Common use of REPORTING & AUDIT Clause in Contracts

REPORTING & AUDIT. In respect of the supply of goods or services for aircraft use, Supplier shall retain all records pertaining to such goods or services for a period of at least seven years from the date of shipment. Records must be held in their current form and may not be amended, modified in any way or destroyed without prior consent of Airbus NZ. The Supplier will allow a person or persons authorised by Airbus NZ to inspect records during normal business hours and to take copies and extracts from the records. Airbus NZ, and in some cases Airbus NZ’s customer or related authority, on giving reasonable notice, may enter the Suppliers premises to ensure that the Supplier is complying with its obligation under this agreement or for any other purpose specified by Airbus NZ in its notice to Supplier. Supplier will give all reasonable assistance in relation to Airbus NZ visit.

Appears in 2 contracts

Sources: Purchase Order Agreement, Purchase Agreement