Records and Auditing. 8.1 Each Party will maintain complete and accurate books, records and accounts used for the determination of any payment obligations under this Agreement, which books, records and accounts will be retained by such Party until [***] ([***]) years after the end of the period to which such books, records and accounts pertain. The Licensee shall make such books, records and accounts available to Ascendis for an additional [***] ([***]) years if reasonably available and required by the applicable tax authority.
Records and Auditing. General Contractor will require all subcontractors, Vendors and suppliers, and Prime Consultant will require that all subconsultants be bound by the records retention and auditing provisions in Section 10.13.
Records and Auditing. Indevus shall maintain complete and accurate records which are relevant to payments under this Agreement and, upon the written request of Schering with at least ten (10) Business Days’ notice, Indevus shall permit an independent certified public accounting firm of internationally recognized standing selected by Schering and consented to by Indevus, to have access to such records during reasonable business hours for any Contract Year ending not more than three (3) full Years prior to the date of such request for examination at Schering’s expense and not more often than once each Year, for the sole purpose of verifying for Schering the correctness of calculations under this Agreement. Schering shall bear its own costs related to such audit; provided, that for any underpayments by Indevus in an amount greater than five percent (5%) of the amounts owed in the aggregate by Indevus under this Agreement and the License Agreement for the applicable period or periods being examined, Indevus shall pay Schering the amount of underpayment, interest on the amount of the underpayment as provided for in Section 10.2 from the time the payment was due and the reasonable out-of-pocket costs of such accounting firm. For any underpayments by Indevus in an amount less than five percent (5%) of the amounts owed in the aggregate by Indevus for the applicable period or periods being examined under this Section 9.2, Indevus shall pay Schering the amount of such underpayment. Any overpayments by Indevus will, at Indevus’ option, be refunded to Indevus or credited to future payments. The accounting firm shall disclose to Schering only whether the reports are correct or incorrect and the specific details concerning any discrepancies. Any records or accounting information received from Indevus shall be confidential information solely for the purpose of Section 9.2. Results of any such audit shall be provided to both Parties and shall be considered Confidential Information as defined in Section 13.1. Upon the expiration of twenty-four (24) months following the end of any Contract Year the calculation of amounts owed for such Contract Year shall be binding and conclusive upon Schering, and Indevus shall be released from any liability or accountability with respect to payments for such Contract Year.
Records and Auditing. 8.0 The Manager will maintain separate records of business written by the Manager for the Company. The Company has the right, upon reasonable written notice and during normal business hours of the Manager, to copy, inspect and audit all the records, files and documents related to the Business as the Company, at its sole discretion, deems necessary. The Manager agrees to cooperate with the Company in conducting such inspections and audits. The insurance commissioner of the State of Wisconsin (the "Commissioner") shall have access to all books, bank accounts and records of the Manager in a form usable by the Commissioner. The Manager shall retain records according to sections Ins 6.61 and 6.80 of the Wisconsin Administrative Code Rules of the Commissioner of Insurance.
Records and Auditing. 8.1 Each Party shall, and the Licensee shall procure that its Affiliates and Sub-Licensees shall, maintain complete and accurate books, records and accounts used for the determination of any payment obligations under this Agreement, which books, records and accounts will be retained by such Party until [***] after the end of the period to which such books, records and accounts pertain.
Records and Auditing. Each party shall maintain complete and accurate records of the activities performed under this Agreement (including records of sales and distribution) for a period of three (3) years after the completion thereof. Records relating to the performance of this Agreement shall be made available in confidence to other party's independent certified public accountants (or equivalent for non-U.S. jurisdictions) upon reasonable notice, which records may be used for the sole purpose of auditing a party's compliance with the Agreement. In the event that a shortfall greater than 10% is discovered in royalties paid by a party, such audit shall be at the audited party's expense, and such party shall promptly make up the difference.
Records and Auditing. 11.1 Lipoxen and Pharms shall during the term of this Agreement and for a period of five (5) years thereafter, keep at their normal place of business detailed and up-to-date records and accounts showing:-
Records and Auditing. City reserves the right to periodically audit all charges made by Operator to City for services under this Agreement. Upon request, and within 15 calendar days, Operator agrees to furnish City, or a designated representative, with necessary information and assistance. All expenses for City requested audits will be the responsibility of the City. Operator agrees that City or its delegate shall have the right to review, obtain, and copy all records pertaining to performance of the Agreement. Operator agrees to provide City or its delegate with any relevant information requested, and shall permit City or its delegate access to its premises, upon reasonable notice, during normal business hours for the purpose of interviewing employees and inspecting and copying such books, records, accounts, and other material that may be relevant to a matter under investigation for the purposes of determining compliance with this Agreement. Operator agrees to maintain such records for a period of three years from the date that final payment is made.
Records and Auditing. Contractor shall maintain and make available to “X”, its funder(s), and its and their auditors upon request sufficient books and records, including all backup documentation justifying expenses, for a minimum of three (3) years or such other longer period as may be required by the applicable laws after the conclusion of this Agreement to verify compliance with the terms and conditions herein.
Records and Auditing. Contractor agrees to maintain all records that are pertinent to this Agreement for a period of three years following termination and final payment. These records shall be subject at all reasonable times for inspection, review, or audit by personnel duly authorized by the State of South Dakota, and federal officials so authorized by law.
