Common use of Verification Process Clause in Contracts

Verification Process. LICENSEE agrees to create, retain, and provide to BPD and its auditors accurate written records, system tool outputs, and other system information sufficient to provide auditable verification that LICENSEE's use of all Programs is in compliance with these terms (and the additional terms of the DoL), including, without limitation, all of BPD's and BPD Suppliers’ applicable licensing and pricing qualification terms. LICENSEE is responsible for 1) ensuring that it does not exceed its Authorised Use, and 2) remaining in compliance with these terms. Upon reasonable notice, BPD may verify LICENSEE's compliance with these terms at all sites and for all environments in which LICENSEE uses (for any purpose) Programs subject to them. Such verification will be conducted in a manner that minimizes disruption to LICENSEE's business, and may be conducted on LICENSEE's premises, during normal business hours. BPD may use an independent auditor to assist with such verification, provided BPD has a written confidentiality agreement in place with such auditor.

Appears in 3 contracts

Sources: Service Level Agreement, Service Level Agreement, Service Level Agreement