Rights of Inspection and Audit. In addition to the rights of inspection and audit specified in Clauses 6 and 11(f) and subject to the provisions of this Clause 12, either Party may conduct or require the conduct of an inspection or audit relevant to assessing the other Party’s compliance with the Interface Risk Management Plan (including the Rollingstock Interface Standards) and the Safeworking Procedures and Safety Standards periodically as specified in the Interface Risk Management Plan.
Rights of Inspection and Audit. 22.2.1. RSP’s rights and the Licensee’s obligations in respect of inspection and audit of the Licensee’s sales and Refunds of Rail Products under this Agreement:
(a) If at any time RSP believes that the Licensee has made an error of more than £10,000 in the sums it is required to settle to RSP under this Agreement the Licensee shall at its own cost and without undue delay instruct an independent auditor to investigate such error and produce a report of its findings and the Licensee shall supply RSP with a copy of such report within ten (10) Business Days of its issue.
(b) If the auditor's investigation concludes or indicates that the Licensee did not have an error, or did have an error in the sums it is required to settle to RSP under this Agreement but that such error did not exceed £10,000 RSP shall reimburse the Licensee in the sum of the proven fee charged by the independent auditor.
(c) Upon notification by the Licensee of any error pursuant to sub-Clause (a) above RSP shall instruct the Licensee as to what action it should take in order to correct such error and the Licensee shall carry out such action in accordance with RSP's reasonable instructions. The Licensee shall be responsible for the cost of remedying such error.
22.2.2. The Licensee must permit, and shall use its reasonable endeavours to ensure that any Sub- Licensee or White Label appointed by it must permit RSP or anyone authorised by it, on reasonable notice, to observe the Licensee’s systems for the sale of Rail Products and the making of Rail Product Refunds and to inspect any records, Approved Site(s), Approved TIS or other property that RSP or anyone so authorised reasonably requires to inspect so as to verify that the Licensee has performed and is capable of performing its obligations under this Agreement and in particular its obligations under Clause 12 of this Agreement.
22.2.3. The Licensee must give every reasonable assistance to RSP and anyone so authorised, and must comply with all their reasonable requests (including a request to take copies or extracts from the Licensee’s ATOC- and/or RSP-related records), subject to Clauses 28 and 37, subject to the provisions of applicable national privacy or other laws.
22.2.4. The Licensee or Licensee’s TIS shall undertake at least once each year an internal audit of its compliance with its obligations to RSP under this Agreement and submit to RSP a self certification statement(s) in accordance with Schedule 13. In respect of any failure...
Rights of Inspection and Audit. (a) Either Party may conduct, or require the conduct of, an inspection or audit in accordance with this clause 26 to assess the other Party’s compliance with the IRMP, the Applicable Safeworking Procedures and Applicable Safety Standards periodically as specified in the IRMP.
(b) Without limiting clause 26.2(a), if a Party reasonably believes that the other Party has not complied, or is not complying, with any aspect of the IRMP, then that Party may conduct, or require the conduct of, an inspection or audit in accordance with this clause 26 to assess the other Party’s compliance with the IRMP.
Rights of Inspection and Audit. SAIF and GSHS shall have reasonable access upon the provision of prior written notice of at least 5 calendar days, to examine, inspect and audit, at its own expense, the books, records and accounts of the Company and Indian Co during normal business hours.
