RECORD INSPECTION AND AUDIT Sample Clauses

RECORD INSPECTION AND AUDIT. A. LICENSOR shall have the right, upon reasonable notice, to inspect LICENSEE’s books and records and all other documents and material in LICENSEE’s possession or control with respect to the subject matter of this Agreement. LICENSOR shall have free and full access thereto for such purposes and may make copies thereof. In no event shall LICENSOR have the right to examine information with respect to LICENSEE’s costs, pricing formulas, or percentages of markup. LICENSEE shall impose similar obligations on its sublicensees for the benefit of itself and of LICENSOR.
AutoNDA by SimpleDocs
RECORD INSPECTION AND AUDIT. CONSULTANT shall maintain adequate records to permit inspection and audit of CONSULTANT’s time and material charges under this Agreement. CONSULTANT shall make such records available to CITY during normal business hours upon reasonable notice. Such records shall be turned over to CITY upon request.
RECORD INSPECTION AND AUDIT. A. LICENSOR shall have the right, upon reasonable notice, to inspect LICENSEE’S books and records and all other documents and material in LICENSEE’S possession or control with respect to the subject matter of this Agreement within five (5) business days after LICENSOR’S written request. LICENSOR shall have reasonable, free (i.e., no cost except copying costs) and full access thereto for such purposes and may make copies thereof.
RECORD INSPECTION AND AUDIT. (a)Royalty Payee shall have the right, upon reasonable notice, to inspect FCA’s books, records, accounts, and all other documents and material in FCA’s possession or control with respect to the subject matter of this Agreement, subject to appropriate confidentiality restrictions, including all information leading to, derived from or related to the Royalties, the Railcar Sales Net Revenue and the Tank Cars Sales Net Revenue. FCA shall maintain proper books, records and accounts with entries that are full, true and correct in all material respects and in conformity with GAAP consistently applied regarding the Royalties, the Railcar Sales Net Revenue and the Tank Cars Sales Net Revenue. FCA shall permit any representatives or advisors of Royalty Payee, upon reasonable prior notice, to inspect, examine and make extracts from its books, records, accounts, and all other documents and material in FCA’s possession or control with respect to the subject matter of this Agreement, and to discuss its calculations, entries and records with its officers and independent accountants, all at such reasonable times and as often as reasonably requested, in each case at Royalty Payee’ expense; provided that, Royalty Payee shall not exercise such rights more often than two (2) times during any calendar year absent the existence of an event of default by FCA, in which case the inspection and works related thereto can take place at any reasonable time and shall be at FCA’s expense. 3. DECLARACIONES Y GARANTÍAS (a) FCA declara y garantiza que (i) es una sociedad mercantil debidamente constituida, con existencia válida y en pleno goce de sus derechos conforme a las leyes del Estado de Delaware, y (ii) cuenta con las facultades para celebrar el presente Contrato y cumplir con las obligaciones a su cargo. (b) El Acreedor declara y garantiza que es una persona física, de nacionalidad mexicana, mayor de edad, xxxxxx, con plena capacidad para ejercer sus propios derechos y con capacidad legal suficiente y bastante para obligarse en los términos del presente Contrato. 4.
RECORD INSPECTION AND AUDIT. A. Licensor shall have the right upon reasonable notice, to inspect Licensee's original books and ("Records") and all other documents and material in Licensee's possession or control with respect to the subject matter of this Agreement. Licensor shall have free and full access to the Records for such purposes and may make copies thereof.
RECORD INSPECTION AND AUDIT. (a.) Licensor and Trazer Tech shall collectively have the right no more than once every six months, upon reasonable advance notice, and during Licensee’s regular business hours, to inspect Licensee’s books and records in Licensee’s possession or control with respect to the subject matter of this Agreement pertaining to the last 4 revenue share statements as described in 5 c. Licensor and Trazer Tech shall have free and full access thereto for such purposes and, at Licensor’s or Trazer Tech’ cost, may make copies thereof.
RECORD INSPECTION AND AUDIT. During the term of this Agreement and for a period of twelve (12) months thereafter, Medtronic shall have the right, upon reasonable notice, to inspect Capricor’s financial books and records and all other documents and material in Capricor’s possession with respect to the determination and payment of royalties and other financial obligations required under this Agreement. In no event shall Medtronic have the right to examine information with respect to Capricor’s costs, pricing formulas, or percentages of markup. Capricor shall impose similar obligations on any Non-Party Licensee for the benefit of itself and of Medtronic. For clarity, Medtronic shall have no right to examine any other Confidential Information of Capricor or of any third party. The costs of any such audit shall be borne by Medtronic and audits shall be limited to one time in each calendar year.
AutoNDA by SimpleDocs
RECORD INSPECTION AND AUDIT. A. Company shall have the right, upon reasonable notice, to inspect Distributor's books and records and all other documents and material in Distributor's possession or control with respect to the subject matter of this Agreement. In addition, Distributor shall contractually obligate its Subdistributors and Sales Representatives to agree to make their books and records available to Company for inspection. Company shall have free and full access thereto for such purposes and may make copies thereof.
RECORD INSPECTION AND AUDIT. (a) Xxxx and its accountants shall have the right, upon reasonable notice, to inspect CellStar's books and records and all other documents and material in CellStar's possession or control with respect to the subject matter of this Agreement. Xxxx shall have free and full access thereto for such purposes and may make copies thereof. Any copy will be marked "Confidential" and logged on a list of copied documents to be returned by Xxxx to CellStar at the termination of this Agreement. Xxxx shall not reveal "Confidential" marked items to any person, other than to those persons reasonably necessary to conduct the audit and inspection.
RECORD INSPECTION AND AUDIT. (a) The Royalty Payees shall have the right, upon reasonable notice, to inspect FCA’s books, records, accounts, and all other documents and material in FCA’s possession or control with respect to the subject matter of this Agreement, subject to appropriate confidentiality restrictions, including all information leading to, derived from or related to the Royalties, the Railcar Sales Net Revenue and the Tank Cars Sales Net Revenue. FCA shall maintain proper books, records and accounts with entries that are full, true and correct in all material respects and in conformity with GAAP consistently applied regarding the Royalties, the Railcar Sales Net Revenue and the Tank Cars Sales Net Revenue. FCA will permit any representatives or advisors of the Royalty Payees, upon reasonable prior notice, to inspect, examine and make extracts from its books, records, accounts, and all other documents and material in FCA’s possession or control with respect to the subject matter of this Agreement, and to discuss its calculations, entries and records with its officers and independent accountants, all at such reasonable times and as often as reasonably requested, in each case at the Royalty Payees’ expense; provided that, the Royalty Payees shall not exercise such rights more often than two (2) times during any calendar year absent the existence of an event of default by FCA, in which case the inspection and works related thereto can take place at any reasonable time and shall be at FCA’s expense.
Time is Money Join Law Insider Premium to draft better contracts faster.