Common use of Inspection and Monthly Reports Clause in Contracts

Inspection and Monthly Reports. Buyer and the Representative shall have the right to inspect and obtain copies of the records of the Escrow Agent pertaining to this Escrow Agreement and to receive monthly reports of the status of the Escrow Amount. The Escrow Agent shall send to Buyer and the Representative monthly reports detailing the Escrow Amount in the Escrow Agent's possession, any release of the Escrow Amount in the preceding month and the status of any claims pending for the release of any of the Escrow Amount.

Inspection and Monthly Reports. Buyer and the Representative shall have the right to inspect and obtain copies of the records of the Escrow Agent pertaining to this Escrow Agreement and to receive monthly reports of the status of the Escrow Amount. The Escrow Agent shall send to Buyer and the Representative monthly reports detailing the amount of the Escrow Amount Amounts in the Escrow Agent's ’s possession, any release of the Escrow Amount Amounts in the preceding month and the status of any claims pending for the release of any of the Escrow AmountAmounts.