Common use of LICENSEE RECORDS Clause in Contracts

LICENSEE RECORDS. Licensee grants to Objectway Technologies and its independent accountants the right to examine Licensee's books, records and accounts during Licensee's normal business hours to verify compliance with this Agreement. In the event such audit discloses noncompliance with this Agreement, Licensee shall promptly pay to Objectway Technologies the appropriate license fees with interest at the highest rate allowed under the law and the audit expenses incurred by Objectway Technologies. This right shall survive any termination or expiration of this Agreement.

Appears in 2 contracts

Sources: End User Software License Agreement, End User Software License Agreement (Eula)