Common use of Audits and Financial Statements Clause in Contracts

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of TOC and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. TOC shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on TOC and Company. If Company elects not to have TOC's financial statements so audited, TOC shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and TOC shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, and such other matters as TOC may reasonably request which shall be delivered to TOC within thirty (30) business days after the close of each calendar month.

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of TOC ROAII and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. TOC ROAII shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on TOC ROAII and Company. If Company elects not to have TOCROAII's financial statements so audited, TOC ROAII shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and TOC ROAII shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, and such other matters as TOC may reasonably request which shall be delivered to TOC ROAII within thirty (30) business days after the close of each calendar month.

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of TOC GCOA and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. TOC GCOA shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on TOC GCOA and Company. If Company elects not to have TOCGCOA's financial statements so audited, TOC GCOA shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and TOC GCOA shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, and such other matters as TOC may reasonably request which shall be delivered to TOC GCOA within thirty (30) business days after the close of each calendar month.

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of TOC VERO II and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. TOC VERO II shall cooperate fully in such audit. The cost of such audit shall be included in Clinic Expenses. If Company elects to have the financial statements audited by a certified public accountant with a big six accounting firm, the resulting audited financial statements shall be binding on TOC VERO II and Company. If Company elects not to have TOCVERO II's financial statements so audited, TOC VERO II shall have the option to obtain such an audit, by a certified public accountant with a mutually acceptable accounting firm. Company shall fully cooperate in such audit. The cost of such audit shall be included in Clinic Expenses. In such event, Company and TOC VERO II shall be bound by the resulting audited financial statements. All parties shall be entitled to copies of any information provided to or by the auditors by or to any party. Additionally, Company shall prepare monthly unaudited financial statements containing a balance sheet and statements of income from Practice Office operations, and such other matters as TOC may reasonably request which shall be delivered to TOC VERO II within thirty (30) business days after the close of each calendar month.