Research Audit Sample Clauses
Research Audit. MORPHOSYS shall maintain complete and accurate records tracking the number of FTEs carrying out the Research Collaboration. During the Research Term and for one year thereafter, upon CENTOCOR’s reasonable request, MORPHOSYS shall make such records available no more than twice a year during normal business hours for examination at CENTOCOR’s expense for the sole purpose of verifying for CENTOCOR whether or not MORPHOSYS is using the required number of FTEs to carry out the Research Collaboration as specified in the Research Plan.
Research Audit. 19 ARTICLE III - PRODUCT DEVELOPMENT
Research Audit. NeoRx will maintain complete and accurate records relevant to its expenditure of Development funding provided to it by ▇▇▇▇▇▇▇ pursuant to Paragraphs 2.2 and 2.
Research Audit. 3DP shall maintain complete and accurate records tracking the number of FTEs carrying out the Research Program. During the Research Term and for one year thereafter, upon ▇▇▇▇▇▇▇'▇ reasonable request, 3DP shall make such records available no more than twice a year during normal business hours for examination at ▇▇▇▇▇▇▇ 's expense for the sole purpose of verifying for ▇▇▇▇▇▇▇ whether or not 3DP is using the average required number of FTEs to carry out the Research Program as specified in the Research Plan. Should it be determined that 3DP has used fewer than the required FTEs during any period of the Research Term, ▇▇▇▇▇▇▇ shall receive a credit for the lost FTE time against any future payments owed to 3DP (or if the Parties mutually agree, the lost FTE time will be made up in subsequent quarters); or if no future payments will be owed by ▇▇▇▇▇▇▇ to 3DP, a payment shall be made by 3DP to ▇▇▇▇▇▇▇ for the lost FTE time.
Research Audit. 14 2.8 Capital Expenditures .............................................................. 14 III.
Research Audit. 3DP shall maintain complete and accurate records tracking the number of FTEs carrying out the Research Program. During the Research Term and for one year thereafter, upon Centocor's reasonable request, 3DP shall make such records available no more than twice a year during normal business hours for examination at Centocor's expense for the sole purpose of verifying for Centocor whether or not 3DP is using the required number of FTEs to carry out the Research Program as specified in the Research Plan. Should it be determined that 3DP has used fewer than the required FTEs during any period of the Research Term, Centocor shall receive a credit for the lost FTE time against any future payments owed to 3DP (or if the Parties mutually agree, the lost FTE time will be made up in subsequent quarters) or if no future payments will be owed, a payment by 3DP to Centocor for the lost FTE time.