Reporting and Audit Sample Clauses

Reporting and Audit. Reports. Ordering Activity agrees to prepare and submit monthly reports to the Authorized CA Partner and CA that shall include, without limitation, information detailing the use of SaaS pursuant to the license metrics applicable to SaaS (“Report”). Ordering Activity shall submit each Report to the Authorized CA Partner and CA on the fifteenth day of each calendar month. Overage. If the Report shows the Ordering Activity has exceeded the Authorized Use Limitation at any time during a month, such Report shall constitute a basis for a claim to the relevant Contracting Officer pursuant to the Contract Disputes Act and FAR 52.233-1. In no event may the SaaS quantity be lowered below the original number ordered.

Reporting and Audit. In addition to good practice record-keeping obligations, you agree to report the use of the Software and relating billing metrics in the DRM or otherwise as agreed. You grant to Barco and its designated auditors, at Barco’s expenses, the right to verify your deployment and use of the Software during your normal business hours so as to verify your compliance with the License Agreement. In the event such audit reveals non-compliance with your payment obligations hereunder, you shall promptly pay to Barco the appropriate license fees plus the reasonable cost of conducting the audit.

Reporting and Audit. 6.1 Throughout the term of this agreement, the Executive Committee shall prepare, or cause to be prepared, and shall provide to the Partnership and Heartsoft, a quarterly report (the "Quarterly Report") setting out: (a) a summary of the status of the Joint Venture and the activities carried out during the quarter; (b) a description of any significant new business developments or changes in the status of the Joint Venture or of Heartsoft during the quarter; and (c) a brief summary of the financial statements prepared for the quarter. 6.2 Each Quarterly Report shall be provided to the Partnership within 30 days of the end of the quarter in respect of which the report is prepared, and the last Quarterly Report for each calendar year shall be accompanied by any payment due to the Partnership from the Joint Venture for the preceding year pursuant to this agreement. 6.3 Throughout the term of this agreement, and within 30 days of the end of each quarter, the Executive Committee shall prepare and provide to the Partnership and to Heartsoft unaudited quarterly financial statements, prepared in accordance with generally accepted accounting principles. 6.4 Throughout the term of this agreement, and within 90 days of the end of each fiscal year of the Joint Venture, the Executive Committee provide to the Partnership and to Heartsoft audited financial statements, prepared by the Auditors in accordance with generally accepted accounting principles. 6.5 Once per year, and upon written request, either or both of the Partnership and Heartsoft shall be entitled, at their own expense, to audit the books and records of the Joint Venture. In the event that such an audit reveals material irregularities in the books, records or audited financial statements of the Joint Venture, the party responsible for conducting such audit shall be reimbursed by Heartsoft for the cost of such audit.

Reporting and Audit. 13.1 The parties acknowledge and accept that, due to the nature of the Software and Third Party Services provided, a mutual audit right is required for each party (the “Auditing Party”) to be able to verify and monitor the other party’s compliance with its material obligations under this Agreement (the “Audited Party”). The following provisions of this clause 13 are to give effect to that requirement. 13.2 The Licensee shall maintain complete and accurate documents and records relating to its use of the Software and Third Party Services, including records of the number of Authenticated Users and the number of Transactions, during the term of this Agreement and for a period of at least one (1) year after the termination or expiry of this Agreement and shall make available the same to Proven Works on request. 13.3 Proven Works may create a data feed from the Software which will permit Proven Works to verify the number of Authenticated Users, Transactions and corresponding fees payable. The Licensee shall not interfere with, disable or prevent accurate data capture by the data feed nor seek to do so. For the avoidance of doubt, the data so obtained shall be the Licensee’s Confidential Information. 13.4 Proven Works and the Third Party Providers reserve the right to audit the Licensee in relation to the use of the Software and Third Party Services to check compliance with the terms of the Agreement, in particular any usage allowances set out in the Appexchange Order. The Licensee shall grant access to its Orgs and any other production or test environments in the course of such an audit. In the event that such audit reveals that the Licensee has exceeded the scope of the usage allowed, Proven Works or the Third Party Provider shall be entitled recover the full cost of the audit and to seek compensation from the Licensee for under-licensing in accordance with clause 13.5. 13.5 If, as a result of compliance with clause 13.4, the parties discover that the Licensee has exceeded the usage allowance, the parties agree that Proven Works shall be entitled to invoice the Licensee for such over usage in accordance with the original fees set out in the Appexchange Order. Proven Works shall be entitled to backdate payments to the point at which the over usage occurred. The Licensee shall pay Proven Work’s invoice for over usage within 21 days of the date of the invoice. 13.6 Upon receipt of the Auditing Party’s reasonable request, the Audited Party shall provide the Auditi...

