AIN Database - Technical Feasibility Testing Clause Samples

AIN Database - Technical Feasibility Testing. If the Parties engage in one-on-one cooperative testing, reasonable and necessary costs of carrying out the agreed-to test plans shall be tracked and documented by each of the Parties for the purpose of identifying the total costs incurred by the two parties. The Parties shall split the total cost on an equal basis, each paying 50%. Each Party shall submit final cost data to the other every 60 days during testing and within 60 days after completion of the test. The owing Party shall pay within 30 days after receipt of the final cost data; however, if the total difference in costs incurred by each of the Parties is less than $10,000 no payment shall be due. If AIN testing is performed at an industry level, each Party shall bear its own cost of technical feasibility testing for access to AIN triggers.