7AuditandInspectionRightsoftheGovernment Sample Clauses

7AuditandInspectionRightsoftheGovernment. 1.7.1 Withoutprejudiceto statutory rights, the Government, upon at least twenty (20) Business Days advance writtennoticetotheContractor,shallhavetherighttoinspectandaudit,duringnormalbusinesshours,all records and documents supporting income, such as the Contractor’s accounts, books, records, invoices, price lists or similar documentation with respecttothePetroleumOperationsconductedhereunderineach Year,withinthree(3)Years(orsuch longerperiodasmayberequiredinexceptionalcircumstances)fromtheendofsuch Year.
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