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

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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, ***** Forty Seven will pay the out-of-pocket audit costscosts reasonably incurred by Stanford.

Appears in 4 contracts

Samples: Exclusive (Equity) Agreement, Exclusive Agreement (Forty Seven, Inc.), Exclusive 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, ***** ImmuMetrix will pay the audit costs.

Appears in 4 contracts

Samples: Merger Agreement (CareDx, Inc.), Exclusive Agreement (CareDx, Inc.), Merger Agreement (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: Exclusive (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, ***** Company will pay the audit costs.

Appears in 3 contracts

Samples: Exclusive (Equity) Agreement (Ceribell, Inc.), Exclusive (Equity) Agreement (Ceribell, Inc.), Exclusive (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, ***** Medicenna will pay the audit costs.

Appears in 3 contracts

Samples: Exclusive Equity Agreement (Medicenna Therapeutics Corp.), Exclusive Equity Agreement (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, [***** 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 8.5. 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, ***** FAB will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive Patent License and Research Collaboration Agreement (Sutro Biopharma Inc), Exclusive 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% [***] percent ([***]%) or more for the period being audited, ***** Fate will pay reimburse Stanford for the audit costs.

Appears in 2 contracts

Samples: Exclusive License Agreement (Fate Therapeutics Inc), Exclusive License 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, ***** Epinomics will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive (Equity) Agreement (10x Genomics, Inc.), Exclusive (Equity) Agreement (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.), Exclusive (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 5[***]% or more for the period being audited, ***** Annexon will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive Agreement (Annexon, Inc.), Exclusive 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 510% or more for the period being audited, ***** RUGA will pay the audit costs.

Appears in 2 contracts

Samples: Exclusive License Agreement (Versartis, Inc.), Exclusive 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, ***** 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, ***** 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 8.58.4. 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: Co Exclusive License Agreement, Co 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, ***** 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 8.58.4. 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: Exclusive Agreement (Via 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, ***** 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: Exclusive (Equity) Agreement (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, ***** Atreca will pay the audit costs.

Appears in 1 contract

Samples: Exclusive (Equity) Agreement (Atreca, 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 (ADiTx 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 License 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, ***** 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, ***** AKOYA will pay the out-of-pocket audit costs.costs reasonably incurred by Stanford. S14-157: Execution Copy Exclusive (Equity) Agreement

Appears in 1 contract

Samples: Exclusive (Equity) Agreement (Akoya Biosciences, 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 (Alto Neuroscience, 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, ***** Syncopation will pay the audit costs.

Appears in 1 contract

Samples: Exclusive License Agreement (CARGO 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 , 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, ***** Selten will pay the audit costs.

Appears in 1 contract

Samples: License Assignment Agreement (Vivus Inc)

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