Common use of Verification Procedure Clause in Contracts

Verification Procedure. ▇▇▇▇▇▇ agrees that for the purpose of verifying ▇▇▇▇▇▇’▇ sales and inventory records (the “▇▇▇▇▇▇ Records”) respecting ▇▇▇▇▇▇’▇ use of the SAK kegs, any employee of BRI shall be permitted, upon request and reasonable notice (which both parties agree to be 48 hours) by BRI: (a) to review all sales and inventory records of ▇▇▇▇▇▇ pertaining to the SAK kegs (the “▇▇▇▇▇▇ Records”); and (b) to access the facilities of ▇▇▇▇▇▇ to conduct a physical inventory review in respect of the SAK kegs (the “Inventory Review”). Where a ▇▇▇▇▇▇ has recorded an under-usage of the BRI keg float on the monthly reporting, ▇▇▇▇▇▇ must pay the amount owing plus interest charges, plus BRI may exercise its right to cancel this agreement effective immediately.