Licensor's Right to Inspection Sample Clauses

Licensor's Right to Inspection. Licensee shall keep and maintain, at its regular place of business, sufficient records and books of account of its activities under this Agreement and shall maintain such books and records in accordance with generally accepted accounting principles. Once each calendar year during Licensee's regular business hours, and upon twenty-four hour notice, independent certified public accountants designated by Licensor, or other designated representatives of Licensor, shall have the right, at Licensor's expense, to inspect said books and records at Licensee's premises for the purpose of verifying the accuracy thereof and of the payments and reports required by this Agreement. It is understood that such inspection shall be undertaken in a manner that will not unreasonably interfere with Licensee's normal business operations at the site of the inspection. If, as a result of such examination or audit, Licensor shall determine what it believes to be a discrepancy. Licensor shall promptly furnish to Licensee a copy of Licensor's report (the "Discrepancy Report") setting forth the amount of the discrepancy in the royalty payment and showing in reasonable detail the basis upon which the discrepancy was determined. Within thirty (30) calendar days following the date of delivery to Licensee of the Discrepancy Report. Licensee shall pay to Licensor a sum equal to that portion of the claimed discrepancy as to which there remains no bona-fide dispute and show in reasonable detail the basis upon which Licensee claims there is no discrepancy. If the amount of discrepancy, agreed upon exceeds ten percent (10%) of the Installment Payments due for the period involved. Licensee shall reimburse Licensor for its audit or inspection expenses; not to exceed $2,500.
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Licensor's Right to Inspection. During the Term of this Agreement, the Licensor shall have access to Licensee's personnel and the right to inspect, during normal business hours (i) all facilities of Licensee at which the Product is bottled, (ii) all the Licensee's facilities and equipment relating to manufacture, storage and delivery of St-Elie Packaging and of the Product and all components thereof, and (iii) the Product and St-Elie Packaging themselves (prior to shipment) for the purpose of ensuring conformance and to assess quality standard or for any other reasonable business purpose. Any such inspections shall not be deemed to constitute an acceptance of any defective Product or St-Elie Packaging, and shall not relieve Licensee of its obligations hereunder, all of which shall survive such inspections;

Related to Licensor's Right to Inspection

  • Lessor’s Right to Inspect Lessee shall permit Lessor and its authorized representatives as frequently as reasonably requested by Lessor to inspect the Leased Property and Lessee’s accounts and records pertaining thereto and make copies thereof, during usual business hours upon reasonable advance Notice, subject only to any business confidentiality requirements reasonably requested by Lessee.

  • DXC’s Right to Inspect DXC may, at any time, inspect the software, Services, or Products and associated manufacturing processes. Inspection may occur at Supplier’s facility, plant or subcontractor’s plant. Supplier will inform its vendors and subcontractors of DXC’s right to inspect and shall secure that right for DXC if necessary.

  • LANDLORD'S RIGHT TO INSPECT Tenant shall permit Landlord and its authorized representatives to inspect the Leased Property, or any portion thereof, during usual business hours upon not less than forty-eight (48) hours’ notice and to make such repairs as Landlord is permitted or required to make pursuant to the terms of this Agreement, provided that any inspection or repair by Landlord or its representatives will not unreasonably interfere with Tenant’s use and operation of the Leased Property and further provided that in the event of an emergency, as determined by Landlord in its reasonable discretion, prior Notice shall not be necessary.

  • Right to Inspect Bank (through any of its officers, employees, or agents) shall have the right, upon reasonable prior notice, from time to time during Borrower’s usual business hours but no more than twice a year (unless an Event of Default has occurred and is continuing), to inspect Borrower’s Books and to make copies thereof and to check, test, and appraise the Collateral in order to verify Borrower’s financial condition or the amount, condition of, or any other matter relating to, the Collateral.

  • BUYER’S RIGHT TO CANCEL If after completion of an appraisal by a licensed appraiser, Buyer receives written notice from the Lender or the appraiser that the Property has appraised for less than the Purchase Price (a “Notice of Appraised Value”), Buyer may cancel the REPC by providing written notice to Seller (with a copy of the Notice of Appraised Value) no later than the Financing & Appraisal Deadline referenced in Section 24(c); whereupon the Xxxxxxx Money Deposit shall be released to Buyer without the requirement of further written authorization from Seller.

  • Right to Inspect Records Engineer agrees that City shall have access to and the right to examine any directly pertinent books, documents, papers and records of Engineer involving transactions relating to this contract. Engineer agrees that City shall have access during normal working hours to all necessary Engineer facilities and shall be provided adequate and appropriate work space in order to conduct audits in compliance with the provisions of this section. City shall give Engineer reasonable advance notice of intended audits. Engineer further agrees to include in subcontract(s), if any, a provision that any subcontractor or consultant agrees that City shall have access to and the right to examine any directly pertinent books, documents, papers and records of such consultant or subcontractor involving transactions to the subcontract, and further, that City shall have access during normal working hours to all consultant or subcontractor facilities, and shall be provided adequate and appropriate work space, in order to conduct audits in compliance with the provisions of this paragraph. City shall give the consultant or subcontractor reasonable advance notice of intended audits.

  • LESSOR'S RIGHT OF ENTRY The Lessor or the Lessor's agent may enter at reasonable hours to inspect or show the Premises to prospective lenders and purchasers, and to do anything the Lessor may be required to do hereunder or which the Lessor may deem necessary for the good of the Premises or any building of which they are apart. During the last [#] days of the Term, the Lessor may display a "For Rent" sign on the Premises and show the Premises to prospective lessees.

  • Lessor’s Rights If Lessee fails to perform Lessee's obligations under this Paragraph 7, or under any other paragraph of this Lease, Lessor may at its option (but shall not be required to) enter upon the Premises after ten (10) days' prior written notice to Lessee (except in the case of an emergency, in which case no notice shall be required), perform such obligations on Lessee's behalf and put the same in good order, condition and repair, and the cost thereof together with interest thereon at the maximum rate then allowable by law shall become due and payable as additional rental to Lessor together with Lessee's next rental installment.

  • HHS Right to Use Contractor agrees that HHS has the right to use, produce, and distribute copies of and to disclose to HHS employees, agents, and contractors and other governmental entities all or part of this Contract or any related Solicitation Response as HHS deems necessary to complete the procurement process or comply with state or federal laws.

  • Right to Insure The Company shall have the right to secure, in its own name or otherwise, and at its own expense, life, health, accident or other insurance covering Executive, and Executive shall have no right, title or interest in and to such insurance. Executive shall assist the Company in procuring such insurance by submitting to examinations and by signing such applications and other instruments as may be required by the insurance carriers to which application is made for any such insurance.

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