Frequency of Audits Clause Samples
The 'Frequency of Audits' clause defines how often audits may be conducted under an agreement. It typically specifies a set interval—such as annually or quarterly—during which one party may review the other’s records, operations, or compliance with contractual obligations. By establishing a clear schedule for audits, this clause helps manage expectations, prevent disputes over excessive or insufficient oversight, and ensures regular monitoring to maintain compliance.
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Frequency of Audits a. Audits shall be performed annually to meet this requirement.
Frequency of Audits. Novation shall not have the right to conduct more than one audit in any 12-month period.
Frequency of Audits. Triad or its designee may perform up to [**] operational audits and/or financial audits per facility each calendar year as described in this Section at no additional charge; [**]. Triad or its designee may perform additional operational and financial audits in a calendar years for a mutually agreed reasonable charge (including through utilization of Baseline Project FTE Hours in accordance with Section 4.7) based on Supplier’s non-administerial efforts associated with such additional audits and Supplier’s then-current commercial rates therefor (to the extent the efforts therefor exceed available Baseline Project FTE Hours) at the Agreed Discount as provided in Schedule J, provided that Supplier notifies Triad of an estimate of any such charge, obtains Triad’s approval prior to Triad incurring such charge, and uses commercially reasonable efforts to minimize such charge.
Frequency of Audits. 45 17.3 Auditors.....................................................................45 17.4
Frequency of Audits. Operational audits, to examine the technological aspects of Neoforma's provision of Services, may not be conducted more than once in any 12-month period. Financial audits, which examine Neoforma's financial records, and other supporting records, may not be conducted more than once in any 12-month period. Novation may, at its election, conduct operational and financial audits concurrently.
Frequency of Audits. Audits shall be limited to [***] per Contract Year.
Frequency of Audits. Each Party may exercise its audit rights under Section 5.6.2 (Ionis Audits of Thera) or Section 5.6.3 (Thera Audits of Ionis), as applicable, on an as-needed basis with respect to For-Cause Audits and no more than [Redacted: Frequency] per Financial Year for all other audits.
Frequency of Audits. Audits, as identified in Section 7.1, shall not be requested by WPSC more frequently than once every year and no claim may be brought as to any invoice more than eighteen (18) months after the date that the invoice is rendered pursuant to Article II.
Frequency of Audits. Except for the provisions for biennial audits provided in paragraphs (a) and (b) of this section, audits required by this part shall be performed annually. Any biennial audit shall cover both years within the biennial period.
(a) A State or local government that is required by constitution or statute, in effect on January 1, 1987, to undergo its audits less frequently than annually, is permitted to undergo its audits pursuant to this part biennially. under audit. This requirement must still be in effect for the biennial period
(b) Any non-profit organization that had biennial audits for all biennial periods ending between July 1, 1992, and January 1, 1995, is permitted to undergo its audits pursuant to this part biennially.
Frequency of Audits. Audits, as identified in Section 7.1, shall not be requested by SCL more frequently than once every year and no claim may be brought as to any invoice more than eighteen (18) months after the date that the invoice is rendered pursuant to Article II.