Common use of Monitoring and Audits Generally Clause in Contracts

Monitoring and Audits Generally. i) 2tor shall (a) measure, monitor and track the performance of its services and obligations, conduct internal audits and self-testing, and compare such performance to the service level agreements and other specifications and standards provided for in this Agreement, (b) detect and promptly cure deficiencies and (c) report such performance, deficiencies and cures to USC on a quarterly or other basis as agreed between the parties in a form mutually agreed by the Parties from time to time. Such assessment of the performance of 2tor’s services and obligations shall include providing USC an opportunity to assess or comment to 2tor on 2tor’s performance of its services and obligations, irrespective of any other measurements. If legally required, 2tor shall also provide to USC, initially and on an annual basis thereafter, a copy of a Statement on Auditing Standards (SAS) 70, Type II, report obtained by 2tor from an auditing firm reasonably acceptable to USC with respect to 2tor’s operations related to its services and obligations under this Agreement.

Monitoring and Audits Generally. i) 2tor shall (a) measure, monitor monitor, and track the performance of its services and obligations, conduct internal audits and self-testing, and compare such performance to the service level agreements and other specifications and standards provided for in this Agreement, (b) detect and promptly cure deficiencies deficiencies, and (c) report such performance, deficiencies and cures to USC on a quarterly or other basis as agreed between the parties in a form mutually agreed by the Parties from time to time. Such assessment of the performance of 2tor’s services and obligations shall include providing USC an opportunity to assess or comment to 2tor on 2tor’s performance of its services and obligations, irrespective of any other measurements. If legally required, 2tor shall also provide to USC, initially and on an annual basis thereafter, a copy of a Statement on Auditing Standards (SAS) 70, Type II, report obtained by 2tor from an auditing firm reasonably acceptable to USC with respect to 2tor’s operations related to its services and obligations under this Agreement.