Audit by Stanford will allow Stanford or its designee to examine *****’s records to verify payments made by ***** under this Agreement.
Audit by Stanford. Eidos will allow Stanford or its designee to examine Eidos’s records to verify payments made by Eidos under this Agreement once per fiscal year. Stanford will provide reasonable prior notice when Stanford desires to audit, and Eidos will provide access at a mutually agreeable time.
Audit by Stanford. ImmuMetrix will allow Stanford or its designee to examine ImmuMetrix’s records to verify payments made by ImmuMetrix under this Agreement.
Audit by Stanford. Upon reasonable advance notice and during normal business hours, Forty Seven will allow Stanford or its designee to examine Forty Seven’s records kept in accordance with Section 8.4, no more than [*], to verify payments made by Forty Seven under this Agreement.
Audit by Stanford. BioVest will allow Stanford or its designee to examine BioVest’s records to verify payments made by BioVest under this Agreement.
Audit by Stanford. Licensee will allow Stanford or its designee to examine Licensee’s records to verify payments made by Licensee under this Agreement.
Audit by Stanford. Medicenna will allow Stanford or its designee to examine Medicenna’s records to verify payments made by Medicenna under this Agreement at a frequency of no more than once every 2 years.
Audit by Stanford. Alnylam will permit an independent certified public accountant selected by Stanford and acceptable to Alnylam to examine Alnylam's books and records from time to time (but no more than one time a year) to the extent necessary to verify reports provided for in Sections 7.1 and 7.2. Stanford will pay for the cost of such audit, unless the results of the audit reveal an underreporting of royalties due Stanford of five percent or more, in which case, Alnylam will pay the audit costs.
Audit by Stanford. Telomolecular will allow Stanford or its designee to examine 'lelomolecular's records to verify payments made by Telomolecular under this Agreement.
Audit by Stanford. Alexo will allow an independent, certified public accountant selected by Stanford and reasonably acceptable to Alexo, which acceptance will not be unreasonably withheld or delayed to audit or inspect those records of Alexo relating to any amounts payable to Stanford under this Agreement for the purpose of verifying the accuracy of the reports required under Section 8.1. Such inspection will be conducted during Alexo’s normal business hours at such place where such records are customarily kept, no more than [***]. Stanford agrees to hold in confidence all information concerning royalty payments and reports, and all information learned in the course of any audit or inspection, except to the extent necessary for Stanford to reveal such information in order to enforce its rights under this Agreement or if disclosure is required by law, regulation or judicial order. Any person or entity conducting such audit or inspection will agree in writing with Alexo to: (a) treat all records reviewed in the course of the audit or inspection as the confidential information of Alexo; (b) disclose to Stanford only the amount and accuracy of payments reported and actually paid or otherwise payable under this Agreement and the specific details concerning any discrepancies.
