Cost of Audits. The fees and expenses of an audit requested by Rubicon or USC pursuant to Section 10.1 of this Agreement shall be borne the party requesting the audit; provided, however, that if any audit reveals that A▇▇▇▇▇ underpaid the royalties due to Rubicon under this Agreement as to the period being audited by more than ten percent (10%) of the amount that was payable for such period, then A▇▇▇▇▇ shall, in addition to paying immediately to Rubicon any such deficiency, reimburse the party requesting the audit for the cost of such audit.
Appears in 1 contract
Sources: Exclusive License and Development Agreement (Rubicon Medical Inc)
Cost of Audits. The fees and expenses of an audit requested by Rubicon or USC pursuant to Section 10.1 of this Agreement shall be borne the party requesting the audit; provided, however, that if any audit reveals that A▇▇▇▇▇▇ underpaid the royalties due to Rubicon under this Agreement as to the period being audited by more than ten percent (10%) of the amount that was payable for such period, then A▇▇▇▇▇▇ shall, in addition to paying immediately to Rubicon any such deficiency, reimburse the party requesting the audit for the cost of such audit.
Appears in 1 contract
Sources: Exclusive License and Development Agreement (Rubicon Medical Corp)
Cost of Audits. The fees and expenses of an audit requested by Rubicon or USC pursuant to Section 10.1 of this Agreement shall be borne the party requesting the audit; provided, however, that if any audit reveals that A▇Ab▇▇▇▇ underpaid ▇nderpaid the royalties due to Rubicon under this Agreement as to the period being audited by more than ten percent (10%) of the amount that was payable for such period, then A▇Ab▇▇▇▇ shall▇hall, in addition to paying immediately to Rubicon any such deficiency, reimburse the party requesting the audit for the cost of such audit.
Appears in 1 contract
Sources: Exclusive License and Development Agreement (Rubicon Medical Inc)