AUDIT CLAUSE. It is hereby agreed that Crime Stoppers will follow the provisions, as applicable, in the Louisiana Audit Law (Louisiana Revised Statutes 24:513). The Legislative Auditor of the State of Louisiana, and/or the Office of the Governor, Division of Administration auditors shall have the option of inspecting and auditing all data, records, and accounts of Crime Stoppers which relate to this Agreement, upon request. Crime Stoppers shall maintain all books and records pertaining to this Agreement for a period of three years after the date of final payment under the prime contract and any subcontract entered into under this Agreement or three years from the date of termination of the prime contact and any subcontract entered into under this Agreement, whichever is later.
AUDIT CLAUSE. It is hereby agreed that LCDC will follow the provisions, as applicable, in the Louisiana Audit Law (Louisiana Revised Statutes 24:513). The Legislative Auditor of the State of Louisiana, and/or the Office of the Governor, Division of Administration auditors shall have the option of inspecting and auditing all data, records, and accounts of LCDC which relate to this Agreement, upon request. LCDC shall maintain all books and records pertaining to this Agreement for a period of three years after the date of final payment under the prime contract and any subcontract entered into under this Agreement or three years from the date of termination of the prime contact and any subcontract entered into under this Agreement, whichever is later.
AUDIT CLAUSE. It is hereby agreed that the Legislative Auditor of the State of Louisiana, and/or the Office of the Governor, Division of Administration auditors shall have the option of inspecting and auditing all data, records and accounts of the Contracting Parties which relate to this Agreement, upon request.
AUDIT CLAUSE. It is hereby agreed that TAAHM will follow the provisions, as applicable, in the Louisiana Audit Law (Louisiana Revised Statutes 24:513). The Legislative Auditor of the State of Louisiana, and/or the Office of the Governor, Division of Administration auditors shall have the option of inspecting and auditing all data, records, and accounts of TAAHM which relate to this Agreement, upon request. TAAHM shall maintain all books and records pertaining to this Agreement for a period of three years after the date of final payment under the prime contract and any subcontract entered into under this Agreement or three years from the date of termination of the prime contact and any subcontract entered into under this Agreement, whichever is later.
AUDIT CLAUSE. Lessee further grants to Lessor the right annually to examine, audit, or inspect books, records, and accounts of Lessee pertinent to the purpose of verifying the accuracy of the reports and statements furnished to Lessor, and for checking the amount of payments lawfully due the Lessor under the terms of this agreement. In exercising this right, Lessor shall give reasonable notice to Lessee of its intended audit and such audit shall be conducted during normal business hours at the office of Lessee. Such examination and audit shall be at the sole cost and expense of Lessor.
AUDIT CLAUSE. Seller shall keep, and shall cause to keep, in accordance with generally accepted accounting practices consistently applied, during and for a period of 3 years after the end of the STC, books, records and all other accounts normally kept in such circumstances, pertaining to the actions undertaken hereunder. Buyer shall audit such records within a period of three (3) years from the date of PO. If an audit undertaken hereunder indicates any error in Seller’s invoices or in any payments made hereunder, appropriate adjustments in payments due shall be made.
AUDIT CLAUSE. If XTO Energy will own an interest after Closing in any Interest or Property (including overriding royalties, deep rights, and facilities, equipment, or pipelines) or continue to own interests for which XTO Energy requires access across the Interests or Property in order to exercise its rights, then, XTO Energy will reserve concurrent interests in the applicable easements, rights-of-way, contracts and other rights relating to the retained or reserved interests. XTO Energy reserves the right to perform an audit as stated below one (1) time per calendar year, unless the Parties mutually agree to additional audits to be performed in the same calendar year. XTO Energy, upon reasonable advance notice in writing to Buyer, shall have the right during normal business hours to access Buyer’s offices, facilities, work sites, warehouses, books, records, correspondence, instructions, plans, drawings, receipts, vouchers, financial accounts, data stored in computer files or microfiche and personnel to audit Buyer’s accounts and records relating to the retained royalty interest, including any hedge agreements, facilities used for the measurement of production from the properties, for any calendar year within the twenty-four (24) month period following the end of such calendar year. The same audit rights are to extend to subcontractors. Buyer shall maintain supporting data and accounting records consistent with generally accepted accounting principles, and the employees and agents of XTO Energy shall have the right to reproduce and retain for the purpose of audit, any of these documents. XTO Energy shall not be liable for any of Buyer’s contractor’s or subcontractor’s costs resulting from an audit hereunder.
AUDIT CLAUSE. The Parties will be subject to the examination and audit of the State Auditor for a period of three years after the final payment under this Agreement (Government Code Section 8546.7).
AUDIT CLAUSE. It is hereby agreed that the Legislative Auditor of the State of Louisiana, and/or the Office of the Governor, Division of Administration auditors shall have the option of inspecting and auditing all data, records, and accounts of LCDC which relate to this Agreement, upon request. LCDC shall maintain all books and records pertaining to this Agreement for a period of three years after the date of final payment under the prime contract and any subcontract entered into under this Agreement or three years from the date of termination of the prime contact and any subcontract entered into under this Agreement, whichever is later.
AUDIT CLAUSE. The Union shall be permitted to inspect and audit the Employer's record of time worked by Employees and contributions made to the Plans and shall be allowed the time necessary to complete the audit.
