Common use of Audited accounts Clause in Contracts

Audited accounts. 27.1.1 The Concessionaire shall maintain books of accounts recording all its receipts (including all revenues derived collected by it from or on account of the Project and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right to inspect the records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange.

Audited accounts. 27.1.1 26.1.1. The Concessionaire SPD shall maintain books of accounts recording all its receipts (including all revenues derived derived/collected by it from or on account of the Project Solar Rooftop Power System and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire SPD shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority Railways shall have the right to inspect the records of the Concessionaire SPD during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority Railways for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 26.1.2. The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire SPD shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority Railways its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange. 26.1.3. On or before the 31st (thirty-first) day of May each Year, the SPD shall provide to Railways, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarised information on tariff received nd other revenues derived from the Solar Rooftop Power System, and such other information as Railways may reasonably require.

Audited accounts. 27.1.1 18.1.1. The Concessionaire Service Provider shall maintain books of accounts recording all its receipts (including all revenues derived / collected by it from or on account of the Project and/or and / or its use), income, expenditure, payments (including payments from the Escrow Account)payments, assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire Service Provider shall provide 2 (two) copies of its Balance Sheetbalance sheet, Cash Flow Statement cash flow statement and Profit profit and Loss Accountloss account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right to inspect the records of the Concessionaire Service Provider during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 18.1.2. The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire Service Provider shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange. 18.1.3. On or before the expiry of 2 (two) months from the end of each Accounting Year, the Service Provider shall provide to the Authority, for that Accounting Year, a statement duly audited by its Statutory Auditors giving summarised information on (a) the bills raised by the Service Provider for payment by the Authority, (b) the payments received and other revenues derived from the Authority, and (c) such other information as the Authority may reasonably require.

Audited accounts. 27.1.1 26.1.1. The Concessionaire SPD shall maintain books of accounts recording all its receipts (including all revenues derived derived/collected by it from or on account of the Project Solar Power System and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire SPD shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority Railways shall have the right to inspect the records of the Concessionaire SPD during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority Railways for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 26.1.2. The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire SPD shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority Railways its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange. 26.1.3. On or before the 31st (thirty-first) day of May each Year, the SPD shall provide to Railways, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarized information on tariff received nd other revenues derived from the Solar Power System, and such other information as Railways may reasonably require.

Audited accounts. 27.1.1 26.1.1. The Concessionaire SPD shall maintain books of accounts recording all its receipts (including all revenues derived derived/collected by it from or on account of the Project Solar Rooftop Power System and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire SPD shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority Railways shall have the right to inspect the records of the Concessionaire SPD during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority Railways for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 26.1.2. The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire SPD shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority Railways its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange. 26.1.3. On or before the 31st (thirty-first) day of May each Year, the SPD shall provide to Railways, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarised information on tariff received and other revenues derived from the Solar Rooftop Power System, and such other information as Railways may reasonably require.

Audited accounts. 27.1.1 21.1.1 The Concessionaire Operator shall maintain books of accounts recording all its receipts (including all Revenue and other revenues derived derived/collected by it from or on account of the Project and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire Operator shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, Account along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, accounts shall form the basis of payments by either Party under this Agreement. The Authority SPV or its appointed representative shall have the right to inspect the records of the Concessionaire Operator during office hours and require copies of relevant extracts of books of accounts, accounts duly certified by the Statutory Auditors, Auditors to be provided to the Authority SPV for verification of basis of payments, payments and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 21.1.2 The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire Operator shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority SPV its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange. 21.1.3 On or before the last day of June each Year, the Operator shall provide to the SPV, for the preceding Contract Year, the statements along with a statement duly audited by its Statutory Auditors giving summarised information on (a) the number of events conducted at the Project Facilities, (b) space in sq. mts. Sold at each event, (c) number of attendees at each such event and (d) such other information as the SPV may reasonably require.

Audited accounts. 27.1.1 25.1.1 The Concessionaire shall maintain books of accounts recording all its receipts (including all revenue from sale of power and other revenues derived derived/collected by it from or on account of the Project and/or its use), income, expenditure, payments (including payments from the Escrow Account)payments, assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority ULB shall have the right to inspect the records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority ULB for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 25.1.2 The Concessionaire shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority ULB its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange.

