Common use of Audits and Financial Statements Clause in Contracts

Audits and Financial Statements. Company shall prepare annual financial statements for the operations of VERO II and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. 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 VERO II and Company. If Company elects not to have VERO II's financial statements so audited, 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 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, which shall be delivered to VERO II 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 VERO II ROAII and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. VERO II 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 VERO II ROAII and Company. If Company elects not to have VERO IIROAII's financial statements so audited, VERO II 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 VERO II 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, which shall be delivered to VERO II 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 VERO II GCOA and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. VERO II 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 VERO II GCOA and Company. If Company elects not to have VERO IIGCOA's financial statements so audited, VERO II 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 VERO II 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, which shall be delivered to VERO II 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 VERO II TOC and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. VERO II 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 VERO II TOC and Company. If Company elects not to have VERO IITOC's financial statements so audited, VERO II 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 VERO II 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 VERO II 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 VERO Princeton II and, in its sole discretion, may cause the financial statements to be audited by a certified public accountant selected by Company. VERO Princeton 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 VERO Princeton II and Company. If Company elects not to have VERO Princeton II's financial statements so audited, VERO Princeton 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 VERO Princeton 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, which shall be delivered to VERO Princeton II within thirty (30) business days after the close of each calendar month.