Common use of Access to Books, Records and Data Clause in Contracts

Access to Books, Records and Data. a) The Corporation shall at all times keep and maintain full and complete books and records of all matters affecting the mining operations, maintenance of the Property and the computation of the Net Smelter Return. Royalty Holder shall have the right, at its own risk and expense, to have its representative or auditor inspect and audit the books and records of the Corporation and make copies and extracts thereof. b) The Corporation shall provide information and data regularly to Royalty Holder and in any event quarterly on all activities proposed to be conducted and activities that have been conducted by the Corporation and the results thereof. Such information and data reports shall be provided for each quarter by the 30th day of the month next following. c) The Corporation shall permit Royalty Holder and its representatives to have access, at Royalty Holder's cost and risk, to the Property and the data and records of the Corporation.

Appears in 2 contracts

Sources: Royalty Agreement (Capital Gold Corp), Asset Purchase Agreement (Nayarit Gold Inc.)