Auditable Records definition

Auditable Records means data, information, documents, and records (electronic or physical) which are (i) the basis for any fees, expenses or other charges to USAA FSB or other amounts payable pursuant to Article 5 with the exception of internal costs except to the extent such costs are the basis upon which USAA FSB is charged or paid, to include, but not be limited to, records, timesheets, work specifications, consulting charges, invoice, travel and living expenses, and employee expense records, and (ii) related to the Services or Deliverables provided under this Agreement and any Order Addendum, including Supplier’s performance of the Services, operational practices, procedures and policies, internal and external controls, security practices and procedures, confidentiality, compliance with laws and regulations, disaster recovery and backup procedures, complaints and complaint handling, and any other documents, records or information, all to the extent reasonably necessary to ensure compliance with this Agreement and any applicable Order Addendum.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Auditable Records means, in relation to a party, the records specified as "auditable records" in respect of that party in paragraph 1 of Part C of the Connection Agreement Data Book.

Auditable Records means all accounting records for the expenditures relating to the services and Work provided under this Agreement, including records, books, papers, documents, subscriptions, recordings, agreements, purchase orders, invoices, equipment leases, contracts, commitments, arrangements, notes, daily diaries, reports, receipts, vouchers, and similar documents reasonably requested by the County.

Examples of Auditable Records in a sentence

• Auditable Records - Pm-chaser shall keep true, accurate and consistent records containing regular entries relating to the net sales derived from the use, offer for sale, sell, lease, rent and export of Products and Related Services, by country (if applicable).

• The direct cost of copying any Auditable Records, excluding any overhead costs, shall be at the expense of the County.

• Such Auditable Records shall be made available at the Reporting Person's local place of business or at another local location upon reasonable notice to the Reporting Person or the County, as applicable.

• The auditing party must give at least 5 Business Days’ notice to a non-auditing party of its desire to carry out an audit, which notice must include the following information: the Auditable Records which the auditing party wishes to audit; the name of the officers, employees and/or their representatives appointed by the auditing party to conduct the audit; and the time or times at which the auditing party would prefer the audit to commence.

• An audit conducted under clause 8.4 will take place at the place where the Auditable Records are located or such other place as the relevant parties agree.

• DBT shall maintain, and shall require by written agreements with EOR and their respective Consultants and Subcontractors to maintain, all Auditable Records.

• In carrying out an audit, the auditing party may make notes from the Auditable Records but may not make copies of them.

• For the purposes of this Article 7, each Person obligated to maintain Auditable Records as provided herein is referred to as a "Reporting Person." Such Auditable Records shall include hard copy and computer readable data.

• For the purposes of this Article 9, each person obligated to maintain Auditable Records as provided herein is referred to as a "Reporting Person." Such Auditable Records shall include hard copy and computer readable data.

• In those situations where Auditable Records have been generated from computerized data (whether mainframe, mini- computer, or PC based computer systems), the County shall be provided with extracts of data files in computer readable format on data disks or suitable alternative computer exchange formats.

More Definitions of Auditable Records

Auditable Records means the Records specified in respect of a party in Schedule 7(2).

Auditable Records means all accounting records for the expenditures of all funds comprising Project Costs or the Loan relating to the design, construction, furnishing and equipping of the Facility through Final Completion, including records, books, papers, documents, subscriptions, recordings, agreements, purchase orders, invoices, equipment leases, contracts, commitments, arrangements, notes, daily diaries, reports, receipts, vouchers, and similar documents reasonably requested by the County that pertain to Developer's design and construction obligations under this Agreement.

Auditable Records means accurate auditable evidence maintained in any type of media; including, but not limited to, records, timesheets (or time tracking systems of any type), employment records, work specifications, project management notes and reports; consulting charges, invoices, travel and living expenses, receipts and employee expense records, which are the basis of, or otherwise directly relate to, charges for any fees, expenses or other charges to USAA under this Agreement.