Common use of Allocation; Records Clause in Contracts

Allocation; Records. Admin will use commercially reasonable efforts to maintain an allocation schedule reflecting the direct and indirect costs of the Provided Personnel Expenses based on the services that the Provided Personnel have provided to the General Partner in relation to the Assets. The General Partner will use commercially reasonable efforts to keep and maintain books/records reflecting hours worked and costs and expenses incurred in connection with each of the Provided Personnel. The General Partner and its representatives will have the right to audit such records and such other records as the General Partner may reasonably require in connection with its verification of the Provided Personnel Expenses during regular business hours and on reasonable prior notice.

Appears in 5 contracts

Samples: Services and Secondment Agreement (PennTex Midstream Partners, LP), Services and Secondment Agreement (PennTex Midstream Partners, LP), Services and Secondment Agreement (PennTex Midstream Partners, LP)

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