Common use of Special Audits Clause in Contracts

Special Audits. Notwithstanding any other provision of this Agreement, E-Pub shall not be required to undergo or pay for any special audit to effect a Demand Registration, and if such a special audit (other than its normal fiscal year-end audits) would be required in order to file or effect a registration statement hereunder, E-Pub shall be entitled to delay the filing or effectiveness of such registration statement until a reasonable period of time following completion of such audit in the ordinary course of E-Pub's business; provided, however, that E-Pub shall not be entitled to delay the filing or effectiveness of such registration statement if the Holders who have requested registration of Registrable Securities shall agree to pay for the cost of such audit.

Appears in 2 contracts

Sources: Internet Game Development Agreement (Uproar Inc), Internet Game Development Agreement (Uproar Inc)