Common use of Costs of Inspection and Copying Clause in Contracts

Costs of Inspection and Copying. The cost of any inspection and copying of records under Section 3.E. shall be borne by Nautilus unless a discrepancy is discovered in Nautilus’ favor in an amount that is greater than five (5) percent of the Royalty due versus the Royalty paid, in which case such costs shall be borne by Buyer.

Appears in 2 contracts

Samples: License Agreement, License Agreement (Nautilus, Inc.)

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Costs of Inspection and Copying. The cost of any inspection and copying of records under Section 3.E. shall be borne by Nautilus unless a discrepancy is discovered in Nautilus’ favor in an amount that is greater than five (5) percent of the Royalty due versus the Royalty paid, in which case such costs shall be borne paid by Buyer.

Appears in 2 contracts

Samples: License Agreement, Commercial License Agreement (Nautilus, Inc.)

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Costs of Inspection and Copying. The cost of any inspection and copying of records under Section 3.E. 4/G/. shall be borne by Nautilus unless a discrepancy is discovered in Nautilus’ favor in an amount that is greater than five (5) percent of the Royalty due versus the Royalty paid, in which case such costs shall be borne by Buyer.

Appears in 2 contracts

Samples: Transfer and License Agreement, And License Agreement (Nautilus, Inc.)

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