Common use of Accounts and Information Clause in Contracts

Accounts and Information. Manager shall keep and maintain complete, ------------------------ legible, reproducible, accurate records of its operations on and management of the Land, including without limitation, accounting records maintained in accordance with generally accepted accounting principles as applied to the agricultural industry (subject to the written instruction of Owner to follow other procedures), sufficient records to enable Owner to comply with all applicable requirements of taxing authorities, records required by the Fair Labor Standards Act or any law applicable to farm labor employers or housing providers and employers in general, including without limit, requirements of the Occupational Health and Safety Act and the Immigration Reform and Control Act of 1986 and all records required by federal, state or local statute or ordinance pertaining to the use, storage, mixing, application, handling, transportation or disposal of motor fuels or lubricants, agricultural chemicals, fertilizers, herbicides, pesticides or other toxic or hazardous materials. Owner shall have the right at anytime during the term hereof to review and copy any or all of the records information maintained, created or retained by Manager under this Paragraph 3 upon three (3) business day's notice, with any inspection to be performed during normal business hours and at the sole cost and expense of Owner. At the conclusion of the term hereof, Manager shall provide Owner with copies of all such records or otherwise assure Owner to its satisfaction that such records and information will be maintained and available to Owner for any period of time required by Law.

Appears in 3 contracts

Sources: Farm Management Agreement (Citadel Holding Corp), Farm Management Agreement (Citadel Holding Corp), Farm Management Agreement (Citadel Holding Corp)