Common use of Administration and Records Clause in Contracts

Administration and Records. 10.1 The Trustee shall keep or cause to be kept accurate and detailed accounts of any investments, receipts, disbursements, and other transactions hereunder, and all such accounts, books and records shall be open to inspections and audit at all reasonable times by any person designated by the Company. All such accounts, books and records shall be preserved (in original form, or on microfilm, magnetic tape or any other similar process) for such period as the Trustee may determine, but the Trustee may only destroy such accounts, books and records after first notifying the Company in writing of his intention to do so and transferring to the Company any of such accounts, books and records requested.

Administration and Records. 10.1 9.1 The Trustee shall keep or cause to be kept accurate and detailed accounts of any investments, receipts, disbursements, disbursements and other transactions hereunder, and all such accounts, books and records relating thereto shall be open to inspections inspection and audit at all reasonable times by any person designated by the Company. All such accounts, books and records shall be preserved (in original form, or on microfilmmicro-film, magnetic tape or any other similar process) for such period as the Trustee may determine, but the Trustee may only destroy such accounts, books and records after first notifying the Company in writing of his their intention to do so and transferring to the Company any of such accounts, books and records requested.

Administration and Records. 10.1 The Trustee shall keep or cause to be kept accurate and detailed accounts of any investments, receipts, disbursements, disbursements and other transactions hereunder, and all such accounts, books and records relating thereto shall be open to inspections inspection and audit at all reasonable times by any person designated by the Company. All such accounts, books and records shall be preserved (in original form, or on microfilm, magnetic tape or any other similar process) for such period as the Trustee may determine, but the Trustee may only destroy such accounts, books and records after first notifying the Company in writing of his its intention to do so and transferring to the Company any of such accounts, books and records requested.