Common use of Tenant Audit Clause in Contracts

Tenant Audit. If Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. or 7.C. above, Tenant shall have the right, not later than twenty (20) days following receipt of such statement and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants selected by Tenant and subject to Landlord's reasonable right of approval. The Operating Expense Adjustment shall be appropriately adjusted on the basis of such audit: If such audit discloses a liability for a refund in excess of ten percent (10%) of Tenant's Proportionate Share of the Operating Expenses previously reported, the cost of such audit shall be borne by Landlord; otherwise the cost of such audit shall be paid by Tenant. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. within twenty (20) days after receipt of Landlord's statement provided pursuant to Paragraph 7.B. or 7.C., such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E.

Appears in 1 contract

Samples: Sublease Commencement Date Agreement (Ariba Inc)

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Tenant Audit. If Tenant shall have the right, at Tenant's expense and upon not less than five (5) days prior written notice to Landlord, to review at reasonable times, in Landlord's office, Landlord's books and records applicable to Tenant's Lease for purposes of verifying Landlord's calculation of the Basic Operating Cost and Basic Operating Cost Adjustment. In the event that Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. paragraph 7B or 7.C. 7C above, Tenant shall have the right, not later than twenty (20) days following the receipt of such statement and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants accountant selected by Tenant and subject to Landlord's Landlords' reasonable right of approval. The Basic Operating Expense Cost Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses disclosed a liability for a refund in excess of ten percent (10%) of Tenant's Proportionate Share of the Basic Operating Expenses Cost Adjustment previously reported, the cost of such audit shall be borne by Landlord; otherwise the cost of such audit shall be paid by Tenant. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. paragraph 7E within twenty (20) days after of receipt of Landlord's statement provided pursuant to Paragraph 7.B. or 7.C.paragraph 7B, 7C, such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E..

Appears in 1 contract

Samples: Extension Agreement (Concentric Network Corp)

Tenant Audit. If Tenant shall have the right, at Xxxxxx’s expense and upon not less than five (5) days prior written notice to Landlord, to review at reasonable times, in Landlord’s office, Xxxxxxxx’s books and records applicable to Tenant’s Lease for purposes of verifying Landlord’s calculation of the Basic Operating Cost and Basic Operating Cost Adjustment. In the event that Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. 7B or 7.C. 7C above, Tenant shall have the right, not later than twenty (20sixty ( 60) days following the receipt of such statement and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's Xxxxxxxx’s books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants selected by Tenant Xxxxxx and subject to Landlord's Xxxxxxxx’s reasonable right of approval. The Basic Operating Expense Cost Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses a liability for a refund in excess of ten six percent (10( 6%) of Tenant's ’s Proportionate Share of the Basic Operating Expenses Cost Adjustment previously reported, the cost of such audit shall be borne by Landlord; otherwise the cost of such audit shall be paid by TenantXxxxxx. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. paragraph 7E within twenty (20sixty ( 60) days after of receipt of Landlord's ’s statement provided pursuant to Paragraph 7.B. paragraph 7B or 7.C.7C, such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in shall have the above described right to look back up to five (5) years if an audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other determines a discrepancy of more than Tenant's auditors. Tenant shall not six percent (6%) in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E.one year.

Appears in 1 contract

Samples: Basic Lease Information (CymaBay Therapeutics, Inc.)

Tenant Audit. If Tenant shall have the right, at Xxxxxx's expense and upon not less than five (5) days prior written notice to Landlord, to review at reasonable times, in Landlord's office, Xxxxxxxx's books and records applicable to Tenant's Lease for purposes of verifying Xxxxxxxx's calculation of the Basic Operating Cost and Basic Operating Cost Adjustment. In the event that Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. paragraph 7B or 7.C. 7C above, Tenant shall have the right, not later than twenty (20) days following the receipt of such statement and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause LandlordXxxxxxxx's books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants selected by Tenant Xxxxxx and subject to LandlordXxxxxxxx's reasonable right of approval. The Basic Operating Expense Cost Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses a liability for a refund in excess of ten percent (10%) of Tenant's Proportionate Share of the Basic Operating Expenses Cost Adjustment previously reported, the cost of such audit shall be borne by Landlord; otherwise the cost of such audit shall be paid by TenantXxxxxx. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. paragraph 7E within twenty (20) days after of receipt of Landlord's statement provided pursuant to Paragraph 7.B. paragraph 7B or 7.C.7C, such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E..

