Common use of Audits and Financial Statements Clause in Contracts

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of Princeton II and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. Princeton II shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on Princeton II and Company. If Company elects not to have Princeton II's financial statements so audited, Princeton II shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and Princeton II shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, which shall be delivered to Princeton II within thirty (30) business days after the close of each calendar month.

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of Princeton II GCOA and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. Princeton II GCOA shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on Princeton II GCOA and Company. If Company elects not to have Princeton IIGCOA's financial statements so audited, Princeton II GCOA shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and Princeton II GCOA shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, which shall be delivered to Princeton II GCOA within thirty (30) business days after the close of each calendar month.

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of Princeton II ROAII and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. Princeton II ROAII shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on Princeton II ROAII and Company. If Company elects not to have Princeton IIROAII's financial statements so audited, Princeton II ROAII shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and Princeton II ROAII shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, which shall be delivered to Princeton II ROAII within thirty (30) business days after the close of each calendar month.

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of Princeton VERO II and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. Princeton VERO II shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on Princeton VERO II and Company. If Company elects not to have Princeton VERO II's financial statements so audited, Princeton VERO II shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and Princeton VERO II shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, which shall be delivered to Princeton VERO II within thirty (30) business days after the close of each calendar month.

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of Princeton II TOC and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. Princeton II TOC shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on Princeton II TOC and Company. If Company elects not to have Princeton IITOC's financial statements so audited, Princeton II TOC shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and Princeton II TOC shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, and such other matters as TOC may reasonably request which shall be delivered to Princeton II TOC within thirty (30) business days after the close of each calendar month.