Reports and Access to Information. The Blackstone Partners and UniCo shall be entitled to receive reports on a daily basis within not more than 2 business days following the day which is the subject of the report setting forth the gross revenues from the Combined Project and each of Project 1 and Project 2 for the day in question broken down by major categories (such as admission revenues, merchandise sales, and food/beverage sales) and upon request any Holding II Partner shall be entitled to further breakdown and backup material relating to the aforementioned report. The Holding II Partners, and the representatives thereof, shall have access to all books and records of the Partnership with the right to review them, examine them and make copies thereof, and obtain from the other Holding II Partners, Manager and/or employees of the Partnership full analysis of all entries therein and the basis for any such entry, and, without derogating from the generality of the foregoing, to cause them to be audited and/or reviewed by its own internal auditing staffs or by a firm of independent certified public accountants. Each Holding II Partner shall bear its own expenses incurred in exercising its rights under the prior sentence and will not, unless good cause appears therefore, exercise such rights more than once a month.
Appears in 3 contracts
Sources: Partnership Agreement, Limited Partnership Agreement (Universal City Travel Partners), Limited Partnership Agreement (Universal City Development Partners LTD)