Audit Rights definition

Audit Rights the audit and access rights referred to in Schedule 7.5 (Financial Reports and Audit Rights);
Audit Rights means the right to, or to have representatives,
Audit Rights see Section 7.9 of this Agreement.

Examples of Audit Rights in a sentence

  • Audit rights Due to transparency statutes and public accountability requirements of TIPS and TIPS Members’, the awarded Vendor shall, at their sole expense, maintain appropriate due diligence of all purchases made by TIPS Member that utilizes this Agreement.


More Definitions of Audit Rights

Audit Rights. GraphOn reserves the right to audit the compliance of Your us e of the Licensed Products with the terms of this Agreement. You agree to xxxxxx ate with any audit request and provide GraphOn with all reasonable assistance an d access to information.
Audit Rights. (Section 7.5c) shall mean a Party's right to have Price Watexxxxxx, Xxxxxx Xxxxxxxx xx Ernst & Young, or their lawful successors, audit the other Party's books and records on reasonable prior notice for the purpose of making a factual determination of whether a specified event has occurred. The Parties shall request the firms in the order set forth above, and shall only request the second or third listed firm if the earlier listed firms decline to serve. In carrying out such audit responsibilities, said accounting firm shall use generally accepted accounting principles (hereafter "GAAP"), as consistently applied by the audited party. The auditor's working papers shall not be made available to the Party requesting the audit.
Audit Rights means the rights of a Party to select an independent certified public accountant reasonably acceptable to the other Party to inspect, during normal business hours and upon at least 10 Business Days' notice to such other Party, the applicable records of such other Party to confirm the accuracy of its calculations or compliance with specific provisions of this Agreement that provide for such rights. The determination of the independent certified public accountant shall be binding on the Parties.
Audit Rights means the right to appoint an independent certified public accountant and receive a report therefrom under Section 7.6(C) of the License Agreement.
Audit Rights means the city's independent right to audit charges, costs, expenses, payments, setoffs, change orders and other expenditures under any purchase arrangement whether or not such right is specifically included in the bid package or other documents related to the purchase.
Audit Rights. Upon Licensor’s request, Licensee shall provide Licensor with a certificate of compliance verifying that Licensee’s use of the Software is in compliance with the terms and conditions of this License. Licensor may, at its expense, during regular business hours and in a manner that will not unreasonably interfere with Licensee’s business activities, conduct an audit to verify that Licensee’s use of the Software complies with the terms and conditions of this License. If the audit reveals an underpayment of any license, maintenance or support fees, Licensee shall promptly pay all amounts owing as well as a reasonable fee for the audit. Limited Warranty: Licensor warrants to the Licensee only (and not to any subsequent sub- licensee or User) that the Software, as delivered, will perform substantially in accordance with Licensor’s then-current user manual in all material respects; however, Licensor does not warrant that the Software will meet Licensee’s needs, be error-free, or operate without interruption. In order to be valid, all warranty claims must be made by Licensee, in writing (setting forth the details of the warranty claim) not later than ninety (90) calendar days after shipment of the Software by Licensor to Licensee. LICENSOR MAKES NO WARRANTIES WHATSOEVER REGARDING ANY SOFTWARE AND/OR COMPONENTS OF THE SOFTWARE CREATED OR OWNED BY ANY THIRD PARTY AND HEREBY ASSIGNS TO LICENSEE (TO THE EXTENT PERMITTED UNDER LICENSOR’S AGREEMENTS WITH SUCH THIRD PARTIES) ALL WARRANTIES RELATING TO SUCH SOFTWARE AND/OR COMPONENTS OF THE SOFTWARE. THE FOREGOING WARRANTIES ARE IN LIEU OF ALL OTHER WARRANTIES EXPRESSED, IMPLIED OR STATUTORY RELATING TO THE SOFTWARE AND THE STORAGE MEDIA, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE AND WARRANTIES OF MERCHANTABILITY OR SATISFACTORY QUALITY EXCEPT THOSE REQUIRED BY LAW. Any unauthorized use or modification of the Software by Licensee shall void any and all warranties. In addition, to the extent that the Licensee makes any express or implied warranty or indemnity to its customers in respect of the Software or any representation with regard to the Software, it is expressly understood and acknowledged by the Licensee that any such warranty, indemnity and/or representation shall be made solely for the Licensee’s account and shall not bind Licensor.
Audit Rights means a Party’s right to have a nationally-recognized accouting firm other than the Party’s own accounting firm audit the other Party’s books and records on reasonable prior notice for the purpose of making a factual determination of whether a specified event has occurred. In carrying out such audit responsibilities, said accounting firm shall use generally accepted accounting principles (hereafter “GAAP”), as consistently applied by the audited Party. The auditor’s working papers shall not be made available to the Party requesting the audit.