Common use of Audit Dispute Clause in Contracts

Audit Dispute. In the event of a dispute with respect to any audit under Section 6.9.1, UroGen and Allergan shall work in good faith to resolve the dispute. If the Parties are unable to reach a mutually acceptable resolution of any such dispute within [*] days, the dispute shall be submitted for resolution to a certified public accounting firm jointly selected by each Party’s certified public accountants or to such other Person as the Parties shall mutually agree (the “Auditor”). The decision of the Auditor shall be final and the costs of such arbitration as well as the initial audit shall be borne between the Parties in such manner as the Auditor shall determine. Not later than [*] days after such decision and in accordance with such decision, Allergan shall pay the additional amounts, or UroGen shall reimburse the excess payments, as applicable.

Appears in 2 contracts

Samples: License Agreement (UroGen Pharma Ltd.), License Agreement (UroGen Pharma Ltd.)

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Audit Dispute. In the event of a dispute with respect to any audit under Section 6.9.19.5, UroGen Silence and Allergan Mallinckrodt shall work in good faith to promptly resolve the disputedisagreement. If the Parties are unable to reach a mutually acceptable resolution of any such dispute within [***] days, the dispute shall be submitted for resolution to a certified public an independent Third Party accounting firm jointly selected by each Party’s certified public accountants the Parties or to such other Person as the Parties shall mutually agree (the “Auditor”). The decision of the Auditor shall be final and the costs of such arbitration as well as the initial audit shall be borne between the Parties in such manner as the Auditor shall determine. Not later than [***] days after such decision and in accordance with such decision, Allergan the audited Party shall pay the additional amounts, or UroGen the auditing Party shall reimburse the excess payments, as applicable.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Silence Therapeutics PLC), License and Collaboration Agreement (Silence Therapeutics PLC)

Audit Dispute. In the event of a dispute with respect to any audit under Section 6.9.18.12, UroGen REGENX and Allergan PARTNER shall work in good faith to resolve the disputedisagreement. If the Parties are unable to reach a mutually acceptable resolution of any such dispute within [*] days***], the dispute shall be submitted for resolution to a certified public accounting firm jointly selected by each Party’s certified public accountants or to such other Person as the Parties shall mutually agree (the “Auditor”). The decision of the Auditor shall be final and the costs of such arbitration as well as the initial audit shall be borne between the Parties in such manner as the Auditor shall determine. Not later than [****] days after such decision and in accordance with such decision, Allergan the audited Party shall pay the additional amounts, with interest from the date originally due as provided in Section 8.10, or UroGen the auditing Party shall reimburse the excess payments, as applicable.

Appears in 1 contract

Samples: Collaboration and License Agreement (REGENXBIO Inc.)

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Audit Dispute. In the event of a dispute with respect to any audit under Section 6.9.16.9 (Audit), UroGen Xxxxxxx and Allergan Licensee shall work in good faith to resolve the disputedisagreement. If the Parties are unable to reach a mutually acceptable resolution of any such dispute within [***] days, the dispute shall be submitted for resolution to a certified public accounting firm jointly selected by each Party’s certified public accountants Party or to such other Person as the Parties shall mutually agree (the “Auditor”). The decision of the Auditor shall be final and the costs of such arbitration as well as the initial audit shall be borne between the Parties in such manner as the Auditor shall determine. Not later than [***] days after such decision and in accordance with such decision, Allergan the owing Party shall pay the additional amounts, or UroGen shall reimburse the excess payments, amounts as applicableprovided in Section 6.9 (Audit).

Appears in 1 contract

Samples: Research and License Agreement (Akebia Therapeutics, Inc.)

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