REPORT & AUDIT Sample Clauses

REPORT & AUDIT. 6.1 Licensee shall provide Licensor with all relevant and non-privileged information pertaining to the development of its business in relation to the Game. Without limiting the generality of the foregoing, Licensee shall inform Licensor promptly in the event of its launch of the beta tests or the commercial service of the Game. 6.2 Licensee shall provide Licensor with a monthly report (the “Monthly Report”) within fifteen (15) days after the end of the applicable month. Such report shall be in writing and discuss Licensee’s business activities in relation to the Game, including, but not limited to, the number of End-Users including the maximum and average number of concurrent End-Users, the fees charged by Licensee, the total service amounts for the pertinent month, the amounts spent on advertising activities, complaints received from End Users and market trends in the Territory. 6.3 Licensee shall keep all of their records, contractual and accounting documents and company documents in relation to its business and other activities related to this Agreement in its principal offices during the term of this Agreement and for not less than five (5) years after the expiration or termination of this Agreement. 6.4 During the term of this Agreement and for five (5) years after the expiration or termination hereof, Licensor may by itself or through an accountant designated by Licensor investigate and audit the accounting documents of Licensee with respect to its Game business upon seven (7) days prior written notice to Licensee. For this purpose, Licensor may request Licensee to produce relevant documents, and may visit Licensee’s office and make copies of Licensee’s documents. Licensee shall provide all assistance and co-operation required by Licensor for such investigation and audit. 6.5 All expenses incurred for such investigation and audit shall be borne by Licensor. 6.6 If such investigation and audit reveals underpayment by greater than five percent (5%) of the annual Royalty Payment amount, Licensee shall bear all expenses for such investigation and audit and shall immediately pay to Licensor the unpaid amount together with a per annum default interest thereon equivalent to 18% percent thereof. In the event of Licensee’s understatement of the Royalty Payment amount without any justifiable reasons, Licensor shall be entitled to terminate this Agreement pursuant to Article 13.3(b) below.
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REPORT & AUDIT. 5.1. Each monthly payment shall be accompanied by a Report of reproduction and shipment activity for the Software during that period. 5.2. Through an independent CPA firm, ULEAD shall have the right to audit Licensee's records twice per year during regular business hours upon forty-eight (48) hours written notice, to verify Licensee's compliance with the payment of royalties, as described in this Agreement. Such audit shall pertain only to the financial matters pertinent to the royalties payable to ULEAD and to matters pertinent to Licensee's licensing and composition of Bundled Products. ULEAD will pay all costs associated with such audit unless it is determined that a material discrepancy exists, in which case Licensee will pay such costs. A material discrepancy shall be defined as a deficiency of 10% or more (such percentage calculation to be made based on the amount of royalties that should have been paid) in unpaid royalties over the previous 12-month period. In the event of such discrepancy, Licensee will pay to ULEAD: (a) the amount of the discrepancy; (b) interest on the amount at a annual rate of the higher of (1) twelve percent (12%) or (2) three percent (3%) above the prime rate published by the Wall Street Journal on the date it first becomes due; and (c) the costs of the audit, within 10 business days after receipt of the audit report.
Sample 1
REPORT & AUDIT. Where the building work has previously had a building surveyor engaged, Councils building surveyor reserves the right to request and undertake a full building report/audit on all aspects of building work already completed at the applicant’s expense. A building report/audit will be non-refundable and charged at an hourly rate as per approved council fees and charges (minimum 6 hours) and may include an onsite inspection if deemed necessary. As per section 322 of the Building Act Council will not accept any responsibility for work completed prior to the appointment of councils building surveyor. During the audit process where reasonable the building surveyor may request elements of the building work that are not visible to be exposed at the owner’s expense for inspection and verification of compliance. If at any point during the audit process the building surveyor deems that they would be unable to fulfil the requirements of the Building Act 2016 or the Building Regulations 2016 they may refuse the application.
Sample 1
REPORT & AUDIT. Within ten (10) business days after the end of each fiscal quarter, the Company shall provide to FCF a written account of the amount of its total purchases of Manufactured Products applicable to the required purchases hereunder and of its purchases pursuant to Section 2.1. FCF shall have reasonable access during normal business hours to the necessary books of the Company in order to verify the account submitted by the Company.
Sample 1
REPORT & AUDIT. 7.1 Licensee, upon Licensor’s request, shall provide Licensor with all the information on the development of its business in relation to the Game during the Term of this Agreement.
Sample 1

