Common use of Auditing Procedures Clause in Contracts

Auditing Procedures. 14.3.1 Upon thirty (30) days written notice, each Party must provide the other Party the ability and opportunity to conduct an annual audit to ensure the proper billing of traffic between the Parties. The audit shall be accomplished during normal business hours, at an office designated by the Party being audited. Audits may be performed by an independent third party paid for by the Party requesting the Audit. Audit requests shall not be submitted more frequently than one (1) time per calendar year. 14.3.2 Each Party may request copies of the relevant billing records thereof provided that the requested records do not exceed 12 months in age from the date the monthly xxxx containing said record information was issued. 14.3.3 All information provided to the requesting Party under section 14.3.2 shall be treated as Confidential Information as provided in Section 15.4.

Auditing Procedures. 14.3.1 Upon thirty (30) days written notice, each Party must provide the other Party the ability and opportunity to conduct an annual audit to ensure the proper billing of traffic between the Parties. The audit shall be accomplished during normal business hours, at an office designated by the Party being audited. Audits may be performed by an independent third party paid for by the Party requesting the Audit. Audit requests shall not be submitted more frequently than one (1) time per calendar year. 14.3.2 Each Party party may request copies of the relevant billing records thereof provided that the requested records do not exceed 12 months in age from the date the monthly xxxx containing said record information was issued. 14.3.3 All information provided to the requesting Party under section 14.3.2 shall be treated as Confidential Information as provided in Section 15.4.