Accounting Audit Rights. TH will provide HGI with a monthly accounting of all revenue received from 3rd party advertisers and make adjustment to the monthly rental payment based on such accounting. HGI has the right, at its own expense, to audit the books and records of TH as they apply to the advertising set forth in this Agreement. Should those books and records have a discrepancy of more than 5%, TH shall repay that amount and reimburse HGI for the audit.
Accounting Audit Rights. HGI will provide TH with a monthly accounting of all transactions processed thru the ATM’s installed at the TH locations. TH has the right on a yearly basis, at its own expense, to audit the books and records of HGI as they apply to the ATM transactions forth in this Agreement. Should those books and records have a discrepancy of more than 5% from the monthly accounting provided, HGI shall repay that amount and reimburse TH for the audit.
Accounting Audit Rights. The Parties shall comply with Laws and Regulations and prevailing industry standards relating to accounting for payments and taxes including maintaining suitable forms, books and records. If necessitated by Laws and Regulations, such forms, books and records relating to performance under this Contract shall be open for inspection by a Party or a third party accounting firm agreeable to both Parties, upon the requesting Party giving the other Party reasonable Notice.
Accounting Audit Rights. (a) Licensee shall account to Licensor for all sales hereunder within forty-five (45) days after the end of each calendar semester. Said accounting shall provide a detailed and specific list of all sales during the applicable period for any reason.
(b) Licensor shall have the right to audit all manufacturing and sales records with regard to this agreement, not more than once per year. In the event of a discrepancy in excess of five percent (5%), you shall pay all costs of such audit.
Accounting Audit Rights. Landowner shall have the right to request Producer Partner to confirm its current balance of accounts payable (“Contas a Pagar”).
Accounting Audit Rights. EN shall keep and maintain books, records, accounts and other documents sufficient to reflect accurately and completely all Project Costs incurred pursuant to this Agreement and any other costs which are the basis of a payment hereunder. Such records shall include receipts, memoranda, vouchers, inventories, and accounts of every kind and nature pertaining to the goods and services, as well as complete copies of all contracts, purchase orders, service agreements and other such agreements entered into in connection therewith. The City, its designees, and any independent auditor appointed by City, and State of Washington Auditor, shall have access, upon reasonable advance notice in writing, to all such records maintained by EN, for the purposes of auditing and verifying Project Costs or any other costs or expenses claimed to be due and payable hereunder. Such Parties shall have the right to reproduce any such records at their expense, and EN shall keep and preserve all such records for a period of at least three (3) years from and after the close of the Calendar Year in which such Project Costs were incurred. EN shall keep records of partial releases of mechanics liens and materialman liens, if any.
Accounting Audit Rights. Within fifteen (15) days after the end of each month during the Term of this Agreement, Sephora will issue a report to AAI that details for the prior month (and cumulatively year-to-date) the calculation of Net Revenue, Capital Expenditures, Adjacent AAI Facility Product Revenue, Adjacent AAI Facility Service Revenue, and net profit from Sephora Alliance Stores calculated in accordance with Schedule 4 attached hereto and incorporated herein by this reference. AAI (and its professional advisors, if applicable) will be entitled to examine the accounting books and records of Sephora during normal business hours that pertain specifically to these calculations and Sephora will provide sufficient access to enable AAI to verify the accuracy of the calculated amounts. AAI will be responsible for the costs of such examination; provided, however, that (i) if AAI discovers an underpayment by Sephora of amounts owed under this Agreement that exceeds 10% of the amount actually owed, the costs of the audit will be paid by Sephora, and (ii) if AAI thereafter discovers a second underpayment by Sephora of amounts owed under this Agreement that exceeds 5% of the amount actually owed, Sephora will bear the cost of that audit and all subsequent audits by AAI.
Accounting Audit Rights. EN shall keep and maintain books, records, accounts and other documents sufficient to reflect accurately and completely all Project Costs incurred pursuant to this Agreement and any other costs which are the basis of a payment hereunder. Such records shall include receipts, memoranda, vouchers, inventories, and accounts of every kind and nature EWEB Contract Number: 20-105-IGA EN Contract Number: X-40683 pertaining to the goods and services, as well as complete copies of all contracts, purchase orders, service agreements and other such agreements entered into in connection therewith. EWEB, its designees, and any independent auditor appointed by XXXX, and State of Washington Auditor, shall have access, upon reasonable advance notice in writing, to all such records maintained by EN, for the purposes of auditing and verifying Project Costs or any other costs or expenses claimed to be due and payable hereunder. Such Parties shall have the right to reproduce any such records at their expense, and EN shall keep and preserve all such records for a period of at least three (3) years from and after the close of the Calendar Year in which such Project Costs were incurred. EN shall keep records of partial releases of mechanics liens and materialman liens, if any.
Accounting Audit Rights. (a) Within fifteen (15) days following the end of each calendar month during the Term, the Company shall deliver to the Consultant a detailed report summarizing the Net Sales of the Company for such period and the method of calculation of such Net Sales and the number of Initial Options and/or Performance Options, if any, to be granted to the Consultant based on the Company's actual Net Sales for such period. The report shall be certified by the Chief Financial Officer of the Company as being accurate and complete. The Company shall furnish such additional information as Consultant may reasonably request to facilitate Consultant's understanding of how Net Sales were calculated by the Company. Upon Consultant's request, the Chief Financial Officer and Chief Executive Officer of the Company shall meet with the Principal and one or more other designated representatives of the Consultant at the Company's executive offices to discuss any disagreements regarding the calculation of Net Sales by the Company.
(b) The Company shall keep complete and accurate books of account relating to Net Sales. Upon reasonable advance written notice to the Company, representatives of Consultant may examine and audit the books and records of the Company not more than once annually to determine the accuracy of Company's reports of Net Sales. Any such audit shall take place during normal business hours at Company's location and shall be conducted in a manner that does not unreasonably disrupt the business operations of Company, Consultant shall bear the expense of any such audit unless such audit reveals that any Net Sales Report by Company to Consultant pursuant to this Agreement understated Net Sales by five percent (5%) or more, in which event the cost of such audit shall be born by Company. Except in connection with any efforts to obtain payment due hereunder or with any litigation between the parties, and except as may reasonably be required to comply with applicable law or disclosure requirements, the Consultant shall hold in confidence and not disclose any of Company's confidential information acquired by Consultant in any audit conducted pursuant to this Section 4.5(b).
Accounting Audit Rights
