Audit; Verification. Sylvamo is entitled, on giving at least fifteen (15) Business Days prior written notice to IP, no more than one time per calendar year during the Term and only during IP’s normal business hours, to have a reputable, independent certified public accounting firm reasonably acceptable to IP (the “Auditor”) audit: (a) the Product purchasing transaction / contract details of IP for the Area ▇▇▇▇▇ and Third Party Yards supporting Area ▇▇▇▇▇. Product purchasing/transaction contract details for the Client ▇▇▇▇▇ are subject to confidentiality; (b) IP’s maintenance practices and spend at Supporting Facilities; (c) amounts charged to Sylvamo for IP Procurement Services and Products.
Appears in 3 contracts
Sources: Fiber Purchase Agreement (Sylvamo Corp), Fiber Purchase Agreement (Sylvamo Corp), Fiber Purchase Agreement (Sylvamo Corp)