Common use of Audit Period Clause in Contracts

Audit Period. Upon the expiration of [***] following the end of any Calendar Year, the audit rights set forth in this Section 6.5 shall no longer apply to such Calendar Year and the calculation of amounts payable with respect to such Calendar Year will be binding and conclusive.

Appears in 1 contract

Sources: Collaboration and License Agreement (Puma Biotechnology, Inc.)

Audit Period. Upon the expiration of [***] following the end of any Calendar Year, the audit rights set forth in this Section 6.5 shall 6.6 will no longer apply to such Calendar Year and the calculation of amounts payable with respect to such Calendar Year will be binding and conclusive.

Appears in 1 contract

Sources: Exclusive License Agreement (LianBio)

Audit Period. Upon the expiration of [***] following the end of any Calendar Year, the audit rights set forth in this Section 6.5 shall 5.7 will no longer apply to such Calendar Year and the calculation of amounts payable with respect to such Calendar Year will be binding and conclusiveconclusive absent a showing of fraud or intentional misconduct in the calculation of such amounts.

Appears in 1 contract

Sources: License Agreement (Blueprint Medicines Corp)