Common use of Accounting and Audit Procedures; Inspections; Reports and Records Clause in Contracts

Accounting and Audit Procedures; Inspections; Reports and Records. (a) The Borrower shall establish fiscal controls and accounting procedures sufficient to assure proper accounting for all Project-related transactions (including collection of Pledged Receipts, and any other revenues attributable to the Project, and the TIFIA Loan requisition received and disbursement made with regard to the Project), so that audits may be performed to ensure compliance with and enforcement of this Agreement. The Borrower shall use accounting, audit and fiscal procedures conforming to GASB, including, with respect to the TIFIA Loan, accounting of principal and interest payments, disbursements, prepayments and calculation of interest and principal amounts outstanding under the Indenture and this Agreement.

Accounting and Audit Procedures; Inspections; Reports and Records. (a) The Borrower shall establish fiscal controls and accounting procedures sufficient to assure proper accounting for all Project-related transactions (including collection of Pledged ReceiptsTaxes, and any other revenues attributable to the Project, and the TIFIA Loan requisition requisitions received and disbursement disbursements made with regard to the Project), so that audits may be performed to ensure compliance with and enforcement of this Agreement. The Borrower shall use accounting, audit and fiscal procedures conforming to GASBGAAP, including, with respect to the TIFIA Loan, accounting of principal and interest payments, disbursements, prepayments and calculation of interest and principal amounts outstanding under the Indenture and this Agreementoutstanding.

Accounting and Audit Procedures; Inspections; Reports and Records. (a) The Borrower shall establish fiscal controls and accounting procedures sufficient to assure proper accounting for all MCA Project-related transactions (including collection of Pledged ReceiptsTaxes, and any other revenues attributable to the Project, and the TIFIA Loan requisition Loans requisitions received and disbursement disbursements made with regard to the each Funded MCA Project), so that audits may be performed to ensure compliance with and enforcement of this AgreementAgreement and each other TIFIA MCA Document. The Borrower shall use accounting, audit and fiscal procedures conforming to GASBGAAP, including, with respect to the TIFIA LoanLoans, accounting of principal and interest payments, disbursements, prepayments and calculation of interest and principal amounts outstanding under the Indenture and this Agreementoutstanding.

Accounting and Audit Procedures; Inspections; Reports and Records. (a) The Borrower shall establish fiscal controls and accounting procedures sufficient to assure proper accounting for all Project-related transactions (including collection of Pledged ReceiptsRevenues, and any other revenues attributable to the Project, and the TIFIA Loan requisition requisitions received and disbursement disbursements made with regard to the Project), so that audits may be performed to ensure compliance with and enforcement of this Agreement. The Borrower shall use accounting, audit and fiscal procedures conforming to GASB, including, with respect to the TIFIA Loan, accounting of principal and interest payments, disbursements, prepayments and calculation of interest and principal amounts outstanding under the Indenture and this Agreementoutstanding.

Accounting and Audit Procedures; Inspections; Reports and Records. (a) The Borrower Concessionaire shall establish fiscal controls and accounting procedures sufficient to assure proper accounting for all Project-related transactions (including collection of Pledged ReceiptsRevenues, and any other revenues attributable to the Project, and the TIFIA Loan requisition requisitions received and disbursement disbursements made with regard to the Project), so that audits may be performed to ensure compliance with and enforcement of this Agreement. The Borrower Concessionaire shall use accounting, audit and fiscal procedures conforming to GASBGAAP, including, with respect to the TIFIA Loan, accounting of principal and interest payments, disbursements, prepayments and calculation of interest and principal amounts outstanding under the Indenture and this Agreementoutstanding.