books, records, income statements, balance sheets, cash flow statements, payroll data, receipts and other related supporting data, including Seller’s administrative and accounting policies, guidelines, practices and procedures, in order to: (i) substantiate any charges and other matters under this Contract; and (ii) assess Seller’s ongoing ability to perform its obligations under this Contract. Seller will maintain and preserve all such documents for a period of four (4) years following final payment under this Contract. Seller will provide Buyer with reasonable access to its facilities and otherwise cooperate and facilitate any such audits by Buyer.
Right to Audit and Inspect. The Authority or its authorized representatives shall have the right to examine, review, and audit any records and books of accounts and financial documentation upon reasonable notice to the Contractor for any contract year which ended no more than three (3) years prior to the date of commencement of such audit. The Authority’s right to inspect and audit extends to the books and records of all subcontractors under this agreement as they relate to this agreement. Additionally, the Authority representatives may conduct interviews with Contractor personnel, contact financial institutions and make copies of records as necessary. The Authority and its auditors also shall have the right to conclude that the documents provided in support of the audit are the contractor’s complete records; that transactions lacking source documents may be subjected to additional scrutiny and a recommendation for recovery of any additional amounts associated with the missing documents or a decision to exclude any amount normally included as an allowable deduction. If the audit discloses substantial inaccuracies or omissions, this agreement, at the option of the Authority, may be terminated. The Contractor shall provide records and retrievals requested, no later than ten (10) business days after receipt of written notice from the Authority.
Right to Audit and Inspect. In order to verify the validity of any Borrowing Base Certificate, Borrower shall, upon the request of Capital, promptly furnish Capital with copies of Borrower's financial and business records, as well as any information which has been provided by Contract Debtors to Borrower, and Borrower shall warrant the genuineness thereof. For each twelve (12) month period commencing on the date of this Agreement, Capital shall have the right to conduct four (4) periodic audits of the Collateral and Borrower's financial condition at Borrower's expense; provided, however, that Capital may conduct additional audits, at Capital's own expense so long as no Event of Default shall have occurred, during each such twelve (12) month period. Borrower shall pay to Capital as an audit fee Six Hundred Fifty Dollars ($650) per auditor, per day for each audit in connection with the first four (4) audits during each twelve (12) month period, as well as in connection with any audits conducted following an Event of Default and the amount charged shall be deemed included in the "Obligations" when incurred. The maximum audit fees shall not apply to (i) the preliminary audit conducted prior to the date of this Agreement; and (ii) the travel expenses reasonably incurred by Capital in connection with each audit. Borrower shall reimburse Capital for all such travel expenses. Capital will invoice Borrower for such audit fees and travel expenses and Borrower shall pay to Capital the full amount of such costs and expenses within fifteen (15) calendar days from the date of invoice.
Right to Audit and Inspect. The Research Foundation, its auditors, the sponsoring agency, the Comptroller General of the United States, the Comptroller of the State of New York have the right at all times to audit and inspect the operations and records of the Contractor relating to this Agreement.
Right to Audit and Inspect. The Resource Conservation Districts understand and agree to permit County the right to audit and inspect all records, notes and writings of any kind to the extent permitted by law, for the purpose of monitoring compliance with the terms and conditions of this Agreement.
Right to Audit and Inspect. Borrower shall permit any representative of Lender, at any reasonable time but no less often than annually, on or before February 28th, to inspect, audit, examine and make extracts or copies from all books, records and other data relating to the Collateral, to inspect any of Borrower’s properties, to confirm balances due on Accounts by direct inquiry to Account Debtors, and shall furnish Lender with all information regarding the business or finances of Borrower promptly upon Xxxxxx’s request. Xxxxxxxx agrees to pay for Xxxxxx’s out-of-pocket reasonable fees and expenses related to such audits.
Right to Audit and Inspect. Borrower shall permit any representative of Lender, at any reasonable time but no less than annually, on or before June 30th, to inspect, audit, examine and make extracts or copies from all books, records and other data relating to the Collateral, to inspect any of Borrower’s properties, to confirm balances due on accounts by direct inquiry to account debtors, and shall furnish Lender with all information regarding the business or finances of Borrower promptly upon Lender’s request. Borrower agrees to pay for Lender’s reasonable fees and expenses related to such audits, provided however, so long as no Event of Default exists the Borrower shall be obligated to pay for Lender’s reasonable fees and expenses for only annual audits. The Lender is permitted to conduct audits with a greater frequency but at Lenders expense so long as no Event of Default exists. Borrower shall pay for all such audits and inspections if an Event of Default exists at the time of such audit or inspection. The definition entitled “Borrowing Base” is hereby amended and restated as follows:
Right to Audit and Inspect. 5.1 The Parties shall keep complete and correct records and books of accounts, together with supporting materials, reflecting all financial transactions of DFTA or DOITT/MOCTO, respectively, regarding this MOU and the services under it. The Parties further agree to keep all records and books of accounts and supporting materials for seven years following the expiration or termination of this MOU.
5.2 DFTA agrees to provide DOITT/XXXXX’s duly authorized representatives any books, documents, papers, records and supporting documentation (“Records”) relating to or associated with the MOU, including any related vendor records, for the purpose of making audit examination, excerpts, photocopies and transcriptions. The Parties also agree to provide these Records to any agency providing funds to DFTA, the New York City Office of the Comptroller and its designees, the New York City Department of Investigation, the New York City Office of Management and Budget and its designees, and any law enforcement entity.
5.3 DOITT/MOCTO, or at DOITT/MOCTO’s discretion, an independent consultant appointed by DOITT/MOCTO, has the right on giving reasonable notice to DFTA to enter into any premises during regular business hours where any services have been performed or goods installed pursuant to this MOU for the purpose of auditing the use of the DFTA Funds in accordance with the terms set out in this MOU.
Right to Audit and Inspect. A designee of cVideo shall have the right, upon reasonable prior notice and during normal business hours, to audit and inspect any and all books and records used by SYS for the purposes of determining the revenues of the Business for purposes of verifying earnout computation.
Right to Audit and Inspect. Grantee understands and agrees to permit County the right to audit and inspect all records, notes and writings of any kind to the extent permitted by law, for the purpose of monitoring Grantee compliance with the terms and conditions of this Agreement.
