Common use of Formal Audits Clause in Contracts

Formal Audits. We, or Our designated agent, may, upon five (5) working days’ prior written notice to You, inspect any of Your facilities where Products are used and audit records for the purpose of confirming Your use of the Products and Your compliance with this Agreement. We may perform only one formal audit per twelve

Appears in 2 contracts

Sources: Customer License and Support Services Agreement, Customer License and Support Services Agreement