Rights of Inspection and Audit. (a) at any reasonable time during normal business hours and from time to time upon reasonable prior notice, not more than twice per year per Obligor, unless an Event of Default has occurred and is continuing, the Obligors shall permit the Administrative Agent and any Lender or any representative thereof (at the reasonable expense of the Borrowers) to (i) examine and make copies of and abstracts from the records and books of account of the Obligors, (ii) visit and inspect the premises and properties of the Borrowers (in each case at the risk of the Borrowers, except for the gross negligence or wilful misconduct of the inspecting party or the failure of any such inspecting party to comply with the Obligors’ health and safety requirements, as advised to such inspecting party), and (iii) discuss (outside of the normal course communications between the Administrative Agent and any Obligor) the affairs, operations, finances and accounts of the Obligors with any of the officers or directors of the Obligors or, with the prior written consent of Master Borrower or after the occurrence and during the continuance of an Event of Default, their respective accountants, consultants or other third party consultants or representatives of the Obligors, and (b) make the necessary information available and permit the Agent and the Lenders or their agents to conduct flooring, and/or daily rental and/or revolving term audits, as applicable, during normal business hours once per Fiscal Quarter for each Borrower, provided that the Administrative Agent and the Lenders reserve the right to increase the frequency of such audits once per month for each Borrower if (i) an Event of Default has occurred and is continuing or (ii) the results of a prior audit were not satisfactory to the Agent and the Lenders, acting reasonably, and the applicable Borrower is provided with written notice that such results were not satisfactory. Except for information required to be disclosed by Applicable Law and information in the public domain, any information regarding the Obligors obtained pursuant to this Section 10.1(6) or otherwise pursuant to any Loan Document shall, for so long as no Event of Default has occurred and is continuing, not be disclosed to third parties other than agents or other professionals engaged by the Administrative Agent or any Lender to advise it with respect to this Agreement.
Rights of Inspection and Audit. PIAC shall have reasonable access upon the provision of prior written notice of at least 15 Business Days, to examine, inspect and audit, at its own expense, the books, records and accounts of the Company during normal business hours.
Rights of Inspection and Audit. The United States Department of Agriculture, the Kentucky Department of Agriculture, or any of their duly authorized representatives shall have unrestricted access to inspect donated foods in storage or the facilities used in handling or storage of such donated foods, to inspect and audit all records including financial records and reports pertaining to the use of donated foods, and to review or audit the procedures and methods used in carrying out the requirements of this Agreement at any reasonable time.
Rights of Inspection and Audit. The Supplier hereby agrees that the Customer and its representatives shall have full access to the premises, facilities, books, records and operations of the Supplier during the term of the license granted hereunder for the purpose of enabling the Customer to verify compliance by the Supplier with all of the terms and conditions of this Agreement as it pertains to the operation of this equipment and software.
Rights of Inspection and Audit. Should District elect from time to time to inspect the books of account and records referenced in Section 6.15 or the Reports or any supporting information referenced in Section 6.15, Operator shall provide District and its representatives, upon three (3) calendar days prior written notice, unlimited access to all of its books of account and records (including but not limited to those records maintained on microfilm and computer disks), Reports and supporting information, all of which may be copied by District and its representatives. Without limiting the generality of the foregoing, the District or its representative shall have the right, upon three (3) calendar days prior notice, at any time and from time to time, to audit all of the records of Operator relating to business transacted at or from the Airport including, but not limited to, those identified in Section 6.15 and, upon request, Operator shall make all such information available for such examination at the Airport, all of which may be copied by District and its representatives. If delay or additional costs are incurred in connection with such audit, which are caused by Operator, Operator shall be responsible for such additional costs. If Operator so desires, and District concurs, the District or its representative may conduct the audit at a location, other than at the Airport, at Operator’s expense, including, but not limited to, Operator’s reimbursement of District’s travel expenses, travel time, and other related expenses. None of the aforementioned expenses shall be included as a Reimbursement by Operator under the provisions of this Agreement. If an audit discloses that any of the books of account or records or Reports then being audited understated or overstated the annual or annualized Gross Receipts by two percent or more, overstated annual or annualized Reimbursements by two percent or more, or overstated Operator’s annual or annualized Compensation by two percent or more, the costs and expenses of the audit, the amount due and interest on the amount due at the rate of fifteen (15) percent per annum from the end of the month in which such discrepancy occurred, shall be paid immediately to District by Operator. The understatement or overstatement shall also constitute a breach of this Agreement. If an audit discloses amounts due District below the threshold amounts aforesaid, the amount due, together with interest on the amount due at the rate of fifteen (15) percent per annum from the e...
Rights of Inspection and Audit. Gen-Probe shall have the right, during normal business hours and at reasonable intervals, to visit STRATEC’s facility to conduct evaluations of the performance by STRATEC under this Agreement. Gen-Probe shall provide reasonable prior written notice to STRATEC of the time and date of each such visit. STRATEC shall use its best efforts to permit and enable Gen-Probe to have access, during normal business hours and with reasonable advance notice, to STRATEC approved agents and subcontractors, including their facilities and records, retained by STRATEC for the purposes hereof.
