Common use of Payments and Records Clause in Contracts

Payments and Records. The Manager shall pay the aggregate amount due to Pine River under this Section 4 quarterly on the same day the Company reimburses the Manager for its expenses pursuant to Section 10 of the Management Agreement. Pine River shall maintain accurate records of the Manager Personnel (e.g., title, wage rate, and time used) provided to the Manager pursuant to this Agreement, and, upon request, the Manager shall be entitled to review such records at reasonable times.

Appears in 2 contracts

Sources: Shared Facilities and Services Agreement (Two Harbors Investment Corp.), Shared Facilities and Services Agreement (Two Harbors Investment Corp.)