Common use of Fee Audits Clause in Contracts

Fee Audits. Genco shall provide, and shall cause its subcontractors to provide, to Streamline and its designees access to such financial records and supporting documentation as may be reasonably requested by Streamline. Upon reasonable notice from Streamline, Streamline may audit the Fees charged to Streamline to determine that such Fees are accurate and in accordance with this Agreement. If, as a result of such audit, Streamline determines that Genco has overcharged Streamline, Streamline shall notify Genco of the amount of such overcharge and Genco shall promptly pay to Streamline the amount of the overcharge, plus interest at the Interest Rate, calculated from the date of receipt by Genco of the overcharged amount until the date of payment to Streamline. In the event any such audit reveals an overcharge to Streamline during any audit period exceeding 5% of all amounts charged by Genco since the previous audit, Genco shall reimburse Streamline for the reasonable costs of such audit.