Common use of Auditing and Review of Development Records Clause in Contracts

Auditing and Review of Development Records. ULRF reserves the right to audit Licensee’s records relating to the development of Licensed Products and Licensed Services as required hereunder. Such requirements for Licensee’s record keeping and ULRF’s audit thereof will be subject to the same procedures and restrictions set forth in Section 5.4 for audit of financial records of Licensee.

Auditing and Review of Development Records. ULRF reserves the right to audit Licensee’s LICENSEE's records relating to the development of Licensed Products and Licensed Services as required hereunder. Such requirements for Licensee’s LICENSEE's record keeping and ULRF’s 's audit thereof will shall be subject to the same procedures and restrictions set forth in Section 5.4 for audit of financial records of LicenseeLICENSEE in Section 5.7.