Common use of Audit Follow-Up Clause in Contracts

Audit Follow-Up. 23.2.1 Following an audit or examination, SARS or its external auditors will meet with Service Provider to obtain factual concurrence with issues identified in the audit or examination. 23.2.2 Within 10 (ten) Business Days following the provision to Service Provider of the findings of an audit, whether by way of a meeting or the delivery of the audit report by the auditors, or an audit report by Service Provider’s auditors, the Service Provider will provide SARS with a plan ("Audit Response Plan") to address shortcomings or deficiencies raised in such audit findings attributable to Service Provider. The Audit Response Plan will identify the steps that Service Provider will take to remedy such shortcomings and deficiencies and include a completion date for such steps detailed in the Audit Response Plan. With SARS approval, Service Provider will implement such Audit Response Plan at Service Provider’s cost and expense. Service Provider will report monthly to SARS on the status of the implementation of any Audit Response Plan. Failure to complete the Audit Response Plan on or before the completion date included in such Audit Response Plan will be deemed to be a material breach of the Agreement. 23.2.3 Service Provider will promptly make available to SARS the results of any reviews or audits conducted by Service Provider, its Affiliates or their Subcontractors, agents or representatives (including internal and external auditors) to the extent such findings reflect conditions and events relating to the Deliverables. 23.2.4 Promptly after the issuance of any audit report or findings issued under Clause 23.2.3, the Parties will meet to review such report or findings and to agree on how to respond to the suggested changes.

Audit Follow-Up. 23.2.1 25.5.1. Following an audit or examination, SARS or its external auditors will meet with the Service Provider to obtain factual concurrence with issues identified in the audit or examination. 23.2.2 25.5.2. Within 10 (ten) Business Days following the provision to the Service Provider of the findings of an audit, whether by way of a meeting or the delivery of the audit report by the auditors, or an audit report by the Service Provider’s auditors, the Service Provider will provide SARS with a plan ("Audit Response Plan") to address shortcomings or deficiencies raised in such audit findings attributable to the Service Provider. The Audit Response Plan will identify the steps that the Service Provider will take to remedy such shortcomings and deficiencies and include a completion date for such steps detailed in the Audit Response Plan. With SARS approval, the Service Provider will implement such Audit Response Plan at the Service Provider’s cost and expense. If required and agreed between the Service Provider and SARS, the Service Provider will report monthly to SARS on the status of the implementation of any Audit Response Plan. Failure to complete the Audit Response Plan on or before the completion date included in such Audit Response Plan will be deemed to be a material breach of the Agreement. 23.2.3 25.5.3. The Service Provider will promptly make available to SARS the results of any reviews or audits conducted by the Service Provider, its Affiliates or their Subcontractors, agents or representatives (including internal and external auditors) to the extent such findings reflect conditions and events relating to the DeliverablesServices. 23.2.4 25.5.4. Promptly after the issuance of any audit report or findings issued under Clause 23.2.3, 25.5.3 the Parties will meet to review such report or findings and to agree on how to respond to the suggested changes.

Audit Follow-Up. 23.2.1 23.2.1. Following an audit or examination, SARS or its external auditors will meet with Service Provider Supplier to obtain factual concurrence with issues identified in the audit or examination. 23.2.2 23.2.2. Within 10 (ten) Business Days following the provision to Service Provider Supplier of the findings of an audit, whether by way of a meeting or the delivery of the audit report by the auditors, or an audit report by Service ProviderSupplier’s auditors, the Service Provider Supplier will provide SARS with a plan ("Audit Response Plan") to address shortcomings or deficiencies raised in such audit findings attributable to Service ProviderSupplier. The Audit Response Plan will identify the steps that Service Provider Supplier will take to remedy such shortcomings and deficiencies and include a completion date for such steps detailed in the Audit Response Plan. With SARS approval, Service Provider Supplier will implement such Audit Response Plan at Service ProviderSupplier’s cost and expense. Service Provider Supplier will report monthly to SARS on the status of the implementation of any Audit Response Plan. Failure to complete the Audit Response Plan on or before the completion date included in such Audit Response Plan will be deemed to be a material breach of the Agreement. 23.2.3 Service Provider 23.2.3. Supplier will promptly make available to SARS the results of any reviews or audits conducted by Service ProviderSupplier, its Affiliates or their Subcontractors, agents or representatives (including internal and external auditors) to the extent such findings reflect conditions and events relating to the Deliverables. 23.2.4 23.2.4. Promptly after the issuance of any audit report or findings issued under Clause 23.2.3, the Parties will meet to review such report or findings and to agree on how to respond to the suggested changes.

Audit Follow-Up. 23.2.1 29.2.1. Following an audit or examination, SARS or its external auditors will meet with the Service Provider to obtain factual concurrence with issues identified in the audit or examination. 23.2.2 29.2.2. Within 10 (ten) Business Days following the provision to the Service Provider of the findings of an audit, whether by way of a meeting or the delivery of the audit report by the auditors, or an audit report by the Service Provider’s auditors, the Service Provider will provide SARS with a plan ("Audit Response Plan") to address shortcomings or deficiencies raised in such audit findings attributable to the Service Provider. The Audit Response Plan will identify the steps that the Service Provider will take to remedy such shortcomings and deficiencies and include a completion date for such steps detailed in the Audit Response Plan. With SARS approval, the Service Provider will implement such Audit Response Plan at the Service Provider’s cost and expense. If required and agreed between the Service Provider and SARS, the Service Provider will report monthly to SARS on the status of the implementation of any Audit Response Plan. Failure to complete the Audit Response Plan on or before the completion date included in such Audit Response Plan will be deemed to be a material breach of the Agreement. 23.2.3 29.2.3. The Service Provider will promptly make available to SARS the results of any reviews or audits conducted by the Service Provider, its Affiliates or their Subcontractorsagents, agents or representatives (including internal and external auditors) to the extent such findings reflect conditions and events relating to the DeliverablesServices. 23.2.4 29.2.4. Promptly after the issuance of any audit report or findings issued under Clause 23.2.3, 29.2.3 the Parties will meet to review such report or findings and to agree on how to respond to the suggested changes.