Data Audit Sample Clauses

A Data Audit clause establishes the right for one party to review and assess the other party’s data handling practices and compliance with relevant data protection requirements. Typically, this clause outlines the scope, frequency, and procedures for conducting audits, such as advance notice requirements, access to records, and limitations to protect confidentiality. Its core practical function is to ensure transparency and accountability in data processing, helping to verify compliance and mitigate risks related to data breaches or regulatory violations.
POPULAR SAMPLE Copied 2 times
Data Audit. Promptly following the submission of each Regulatory Filing, and any amendments or supplements thereto, the Party making such submission shall provide a full and complete copy of such filing to the other Party for purposes of determining whether the submitting Party has made Material Use of the other Party’s Shared Clinical Trial Data without having paid in full its applicable Shared Clinical Trial Cost Sharing Percentage associated with such Shared Clinical Trial Data. In the event that a Party made Material Use of the other Party’s Shared Clinical Trial Data in such submission and therefore was able to [***] [***] [***] [***] [***] [***] [***] in the respective territory, the submitting Party shall pay the shortfall of its applicable Shared Clinical Trial Cost Sharing Percentage or the amount needed to match its applicable Shared Clinical Trial Cost Sharing Percentage, as the case may be, to the other Party upon written request and as invoiced by the other Party.
Data Audit. Promptly following the submission of each Regulatory Filing, and any amendments or supplements thereto, the Party making such submission shall provide a full and complete copy of such filing to the other Party for purposes of determining whether the submitting Party has Materially Used the other Party’s Shared Clinical Trial Data without having paid its applicable Shared Clinical Trial Cost Sharing Percentage associated with such Shared Clinical Trial Data. In the event that a Party Materially Used the other Party’s Shared Clinical Trial Data in such submission, the submitting Party shall immediately pay its applicable Shared Clinical Trial Cost Sharing Percentage to the other Party upon written request by the other Party.
Data Audit. The data audit, an important component of a total system audit, is a critical evaluation of the measurement, processing, and evaluation steps to determine if systematic errors have been introduced. During the data audit, the task quality assurance officer, or a designee, will randomly select approximately 10 percent of the data to be followed through the analysis and processing of the data. The scope of the data audit is to verify that the data-handling system is correct and to assess the quality of the data generated. The data audit, as part of the system audit, is not an evaluation of the reliability of the data presentation. The review of the data presentation is the responsibility of the project leader and the peer reviewer.
Data Audit. (a) Licensor shall on reasonable notice make the User Data and related data, documentation or records maintained on behalf of User available for inspection by User or User's auditors. (b) User may be required to pay Licensor an additional charge in respect of these services .
Data Audit