Common use of AUDITS OF COMPLIANCE Clause in Contracts

AUDITS OF COMPLIANCE. (a) MLS GRID may, or at its option may engage an independent third party to, review, inspect, and test the books, records, equipment, and facilities of Participant and Vendor to the extent reasonably necessary to ascertain Participant’s and Vendor’s compliance with this Agreement (“Audit”). MLS GRID may conduct an Audit during normal business hours of Vendor or Participant. Audit activities may include, without limitation, obtaining full access to Participant’s and Vendor’s Websites (including mobile applications) and systems to ensure that MLS GRID Data is displayed in accordance with this Agreement. MLS GRID shall have the right to conduct the Audit using all features available to end- users of Participant’s and Vendor’s systems that employ the MLS GRID Data; and posing as consumers to register and test services Participant and Vendor make available to consumers using the MLS GRID Data. MLS GRID shall pay the costs of the Audit but shall not be liable for any out-of-pocket costs that Participant or Vendor incur as part of or in connection with any Audit. The provisions of this Section shall survive the expiration or other termination of this Agreement for one year.

AUDITS OF COMPLIANCE. (a) MLS GRID may, or at its option may engage an independent third party to, review, inspect, and test the books, records, equipment, and facilities of Participant and Vendor to the extent reasonably necessary to ascertain Participant’s and Vendor’s compliance with this Agreement (“Audit”). MLS GRID may conduct an Audit during normal business hours of Vendor or Participant. Audit activities may include, without limitation, obtaining full access to Participant’s and Vendor’s Websites (including mobile applications) and systems to ensure that MLS GRID Data is displayed in accordance with this Agreement. MLS GRID shall have the right to conduct the Audit using all features available to end- end-users of Participant’s and Vendor’s systems that employ the MLS GRID Data; and posing as consumers to register and test services Participant and Vendor make available to consumers using the MLS GRID Data. MLS GRID shall pay the costs of the Audit but shall not be liable for any out-of-pocket costs that Participant or Vendor incur as part of or in connection with any Audit. The provisions of this Section shall survive the expiration or other termination of this Agreement for one year.