Related to REPORT & AUDIT

  • Annual Audit Report On or before July 31 of each year, beginning with July 31, 2002, Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller and Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer's duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that Servicer's overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement. 27. A new Section 5.07 is hereby added to the Master Servicing Agreement to read as follows:

  • SAO AUDIT A. The state auditor may conduct an audit or investigation of any entity receiving funds from the state directly under the Contract or indirectly through a subcontract under the Contract. The acceptance of funds directly under the Contract or indirectly through a subcontract under the Contract acts as acceptance of the authority of the state auditor, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. Under the direction of the legislative audit committee, an entity that is the subject of an audit or investigation by the state auditor must provide the state auditor with access to any information the state auditor considers relevant to the investigation or audit. B. Grantee shall comply with any rules and procedures of the state auditor in the implementation and enforcement of Section 2262.154 of the Texas Government Code.

  • Independent Audit The Grantee shall submit, in a format specified by the department, the independent financial compliance audit prepared by an independent Certified Public Accountant for the previous fiscal year. The audit shall follow the General Grant Requirements of Sections VIII (F) and (G) and be submitted no later than March 1 of the current fiscal year.

  • Report A report delivered by the Servicer to the Trustee or the Certificate Administrator pursuant to Section 3.10.

  • Accountants’ Report Simultaneously with the delivery of the annual financial statements referred to in Section 5.08(2), a certificate of the independent public accountants who audited such statements to the effect that, in making the examination necessary for the audit of such statements, they have obtained no knowledge of any condition or event which constitutes a Default or Event of Default, or if such accountants shall have obtained knowledge of any such condition or event, specifying in such certificate each such condition or event of which they have knowledge and the nature and status thereof;

  • Final Audit Report Contractor shall promptly submit to the State a copy of any final audit report of an audit performed on Contractor’s records that relates to or affects this Contract or the Work, whether the audit is conducted by Contractor or a third party.

  • Accountants' Reports promptly upon receipt thereof (unless restricted by applicable professional standards), copies of all reports submitted to Company by independent certified public accountants in connection with each annual, interim or special audit of the financial statements of Company and its Subsidiaries made by such accountants, including any comment letter submitted by such accountants to management in connection with their annual audit;

  • Payment Audit Records of costs incurred under terms of the Contract will be maintained in accordance with section 8.3 of these Special Contract Conditions. Records of costs incurred will include the Contractor’s general accounting records, together with supporting documents and records of the Contractor and all subcontractors performing work, and all other records of the Contractor and subcontractors considered necessary by the Department, the State of Florida’s Chief Financial Officer, or the Office of the Auditor General.

  • Compliance Audit LEA shall have the right but shall be under no obligation to conduct audit(s), from time to time, of Provider’s records concerning its compliance obligations as set forth in this Article V. Provider shall make such records and other documents available to LEA upon request.

  • Evaluation Reports Where a formal evaluation of an employee's performance is carried out, the employee shall be provided with a copy to read and review. Provision shall be made on the evaluation form for an employee to sign it. The form shall provide for the employee's signature in two (2) places, one indicating that the employee has read and accepts the evaluation, and the other indicating that the employee disagrees with the evaluation. The employee shall sign in one of the places provided within seven (7) calendar days. No employee may initiate a grievance regarding the contents of an evaluation report unless the signature indicates disagreement with the evaluation. The employee shall receive a copy of the evaluation report at the time of signing. An evaluation report shall not be changed after an employee has signed it, without the knowledge of the employee, and any such changes shall be subject to the grievance procedure.

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