Auditing Procedures. 10.1 Upon thirty (30) days written notice, each Party must provide the other Party the ability and opportunity to conduct an annual audit to ensure the proper billing of traffic between the parties. The audit shall be accomplished during normal business hours. Audit requests shall not be submitted more frequently than one
Auditing Procedures. Upon thirty (30) days written notice, each party must provide the other the ability and opportunity to conduct an annual audit to ensure the proper billing of traffic between the parties. The parties will retain records of call detail for a minimum of nine months from which the PLU, the percent intermediary traffic, the percent interMTA traffic, and the PIU can be ascertained. The audit shall be accomplished during normal business hours at an office designated by the party being audited. Audit requests shall not be submitted more frequently than one
Auditing Procedures. 26.1 Upon sixty (60) days written notice, each Party must provide the other Party the ability and opportunity to conduct an annual audit to ensure the proper billing of traffic between the parties. The audit shall be accomplished during normal business hours. Audit requests shall not be submitted more frequently than one (1) time per calendar year.
Auditing Procedures. A. Upon thirty (30) days written notice, each party must provide the other the ability and opportunity to conduct an annual audit to ensure the proper billing of traffic between the parties. The parties agree to retain records of call detail for a minimum of nine months from which the PLU, the percent intermediary traffic, the percent interMTA traffic, and the PIU can be ascertained. The audit shall be accomplished during normal business hours at an office designated by the party being audited. Audit request shall not be submitted more frequently than one (1) time per calendar year. Audits shall be performed by a mutually acceptable independent auditor paid for by the party requesting the audit. The PLU shall be adjusted based upon the audit results and shall apply to the usage for the quarter the audit was completed, the usage for the quarter prior to the completion of the audit, and to the usage for the two quarters following the completion of the audit.
Auditing Procedures. Upon thirty (30) days written notice, each Party must provide the other the ability and opportunity to conduct an annual audit to ensure the proper billing of traffic between the Parties. The Parties will retain billing information for a minimum of nine months from which the actual percentages of use, as described in Section VII, can be ascertained. The audit shall be accomplished during normal business hours at an office designated by the Party being audited. Audit requests shall not be submitted more frequently than one (1) time per calendar year. Audits shall be performed by a mutually acceptable independent auditor paid for by the Party requesting the audit. The applicable percentages shall be adjusted based upon the audit results and shall apply to the usage for the quarter the audit was completed, the usage for the quarter prior to the completion of the audit, and to the usage for the two quarters following the completion of the audit.
Auditing Procedures. We shall maintain true and accurate accounting records, in accordance with sound accounting practices, to support the dial connect charges payable to us by you. We shall, upon 30 days' prior written request, during normal business hours, but not more frequently than once each calendar quarter, provide access to the connect hour accounting records associated only with the provision of the Service for the immediately preceding one- year period to an independent accounting firm chosen and compensated by you for the purposes of auditing the accuracy of the calculation of the dial connect charges. The accounting firm selected shall: be required to sign an agreement with us protecting our confidential information, perform such audit on our premises, and such other locations reasonably necessary to conduct a proper audit, comply with our security procedures, and be authorized by us to report only the results of such audit and provide us with a copy of the report. In the event that the audit shows you owe an amount to us, we will invoice you for such amount within the next two monthly billing cycles. In the event that the audit shows a credit due to you, we will process such credit including the cost of the audit (but such costs shall not exceed the credit), excluding travel and per diem charges, plus interest at the prime rate on the entire amount until paid in full within the next two monthly billing cycles, provided that we do not disagree with the audit report. If we disagree with the audit report, we may select an independent accounting firm, compensated by us, to perform an audit on the same information provided to the firm selected by you. We shall provide you a copy of the report commissioned by us. In the event that the audit reports disagree on the credit due to you, the credit due to you will be determined by averaging the results of the two audit reports.
Auditing Procedures. A. Within thirty (30) days of a party's receipt of a written request to audit, such party must provide a mutually acceptable independent auditor (the"Auditor") with access to such party's books and records so that the Auditor can perform an audit of the billing of traffic between the parties. The parties agree to retain records of call detail for a minimum of nine months from which the PLU can be ascertained. The audit shall be performed by the Auditor during normal business hours at an office designated by the party being audited. Audit requests shall not be submitted more frequently than once per calendar year. The PLU shall be adjusted based upon the audit results and shall apply to the usage for the quarter the audit was completed, the usage for the quarter prior to the completion of the audit, and to the usage following the completion of the audit until again revised pursuant to a subsequent audit. The party requesting the audit shall pay the cost of the audit, including the Auditor's fees, except that if, as a result of the audit, the party being audited is found to have overstated the PLU by twenty percentage points or more, that party shall reimburse the party requesting the audit for the cost of the audit, including the Auditor's fees.
Auditing Procedures. (a) During the Term, Cygne’s personnel and/or its agents and representatives, shall have the right to inspect Commerce’s records relating to this Agreement and the Services provided herein, and perform inventory audits with respect to the inventory held by Commerce on behalf of Cygne, upon at least ten (10) days prior written notice to Commerce, during regular business hours, and not more frequently than once per each of Cygne’s fiscal quarters. Commerce shall provide reasonable assistance and access to its facilities, personnel and materials for such purposes. Without limiting the foregoing, Cygne shall, at the end of each of the second and fourth quarters, take an accounting of the inventory held by Commerce on behalf of Cygne. Overages and shortages will be balanced to a net result at the end of each fiscal year of Cygne during the Term.
Auditing Procedures. 8.1 At the end of the second and fourth quarters, an accounting of the inventory held by Commerce may be taken by Innovo. Overages and shortages will be balanced to a net result at the end of each fiscal year.
Auditing Procedures. A. Upon thirty (30) days written notice, each party must provide the other the ability and opportunity to conduct an annual audit to ensure the proper billing of traffic between the parties. The parties agree to retain records of call detail for a minimum of nine months from which the PLU can be ascertained. The audit shall be accomplished during normal business hours at an office designated by the party being audited. Audit request shall not be submitted more frequently than one (1) time per calendar year. Audits shall be performed by a mutually acceptable independent auditory paid for by the party requesting the audit. The PLU shall be adjusted based upon the audit results and shall apply to the usage for the quarter the audit was completed, the usage for the quarter prior to the completion of the audit, and to the usage for the two quarters following the completion of the audit. If, as a result of an audit, either party is found to have overstated the PLU by twenty percentage points (20%) or more, that party shall reimburse the auditing party for the cost of the audit.
