Common use of Termination Reports Clause in Contracts

Termination Reports. 28.1 The Concessionaire shall ensure that not later than 90 days following the issue of Notice of Termination in accordance with the provisions of this Agreement, or following termination of the Concession Period, termination reports ("Termination Reports") shall be drawn up. 28.2 The Termination Reports shall be audited by the Concessionaire's auditors and shall have annexed thereto a report signed by the Concessionaire's auditors in respect of the amount of the deductions to be made pursuant to Sections 26.7.4, 26.8.4 and 26.9.4, which such report shall for the purpose of this paragraph be deemed to form part of the Termination Reports. Upon being drawn up, the Termination Reports shall be presented to the CTA and the Disputes Board for review. 28.3 In order to enable the CTA and the Disputes Board to review the Termination Reports, the Concessionaire will ensure that it keeps up to date and, following termination of this Agreement, makes available at all reasonable times to the CTA and the Disputes Board and their professional advisors all reasonably necessary books and records and all such professional advisors.