Fee Audit definition
Examples of Fee Audit in a sentence
The REIT may conduct the Fee Audit by using its own internal auditors or by employing independent auditors no more than once per year.
If any Fee Audit conducted by or on behalf of REIT reveals a discrepancy in excess of ten percent (10%), and greater than $10,000, for the aggregate fees and expense reimbursements payable during the period under audit pursuant to the Fee Audit, PECO shall be responsible for the reasonable expenses of such audit.
If any Fee Audit conducted by or on behalf of REIT reveals a discrepancy in excess of ten percent (10%), and greater than $10,000, for the aggregate fees and expense reimbursements payable during the period under audit pursuant to the Fee Audit, Property Manager shall be responsible for the reasonable expenses of such audit.
REIT may conduct the Fee Audit by using its own internal auditors or by employing independent auditors.
The Fee Auditor shall prepare and submit to FNF a written report of the results of the Fee Audit (a “Fee Audit Report”).
FNF will provide LPS with a copy of the Fee Audit Report within five (5) business days of FNF’s receipt thereof.
In no event shall LPS’s liability for the cost of the Fee Audit exceed reasonable and customary charges for such audits.
LPS agrees to cooperate fully with the Fee Auditor in preparation of the Fee Audit Report (as defined below) and deliver any requested information to the Fee Auditor which LPS would otherwise be required to furnish to FNF pursuant to Section 14.1 hereof at FNF’s sole expense.
Bank shall cause the Fee Auditor to prepare a report that details the Fee Auditor’s findings (the “Fee Audit Report”) and to provide a copy of the Fee Audit Report to Company within thirty (30) days of completing the Fee Audit.
Deluxe shall provide eFunds with a copy of the Fee Audit Report within thirty (30) business days of Deluxe's receipt thereof.