Audited Party definition

Audited Party means the Party being audited by the Auditing Party.

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Audited Party shall have the meaning set forth in Section 5.3(b).

Audited Party has the meaning set forth in Section 8.11.

Examples of Audited Party in a sentence

The Auditing Party shall pay the full cost of the audit unless the underpayment of amounts due by Cue (or overcharging of amounts by Ascendant with respect to Supply Price) is greater than [**] of the amount due for the entire period being examined, in which case the Audited Party shall pay the reasonable cost charged by the Auditor for such review.
In the event such audit reveals an underpayment by Cue (or undercharging of amounts by Ascendant with respect to Supply Price), the Audited Party shall, within [**] after receipt of such report from the Auditor, pay the amount of the discrepancy.
In the event that such audit reveals an overpayment by the Audited Party, the Audited Party shall have the option to (a) have the Auditing Party reimburse the Audited Party for such excess payments or (b) credit the discrepancy against any future payments owed by the Audited Party under this Agreement (or, with respect to overpayment of Supply Price, under the Supply Agreement).

Audited Party shall have the meaning set forth in Section 8.2(a).

Audited Party has the meaning set forth in Section 10.12.3.

Audited Party has the meaning set forth in Section 3.9 (Records and Audits).

Audited Party is defined in Section 4.03(a)(ii).

Audited Party shall have the meaning assigned to such term in Section 7.5.

Audited Party has the meaning assigned to such term in Section 5.2(1)(ii).

Audited Party shall have the meaning set forth in Section 10.6(b).