Examples of Accounts and Records in a sentence
The Operator must retain and must procure that each Key Subcontractor retains all Accounts and Records relating to this Agreement for a period of seven years after termination or expiration of this Agreement or such longer period as may be required by Law.
The Operator shall ensure that each Key Subcontractor gives the Commonwealth and its nominee, access to its or their: premises; and Accounts and Records, relevant to or impacting on the performance of the Operator's obligations under this Agreement including the right to copy any Accounts or Records for the purposes of this Agreement.
The Operator must ensure that its Accounts and Records are available to the Commonwealth and its nominee at any time during business hours (subject to receiving 5 Business Days' prior notice from the Commonwealth) during the Term and for a period of seven years after the termination or expiry of this Agreement for examination, audit, inspection, transcription and copying and must ensure that each Key Subcontractor does likewise.
The Commonwealth may elect to commission an “Auditor” to audit and inspect the Accounts and Records of the Operator and, to the extent reasonably required by the Commonwealth, the Operator’s Related Bodies Corporate and/or Key Subcontractors, for the purpose of verifying: the accuracy of any report or information provided by the Operator arising from or in connection with this Agreement; and the Operator’s compliance with this Agreement.
During the performance of this Agreement, the Operator shall give the Commonwealth and its nominee access to: its premises; and any of its Accounts and Records, relevant to or impacting on the performance of this Agreement, including the right to copy any Accounts and Records for the purposes of this Agreement.
If this Agreement is terminated or expires, the Operator must give the Commonwealth and its nominee access to all of its Accounts and Records which are necessary for the carrying out of the Operator's obligations under this Agreement and must ensure that each Key Subcontractor does likewise in relation to each of its or their Accounts and Records.