Common use of Contract Modifications for Prospective Legal Events Clause in Contracts

Contract Modifications for Prospective Legal Events. In the event any state or federal laws or regulations, now existing or enacted or promulgated after the effective date of this Agreement, are interpreted by judicial decision, a regulatory agency or legal counsel of School and USM in such a manner as to indicate that the structure of this Agreement may be in violation of such laws or regulations, School and USM shall amend this Agreement as necessary so as to fully comply with such state or federal laws or regulations as so interpreted. Access to Records. Until the expiration of four (4) years after the furnishing of the services provided under this Agreement, the parties agree to make available to the Secretary, U.S. Department of Health and Human Services, the U.S. Comptroller General, and their representatives, this Agreement and all books, documents and records necessary to certify the nature and extent of the costs of the services rendered under this Agreement. If the duties of this Agreement are carried out through a subcontract worth $10,000 or more over a twelve (12) month period with a related organization, the subcontract will also contain an access clause to permit access by the Secretary, Comptroller General and their representatives to the related organization’s books and records. This clause applies regardless of whether the party is designated elsewhere in this Agreement as a contractor, subcontractor, vendor, and seller or otherwise.

Appears in 4 contracts

Samples: Athletic Training Services Agreement, Athletic Training Services Agreement, Athletic Training Services Agreement

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