Maintenance and Preservation of Records Sample Clauses

Maintenance and Preservation of Records. CONTRACTOR hereby agrees to timely prepare accurate and complete financial, performance and payroll records, documents and other evidence relating to the services provided pursuant to the terms and conditions of this Agreement, and to maintain and preserve said records for at least three (3) years from the date of final payment hereunder, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefrom. Such records shall be original entry books with a general ledger itemizing all debits and credits for the services provided pursuant to the terms and conditions of this Agreement.
AutoNDA by SimpleDocs
Maintenance and Preservation of Records. Each party hereby agrees to timely prepare accurate and complete records, documents and other evidence relating to its performance hereunder, and to maintain and preserve said records for a period of four (4) years after expiration or termination of this MOU, or as otherwise required by any and all applicable local, state and federal laws, regulations and standards, except that if any litigation, claim, negotiation, audit or other action is pending, such records shall be retained until completion and resolution of all issues arising therefrom.
Maintenance and Preservation of Records. CONSULTANT agrees to timely prepare accurate and complete financial, performance and payroll records relating to the services provided hereunder, and to maintain and preserve said records for at least three (3) years from the date of final payment under this Agreement, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefrom. The books and records shall be original entry books with a general ledger itemizing all debits and credits for the work performed.
Maintenance and Preservation of Records. PMLA, 2002 mainly targets intermediaries to take appropriate steps to evolve an internal mechanism for proper maintenance & preservation of such records & information in a manner that allows easy & quick retrieval of data as & when requested by the competent authorities. In terms of rules made under the PMLA Act, Goldmine shall maintain and preserve a record of:
Maintenance and Preservation of Records. Each Party agrees to timely prepare accurate and complete financial and performance records, documents and other evidence relating to its performance hereunder, and to maintain and preserve said records for a period of three (3) years after the expiration or termination of this Agreement, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefrom.
Maintenance and Preservation of Records. Through the Closing Date, the Seller shall cause the Company and the Subsidiaries to maintain the Records in all material respects in the same manner and with the same care that the Records have been maintained prior to the execution of this Agreement. The Purchaser agrees that it shall preserve and keep the Records of the Company and the Subsidiaries delivered to it hereunder for a period not exceeding the greater of (x) seven (7) years from the Closing Date and (y) the maximum period required under Applicable Law, and shall make such Records available to Sierra or the Seller for inspection and copying at Sierra's own expense for any reasonable purpose, including in connection with the matters described in Sections 3.1, 3.4 and 3.15 and the agreements contemplated by the Contingent Purchase Price Note Agreement, at the Seller's expense. In the event the Purchaser wishes to destroy such Records after that time, it shall first give thirty (30) days' prior written notice to each of Sierra and the Seller and each of Sierra and the Seller shall have the right at its option and at their expense, upon prior written notice given to the Purchaser within said 30-day period, to take possession of said records within sixty 60 days after the date of such notice to the Purchaser. In addition, following the Closing Date, the Seller agrees that it will allow the Purchaser and its representatives (including, without limitation, its independent public accountants and counsel) reasonable access upon reasonable notice and during regular business hours, to Records which remain in the Seller's possession. In the event the Seller wishes to destroy such Records, it shall first give thirty (30) days' prior written notice to the Purchaser, and the Purchaser shall have the right at its option and at its expense upon written notice given to the Seller within said 30-day period, to take possession of said Records within sixty (60) days after the date of such notice to the Seller.
Maintenance and Preservation of Records. XXXXXXXXXX agrees to timely prepare accurate and complete financial, performance and payroll reports, records, documents and other evidence relating to the transportation services provided pursuant to the terms and conditions of this Agreement, and to maintain and preserve said records for at least three (3) years from the date of final payment hereunder, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of any and all issues arising therefrom. Such records shall be original entry books with a general ledger itemizing all debits and credits for the transportation services provided pursuant to the terms and conditions of this Agreement.
AutoNDA by SimpleDocs
Maintenance and Preservation of Records. ERCP agrees to timely prepare accurate and complete financial, performance and payroll records, documents and other evidence relating to the costs and expenses incurred pursuant to the terms and conditions of this MOU, and to maintain and preserve said records for at least three (3) years from the date of final payment hereunder, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefrom. Such records shall be original entry books with a general ledger itemizing all debits and credits for the costs and expenses incurred pursuant to the terms and conditions of this MOU.
Maintenance and Preservation of Records. CITY agrees to timely prepare accurate and complete financial, performance and payroll records, documents and other evidence relating to the costs and expenses incurred pursuant to the terms and conditions of this MOU, and to maintain and preserve said records for at least three (3) years from the date of final payment hereunder, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefrom. Such records shall be original entry books with a general ledger itemizing all debits and credits for the costs and expenses incurred pursuant to the terms and conditions of this MOU.
Maintenance and Preservation of Records. HCOE hereby agrees to timely prepare accurate and complete financial, performance and payroll records, documents and other evidence relating to the services provided pursuant to the terms and conditions of this MOU, and to maintain and preserve said records for at least three (3) years from the date of final payment hereunder, except that if any litigation, claim, negotiation, audit or other action is pending, the records shall be retained until completion and resolution of all issues arising therefrom. Such records shall be original entry books with a general ledger itemizing all debits and credits for the services provided pursuant to the terms and conditions of this MOU.
Time is Money Join Law Insider Premium to draft better contracts faster.