Common use of Costs of Audit Clause in Contracts

Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than [***], the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.

Appears in 4 contracts

Samples: Exclusive License Agreement (Icosavax, Inc.), License and Exclusive Option Agreement (Icosavax, Inc.), License and Exclusive Option Agreement (Icosavax, Inc.)

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Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than [***]5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.. INFRINGEMENT

Appears in 1 contract

Samples: Exclusive License Agreement

Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than [***]or equal to 5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.

Appears in 1 contract

Samples: Non Exclusive License Agreement (Redwoods Acquisition Corp.)

Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than [***], then the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.

Appears in 1 contract

Samples: Non Exclusive License Agreement (Icosavax, Inc.)

Costs of Audit. If Company’s payments calculated for any calendar quarter are under-under- reported by more than [***], the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.

Appears in 1 contract

Samples: Exclusive License Agreement (Icosavax, Inc.)

Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported underreported by more than [***]5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.

Appears in 1 contract

Samples: Exclusive Start Up License Agreement (Global Cancer Technology, Inc.)

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Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than [***] percent ([***]%), the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.

Appears in 1 contract

Samples: Exclusive Start Up License Agreement (Aquinox Pharmaceuticals, Inc)

Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than [***]5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.

Appears in 1 contract

Samples: Exclusive License Agreement

Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than [***]%, the costs [***] of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs [***] of any audit initiated by University.

Appears in 1 contract

Samples: Exclusive Start Up License Agreement (Sana Biotechnology, Inc.)

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