Common use of License Compliance Clause in Contracts

License Compliance. Company may audit Customer compliance with the software license terms. Upon reasonable notice, Company may conduct an audit during normal business hours (with the auditor’s costs being at Company’s expense). If an audit reveals underpayments then Customer will pay to Company such underpayments. If underpayments discovered exceed five

License Compliance. Company may audit Customer compliance with the software license terms. Upon reasonable notice, Company may conduct an audit during normal business hours (with the auditor’s costs being at Company’s expense). If an audit reveals underpayments then Customer will pay to Company such underpayments. If underpayments discovered exceed fivefive (5) percent of the contract price, Customer will reimburse Company for the auditor costs.