Common use of Auditing Rules Clause in Contracts

Auditing Rules. Any audit shall be conducted in accordance with generally accepted auditing standards and according to IP’s reasonable and customary office policies and procedures. Each such audit shall be completed within ten (10) consecutive Business Days and, in no event, shall any audit under this paragraph commence during the last two (2) weeks of any calendar quarter. Further, IP shall have the right to have a representative present at any such audit.

Appears in 3 contracts

Sources: Fiber Purchase Agreement (Sylvamo Corp), Fiber Purchase Agreement (Sylvamo Corp), Fiber Purchase Agreement (Sylvamo Corp)