Participant Audits Sample Clauses
The Participant Audits clause grants one party the right to review and examine the records, processes, or operations of another party to ensure compliance with agreed terms. Typically, this clause outlines the scope of audits, the notice period required before an audit, and any limitations on frequency or confidentiality. For example, it may allow a company to inspect a vendor’s financial records or data security practices to verify adherence to contractual obligations. The core function of this clause is to provide transparency and accountability, helping to detect and prevent non-compliance or misuse of resources.
Participant Audits. Each Participant is responsible for performing periodic audits, in accordance with the NDHIN Policies and Procedures, to confirm compliance with this participation Agreement and proper use of the Hosted System and the Hosted Applications in accordance with this Participation Agreement and the NDHIN Policies and Procedures, and for reporting the findings of these audits to the NDHIN or the Advisory Committee as may be required by the NDHIN Policies and Procedures, with any findings of noncompliance to be reported to the full Advisory Committee.
Participant Audits. The Participant shall be responsible for performing periodic audits, in accordance with the SHIN-NY Policy Standards and the RHIO Policies and Procedures, to confirm compliance with this Participation Agreement and proper use of the RHIO System and the RHIO Services in accordance with this Participation Agreement, the SHIN-NY Policy Standards, and the RHIO Policies and Procedures, and for reporting the findings of such audits to the Audit Subcommittee of the RHIO or such other committee or subcommittee of the Board of Directors as may be established by the RHIO Policies and Procedures, with any findings of noncompliance to be reported to the full Board of Directors of the RHIO.