Common use of Operating Agent to Provide Relevant Information Clause in Contracts

Operating Agent to Provide Relevant Information. The Operating Agent shall, in a timely manner, provide to each of the Lessee/Owner Parties, through their Operating Committee Members and their alternates, information in the possession of the Operating Agent regarding Elm Road Unit 1 that is necessary or appropriate for each of the Lessee/Owner Parties to protect and make full use of its interest in the Unit, including all information reasonably requested by a Party. The Operating Agent shall keep the Operating Committee Members promptly advised of all significant matters with respect to the operation of Elm Road Unit 1, including changes in conditions or other developments related to the Unit or the performance of Operating Functions. The Operating Agent shall provide to the Operating Committee Members statistical and administrative reports, budgets, accounting records and information, and other records pertaining to Operating Functions as may be reasonably requested by the Operating Committee Members or as are necessary for the Operating Committee to perform its responsibilities hereunder.

Operating Agent to Provide Relevant Information. The Operating Agent shall, in a timely manner, provide to each of the Lessee/Owner Parties, through their Operating Committee Members and their alternates, information in the possession of the Operating Agent regarding Elm Road Unit 1 the Common Facilities that is necessary or appropriate for each of the Lessee/Owner Parties to protect and make full use of its interest in its respective Unit(s) and the UnitNew Common Facilities, including all information reasonably requested by a Party. The Operating Agent shall keep the Operating Committee Members promptly advised of all significant matters with respect to the operation of Elm Road Unit 1Common Facilities, including changes in conditions or other developments related to the Unit Common Facilities or the performance of Operating Functions. The Operating Agent shall provide to the Operating Committee Members statistical and administrative reports, budgets, accounting records and information, and other records pertaining to Operating Functions as may be reasonably requested by the Operating Committee Members or as are necessary for the Operating Committee to perform its responsibilities hereunder.

Operating Agent to Provide Relevant Information. The Operating Agent shall, in a timely manner, provide to each of the Lessee/Owner Parties, through their Operating Committee Members and their alternates, information in the possession of the Operating Agent regarding Elm Road Unit 1 2 that is necessary or appropriate for each of the Lessee/Owner Parties to protect and make full use of its interest in the Unit, including all information reasonably requested by a Party. The Operating Agent shall keep the Operating Committee Members promptly advised of all significant matters with respect to the operation of Elm Road Unit 12, including changes in conditions or other developments related to the Unit or the performance of Operating Functions. The Operating Agent shall provide to the Operating Committee Members statistical and administrative reports, budgets, accounting records and information, and other records pertaining to Operating Functions as may be reasonably requested by the Operating Committee Members or as are necessary for the Operating Committee to perform its responsibilities hereunder.