Common use of AUDIT AND SECURITY Clause in Contracts

AUDIT AND SECURITY. Licensee will take reasonable action to restrict and control the installation and use of the FSMLabs Software in accordance with the limitations and restrictions set forth in Section 2 of this License, and to permit access only to Developers authorized to install and use the FSMLabs Software. Licensee will make reasonable efforts to ensure compliance by all Developers authorized to use the FSMLabs Software with this License. Licensee grants to FSMLabs the right to have independent auditors selected by FSMLabs and acceptable to Licensee, such acceptance not to be unreasonably withheld, audit the installation and use of the FSMLabs Software by Licensee to ensure compliance with this License at any time during regular business hours with three days prior written notice to Licensee.

AUDIT AND SECURITY. Licensee will take reasonable action to restrict and control the installation and use of the FSMLabs Software in accordance with the limitations and restrictions set forth in Section 2 of this License, and to permit access only to Developers authorized to install and use the FSMLabs Software. Licensee will make reasonable efforts to ensure compliance by all Developers authorized to use the FSMLabs Software with this License. Licensee grants to FSMLabs the right to have independent auditors selected by FSMLabs and acceptable to Licensee, such acceptance not to be unreasonably withheld, audit the installation and use of the FSMLabs Software by Licensee to ensure compliance with this License License, once per calendar year at any time during regular business hours with three days prior written notice to Licensee.