Audit of Development Costs Sample Clauses

Audit of Development Costs. KHK shall keep and maintain complete and accurate records of all Development Costs incurred in the development of Co-Promoted Products in sufficient detail to allow confirmation of same by an independent certified public accountant. DICERNA shall have the right for a period of [***] after exercise of its Co-Promotion Option to appoint at its expense an independent certified public accountant reasonably acceptable KHK to audit the relevant records of KHK or its Affiliates to verify that the amount of such Development Costs have been correctly determined.
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Audit of Development Costs. Each Party shall have the right, not more than once per Sales Year, to hire an independent accountant and that accountant may, upon reasonable notice and during normal business hours, review the other Party's books and records relating to Development Costs pursuant to this Agreement. If there is an underpayment disclosed during such audit, the Party underpaying shall promptly pay the other Party the amount of such underpayment. If there is an overpayment disclosed during such audit, the Party that overpaid shall be promptly reimbursed by the other Party for the
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Audit of Development Costs. Endorecherche shall, and will cause its Affiliates to, keep and maintain complete and accurate books and records as are required accurately to determine all Development Costs incurred by Endorecherche during the Option Period. Schering shall have the right, at its own expense and through a certified public accountant reasonably acceptable to Endorecherche, to examine and audit such books and records during regular business hours during the six (6) month period following the exercise of the Option by Schering. The accountant shall report to Schering only as to the accuracy of the Development Costs reported to Schering and the related payments made pursuant to Sections 3.03(c) and 3.03(d). If such examination reveals an overpayment by Schering, then Endorecherche shall promptly reimburse Schering for such overpayment, and if the overpayment exceeds [***] of the total amount properly due, Endorecherche shall bear the cost of the audit.
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Audit of Development Costs. Developer shall -------------------------- keep full and accurate books and records of its Development Costs and determination thereof. Developer shall permit Funder, at Funder's expense, by independent certified public accountants employed by Funder solely for this purpose and reasonably acceptable to Developer, to examine such books and records (as they relate to Development Costs) at any reasonable time, but not later than three (3) years following the invoice to Funder of such Development Costs.
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Audit of Development Costs. Xoma shall keep full and accurate books and records of its Development Costs and determination thereof. Xoma shall permit Pfizer, at Pfizer's expense, by independent certified public accountants employed by Pfizer solely for this purpose and reasonably acceptable to Xoma, to examine such books and records (as they relate to Development Costs) at any reasonable time, but not later than five (5) years following the invoice to Pfizer of such Development Costs. As a condition to such examination, the independent public accountant selected by Pfizer shall execute a written agreement, reasonably satisfactory in form and substance to Xoma, to maintain in confidence all information obtained during the course of any such examination except for disclosure to Pfizer as necessary for the above purpose. The opinion of said independent accountants regarding such Development Costs shall be binding on the parties hereto.
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Related to Audit of Development Costs

  • Development Costs Licensee shall be responsible for all of its costs and expenses in connection with the Development of, and obtaining and maintaining Regulatory Approvals for, the Licensed Products in the Field in the Territory.

  • Audit Costs In the event of an audit exception or exceptions related to the services provided pursuant to the terms and conditions of this Agreement, the party responsible for not meeting the requirements set forth herein shall be responsible for the deficiency and for the cost of the audit. If the allowable expenditures cannot be determined because CONTRACTOR’s documentation is nonexistent or inadequate, according to generally accepted accounting practices, the questionable cost shall be disallowed by COUNTY.

  • Subcontract Costs Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts and this Agreement.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Operating and Maintenance Costs The Participating Generator shall be responsible for all its costs incurred in connection with operating and maintaining the Generating Units identified in Schedule 1 for the purpose of meeting its obligations under this Agreement.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Amendment costs If (a) the Borrower requests an amendment, waiver or consent or (b) an amendment is required pursuant to Clause 27.9 (Change of currency), the Borrower shall, within three Business Days of demand, reimburse the Agent for the amount of all costs and expenses (including legal fees) reasonably incurred by the Agent in responding to, evaluating, negotiating or complying with that request or requirement.

  • Development Fee A fee for the packaging of a Property or Mortgage, including the negotiation and approval of plans, and any assistance in obtaining zoning and necessary variances and financing for a specific Property, either initially or at a later date.

  • Patent Costs Within 30 days after receiving a statement from Stanford, ***** will reimburse Stanford: (A) $ to offset Licensed Patent’s patenting expenses, including any interference or reexamination matters, incurred by Stanford before the Effective Date; and (B) for all Licensed Patent’s patenting expenses, including any interference or reexamination matters, incurred by Stanford after the Effective Date. In all instances, Stanford will pay the fees prescribed for large entities to the United States Patent and Trademark Office.

  • Operating and Maintenance Expenses Subject to the provisions herein addressing the use of facilities by others, and except for operations and maintenance expenses associated with modifications made for providing interconnection or transmission service to a third party and such third party pays for such expenses, Developer shall be responsible for all reasonable expenses including overheads, associated with: (1) owning, operating, maintaining, repairing, and replacing Developer Attachment Facilities; and (2) operation, maintenance, repair and replacement of Connecting Transmission Owner’s Attachment Facilities. The Connecting Transmission Owner shall be entitled to the recovery of incremental operating and maintenance expenses that it incurs associated with System Upgrade Facilities and System Deliverability Upgrades if and to the extent provided for under Attachment S to the NYISO OATT.

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