True-Up Reports Clause Samples
True-Up Reports. Upon request by ▇▇▇▇▇, MSP shall issue an accurate and up-to-date record of each MSP End Customer to Tines on a twice annual basis occurring approximately every six (6) months (or on a different time period as set forth in the Order Form), that contains all relevant information, including but not limited to (i) the full corporate entity name and address of MSP End Customer, (ii) term of license, and (iii) the quantity of the Paid Offering products required (“True-Up Report”). If a True-Up Report indicates that the number of MSP End Customers exceeds those purchased as set forth on the Order Form, then MSP shall promptly remit payment of the additional Fees set forth on the Order Form payable with respect to such excess MSP End Customers.
True-Up Reports. The Parties shall record their costs and revenues associated with the performance of this Agreement at the same level of line-item detail as is used for their budgets that are submitted to NERC for approval by NERC and by the Commission. Each Party shall include in its annual true-up report submitted to NERC a separate section showing the Party’s actual and budgeted amounts of costs and revenues associated with performance of this Agreement for the year with explanations of variances.