Keeping and Status of Records Sample Clauses
The "Keeping and Status of Records" clause requires parties to maintain accurate and up-to-date records related to the agreement. Typically, this involves specifying the types of records to be kept, the format in which they should be maintained, and the duration for which they must be preserved. For example, a service provider may be required to keep financial records, correspondence, or compliance documents for a set number of years. The core function of this clause is to ensure transparency and accountability by providing a clear framework for recordkeeping, which can be critical for audits, dispute resolution, or regulatory compliance.
Keeping and Status of Records. 8.1 R ecords Created as Part of RGS’ Performance. All final versions of reports, data, maps, models, charts, studies, surveys, photographs, memoranda, plans, studies, specifications, records, files, or any other documents or materials, in electronic or any other form, that RGS prepares or obtains pursuant to this Agreement and that relate to the matters covered hereunder shall be the property of Agency. RGS hereby agrees to deliver those documents to Agency upon termination of the Agreement, if requested. It is understood and agreed that the documents and other materials, including but not limited to those described above, prepared pursuant to this Agreement are prepared specifically for Agency and are not necessarily suitable for any future or other use.
Keeping and Status of Records. 9.1 Records Created as Part of Consultant's Performance. All reports, data, maps, models, charts, studies, surveys, photographs, memoranda, plans, studies, specifications, records, files, or any other documents or materials, in electronic or any other form, that Consultant prepares or obtains pursuant to this Agreement and that relate to the matters covered hereunder shall be the property of the City. Consultant hereby agrees to deliver those documents to the City upon termination of the Agreement. It is understood and agreed that the documents and other materials, including but not limited to those described above, prepared pursuant to this Agreement are prepared specifically for the City and are not necessarily suitable for any future or other use. The City and Consultant agree that, until final approval by the City, all data, plans, specifications, reports and other documents are confidential and will not be released to third parties without prior written consent of both Patties except as required by law.
Keeping and Status of Records
Keeping and Status of Records