Common use of Books of Account and Records Clause in Contracts

Books of Account and Records. Independent Contractor shall at all times maintain accurate books and records of account covering the Work performed under this Agreement in accordance with generally accepted accounting principles. AWVMC shall have the right to inspect, audit and copy Independent Contractor's books and records for the purpose of verifying compliance with all terms, conditions and provisions of this Agreement. Independent Contractor shall keep and preserve such books and records for at least five years after the termination or expiration of this Agreement.

Appears in 4 contracts

Samples: Contract Mining Agreement (Anker Coal Group Inc), Contract Mining Agreement (Anker Coal Group Inc), Contract Mining Agreement (Anker Coal Group Inc)

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Books of Account and Records. Independent Contractor shall at all times maintain accurate books and records of account covering the Work performed under this Agreement in accordance with generally accepted accounting principles. AWVMC shall have the right to inspect, audit and copy Independent Contractor's books and records for the purpose of verifying compliance with all terms, conditions and provisions of this Agreement; provided, however, the AWVMC shall not have the right to inspect, audit or copy Independent Contractor's financial statements. Independent Contractor shall keep and preserve such books and records for at least five years after the termination or expiration of this Agreement.

Appears in 1 contract

Samples: Contract Mining Agreement (Anker Coal Group Inc)

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