Quarterly Review Process. Within forty-five (45) days after the end of each calendar quarter, the Project Manager of Melco Crown Parties shall prepare and deliver a statement to the Chief Financial Officer of SCIH setting forth in reasonable detail a consolidated description of the Services performed by both Parties during the quarter, the date the Services were performed, the amounts payable and paid therefor and reasonable supporting documents (to the extent not provided with the relevant monthly Services Charge Schedule) (the “Quarterly Review Report”). The Quarterly Review Report shall also include a description of any adjustment made pursuant to the monthly review process described in Section 3.2(d), which must specify, at a minimum, the Work Agreement under which such adjustment was made, the name of Service Recipient, the amounts adjusted and the original invoice number for the Service (as applicable) and include any Adjustment Documentation and report any Agreed MSM Remedy. Within ten (10) Business Days after delivery of the Quarterly Review Report to the Chief Financial Officer of SCIH, the Project Managers will meet to review and determine any adjustments, credits or refunds that may be appropriate and agree to update the MSM to the extent necessary to reflect any changes to the business or the market. If the Parties are unable to agree on any of the foregoing within thirty (30) days after the delivery of the Quarterly Review Report, such disputes shall be resolved as set forth in Section 7.10.
Quarterly Review Process. Customers are entitled to a quarterly review discussion to review expectations, charges, print volume data and recommendations for further optimization of the print environment.
Quarterly Review Process. (b) QTS TRS shall have ten (10) days after receipt of the Calculation Statement with respect to the third month of each Fiscal Quarter (the “Review Period”) to review such Calculation Statement, the Channel Fee Calculation set forth therein, together with the Calculation Statements and calculations with respect to the other two months in such Fiscal Quarter. During the Review Period, QTS TRS and its Representatives shall have the right to inspect Buyer’s books and records during normal business hours at Buyer’s offices, upon reasonable prior notice and solely for purposes reasonably related to the determinations of Recognized Revenue for such Fiscal Quarter and the resulting Channel Fee. Prior to the expiration of the Review Period, QTS TRS may object to the Channel Fee Calculation set forth in the Calculation Statements for such Fiscal Quarter by delivering to Buyer a written notice of objection (an “Objection Notice”), setting forth the items in the applicable Channel Fee Calculation disputed by QTS TRS and the basis for such objection, as well as the amount in dispute. If QTS TRS fails to deliver an Objection Notice to Buyer prior to the expiration of the Review Period, then the Channel Fee Calculation set forth in the Calculation Statements for such Fiscal Quarter shall be final and binding on the Parties. If QTS TRS timely delivers an Objection Notice, Buyer and QTS TRS shall negotiate in good faith to resolve the disputed items and agree upon the resulting amount of the Recognized Revenue and the Channel Fee for the applicable Fiscal Quarter. If Buyer and QTS TRS are unable to reach agreement within fifteen (15) days after delivery of such Objection Notice, all unresolved disputed items shall be promptly referred to an impartial nationally recognized firm of independent certified public accountants, other than QTS TRS’s accountants or Buyer’s accountants, appointed by mutual agreement of Buyer and QTS TRS (the “Independent Accountant”). The Independent Accountant shall be directed to render a written report with respect to any unresolved disputed items as promptly as practicable, but in no event more than thirty (30) days following submission of such items to the Independent Accountant, and to resolve only those unresolved disputed items set forth in the Objection Notice. “
