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Books and Records; Audit Rights
Books and Records; Audit Rights contract clause examples
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Maintain proper books of record and account, in which full, true and correct entries in all material respects in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the , the or such [[Consolidated Entity:Organization]], as the case may be; and

Books and Records. shall maintain complete, detailed and accurate records, books and accounts of all funds disbursed in connection with ’s management and operation of the Premises (excepting salary disbursements internal to ), including all M&R Reports. agrees to keep all of the aforementioned documents (collectively, the “Books and Records”) safe, available and separable from any record not having to do with the Building. shall not dispose of any such Books or Records until the same are at least two (2) years old.

Books and Records. The Seller shall maintain proper books of record and account of the transactions contemplated hereby, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions contemplated hereunder.

Each Loan Party shall # keep proper books of record and account in which full, true and correct entries will be made of all dealings or transactions of or in relation to its business and affairs; # set up on its books accruals with respect to all Taxes, assessments, charges, levies and claims; and # on a reasonably current basis set up on its books, from its earnings, allowances against doubtful Receivables, advances and investments and all other proper accruals (including by reason of enumeration, accruals for premiums, if any, due on required payments and accruals for depreciation, obsolescence, or amortization of properties), which should be set aside from such earnings in connection with its business. All determinations pursuant to this subsection shall be made in accordance with, or as required by, GAAP consistently applied in the opinion of such independent public accountant as shall then be regularly engaged by the applicable Loan Party.

Books and Records. At its option, Landlord, at any time within twelve (12) months after final disbursement of the Tenant Improvement Allowance to Tenant, and upon at least ten (10) Business Days prior written notice to Tenant, may cause an audit to be made of Tenant’s books and records relating to Tenant’s expenditures in connection with the construction of the Tenant Improvements. Tenant shall maintain complete and accurate books and records in accordance with generally accepted accounting principles of these expenditures for at least twelve (12) months after final disbursement of the Tenant Improvement Allowance to Tenant. Tenant shall make available to Landlord’s auditor at the Premises within ten (10) Business Days following Landlord’s notice requiring the audit, all books and records maintained by Tenant pertaining to the construction and completion of the Tenant Improvements. In addition to all other remedies which Landlord may have pursuant to the Lease, Landlord may recover from Tenant the reasonable cost of its audit if the audit discloses that Tenant falsely reported to Landlord expenditures which were not in fact made or falsely reported a material amount of any expenditure or the aggregate expenditures.

Books, Records, Access. Borrower shall # maintain, or cause to be maintained, adequate books, accounts and records with respect to the Borrower in which full and correct entries shall be made of all financial transactions and the assets and business of the Borrower; # prepare all financial statements required hereunder, in each case in accordance with GAAP and in compliance with the regulations of any Governmental Authority having jurisdiction thereof; and # subject to requirements of Governmental Authorities, safety requirements and existing confidentiality restrictions imposed upon Borrower by any other Person, permit employees or agents of Lender at any reasonable times and upon reasonable prior notice to Borrower, # to inspect all of the Borrower’s properties # to examine or audit all of the Borrower’s books, accounts and records and to make copies and memoranda thereof, and # to discuss the business, operations, properties and financial and other conditions of the Borrower with officers and employees of the Borrower and with its independent certified public accountants.

Books and Records. [[Organization B:Organization]] agrees to maintain customary books and records relating to the Participation Interests sold by [[Organization B:Organization]] to [[Organization C:Organization]] hereunder. [[Organization B:Organization]] shall properly reflect in its books and records the sale by [[Organization B:Organization]] to [[Organization C:Organization]] of all Participation Interests sold to [[Organization C:Organization]] and the Percentage Interests of [[Organization C:Organization]] in such Participation Interests. Upon request, [[Organization B:Organization]] shall furnish to [[Organization C:Organization]] copies of any of [[Organization B:Organization]]’s books and records and financial statements relating to the Participation Interests purchased by [[Organization C:Organization]] from [[Organization B:Organization]] hereunder.

Books, Records and Inspections. Borrower will, and will cause each of its Subsidiaries to, keep proper books of record and accounts in which full, true and correct entries which permit the preparation of financial statements in accordance with generally accepted accounting principles and which conform in all material respects to all requirements of law. Borrower will, and will cause each of its Subsidiaries to, permit officers and designated representatives of Lender to visit and inspect, under guidance of officers of Borrower or such Subsidiary, any of the properties of Borrower or such Subsidiary, and to examine the books of account of Borrower or such Subsidiary and discuss the affairs, finances and accounts of Borrower or such Subsidiary with, and be advised as to the same by, its and their officers and independent accountants, all upon reasonable prior notice and at such reasonable times and intervals and to such reasonable extent Lender may reasonably request.

Books and Records; Inspection. The [[Organization A:Organization]] will, and will cause each of its Subsidiaries to, keep adequate records and books of account, in which complete entries will be made in accordance with generally accepted accounting principles applicable to the [[Organization A:Organization]] and to permit representatives of any [[Organization B:Organization]] or the Administrative Agent, during normal business hours, to examine, copy and make extracts from its books and records, to inspect any of its properties, and to discuss its business and affairs with its officers, all to the extent reasonably requested by such [[Organization B:Organization]] or the Administrative Agent (as the case may be).

Operator shall maintain separate books, financial records and accounts for Exclusive Operations which shall be subject to the same rights of audit and examination as the Joint Account and related records, all as provided in the Accounting Procedure. Said rights of audit and examination shall extend to each of the Consenting Parties and each of the Non-Consenting Parties so long as the latter are, or may be, entitled to elect to participate in such Exclusive Operations.

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