Examples of Key Subcontractor in a sentence
The Operator must ensure that its Accounts and Records are available to the Commonwealth and its nominee at any time during business hours (subject to receiving 5 Business Days' prior notice from the Commonwealth) during the Term and for a period of seven years after the termination or expiry of this Agreement for examination, audit, inspection, transcription and copying and must ensure that each Key Subcontractor does likewise.
If the Commonwealth then fails to consent or refuse that consent within that further 20 Business Day period, the Commonwealth will be deemed to have consented to the Operator entering into that Key Subcontractor.
If this Agreement is terminated or expires, the Operator must give the Commonwealth and its nominee access to all of its Accounts and Records which are necessary for the carrying out of the Operator's obligations under this Agreement and must ensure that each Key Subcontractor does likewise in relation to each of its or their Accounts and Records.
The Operator must procure that each Key Subcontractor retains all its Accounts and Records related to the work and services undertaken pursuant to this Agreement during: the Construction Period for a period of seven years after the earlier of termination of that Key Subcontract and COD; and the Operations Period for a period of seven years after termination or expiration of this Agreement or such longer period as may be required by Law.
If the Commonwealth fails to consent or refuse that consent within that 20 Business Day period, the Operator must issue a notice to the Commonwealth warning it that if the Commonwealth fails to consent or refuse that consent within a further 20 Business Days after receipt of that warning, the Commonwealth will be deemed to have consented to the Operator entering into that Key Subcontractor.