Common use of Discrepancy Expenses Clause in Contracts

Discrepancy Expenses. In the event any audit performed by A-55 or its designee results in a finding that there is a discrepancy in excess of five percent (5%) between the amounts paid to A-55 and the amounts which should have been paid to A-55, the cost of such audit shall be borne entirely by Grantee.

Appears in 2 contracts

Samples: License Agreement (A 55 Inc), License Agreement (A 55 Inc)

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Discrepancy Expenses. In the event any audit performed by A-55 or its designee results in a finding that there is a discrepancy in excess of five percent (5%) between the amounts paid to A-55 and the amounts which should have been paid to A-55, the cost of such audit shall be borne entirely by Grantee.

Appears in 2 contracts

Samples: License Agreement (A 55 Inc), License Agreement (A 55 Inc)

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