Reporting and Audit. In addition to good practice record-keeping obligations, Customer agrees to report the use of the Services if and as required in the User Manual. Customer grants to Barco and its designated auditors, at Barco’s expenses, the right to verify Customer’s deployment and use of the Services during Customer’s normal business hours so as to verify Customer’s compliance with this Agreement. In the event such audit reveals non-compliance with Customer’s payment obligations hereunder, Customer shall promptly pay to Barco or Intermediary the appropriate subscription fees plus the reasonable cost of conducting the audit.

Reporting and Audit. Company will provide with each Sales Fee Payment a report setting forth the Gross Revenue and Net Revenue from the Client eStore for the applicable payment period. All such reports shall be reasonably detailed, setting out the computation or calculation used to determine the aggregate fee payable under Section 4.1 above. Client is entitled, on thirty (30) days prior written notice to Company and not more than once per any twelve (12) month period, to attend (or appoint an independent accountant to attend) Company's premises and inspect such of Company's records as may be reasonably necessary to verify the information contained in any report delivered by Company to Client under this Agreement. Company must CloudWebStore, LLC Master Service Agreement (10.32013) permit any such inspection at any time during the term of this Agreement and for six (6) months thereafter. If an inspection under this section correctly reveals that the total amount payable to Client is a sum greater than the amount specified in the relevant reports, then Company will pay to Client the difference within ten (10) days of demand in writing by Client, which demand will be accompanied by a copy of the inspection report. If the amount payable to Client under this section exceeds the amount specified in any report or reports by 10% or more, then Company will also pay the reasonable and necessary out-of-pocket costs and expenses actually incurred by Client for that inspection.

Reporting and Audit. 6.1 Information Access 6.2 Books and Records; Audit Rights

Reporting and Audit. 8.1 Volume and mass reconciliations shall be prepared by Owner and provided to Customer on a Monthly basis, including such supporting documentation as Customer may reasonably request. 8.2 Either party hereto, upon notice in writing to the other party hereto, shall have the right at normal business hours to audit the accounts and records relating to accounting or billing practices under the provisions of this Agreement for any calendar year during the 24-Month period following the end of such calendar year; provided, however, that the auditing party must take written exception to and make claim upon the other party hereto for all discrepancies disclosed by such audit within such 24-Month period. Such audit shall be conducted by the auditing party’s representative or auditor at the auditing party’s expense. Any volume statements, payments, reconciliations or other related documents shall be final as to all of the parties hereto unless disputed in writing within the 24-Month period following the end of the calendar year in which payment has been made thereon.

Reporting and Audit. 22.1 The ESFA shall specify its requirements as to the information to be contained in the College’s financial statements and how they should be reported in accordance with best practice in the further education sector. 22.2 The College shall appoint an audit committee and arrange to provide for financial statements audit, including regularity audit, in accordance with the post-16 audit code of practice and any best practice guidance drawn up and published by the ESFA in consultation with colleges. Any mandatory requirements under the post-16 audit code of practice shall be a condition of funding under this Financial Memorandum. 22.3 The College shall provide the ESFA with copies of its audited financial statements within 5 months of the College’s year end and publish a copy on its website. As a charity, the College is expected to make its financial statements available to members of the public on request. 22.4 The College shall demonstrate that any payments made in respect of the termination of employment are regular secure value for money and have not been made where disciplinary action would have been justified. All such payments shall be brought to the attention of the College’s financial statements auditors. 22.5 The College must ensure that it has an effective policy of risk management. 22.6 The College shall notify the ESFA immediately where it becomes aware of any instance of suspected fraud or financial irregularity in the delivery of the Provision including but not limited to fraud involving subcontractors. The College shall investigate and report to the ESFA all significant cases of internal and external fraud or suspected fraud or irregularity (as defined in the post-16 audit code of practice). The ESFA reserves the right to review the College’s fraud investigation files.