Common use of Audit and Inspection Rights Clause in Contracts

Audit and Inspection Rights. 15.1. To the extent reasonably necessary to ensure Licensee’s use of the USPS Trademarks and Service Materials in compliance with the terms of this License Agreement, USPS, through its employees or agents, may inspect, audit or perform reviews of Licensee’s books and records, and the performance of Licensee’s systems relating to the use of the NCOALink Product, Interface Product or the Service Materials. In the event USPS determines that Licensee is not complying with any USPS requirements, USPS shall have the right to require an additional inspection, audit or review at the cost and expense of Licensee or issue a notice of suspension or termination. 15.2. USPS, or its designated agents or representative, shall have the right to visit Licensee’s premises and examine Licensee’s computer systems, processing files, documents, and other materials relating to the use of the Service Materials with or without notice to Licensee. Licensee shall provide USPS or its agents access during normal business hours to the premises, books, and records that relate to the use of the Service Materials and the USPS Trademarks by Licensee. 15.3. Books and records that relate to the use of the NCOALink Product and Service Materials shall be retained in accordance with USPS’s retention guidelines, but for no less than three (3) years after Licensee’s final payment under this Agreement. USPS or its designated agents or representatives shall have the right to examine any such materials during this three-year period. Notwithstanding the foregoing, USPS may inspect, at any time, use of the USPS Trademarks on Licensee’s web site.

Appears in 5 contracts

Samples: Licensing Agreement, Licensing Agreement, Licensing Agreement

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Audit and Inspection Rights. 15.1. To the extent reasonably necessary to ensure Licensee’s use of the USPS Trademarks and Service Materials in compliance with the terms of this License Agreement, USPS, through its employees or agents, may inspect, audit or perform reviews of Licensee’s books and records, and the performance of Licensee’s systems relating to the use of the NCOALink Product, Interface Product or the Service Materials. In the event USPS determines that Licensee is not complying with any USPS requirements, USPS shall have the right to require an additional inspection, audit or review at the cost and expense of Licensee or issue a notice of suspension or termination. 15.2. USPS, or its designated agents or representative, shall have the right to visit Licensee’s premises and examine Licensee’s computer systems, processing files, documents, and other materials relating to the use of the Service Materials with or without notice to Licensee. Licensee shall provide USPS or its agents access during normal business hours to the premises, books, and records that relate to the use of the Service Materials and the USPS Trademarks by Licensee. 15.3. Books and records that relate to the use of the NCOALink Product and Service Materials shall be retained in accordance with USPS’s retention guidelines, but for no less than three (3) years after Licensee’s final payment use or such performance under this Agreement. USPS or its designated agents or representatives shall have the right to examine any such materials during this three-year period. Notwithstanding the foregoing, USPS may inspect, at any time, use of the USPS Trademarks on Licensee’s web site.

Appears in 3 contracts

Samples: Licensing Agreement, Licensing Agreement, Licensing Agreement

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Audit and Inspection Rights. 15.114.1. To the extent reasonably necessary to ensure Licensee’s use of the USPS Trademarks and Service Licensed Materials in compliance with the terms Terms of this License Agreement, USPS, through its employees or agents, may inspect, audit or perform reviews of Licensee’s books and records, and the performance of Licensee’s systems relating to the use of the NCOALink Product, Interface Product or the Service Licensed Materials. In the event USPS determines that Licensee is not complying with any USPS requirements, USPS shall have the right to require an additional inspection, audit or review at the cost and expense of Licensee or issue a notice of suspension or termination. 15.214.2. USPS, or its designated agents or representative, shall have the right to visit Licensee’s premises and examine Licensee’s computer systems, processing files, documents, and other materials relating to the use of the Service Licensed Materials with or without notice to Licensee. Licensee shall provide USPS or its it agents access during normal business hours to the premises, books, and records that relate to the use of the Service Licensed Materials and the USPS Trademarks by Licensee. 15.314.3. Books and records that relate to the use of the NCOALink Product and Service Licensed Materials shall be retained in accordance with USPS’s retention guidelines, but for no less than three (3) years after Licensee’s final payment under this Agreement. USPS or its designated agents or representatives shall have the right to examine any such materials during this three-year period. Notwithstanding the foregoing, USPS may inspect, at any time, use of the USPS Trademarks on Licensee’s web site.

Appears in 2 contracts

Samples: License Agreement, License Agreement

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