Common use of Open Book Clause in Contracts

Open Book. ‌ 43.1 The Service Provider shall: (a) provide to TTL Personnel information on a Monthly basis (or more frequently as the Parties may agree in writing) in accordance with the template set out in Schedule 30 (Open Book Template) together with such supporting information as TTL may reasonably require; (b) ensure that the proportion of central overhead allocated to the provision of the Services shall be certified by the Service Provider’s chief financial officer to the effect that it is equivalent to other allocations of such overhead in respect of comparable business units (in terms of size and nature of business) within the Service Provider; and (c) prepare and provide the Project Accounts in accordance with the provisions of Clauses 43.1(a) and 43.1(b) above.