Audit Performance. The Dealership will maintain satisfactory inventory and sold vehicle audit performance in all material respects. Unless waived by the Ally Parties, payment delays in excess of [***] (delays, meaning payment of principal on sold Vehicles outside of the Release Period, as a percentage of total releases) will result in an audit fee of [***] per location per audit.
Appears in 1 contract
Sources: Inventory Financing and Security Agreement (Shift Technologies, Inc.)
Audit Performance. The Dealership will maintain satisfactory inventory and sold vehicle audit performance in all material respectsperformance. Unless waived by the Ally Parties, payment delays in excess of [***] ]% (delays, meaning payment of principal on sold Vehicles outside of the Release Period, as a percentage of total releases) will result in an audit fee of $[***] per location per audit.
Appears in 1 contract
Sources: Inventory Financing and Security Agreement (Vroom, Inc.)