Appears in 1 contract

Samples: Lease Agreement (Wireless Inc)

Tenant Audit. If Tenant shall have the right, at Tenant's expense and upon not less than forty-eight (48) hours prior written notice to Landlord to review at reasonable times Landlord's books and records for any fiscal year a portion of which falls within the Term for purposes of verifying Landlord's calculations of Basic Operating Cost and Basic Operating Cost Adjustments. In the event that Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. or 7.C. paragraph 29(c) above, Tenant shall have the right, right not later than twenty (20) days following the receipt of such statement statement, and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants selected by Tenant and subject to Landlord's reasonable right of approval. The Basic Operating Expense Cost Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses a liability for a refund or credit by Landlord to Tenant in excess of ten percent (10%) of Tenant's Proportionate Share of the Basic Operating Expenses Cost Adjustment previously reported, the cost of such audit shall be borne by Landlord; otherwise . Otherwise the cost of such audit shall be paid by Tenant. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. paragraph 29(e) within twenty (20) days after of receipt of Landlord's statement provided pursuant to Paragraph 7.B. or 7.C.paragraph 29(d), such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E.TAXES PAYABLE BY TENANT

Appears in 1 contract

Samples: Expansion Agreement (Extricity Inc)

Tenant Audit. If Tenant Tenant, shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. 7.B or 7.C. 7.C above, Tenant shall have the right, not later than twenty then thirty (2030) days following receipt of such statement and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's ’s books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants selected by Tenant and subject to Landlord's ’s reasonable right of approval. The Operating Expense Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses a liability for a refund in excess of ten percent (10%) of Tenant's ’s Proportionate Share of the Operating Expenses previously reported, the cost of such audit shall be borne by Landlord; otherwise the cost of such audit shall be paid by Tenant. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. 7.E within twenty thirty (2030) days after receipt of Landlord's ’s statement provided pursuant to Paragraph 7.B. 7.B or 7.C.7.C, such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity other than Tenant’s accountants and legal advisors which shall be used for sole purpose of advising Tenant only without Landlord's ’s prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's ’s books and records in connection with this Paragraph 7.E.

Appears in 1 contract

Samples: Agreement of Sublease (Primal Solutions Inc)

Tenant Audit. If Tenant shall have the right, at Tenant's expense and upon not less than forty-eight (48) hours prior written notice to Landlord to review at reasonable times Landlord's books and records for any calendar year a portion of which falls within the Term for purposes of verifying Landlord's calculation of Basic Operating cost and Basic Operating Cost Adjustment. In the event that Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. or 7.C. paragraph 2g(c) above, Tenant shall have the right, right not later than twenty (20) days following the receipt of such statement statement, and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's books and records with respect to Operating Expenses for such fiscal calendar year to be audited by certified public accountants selected by Tenant and subject to Landlord's reasonable right of approval. The Basic Operating Expense Cost Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses a liability for a refund or credit by Landlord to Tenant in excess of ten percent Percent (10%) of Tenant's Proportionate Share of the Basic Operating Expenses cost Adjustment previously reported, the cost of such audit shall be borne by Landlord; otherwise . Otherwise the cost of such audit shall be paid by Tenant. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. paragraph 29(e) within twenty (20) days after of receipt of Landlord's statement provided pursuant to Paragraph 7.B. or 7.C.paragraph 29(d), such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E..

