Buyer Audit definition

Buyer Audit means any audit or other judicial or administrative proceeding of Buyer, any of its Subsidiaries, or of any consolidated group of which Buyer is a member, brought by a Taxing Authority.

Buyer Audit has the meaning set forth in Section 7.8(e)(ii).

Examples of Buyer Audit in a sentence

• Buyer Audit and Surveillance Program Requirements:Buyer reserves the right to conduct periodic audits of Supplier’s Counterfeit Prevention Plan/processes and associated records.

• Supplier shall ensure all occurrences where it has acquired and/or provided suspect counterfeit parts/material are reported as appropriate to customers and GIDEP Buyer Audit and Surveillance Program Requirements:A.

• Further, the Buyer shall promptly notify RTEA in writing of and keep RTEA reasonably informed with respect to the portion of any Buyer Audit the outcome of which is reasonably expected to affect RTEA's rights and obligations under this Agreement, and shall provide RTEA reasonable opportunity to provide information and other input to Buyer, its Subsidiaries, any consolidated group of which Buyer is a member, and their respective advisors concerning the conduct of any such portion of such Buyer Audit.

• RTEA shall have the right to attend in person or by telephone (but not participate in) any Buyer Audit the outcome of which could reasonably be expected to affect the amount of net payments that RTEA is expected to receive under this Agreement by $10 million.

• If the Audit results in a Cash Flow Amount that is at least $1,700,000 and Buyer disagrees with such result, then Buyer may have an audit of the Cash Flow Amount conducted by an accounting firm of its choice (the "Buyer Audit") promptly after the results of the Audit are provided to Buyer, provided that the Buyer Audit shall be ordered no later than ten business days after the results of the Audit are provided to Buyer.

• Further, the Buyer shall promptly notify RTEA in writing of and keep RTEA reasonably informed with respect to the portion of any Buyer Audit the outcome of which is reasonably expected to affect RTEA’s rights and obligations under this Agreement, and shall provide RTEA reasonable opportunity to provide information and other input to Buyer, its Subsidiaries, any consolidated group of which Buyer is a member, and their respective advisors concerning the conduct of any such portion of such Buyer Audit.

• The report sets out, for Members consideration, the process and timescales for producing the new Local Plan (including the Local Development Scheme and draft Statement of Community Involvement), highlighting the associated challenges and risks.

• The Cash Flow Amount determined pursuant to Section ---------------- 1.4(e) shall be at least $1,700,000 and the Buyer Audit, if any, shall have been completed.

• Since the Buyer Audit Date, other than in connection with the transactions contemplated hereby, Buyer and the Buyer Subsidiaries have conducted their respective businesses only in the Ordinary Course, and Buyer has not experienced any event or condition, and, to the Knowledge of Buyer, no event or condition is threatened, that has had or is reasonably likely to have, a Buyer Material Adverse Effect.

• ARTICLE 8 GENERAL PROVISIONS 8.1 Buyer Audit Rights.In addition to any audit rights provided under the EEI Agreement, Seller shall, during the Term as may be requested by Buyer, provide documentation (which may include, for example, meter data as recorded by a ) sufficient to demonstratethat the Product has been conveyed and delivered to Buyer.