Common use of Audit Response Clause in Contracts

Audit Response. Service Provider must respond in writing to any claim by Customer of a discrepancy identified through an audit within thirty (30) days after receipt of such claim from Customer. If Service Provider agrees with such claim of Customer, the calculation of any resulting adjustment must accompany Service Provider’s response to such claim, and such adjustment must be made within thirty (30) days from the end of such thirty (30) day response period. If Service Provider disagrees with such claim by Customer, the parties agree that they will promptly, and no later than thirty (30) days from the end of such thirty(30) day response period, discuss and work in good faith to resolve the claim.

Appears in 2 contracts

Sources: Asset Transfer Agreement, Asset Transfer Agreement (GlyEco, Inc.)