City’s Right to Inspect and Audit Clause Samples
City’s Right to Inspect and Audit. From and after the Effective Date, Developer shall permit the City and its designees and auditors, at the City’s cost and expense, to have reasonable access to and to inspect and audit Developer’s Records and Reports. In the event any such inspection or audit discloses a material discrepancy with information previously provided by Developer to the City, Developer shall reimburse the City for its reasonable out-of-pocket costs associated with such inspection or audit.
City’s Right to Inspect and Audit. During the Project and for a period of 3 years after the expiration or termination of this Agreement, Developer shall permit the City, its employees, agents, and auditors to have reasonable access to and to inspect and audit Developer’s Records and Reports. In the event any such inspection or audit discloses a material discrepancy with information previously provided by Developer to the City, Developer shall reimburse the City for its out-of-pocket costs associated with such inspection or audit.
City’s Right to Inspect and Audit. LESSEE shall keep all of its books of account, records and supporting documentation throughout the Term, plus five (5) years. LESSEE shall make such books, records and documentation available for inspection and audit by CITY in one location within the County of San Diego. LESSEE shall maintain separate books and records related to LESSEE’s use of the Premises. Upon reasonable prior notice, CITY may inspect and audit the operation of LESSEE’s business and all other business activities conducted on the Premises, and all financial transactions resulting from LESSEE’s use of the Premises as CITY may deem necessary, in its sole discretion, to protect CITY’s rights under this Lease. If required by competent governmental authority, LESSEE shall promptly deliver to CITY, at CITY’s reasonable request and at LESSEE’s sole cost and expense, any and all data reasonably needed to fully comply with such authority’s requirements related to LESSEE’s operations and activities conducted on the Premises, and all financial transactions resulting from LESSEE’s use of the Premises.