Tenant Records. Tenant agrees to keep full, complete and proper books, records and accounts of the daily Gross Sales from the Premises and any concession operated at any time in the Premises; of inventories, purchases and receipts of merchandise; of sales tax; and of all other transactions and matters, including sales slips, cash register tape readings, sales books, bank books, deposit slips and sales tax reports, normally examined and required to be kept by an independent accountant and/or any Regulatory Authority (as hereinafter defined) pursuant to accepted auditing standards in performing an audit of Gross Sales. All such books, records and accounts shall be kept for a period of at least one (1) year following the end of each the Lease Year. Within one (1) year after the end of the Lease Year, Landlord, its agents and employees, upon at least seven (7) days prior written notice, may examine and inspect all of the books and records relating to the business conducted upon the Premises for the purpose of investigating and verifying the accuracy of any statement of Gross Sales during any prior Lease Year. Tenant agrees to require any subtenants, concessionaires, and licensees to also maintain records meeting the requirements of this SECTION 5.4.
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Tenant Records. Tenant agrees to keep full, complete and proper books, records and accounts of the daily Gross Sales from the Premises and any concession operated at any time in the Premises; of inventories, purchases and receipts of merchandise; of sales tax; and of all other transactions and matters, including sales slips, cash register tape readings, sales books, bank books, deposit slips and sales tax reports, normally examined and required to be kept by an independent accountant and/or any Regulatory Authority (as hereinafter defined) pursuant to accepted auditing standards in performing an audit of Gross Sales. All such books, records and accounts shall be kept for a period of at least one (1) year following the end of each the Lease Year. Within one (1) year after the end of the Lease Year, Landlord, its agents and employees, upon at least seven (7) days prior written notice, may examine and inspect all of the books and records relating to the business conducted upon the Premises for the purpose of investigating and verifying the accuracy of any statement of Gross Sales and Net Profit during any the prior Lease Year. Tenant agrees to require any subtenants, concessionaires, and licensees to also maintain records meeting the requirements of this SECTION 5.45.5.
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