Common use of Payment Audits Clause in Contracts

Payment Audits. (a) Upon [***] days’ prior written notice, Client may audit any Third Party invoices subsequently invoiced to Client pertaining to Patheon’s provision of Equipment, Materials, ▇▇▇▇ Back Items and Additional Services hereunder; provided, however, that Client will not be entitled to more than one audit during any [***] month period. Such audits will be conducted during normal business hours, without undue disruption to Patheon’s business, and may be conducted by Client, or by an independent public accounting firm designated by Client who is bound by confidentiality obligations at least as stringent as those set forth in the Confidentiality Agreement. Client will bear the full cost of the performance of any such audit. (b) If, as a result of any audit of the Third Party invoices, it is shown that the payments or credits from one Party to the other under this Agreement with respect to the period of time audited were less than or more than the amount that should have been paid or credited, then the Parties will reconcile the amounts owed by each Party to the other.

Payment Audits. (a) Upon [***] days’ prior written notice, Client may audit any Third Party invoices subsequently invoiced to Client pertaining to Patheon’s provision of Equipment, Materials, ▇▇▇▇ Back Items and Additional Services hereunder; provided, however, that Services. But Client will not be entitled to more than one audit during any [***] audit during any 12 month period. Such These audits will be conducted during normal business hours, without undue disruption to Patheon’s business, and may be conducted by Client, or by an independent public accounting firm designated by Client who is bound by confidentiality obligations at least as stringent as those set forth in the Confidentiality Agreement. Client will bear the full cost of the performance of any such the audit. (b) If, as a result of any audit of the Third Party invoices, it is shown that the payments or credits from one Party to the other under this Agreement with respect to for the period of time audited were less than or more than the amount that should have been paid or credited, then the Parties will reconcile the amounts owed by each Party to the other.