Inspection and Audits of Books and Records Sample Clauses

The 'Inspection and Audits of Books and Records' clause grants one party the right to review and examine the financial and operational records of the other party. Typically, this clause outlines the scope of records subject to inspection, the frequency or timing of audits, and any notice requirements before an audit can take place. Its core function is to ensure transparency and accountability, allowing the inspecting party to verify compliance with contractual obligations and detect any discrepancies or misrepresentations.
Inspection and Audits of Books and Records. The City, its officials, employees, designees, consultants and agents, including, without limitation, the Comptroller shall have the right from time to time during regular business hours, upon forty- eight (48) hours notice, to inspect and audit Funding Recipient’s books and records, and all other papers and files of Funding Recipient, relating in any manner to the Funding or Funding Recipient’s compliance with the terms, covenants and conditions of this Agreement, the Security Agreement or any other agreement related to Eligible Vehicle(s) paid for or intended to be paid for with the proceeds of the Funding. Funding Recipient shall produce all such books, records, papers and files, upon request of for inspection at the Premises. Subject to applicable law, all information obtained from Funding Recipient’s books, records, papers and files shall be held in confidence, except as may be necessary for the enforcement of the City’s rights under this Agreement.
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Inspection and Audits of Books and Records. Borrower will maintain complete and accurate records and books of account in accordance with GAAP, including, without limitation, records covering all collections and other proceeds of each Mortgage Loan, and all payments from a Purchaser with respect to a Mortgage Loan. Borrower will permit First Union to inspect and to audit all such records and books and supporting data and to make copies and abstracts therefrom at its place of business at any time, and from time to time, upon reasonable notice, during ordinary business hours; and upon request of First Union, will furnish to First Union any information with respect to any Mortgage Loan. First Union agrees to conduct any inspection or audit in such a manner so as not to unreasonably interfere with Borrower's business operations.
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Inspection and Audits of Books and Records. DDC, the Comptroller and their respective agents or representatives shall have the right from time to time during regular business hours, upon forty-eight (48) hours notice, to inspect and audit Funding Recipient’s books and records, and all other papers and files of Funding Recipient, relating in any manner to the Funding, or Funding Recipient’s compliance with the terms, covenants and conditions of this Agreement, the Security Agreement or any other agreement related to the Equipment and or the Vehicle(s). Funding Recipient shall produce all such books, records, papers and files, upon request of DDC, the Comptroller or their respective agents and representatives for inspection at the Premises. Subject to applicable law, all information obtained from Funding Recipient’s books, records, papers and files shall be held in confidence, except as may be necessary for the enforcement of DDC’s rights under this Agreement.‌
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Inspection and Audits of Books and Records. Tenant’s books and records relating to its operations under this Lease (including without limitation, the books and records required to be maintained under Section 4.8(d) shall be available for inspection by Landlord or its duly authorized representative upon 72 hours advance notice and during normal business hours (9:00 a. m. to 5:00 p.m.). In addition, Landlord shall have the right, upon such notice and during such business hours to cause an audit to be made of such books and records in order to determine Tenant’s compliance with the provisions of this Lease governing amounts owed, paid or payable to Landlord and compliance with the remaining terms and conditions of this Lease. Tenant agrees to reasonably accommodate Landlord’s representatives by providing adequate workspace (including electrical outlets and phone access), allowing photocopying of any records and documents, and allowing the interviewing of such employees as the representative deems necessary to conduct and support the audit. Tenant agrees to keep records as are required to be maintained under Section 4.8(d) on the Premises or at another location within the metropolitan Boston area. If Tenant maintains the books, accounts and records in another location outside of the metropolitan Boston area, Tenant shall make these documents available at Tenant’s local office or at an agreed upon site (e.g. the ▇▇▇▇▇ Office Center) upon reasonable notice from Landlord. If the necessary books, records and original source documents are not in or cannot be provided for examination at Tenant’s local office in the metropolitan Boston area, and if agreed to in advance by the Director of Internal Audit for Landlord, the audit can by conducted outside the metropolitan Boston area at Tenant’s headquarters or other appropriate location, in which event the Tenant shall reimburse Landlord for reasonable air and ground transportation, mileage, food, lodging and other miscellaneous costs associated with the audit. After the audit is completed, Landlord will send the Tenant an invoice for costs so incurred. The inspection and audit rights set forth in this Section 4.8(e) shall include the right to photocopy those accounts, books, records and data as Landlord determines in its reasonable discretion to be necessary or convenient in connection with its review or audit thereof. If Tenant’s books and records have been generated from computerized data, Tenant agrees to provide Landlord or its representative with extracts of...
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Inspection and Audits of Books and Records. DDC, the Comptroller and their agents or representatives shall have the right from time to time during regular business hours, upon twenty four (24) hours notice, to inspect and audit Funding Recipient’s books and records, and all other papers and files of Funding Recipient, relating in any manner to the Funding or Funding Recipient’s conformance with any provision of this Agreement or any other agreement related to the Premises. Funding Recipient shall produce all such books, records, papers and files, upon request of DDC, the Comptroller or their agents and representatives for inspection at the Premises. Subject to applicable law, all information obtained from Funding Recipient’s books, records, papers and files shall be held in confidence, except as may be necessary for the enforcement of DDC’s rights under this Agreement.‌
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Related to Inspection and Audits of Books and Records

