Audited Party definition

Audited Party means the Party being audited by the Auditing Party.

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Audited Party shall have the meaning set forth in Section 5.3(b).

Audited Party has the meaning set forth in Section 7.9.

Examples of Audited Party in a sentence

Unless disputed pursuant to Section 8.11, if such audit concludes that (x) additional amounts were owed by the Audited Party, the Audited Party shall pay the additional amounts, with interest from the date originally due as provided in Section 8.8, or (y) excess payments were made by the Audited Party, the Auditing Party shall reimburse such excess payments, in either case ((x) or (y)), within [***] after the date on which such audit is completed by the Auditing Party.
No later than [***] after such decision and in accordance with such decision, the Audited Party shall pay the additional amounts, with interest from the date originally due as provided in Section 8.8, or the Auditing Party shall reimburse the excess payments, as applicable.
Except as provided below, the cost of this audit shall be borne by the Auditing Party, unless the audit reveals, with respect to a period, a variance of more than [***] from the reported Net Sales for such period, in which case the Audited Party shall bear the cost of the audit.

Audited Party shall have the meaning set forth in Section 8.2(a).

Audited Party has the meaning set forth in Section 3.9 (Records and Audits).

Audited Party is defined in Section 4.03(a)(ii).

Audited Party shall have the meaning assigned to such term in Section 7.5.

Audited Party has the meaning assigned to such term in Section 5.2(1)(ii).

Audited Party shall have the meaning set forth in Section 10.6(b).

Audited Party means the Party that is the subject of an audit by the other Party under Section 6.4.2.