Common use of Audit Adjustment Clause in Contracts

Audit Adjustment. Any payment made hereunder shall be subject to retroactive reduction for amounts included therein which are found by NYSERDA on the basis of any audit of the Owner by an agency of the United States, State of New York or NYSERDA not to constitute an allowable charge or cost hereunder.

Appears in 3 contracts

Samples: Building Owner Participation Agreement, Building Owner Participation Agreement, Building Owner Participation Agreement

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Audit Adjustment. Any payment made hereunder shall be subject to retroactive reduction for amounts included therein which are found by NYSERDA and/or HPD on the basis of any audit of the Owner by an agency of the United States, State of New York or NYSERDA not to constitute an allowable charge or cost hereunder.

Appears in 2 contracts

Samples: Participation Agreement, Participation Agreement

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Audit Adjustment. Any payment made hereunder shall be subject to retroactive reduction for amounts included therein which are found by NYSERDA based on the basis of any audit of the Owner Applicant by an agency of the United States, State of New York or NYSERDA not to constitute an allowable charge or cost hereunder.

Appears in 1 contract

Samples: Terms and Conditions Agreement

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