Common use of Paying for Audit Clause in Contracts

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** will pay the audit costs.

Appears in 27 contracts

Samples: Nonexclusive Agreement, Exclusive (Equity) Agreement, Exclusive License Agreement With Equity

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Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** ImmuMetrix will pay the audit costs.

Appears in 4 contracts

Samples: Common Stock Purchase Agreement (CareDx, Inc.), Agreement and Plan of Merger (CareDx, Inc.), Agreement and Plan of Merger (CareDx, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more [*****] for the period being audited, [***** will pay the audit costs*].

Appears in 4 contracts

Samples: Equity) Agreement, Exclusive (Equity) Agreement (BridgeBio Pharma, Inc.), Exclusive (Equity) Agreement (BridgeBio Pharma LLC)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% [*] or more for the period being audited, ***** Forty Seven will pay the out-of-pocket audit costscosts reasonably incurred by Stanford.

Appears in 4 contracts

Samples: Equity) Agreement, Equity) Agreement (Forty Seven, Inc.), Equity) Agreement (Forty Seven, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** Medicenna will pay the audit costs.

Appears in 3 contracts

Samples: Certain Confidential Information (Medicenna Therapeutics Corp.), Certain Confidential Information (Medicenna Therapeutics Corp.), Exclusive Equity Agreement

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% [***] or more for the period being audited, ***** Company will pay the audit costs.

Appears in 3 contracts

Samples: Equity) Agreement (Ceribell, Inc.), Equity) Agreement (Ceribell, Inc.), Equity) Agreement (Ceribell, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% [ * ] or more for the period being audited, ***** Eiccose will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive Agreement (Celladon Corp), Exclusive Agreement (Celladon Corp)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more [***] for the period being audited, [***** will pay the audit costs].

Appears in 2 contracts

Samples: Exclusive License Agreement (Graphite Bio, Inc.), Exclusive License Agreement (Graphite Bio, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.58.4. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** the applicable Licensee will pay the reasonable audit costs.

Appears in 2 contracts

Samples: License Agreement, Exclusive License Agreement (Regulus Therapeutics Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5[***]% or more for the period being audited, ***** LogicBio will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive (Equity) Agreement (LogicBio Therapeutics, Inc.), Exclusive (Equity) Agreement (LogicBio Therapeutics, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** Company will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive Agreement, Exclusive Agreement

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5[*]% or more for the period being audited, ***** FAB will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive Agreement (Sutro Biopharma Inc), Collaboration Agreement (Sutro Biopharma Inc)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** Licensee will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive (Equity) Agreement, Exclusive (Equity) Agreement

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% [***] percent ([***]%) or more for the period being audited, ***** Fate will pay reimburse Stanford for the audit costs.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Fate Therapeutics Inc), Stock Purchase Agreement (Fate Therapeutics Inc)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5[***]% or more for the period being audited, ***** Annexon will pay the audit costs.

Appears in 2 contracts

Samples: Equity) Agreement (Annexon, Inc.), Equity) Agreement (Annexon, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** Epinomics will pay the audit costs.

Appears in 2 contracts

Samples: 10x Genomics, Inc., 10x Genomics, Inc.

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% [****] or more for the period being audited, ***** Surrozen will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive License Agreement (Consonance-HFW Acquisition Corp.), Equity) Agreement (Consonance-HFW Acquisition Corp.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 510% or more for the period being audited, ***** RUGA will pay the audit costs.

Appears in 2 contracts

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

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5[***]% or more for the period being audited, ***** Butterfly will pay the audit costs.

Appears in 1 contract

Samples: Exclusive (Equity) Agreement (Longview Acquisition Corp.)

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Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** Company will pay the out-of-pocket audit costscosts reasonably incurred by Stanford.

Appears in 1 contract

Samples: AbCellera Biologics Inc.

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5[**]% or more for the period being audited, ***** Combangio will pay the audit costs.

Appears in 1 contract

Samples: Exclusive License Agreement (Kala Pharmaceuticals, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5***% or more for the period being audited, ***** Selten will pay the audit costs.

Appears in 1 contract

Samples: License Assignment Agreement (Vivus Inc)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5[***]% or more for the period being audited, ***** Purigen will pay the audit costs.

Appears in 1 contract

Samples: Exclusive License Agreement (Bionano Genomics, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% [***] or more for the period being audited, ***** Alto will pay the audit costs.

Appears in 1 contract

Samples: Exclusive License Agreement With Equity (Alto Neuroscience, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But , but if the audit reveals an underreporting of earned royalties due Stanford of 5% or more [***] for the period being audited, ***** Bolt will pay the audit costs.

Appears in 1 contract

Samples: Exclusive Agreement (Bolt Biotherapeutics, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** Aditxt will pay the audit costs.

Appears in 1 contract

Samples: Exclusive License Agreement With Equity (ADiTx Therapeutics, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5[…***…]% or more for the period being audited, ***** Jasper will pay the audit costs.

Appears in 1 contract

Samples: Exclusive License Agreement (Amplitude Healthcare Acquisition Corp)

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5[***]% or more for the period being audited, ***** Syncopation will pay the audit costs.

Appears in 1 contract

Samples: Exclusive License Agreement With Equity (CARGO Therapeutics, Inc.)

Paying for Audit. Stanford will pay for any audit done under Section 8.57.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** Company will pay the audit costs.

Appears in 1 contract

Samples: Nonexclusive Agreement

Paying for Audit. Stanford will pay for any audit done under Section 8.5. But if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** Atreca will pay the audit costs.

Appears in 1 contract

Samples: Atreca, Inc.

Paying for Audit. Stanford will pay for any audit done under Section 8.58.4. But However, if the audit reveals an underreporting of earned royalties due Stanford of 5% or more for the period being audited, ***** VIA will pay reimburse Stanford for the audit costs.

Appears in 1 contract

Samples: Client and Billing Agreement (Via Pharmaceuticals, Inc.)

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