Common use of Audit Costs Clause in Contracts

Audit Costs. In the event that the City, in the course of any audit (including, but not limited to a City audit and/or a third party audit) or an inspection of records by the City, 1) identifies any underpayment by the Company to the City in excess of 1% of all compensation paid by the Company to the City during the audit period; or 2) discovers substantive findings related to fraud, misrepresentation, or non-performance, the costs of such audit will be borne by the Company.

Appears in 6 contracts

Samples: Information Services Franchise Agreement, Information Services Franchise Agreement, Information Services Franchise Agreement

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