SAS-70 Reporting Sample Clauses
SAS-70 Reporting. Landlord agrees to reasonably cooperate with Tenant, at no cost to Tenant, in regards to Tenant’s conduct of any audit of (a) Tenant’s operations in the Tenant Space and/or (b) the maintenance and operation of the Building, performed in accordance Statement on Auditing Standards Number 70, as promulgated by the American Institute of Certified Public Accountants (a “SAS 70 Audit”), or similar regulations, including by providing reasonable access to Landlord’s records with respect to the maintenance and operation of the Building. Additionally, in the event that Landlord causes a SAS 70 Audit to be performed with regard to (a) or (b), above, during the Term of the Lease, Landlord agrees to provide Tenant (within thirty (30) days after Landlord’s receipt of same) a copy of the final report that Landlord receives as a result of each such SAS 70 Audit, except that Landlord shall be permitted to redact from each such report any information that relates to (i) any premises in the Building other than the Premises; and/or (ii) any tenant in the Building other than Tenant.
SAS-70 Reporting. Landlord agrees to reasonably cooperate with Tenant, at no cost to Tenant, in regards to Tenant’s conduct of any audit of (a) Tenant’s operations in the Tenant Space and/or (b) the maintenance and operation of the Building, performed in accordance Statement on Auditing Standards Number 70, as promulgated by the American Institute of Certified Public Accountants (a “SAS 70 Audit”), or similar regulations, including by providing reasonable access to Landlord’s records with respect to the maintenance and operation of the Building. Additionally, in the event that Landlord causes a SAS 70 Audit to be performed with regard to (a) or (b), above, during the Term of the Lease, Landlord agrees to provide Tenant (within thirty (30) days after Landlord’s receipt of same) a copy of the final report that Landlord receives as a result of each such SAS 70 Audit, except that Landlord shall be permitted to redact from each such report any information that relates to (i) any premises in the Building other than the Premises; and/or (ii) any tenant in the Building other than Tenant. Upon request, but no more than one time per calendar year, in the event Landlord completes a SAS 70 Audit as described above, Tenant may request that Landlord provide a letter (in a form reasonably acceptable to Landlord) addressed to Tenant that provides assurances as to whether there have been any changes in the internal control environment since the date of the last SAS 70 Audit
SAS-70 Reporting. If Customer requests a SAS 70 Type II audit report that addresses SCS’s internal controls related to Services, SCS will work with Customer to provide a report that complies with Statement of Auditing Standards 70. Customer acknowledges that any such SAS 70 report provided to Customer will contain Confidential Information of SCS, and Customer agrees to treat any SAS 70 report provided to Customer by SCS as Confidential Information of SCS in accordance with the terms of this Agreement. Customer will be responsible for payment of all costs related to providing the requested report, not to exceed $7,500 (U.S.) per report, unless the service that SCS provides to Customer involves a unique operating system or is a highly customized operation, in which case the Parties will mutually agree on the cost, in writing, prior to SCS initiating preparation of any requested SAS 70 report. Customer agrees that the SAS 70 report process will be conducted by SCS through an external auditor. SCS will be responsible to remediate any exceptions to the extent that they arise from SCS’s failure to comply with its contractual requirements, however, SCS does not provide any assurance that any SAS 70 report requested by Customer will be unqualified during any reporting period. To initiate the preparation of a SAS 70 report, Customer must make a written request 180 days prior to the requested SAS 70 report date. SCS will prepare no more than one report in any twelve (12) month period.
SAS-70 Reporting. If Customer requests a SAS 70 Type II audit report that addresses SCS’s internal controls related to Services, SCS and Customer will agree on a scope of work and the Fees in writing for SCS to perform such audit, prior to SCS’s initiation of any such work. Customer acknowledges that any such SAS 70 report provided to Customer ▇▇▇▇ contain Confidential Information of SCS, and Customer shall treat any SAS 70 report provided to Customer by SCS as Confidential Information of SCS in accordance with the terms of this Agreement. Customer agrees that SCS may conduct the SAS 70 report process through an external auditor provided that the identification of such auditor and the audit procedures are reasonably acceptable to Customer and its auditor. SCS shall remediate any material control deficiencies or exceptions noted in the audit report, including the adoption of new or compensating internal controls. However, SCS does not provide any assurance that any SAS 70 report requested by Customer will be unqualified during any reporting period. To initiate discussions for the preparation of a SAS 70 report, Customer must make a written request 180 days prior to the requested SAS 70 report date. SCS will prepare no more than one report in any twelve (12) month period.