Audit Results definition

Audit Results means the results of on-site load audits conducted on loads to be delivered to TFM Stores. A minimum of [***] cases will be audited in the period from November 1,2018 to October 30, 2019 (and the minimum number of cases to be audited in subsequent one-year periods will be reasonably agreed upon by the parties on or before the end of each one-year period); the percentage of cases audited by Supplier Facility will be determined based on the percentage of Product shipped from each Supplier Facility to TFM Stores and the audits will be approximately evenly distributed across quarters. Selection of loads to audit will be randomized. Each audit will be performed at the dock of the Supplier Facility by Supplier’s representative(s). Selected loads will be disassembled and inspected. Any errors in the load will be corrected and recorded and the load will be reassembled and delivered to the TFM Store within the timeframe required by the Supply Agreement. TFM shall be permitted to participate in, obseive or audit any load audits using TFM representatives. Upon request by TFM, the parties will utilize a third-party auditor reasonably agreed upon by the parties to perform the load audits, in which case, the cost of such third-party auditor would be split between TFM and Supplier.
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Audit Results has the meaning set forth in Section 8(a) below.
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Audit Results. If an audit determines District has not received payment(s) from Contractor in accordance with the terms of this Contract, Contractor agrees to pay District the delinquent payment(s) within ten (10) calendar days plus interest from the date of delinquency at the rate of one percent (1%) per month. Receipt of such payment shall not preclude District from pursuing any other right or remedy available under law. In addition, if the audit determines that Contractor has underpaid District by more than ten percent (10%), Contractor shall pay the entire cost of the audit. Record Retention: Contractor shall retain all records relating to the Services for at least five (5) years following the Completion Date.
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Examples of Audit Results in a sentence

  • INFORMATION ACCESS AND AUDIT RIGHTS 56 25.1 Information Access 56 25.2 Reporting of Non-Force Majeure Events 56 25.3 Audit Rights 57 25.4 Audit Rights Periods 57 25.5 Audit Results 57 ARTICLE 26.

  • INFORMATION ACCESS AND AUDIT RIGHTS 58 25.1 Information Access 58 25.2 Reporting of Non-Force Majeure Events 58 25.3 Audit Rights 58 25.4 Audit Rights Periods 59 25.5 Audit Results 59 ARTICLE 26.

  • MDOT will make its decision with regard to any Notice of Audit Results and RESPONSE within one hundred twenty (120) days after the date of the Notice of Audit Results.

  • INFORMATION ACCESS AND AUDIT RIGHTS 47 25.1 Information Access 47 25.2 Reporting of Non-Force Majeure Events 47 25.3 Audit Rights 48 25.4 Audit Rights Periods 48 25.5 Audit Results 48 ARTICLE 26.

  • INFORMATION ACCESS AND AUDIT RIGHTS 57 25.1 Information Access 57 25.2 Reporting of Non-Force Majeure Events 57 25.3 Audit Rights 58 25.4 Audit Rights Periods 58 25.5 Audit Results 58 ARTICLE 26.

  • INFORMATION ACCESS AND AUDIT RIGHTS 47 25.1 Information Access 47 25.2 Reporting of Non-Force Majeure Events 47 25.3 Audit Rights 47 25.4 Audit Rights Periods 47 25.5 Audit Results 48 ARTICLE 26.

  • In the event that an audit performed by or on behalf of MDOT indicates an adjustment to the costs reported under this Agreement or any PROJECT AUTHORIZATION or questions the allowability of an item of expense, MDOT will promptly submit to the AGENCY a Notice of Audit Results and a copy of the audit report, which may supplement or modify any tentative findings verbally communicated to the AGENCY at the completion of an audit.

  • The Diversion Authority will make its decision with regard to any Notice of Audit Results and Response within one hundred twenty (120) days after the date of the Notice of Audit Results.

  • INFORMATION ACCESS AND AUDIT RIGHTS 87 25.1 Information Access 87 25.2 Reporting of Non-Force Majeure Events 88 25.3 Audit Rights 88 25.4 Audit Rights Periods 88 25.5 Audit Results 89 ARTICLE 26.

  • In the event that an audit performed by or on behalf of MDOT indicates an adjustment to the costs reported under this Agreement or questions the allowability of an item of expense, MDOT will promptly submit to the AGENCY a Notice of Audit Results and a copy of the audit report, which may supplement or modify any tentative findings verbally communicated to the AGENCY at the completion of an audit.

Related to Audit Results

  • Project Results means all data and results of the Project.

  • Audit Report means a report summarising the testing completed and the actions arising following an Audit;

  • Audit means the examination of a person or the inspection of the books, records, memoranda, or accounts of a person, ordered to appear before the Tax Administrator, for the purpose of determining liability for a municipal income tax.

  • Auditors means the auditors for the time being of the Company;

  • Independent Auditors has the meaning set forth in Section 3.2.