  • Books and Records; Inspection and Audit Rights Each of Holdings and the Borrower will, and will cause each Restricted Subsidiary to, maintain proper books of record and account in which entries that are full, true and correct in all material respects and are in conformity with GAAP consistently applied shall be made of all material financial transactions and matters involving the assets and business of Holdings, the Borrower or its Restricted Subsidiary, as the case may be. Each of Holdings and the Borrower will, and will cause each Restricted Subsidiary to, permit any representatives designated by the Administrative Agent or any Lender, upon reasonable prior notice, to visit and inspect its properties, to examine and make extracts from its books and records, and to discuss its affairs, finances and condition with its officers and independent accountants, all at such reasonable times and as often as reasonably requested; provided that, excluding any such visits and inspections during the continuation of an Event of Default, only the Administrative Agent on behalf of the Lenders may exercise visitation and inspection rights of the Administrative Agent and the Lenders under this Section 5.08 and the Administrative Agent shall not exercise such rights more often than two times during any calendar year absent the existence of an Event of Default and only one such time shall be at the Borrower’s expense; provided further that (a) when an Event of Default exists, the Administrative Agent or any Lender (or any of their respective representatives or independent contractors) may do any of the foregoing at the expense of the Borrower at any time during normal business hours and upon reasonable advance notice and (b) the Administrative Agent and the Lenders shall give Holdings and the Borrower the opportunity to participate in any discussions with Holdings’ or the Borrower’s independent public accountants.

  • Inspection of Books and Records Contractor will permit County, or any duly authorized agent of County, to inspect and examine the books and records of Contractor for the purpose of verifying the amount of work performed under the Scope of Services. County’s right to inspect survives the termination of this Agreement for a period of four years.

  • Examination of Books and Records At reasonable times and upon reasonable notice, Lender, its agents, accountants and attorneys shall have the right to examine the records, books, management and other papers of Borrower which reflect upon their financial condition, at the Property or at any office regularly maintained by Borrower where the books and records are located. Lender and its agents shall have the right to make copies and extracts from the foregoing records and other papers. In addition, at reasonable times and upon reasonable notice, Lender, its agents, accountants and attorneys shall have the right to examine and audit the books and records of Borrower pertaining to the income, expenses and operation of the Property during reasonable business hours at any office of Borrower where the books and records are located. This

  • Location of Books and Records The location where Seller keeps its books and records, including all computer tapes and records relating to the Purchased Mortgage Loans and the related Repurchase Assets is its chief executive office.

  • Inspection and Audit Rights The Master Servicer agrees that, on reasonable prior notice, it will permit and will cause each Subservicer to permit any representative of the Depositor or the Trustee during the Master Servicer's normal business hours, to examine all the books of account, records, reports and other papers of the Master Servicer relating to the Mortgage Loans, to make copies and extracts therefrom, to cause such books to be audited by independent certified public accountants selected by the Depositor or the Trustee and to discuss its affairs, finances and accounts relating to the Mortgage Loans with its officers, employees and independent public accountants (and by this provision the Master Servicer hereby authorizes said accountants to discuss with such representative such affairs, finances and accounts), all at such reasonable times and as often as may be reasonably requested. Any out-of-pocket expense incident to the exercise by the Depositor or the Trustee of any right under this Section 10.09 shall be borne by the party requesting such inspection; all other such expenses shall be borne by the Master Servicer or the related Subservicer.