Common use of Franchise Fees Subject to Audit Clause in Contracts

Franchise Fees Subject to Audit. 7.2.1 Upon reasonable prior written notice, during Normal Business Hours at Grantee’s principal business office, the Franchising Authority shall have the right to inspect the Grantee’s financial records used to calculate the Franchising Authority’s franchise fees; provided, however, that any such inspection shall take place within two (2) years from the date the Franchising Authority receives such payment, after which period any such payment shall be considered final.

Appears in 3 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement

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Franchise Fees Subject to Audit. 7.2.1 Upon reasonable prior written noticenotice pursuant to Section 13.2 herein, during Normal Business Hours at Grantee’s 's principal business office, the Franchising Authority shall have the right to inspect the Grantee’s 's financial records used to calculate the Franchising Authority’s 's franchise fees; provided, however, that any such inspection shall take place within two (2) years from the date the Franchising Authority receives such payment, after which period any such payment shall be considered final.

Appears in 2 contracts

Samples: Franchise Agreement, Franchise Agreement

Franchise Fees Subject to Audit. 7.2.1 7.2.1. Upon reasonable prior written notice, during Normal Business Hours normal business hours at Grantee’s principal business office, the Franchising Authority shall have the right to inspect the Grantee’s financial records used to calculate the Franchising Authority’s franchise fees; provided, however, that any such inspection shall take place within two (2) years from the date the Franchising Authority receives such payment, after which period any such payment shall be considered final.two

Appears in 1 contract

Samples: Television Franchise Agreement

Franchise Fees Subject to Audit. 7.2.1 7.2.1. Upon reasonable prior written notice, during Normal Business Hours normal business hours at Grantee’s principal business officeoffice located in the state of Utah, the Franchising Authority shall have the right to inspect the Grantee’s financial records used to calculate the Franchising Authority’s franchise fees; provided, however, that any such inspection shall take place within two (2) years from the date the Franchising Authority receives such payment, after which period any such payment shall be considered final.

Appears in 1 contract

Samples: Franchise Agreement

Franchise Fees Subject to Audit. 7.2.1 5.2.1. Upon reasonable prior written notice, during Normal Business Hours normal business hours at Grantee’s principal business office, the Franchising Authority shall have the right to inspect the Grantee’s financial records used to calculate the Franchising Authority’s franchise fees; provided, however, that any such inspection shall take place within two (2) years from the date the Franchising Authority receives such payment, after which period any such payment shall be considered final.

Appears in 1 contract

Samples: Franchise Agreement

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Franchise Fees Subject to Audit. 7.2.1 7.2.1. Upon reasonable prior written notice, during Normal Business Hours normal business hours at Grantee’s principal business office, the Franchising Authority shall have the right to inspect the Grantee’s financial records used to calculate the Franchising Authority’s franchise fees; provided, however, that any such inspection shall take place within two (2) years from the date the Franchising Authority receives such payment, after which period any such payment shall be considered final.

Appears in 1 contract

Samples: Franchise Agreement

Franchise Fees Subject to Audit. 7.2.1 7.2.1. Upon reasonable prior written noticenotice and no more than once annually, during Normal Business Hours normal business hours at Grantee’s principal business office, the Franchising Authority shall have the right to inspect the Grantee’s financial records used to calculate the Franchising Authority’s franchise fees; provided, however, that any such inspection shall take place within two three (23) years from the date the Franchising Authority receives such payment, after which period any such payment shall be considered final.

Appears in 1 contract

Samples: Franchise Agreement

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