Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than or equal to 5%, the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
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Samples: Non Exclusive License Agreement (Redwoods Acquisition Corp.)
Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than or equal to 5%[***], then the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
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Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than or equal to 5[***]%, the costs [***] of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs [***] of any audit initiated by University.
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Costs of Audit. If Company’s payments calculated for any calendar quarter are under-under- reported by more than or equal to 5%[***], the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
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Costs of Audit. If Company’s payments calculated for any calendar quarter are under-reported by more than or equal to 5[***] percent ([***]%), the costs of any audit and review initiated by University will be borne by Company; otherwise, University shall bear the costs of any audit initiated by University.
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Samples: Stock Subscription Agreement (Aquinox Pharmaceuticals, Inc)