Appears in 1 contract

Samples: Sublease Agreement (Visigenic Software Inc)

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Tenant Audit. If Tenant shall have the right, at Tenant's expense and upon not less than five (5) days prior written notice to Landlord, to review at reasonable times, in Landlord's office, Landlord's books and records applicable to Tenant's Lease for purposes of verifying Landlord's calculation of the Basic Operating Cost and Basic Operating Cost Adjustment. In the event that Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. or 7.C. above, Tenant shall have the right, not later than twenty (20) days following the receipt of such statement and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants selected by Tenant and subject to Landlord's reasonable right of approval. The Basic Operating Expense Cost Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses a liability for a refund in excess of ten percent (10%) of Tenant's Proportionate Share of the Basic Operating Expenses Cost Adjustment previously reported, the cost of such audit shall be borne by Landlord; otherwise otherwise, [the cost of such audit shall be paid by Tenant. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. within twenty (20) days after of receipt of Landlord's statement provided pursuant to Paragraph 7.B. or 7.C., such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E..

Appears in 1 contract

Samples: Intuit Inc

Tenant Audit. If Tenant shall have the right, at Tenant's expense and upon not less than five (5) days prior written notice to Landlord, to review at reasonable times, in Landlord's office, Landlord's books and records applicable to Tenant's Lease for purposes of verifying Landlord's calculation of the Basic Operating Cost and Basic Operating Cost Adjustment. In the event that Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. or 7.C. above, Tenant shall have the right, not later than twenty (20) days following the receipt of such statement and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants an accountant selected by Tenant and subject to Landlord's reasonable right of approval. The Basic Operating Expense Cost Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses a liability for a refund in excess of ten percent (10%) of Tenant's Proportionate Share of the Basic Operating Expenses Cost Adjustment previously reported, the cost of such audit shall be borne by Landlord; otherwise otherwise, the cost of such audit shall be paid by Tenant. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. within twenty forty-five (2045) days after of receipt of Landlord's statement provided pursuant to Paragraph 7.B. or 7.C., such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E..

Appears in 1 contract

Samples: Letter Agreement (Juniper Networks Inc)

Tenant Audit. If Tenant shall have the right, at Tenant's expense and upon not less than five (5) days prior written notice to Landlord, to review at reasonable times, in Landlord's office, Landlord's books and records applicable to Tenant's Lease for purposes of verifying Landlord's calculation of the Basic Operating Cost and Basic Operating Cost Adjustment. In the event that Tenant shall dispute the amount set forth in any statement provided by Landlord under Paragraph 7.B. or 7.C. 7.C, above, Tenant shall have the right, not later than twenty (20) days following the receipt of such statement and upon the condition that Tenant shall first deposit with Landlord the full amount in dispute, to cause Landlord's books and records with respect to Operating Expenses for such fiscal year to be audited by certified public accountants selected by Tenant and subject to Landlord's reasonable right of approval. The Basic Operating Expense Cost Adjustment shall be appropriately adjusted on the basis of such audit: . If such audit discloses a liability for a refund in excess of ten percent (10%) of Tenant's Proportionate Share of the Basic Operating Expenses Cost Adjustment previously reported, the cost of such audit shall be borne by Landlord; otherwise otherwise, the cost of such audit shall be paid by Tenant. If Tenant shall not request an audit in accordance with the provisions of this Paragraph 7.E. within twenty (20) days after receipt of Landlord's statement provided pursuant to Paragraph 7.B. or 7.C., such statement shall be final and binding for all purposes hereof. Tenant acknowledges and agrees that any information revealed in the above described audit may contain proprietary end sensitive information and that significant damage could result to Landlord if such information were disclosed to any party other than Tenant's auditors. Tenant shall not in any manner disclose, provide or make available any information revealed by the audit to any person or entity without Landlord's prior written consent, which consent may be withheld by Landlord in its sole and absolute discretion. The information disclosed by the audit will be used by Tenant solely for the purpose of evaluating Landlord's books and records in connection with this Paragraph 7.E..

Appears in 1 contract

Samples: Consent to Sublease Agreement (Cholestech Corporation)

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