Common use of Audit Fees Clause in Contracts

Audit Fees. Buyer or its designee may conduct examinations of the Collateral and Seller’s operations, unless an Event of Default has occurred and is continuing, in which event the number of audits conducted will be in Buyer’s reasonable discretion. Seller shall pay Buyer audit fees not to exceed 1,000.00 per day plus expenses per audit. Audit fees shall be payable upon demand by Buyer.

Appears in 2 contracts

Sources: Factoring Agreement, Factoring Agreement (Stellar Acquisition III Inc.)

Audit Fees. Buyer or its designee may conduct examinations of the Collateral and Seller’s operations's operations no more frequently than once per year, unless an Event of Default has occurred and is continuing, in which event the number of audits conducted will be in Buyer’s 's reasonable discretion. Seller shall pay Buyer audit fees reasonably incurred by ▇▇▇▇▇, not to exceed $1,000.00 per day plus expenses per audit. Audit fees shall be payable upon demand within thirty (30) days’ after receipt by Seller of request therefor from Buyer.

Appears in 1 contract

Sources: Factoring Agreement (Recruiter.com Group, Inc.)

Audit Fees. Buyer or its designee may conduct N/A examinations of the Collateral and Seller’s 's operations, unless an Event of Default has occurred and is continuing, in which event the number of audits conducted will be in Buyer’s 's reasonable discretion. Seller shall pay Buyer audit fees not to exceed 1,000.00 $595.00 per day plus expenses per audit. Audit fees shall be payable upon demand by Buyer.

Appears in 1 contract

Sources: Factoring Agreement (SSP Solutions Inc)

Audit Fees. Buyer or its designee may conduct examinations of the Collateral and Seller’s 's operations, unless an Event books and records in the event of Default has occurred and is continuing, in which event the number Default. The frequency of such audits conducted will be in subject to Buyer’s 's reasonable discretion. Seller shall pay Buyer audit fees not to exceed 1,000.00 $750.00 per day plus expenses per audit. Audit fees shall be payable upon demand by Buyer.

Appears in 1 contract

Sources: Accounts Receivable and Purchase Order Financing Security Agreement (Intelligent Highway Solutions, Inc.)

Audit Fees. Buyer or its designee may conduct examinations of the Collateral and Seller’s operations, unless an Event of Default has occurred and is continuing, in which event the number of audits conducted will be in Buyer’s reasonable discretion. Seller shall pay Buyer audit fees not to exceed $1,000.00 per day plus expenses per audit. Audit fees shall be payable upon demand by Buyer.

Appears in 1 contract

Sources: Factoring Agreement (MR2 Group, Inc.)

Audit Fees. Buyer or its designee may conduct examinations of the Collateral and Seller’s 's operations, unless an Event of Default has occurred and is continuing, in which event the number of audits conducted will be in Buyer’s 's reasonable discretion. Seller shall pay Buyer audit fees not to exceed $1,000.00 per day plus expenses per audit. Audit fees shall be payable upon demand by Buyer.

Appears in 1 contract

Sources: Factoring Agreement (Monster Digital, Inc.)

Audit Fees. Buyer or its designee may conduct ---------- N/A examinations of the Collateral and Seller’s 's --- operations, unless an Event of Default has occurred and is continuing, in which event the number of audits conducted will be in Buyer’s 's reasonable discretion. Seller shall pay Buyer audit fees not to exceed 1,000.00 $575.00 per day plus expenses per audit. Audit fees shall be payable upon demand by Buyer.

Appears in 1 contract

Sources: Factoring Agreement (MRL Inc)