Delivery of Records; Inspection Clause Samples

The "Delivery of Records; Inspection" clause establishes the obligation for one party to provide access to relevant records or documents and allows the other party to inspect them. Typically, this clause outlines the types of records subject to delivery, the manner and timing of access, and any conditions or limitations on inspection, such as advance notice or confidentiality requirements. Its core practical function is to ensure transparency and accountability between the parties, enabling verification of compliance with contractual obligations or the accuracy of reported information.
Delivery of Records; Inspection. The Operating Member, subject to such reasonable standards as may be established from time to time by the Management Committee, shall deliver to any Member (or, to the extent so directed, to its agent or attorney) a copy of the following information at any time if requested in writing:
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Delivery of Records; Inspection. Upon the reasonable written request of any Member for any purpose reasonably related to such Member's Membership Interest, the Investment Manager, subject to such reasonable standards as may be established from time to time by the Investment Manager, shall deliver to such requesting Member (or, to the extent so directed, to its agent or attorney) a copy of the following information: (a) unaudited quarterly financial reports and audited annual financial reports, which shall include an income statement for the period covered by such statements, a balance sheet as of the last day of such period, a statement of Members' equity, and a management discussion and analysis of the financial condition of the Company and all supporting calculations and information for such reports; (b) promptly after becoming available, a copy of the Company's federal, state and local income or information tax returns for the year; (c) a current list of the name and last known business, residence or mailing address of each Member; (d) true and full information regarding the status of the business and financial condition of the Company; and (e) a copy of this Agreement, as amended, and the Certificate, together with executed copies of any written powers of attorney pursuant to which this Agreement, as amended, and the Certificate have been executed. Members (personally or through an authorized representative) may, for purposes reasonably related to their Membership Interests, inspect and copy (at their own cost and expense) the books and records of the Company at all reasonable business hours.
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Delivery of Records; Inspection. Upon the reasonable written request of any Member for any purpose reasonably related to such Member's Interest, TrizecHahn shall deliver to such requesting Member (or, to the extent so directed, to its agent or attorney) a copy of the following information, to the extent such is requested in writing: (a) true and full information regarding the status of the business and financial condition of the Company (including, without limitation, the annual financial reports and all reasonable supporting calculations and information for such reports); (b) promptly after becoming available, a copy of the Company's federal, state and local income or information tax returns for the year; (c) a current list of the name and last known-business, residence or mailing address of each Member; (d) a copy of this Agreement, as amended, and Certificates, together with executed copies of any written powers of attorney pursuant to which this Agreement, as amended, and any Certificate have been executed; and (e) true and full information regarding the amount of cash and a description and statement of the agreed value of any other property or services contributed by each Member and which each Member has agreed to contribute in the future, and the date on which each became a Member. Any Member (personally or through an authorized representative) may, for any purpose reasonably related to such Member's Interest, inspect and copy (at their own cost and expense) the books and records of the Company at all reasonable business hours.
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Related to Delivery of Records; Inspection

  • Inspection of Records Upon reasonable notice to the Administrative Trustees and the Property Trustee, the records of the Trust shall be open to inspection by Securityholders during normal business hours for any purpose reasonably related to such Securityholder's interest as a Securityholder.

  • Delivery of Records If the Issuing and Principal Paying Agent or Registrar resigns or its appointment is terminated, the Issuing and Principal Paying Agent shall on the date on which the resignation or termination takes effect pay to the new Issuing and Principal Paying Agent any amount held by it for payment in respect of the Notes, Receipts or Coupons and the Issuing and Principal Paying Agent or Registrar, as the case may be, shall simultaneously deliver to the new Issuing and Principal Paying Agent or Registrar the records kept by it and all documents and forms held by it pursuant to this Agreement.

  • Records; Inspection Reneo shall, and shall cause its Affiliates and Sublicensees to, keep complete, true and accurate books of account and records for the purpose of determining the payments to be made under this Agreement. Such books and records shall be kept for [***] years following the end of the calendar year to which they pertain. Such records shall be open for inspection during such period by independent accountants, solely for the purpose of verifying payment statements hereunder for a period covering not more than the [***] prior to the date of request; provided that no period shall be subject to inspection under this section more than once. Such inspections shall be made no more than once each calendar year, on reasonable notice during normal business hours. The auditor will execute a reasonable written confidentiality agreement with Reneo and will disclose to vTv only such information as is reasonably necessary to provide vTv with information regarding any actual or potential discrepancies between amounts reported and actually paid and amounts payable under this Agreement. The auditor will send a copy of the report to Reneo at the same time it is sent to vTv. The report sent to both Parties will include the methodology and calculations used to determine the results. Any unpaid amounts (plus interest as set forth in Section 3.8) that are discovered shall be paid promptly by Reneo. Inspections conducted under this Section 3.9 shall be at the expense of vTv, unless the inspection discloses an underpayment by Reneo of [***] or more of the amount due for any period covered by the inspection, whereupon all costs relating to the inspection for such period shall be paid promptly by Reneo. If an inspection conducted pursuant to this Section 3.9 discloses an overpayment by Reneo, then Reneo will deduct the amount of such overpayment from amounts otherwise owed to vTv under this Agreement, unless no further payments are due hereunder, in which case the amount of such overpayment shall be refunded by vTv to Reneo.

  • Audit Inspection of Records Seller shall keep adequate records of payable hours of direct labor and all costs of the performance of this order, which shall be subject to audit by ITT in the event of cancellation or with respect to any order for which the price is based on time and cost of material.

  • Audit and Inspection of Records Contractor agrees to maintain and make available to the City, during regular business hours, accurate books and accounting records relating to its Services. Contractor will permit City to audit, examine and make excerpts and transcripts from such books and records, and to make audits of all invoices, materials, payrolls, records or personnel and other data related to all other matters covered by this Agreement, whether funded in whole or in part under this Agreement. Contractor shall maintain such data and records in an accessible location and condition for a period of not fewer than five years after final payment under this Agreement or until after final audit has been resolved, whichever is later. The State of California or any Federal agency having an interest in the subject matter of this Agreement shall have the same rights as conferred upon City by this Section. Contractor shall include the same audit and inspection rights and record retention requirements in all subcontracts.