Audited accounts. 27.1.1 33.1.1 The Concessionaire Mine Operator shall maintain books of accounts recording all its receipts (including revenues from Mining Charge and all revenues derived incomes derived/collected by it from or on account of the Project and/or its useMines and Coal), income, expenditure, payments (including payments from the Escrow Account)payments, assets and liabilities, in accordance with this Agreement, Good Standard Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire Mine Operator shall provide 2 (two) copies of its Balance Sheetbalance sheet, Cash Flow Statement cash flow statement and Profit profit and Loss Accountloss account, along with a report thereon by its Statutory Auditors, within [90 (ninety) )] days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right to inspect the records of the Concessionaire Mine Operator during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 33.1.2 The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire Mine Operator shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange. 33.1.3 On or before the 31st (thirty-first) day of May each Accounting Year, the Mine Operator shall provide to the Authority, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarised information on (a) receipts on account of Mining Charge, (b) all other revenues from, or account of the Mines, and (c) such other information as the Authority may reasonably require.

Audited accounts. 27.1.1 33.1.1 The Concessionaire Mine Operator shall maintain books of accounts recording all its receipts (including revenues from Mining Charge and all revenues derived incomes derived/collected by it from or on account of the Project and/or its useMines and Coal), income, expenditure, payments (including payments from the Escrow Account)payments, assets and liabilities, in accordance with this Agreement, Good Standard Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire Mine Operator shall provide 2 (two) copies of its Balance Sheetbalance sheet, Cash Flow Statement cash flow statement and Profit profit and Loss Accountloss account, along with a report thereon by its Statutory Auditors, within [90 (ninety) )] days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right to inspect the records of the Concessionaire Mine Operator during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 33.1.2 The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire Mine Operator shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange. 33.1.3 On or before the thirty-first day of May each Accounting Year, the Mine Operator shall provide to the Authority, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarised information on (a) receipts on account of Mining Charge, (b) all other revenues from, or account of the Mines, and (c) such other information as the Authority may reasonably require.

Audited accounts. 27.1.1 The Concessionaire shall maintain books of accounts recording all its receipts (including all revenues derived collected by it from or on account of the Project and/or its use), income, expenditure, payments (including payments from the Escrow Account), assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire shall provide 2 (two) copies of its Balance Sheet, Cash Flow Statement and Profit and Loss Account, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right to inspect the records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 The ADB Authority shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB Authority and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 The Concessionaire shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange.

Audited accounts. 27.1.1 35.1.1 The Concessionaire shall maintain books of accounts recording all its receipts (including all Fees, Tuition Fees and other revenues derived derived/collected by it from or on account of the Project Medical Facility and/or its use), income, expenditure, payments (including payments from the Escrow Account)payments, assets and liabilities, in accordance with this Agreement, Good Industry Practice, Applicable Laws and Applicable Permits. The Concessionaire shall provide 2 (two) copies of its Balance Sheet, Cash Flow Financial Statement and Profit and Loss AccountAnnual Return, along with a report thereon by its Statutory Auditors, within 90 (ninety) days of the close of the Accounting Year to which they pertain and such audited accounts, save and except where expressly provided to the contrary, shall form the basis of payments by either Party under this Agreement. The Authority shall have the right to inspect the records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, duly certified by the Statutory Auditors, to be provided to the Authority for verification of basis of payments, and in the event of any discrepancy or error being found, the same shall be rectified and such rectified account shall form the basis of payments by either Party under this Agreement. 27.1.2 The ADB shall have the right to inspect the site/records of the Concessionaire during office hours and require copies of relevant extracts of books of accounts, records, and other documents relating to Bid submission and contract performance duly certified by the Statutory Auditors, to be provided to the ADB and in the event of any discrepancy or error being found, the same shall be rectified. 27.1.3 35.1.2 The Concessionaire shall, within 30 (thirty) days of the close of each quarter of an Accounting Year, furnish to the Authority its unaudited financial results in respect of the preceding quarter, in the manner and form prescribed by the Securities and Exchange Board of India for publication of quarterly results by the companies listed on a stock exchange. 35.1.3 On or before the thirty-first day of May each Year, the Concessionaire shall provide to the Authority, for the preceding Accounting Year, a statement duly audited by its Statutory Auditors giving summarised information on (a) the number of Patients using the Hospital and liable for payment of Fees therefor, (b) the number of Students using the Medical College and liable for payment of Tuition Fees therefor, (c) Fees and Tuition Fees charged and received and other revenues derived from the Medical Facilities, and