Tape Audit definition
Examples of Tape Audit in a sentence
Pursuant to the terms of the Tape Audit Engagement Letter, the Tape Auditors shall determine in respect of each Audited Financing Contract whether or not the Reference Date Portfolio Information is true, correct and accurate in all respects as of the Reference Date (the "Tape Audit").
Buyer and the Company shall afford Shareholder and the Tape Auditors reasonable assistance with the Tape Audit, including access during normal business hours and upon reasonable notice to such relevant accounting, financial and other Books and Records of the Company reasonably requested by the Tape Auditors in connection with the Tape Audit; provided, however, that such assistance or access does not unreasonably interfere with Buyer's or the Company's business.
Following execution of the Tape Audit Engagement Letter, Shareholder shall have the option of directing the Tape Auditors to audit any Financing Contract specified in the Tape Audit Engagement Letter.
Shareholder shall (x) pay all of the fees of the Tape Auditors and all expenses incurred by such firm, and (y) provide any indemnification required by the Tape Auditors in connection with the Tape Audit.