Common use of Payment Audit Clause in Contracts

Payment Audit. (a) Payment for all Equipment provided by SES for a Project shall be due on the date that falls ___ (___) days following the delivery by SES of the Equipment to the Project site or the issuance by SES to the relevant Project Company of a written invoice setting forth a detailed description of the costs incurred by SES for the procurement of each item of Equipment and the corresponding price to be paid therefor by the Project Company or AEI, as applicable. (b) Without prejudice to payment obligations hereunder, the relevant Project Company and each Developer participating in a Project shall have the right, upon prior written notice to SES, to inspect the written books and records of SES relating to the procurement and supply of Equipment pursuant to the Agreement. Such inspection shall take place at the head offices of SES. Exhibit E - To The Project Development Agreement

Payment Audit. (a) Payment for all Equipment provided by SES for a Project shall be due on the date that falls ___ (___) days following the delivery by SES of the Equipment to the Project site or the issuance by SES to the relevant Project Company of a written invoice setting forth a detailed description of the costs incurred by SES for the procurement of each item of Equipment and the corresponding price to be paid therefor by the Project Company or AEI, as applicable. (b) Without prejudice to payment obligations hereunder, the relevant Project Company and each Developer participating in a Project shall have the right, upon prior written notice to SES, to inspect the written books and records of SES relating to the procurement and supply of Equipment pursuant to the Agreement. Such inspection shall take place at the head offices of SES. Exhibit E - To The Project Development Agreement.