5Books and Records. Until the end of the CVR Term, the Company shall, and shall cause its Affiliates to, keep true, complete and accurate records in sufficient detail to enable the Rights Agent to confirm each CVR Payment payable hereunder in accordance with the terms specified in this Agreement.
5Books and Records. The books and records pertaining to the Client which are in possession of the Custodian shall be the property of the Client. Such books and records shall be prepared and maintained as required by the ’40 Act and the rules thereunder. The Client, or its authorized representatives, shall have access to such books and records during the Custodian’s normal business hours. Upon the reasonable request of the Client, copies of any such books and records shall be provided by the Custodian to the Client or its authorized representative. Upon the reasonable request of the Client, the Custodian shall provide in hard copy or on computer disc any records included in any such delivery which are maintained by the Custodian on a computer disc, or are similarly maintained.
5Books and Records. To the extent any Books and Records are not transferred to Buyer as Acquired Assets pursuant to Section 1.1(a)(i)(E) due to any requirement under applicable Law that such Books and Records be maintained by Seller, Seller shall, to the extent permitted by applicable Law, provide copies of such Books and Records to Buyer at or promptly following the Closing; provided that, if required by applicable Law, Seller may redact the portions of such Books and Records that are required by applicable Law to be redacted, or held confidential, prior to sharing such copies with Buyer.
5Books and Records. The Registered Proprietor must keep full and adequate books and records (including but not limited to audit tapes, credit card and debit card transactions and merchant records) reflecting the financial results of operating the Car Park and to allow the Gross Revenue and Car Parking Expenses to be calculated and verified. The books and records must be kept in accordance with Australian standard accounting practice for an annual audit. The Registered Proprietor must, on being given reasonable notice, provide Council or its nominated representative with an electronic copy of the records. Council may have the records for particular months audited by an independent and registered company auditor. Where the Gross Revenue for a month period is incorrect, including as determined by an audit, the Gross Revenue will be adjusted if necessary within 1 month of Council giving the Registered Proprietor notice of the error. If an audit determines that the actual Gross Revenue for a particular month is higher than the reported Gross Revenue for that month, the Registered Proprietor must pay the difference to Council and if the actual Gross Revenue for a particular month is more than 3% higher than the reported Gross Revenue for that month the Registered Proprietor must pay to Council the cost of audit, each by no later than 5 business days from the date of demand. The Registered proprietor must provide Council each 30 September a copy of the audited financial records for the previous financial year.
