Client Audits definition
Examples of Client Audits in a sentence
Service Provider shall at all times during the Term maintain records and supporting documentation, in accordance with generally accepted accounting principles, of all financial and non-financial transactions under this Agreement and all Service Agreements sufficient to permit the Required [***]* Audits, Annual Audits, and Client Audits (each as defined below, and collectively, the “Audits”) thereof in accordance with this Article 17.
The Client Audits may be performed at reasonable intervals or if there are indications of non-compliance.
Client and/or Client Affiliates are entitled to conduct their own audits or audits required by Governmental Authorities (“Client Audits”) according to the Annual Audit Plan, unless additional Client Audits are required.
The first Annual Audit Plan will include Client Audits to be accomplished during the initial Contract Year after a [***]* stabilization period following completion of the take on activity for the last Process for each of Client’s Canadian operations and U.S. operations.
Client shall choose the Approved Auditors; provided, however, that except as otherwise required by Governmental Authorities, no Approved Auditors conducting Client Audits shall then currently be engaged in any other assignment that is in direct and material competition with services offered by Service Provider.
The Client Audits may be conducted by the internal and external auditors and personnel of the Client who have entered into Playbook UX's form of nondisclosure agreement (collectively, "Auditors").
The Client shall promptly notify Playbook UX with information regarding the results of the Client Audits.
Such Client Audits shall be conducted in accordance with Playbook UX's security policies and procedures, without undue disruption to Playbook UX’s operations, in a commercially reasonable manner.
Except in the case of a the Client Audit performed in response to a Data Breach, the Client Audit(s) will be performed at the Client's sole cost and the Client will reimburse Playbook UX for its reasonable costs associated with such additional the Client Audits.
The execution, delivery, and performance of this Agreement have been duly authorized by all necessary corporate action on behalf of Summit.