Commercial Audit definition
Examples of Commercial Audit in a sentence
If such Additional Fees determined by Commercial Audit is more than five per cent (5%) of the Monthly Subscription Fees for the applicable period already paid by Operator to the Broadcaster, the Operator shall pay all of the Broadcaster’s costs incurred in connection with such review and/or audit, and undertake to take any necessary actions to avoid such errors in the future.
If such review or audit reveals that additional fees are payable to the Broadcaster (“Additional Fees determined by Commercial Audit”), Operator shall immediately pay such Additional Fees determined by Commercial Audit, as increased by interest levied at the rate of twenty four percent (24%) per annum.
If such review or audit reveals that additional fees are payable to ETV (“Additional Fees determined by Commercial Audit”), Operator shall immediately pay such Additional Fees determined by Commercial Audit, as increased by interest levied at the rate of twenty four percent (24%) per annum.
If such Additional Fees determined by Commercial Audit is more than five percent (5%) of the Monthly License Fees for the applicable period already paid by Operator to ETV, the Operator shall pay all of ETV’s costs incurred in connection with such review and/or audit, and undertake to take any necessary actions to avoid such errors in the future.
If such Additional Fees determined by Commercial Audit is more than five per cent (5%) of the Monthly License Fees for the applicable period already paid by Operator to the Broadcaster, the Operator shall pay all of the Broadcaster’s costs incurred in connection with such review and/or audit, and undertake to take any necessary actions to avoid such errors in the future.
Commercial Audit Premiums are direct billed through CAP account when the audited policy term was direct billed on CAP.