Reconciliation of Reports Sample Clauses
The Reconciliation of Reports clause establishes a process for comparing and verifying the accuracy of reports exchanged between parties, typically regarding financial transactions, usage data, or performance metrics. In practice, this clause outlines the timeframe and method for each party to review, identify discrepancies, and resolve any differences in the reported information, often requiring supporting documentation or joint review sessions. Its core function is to ensure both parties maintain accurate records and to prevent or quickly address errors, thereby reducing the risk of disputes and fostering trust in ongoing business relationships.
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Reconciliation of Reports. Beginning with the first month post the First Sales Booking, Prometheus MA will provide to AZLP tabulated monthly listings of all AEs reported to Prometheus. Such tabulated monthly listings will be used to reconcile the exchange of safety information between Prometheus MA and AZLP DS. Both Prometheus' assigned case numbers and AZLP DS case identification numbers will be used to cross-reference reports received. AZLP DS will review such listings within [***] of receipt and notify Prometheus MA, via phone of any omissions, inconsistencies, or deviations. For each noted incident of omission, inconsistency, or deviation, AZLP DS will provide to Prometheus MA a Deviation Notification Form to be completed by Prometheus MA, documenting the reason(s) and actions taken regarding the noted deviated event. (See Attachment #2)
Reconciliation of Reports. Quarterly, not later than thirty (30) days after the end of each calendar quarter, each party shall provide the other with a listing of all ICSRs exchanged and other potential safety related issues that were sent/received and entered into the global safety database, to enable each party to reconcile all reports received from the other party during the preceding calendar quarter, and to confirm that the safety data exchange process is functioning properly. Where discrepancies between the parties safety data are identified, each party agrees to inform the other party, to take reasonable steps to reconcile the data, and to take all reasonable actions to prevent reoccurrence. If the number of ICSRs reported to Novartis monthly exceeds 100 cases, reconciliation frequency will be carried out monthly (thirty days after the end of the calendar month).