Common use of Audit of Charges Clause in Contracts

Audit of Charges. Within 30 days after the Effective Date, ▇▇▇▇▇ Systems and CalPX shall agree as to the documentation that ▇▇▇▇▇ Systems will provide to CalPX each month in support of its charges under this Agreement, including, reimbursable expenses. Upon notice from CalPX, ▇▇▇▇▇ Systems shall provide CalPX and its representatives (collectively, the "Ca1PX Auditors") with access to such financial records and supporting documentation as may reasonably be requested by the CalPX Auditors, and the CalPX Auditors may audit reasonably appropriate books and records of ▇▇▇▇▇ Systems for the purpose of verifying that any amounts charged under this Agreement with respect to the Services are accurate and in accordance with this Agreement. If, as a result of such audit, CalPX determines that ▇▇▇▇▇ Systems has overcharged or undercharged CalPX, CalPX shall notify ▇▇▇▇▇ Systems of the amount of such overcharge or undercharge and ▇▇▇▇▇ Systems or CalPX, as the case may be, shall promptly pay the amount due. In addition, if any such audit reveals an overcharge to CalPX of five percent or more of the aggregate amount of the invoices audited, ▇▇▇▇▇ Systems shall reimburse CalPX for the cost of such audit.

Audit of Charges. Within 30 days after the Effective Date, ▇▇Perot Systems and Ca▇▇▇ Systems and CalPX shall ▇hall agree as to the documentation that Perot Systems will p▇▇▇▇▇ Systems will provide ▇e to CalPX each month in support of its charges under this Agreement, including, including reimbursable expenses. Upon notice from CalPX, Perot Systems shall ▇▇▇▇▇ Systems shall provide ▇de CalPX and its representatives (collectively, the "Ca1PX CaIPX Auditors") with access to such financial records and supporting documentation as may reasonably be requested by the CalPX Auditors, and the CalPX Auditors may audit reasonably appropriate books and records of Perot Systems for th▇ ▇▇▇▇▇ Systems for the purpose pose of verifying that any amounts charged under this Agreement with respect to the Services are accurate and in accordance with this Agreement. If, as a result of such audit, CalPX determines that Perot Systems has ov▇▇▇▇▇ Systems has overcharged ▇rged or undercharged CalPX, CalPX shall notify Perot Systems of the ▇▇▇▇▇ Systems of the amount nt of such overcharge or undercharge and Perot Systems or Cal▇▇, ▇▇▇ Systems or CalPX, as s the case may be, shall promptly pay the amount due. In addition, if any such audit reveals an overcharge to CalPX of five percent or more of the aggregate amount of the invoices audited, Perot Systems shall ▇▇▇▇▇ Systems shall reimburse ▇urse CalPX for the cost of such audit.

Audit of Charges. Within 30 days after the Effective Date, ▇▇▇▇▇ Perot Systems and CalPX shall agree as to the documentation that documentatio▇ ▇▇▇▇▇ t Perot Systems will provide to CalPX each month in support of its ▇▇ ▇▇s charges under this Agreement, including, including reimbursable expenses. Upon notice from CalPX, ▇▇▇▇▇ Perot Systems shall provide CalPX and its representatives (collectively▇▇▇▇ectively, the "Ca1PX AuditorsCALPX AUDITORS") with access to such financial records and supporting documentation as may reasonably be requested by the CalPX Auditors, and the CalPX Auditors may audit reasonably appropriate books and records of ▇▇▇▇▇ Perot Systems for the purpose of verifying that any amounts charged amount▇ ▇▇▇rged under this Agreement with respect to the Services are accurate and in accordance with this Agreement. If, as a result of such audit, CalPX determines that ▇▇▇▇▇ Perot Systems has overcharged or undercharged CalPX, CalPX shall notify ▇▇▇▇▇ l notify Perot Systems of the amount of such overcharge or undercharge and ▇▇undercha▇▇▇ ▇nd Perot Systems or CalPX, as the case may be, shall promptly pay ▇▇▇ the amount due. In addition, if any such audit reveals an overcharge to CalPX of five percent or more of the aggregate amount of the invoices audited, ▇▇▇▇▇ Perot Systems shall reimburse CalPX for the cost of such audita▇▇▇▇.