Common use of Books and Records; Inspection Clause in Contracts

Books and Records; Inspection. (a) The Company shall keep, or cause to be kept, complete and accurate books and records of account of the Company. The Company shall maintain the following at its principal business office: (i) a writing setting forth the sole Member's full name and last known business address; (ii) a copy of the Certificate, including all certificates of amendment thereto and executed copies of all powers of attorney pursuant to which the Certificate or any certificate of amendment has been executed; (iii) copies of the Company's Federal, state and local income tax returns and reports, if any, for the three (3) most recent Fiscal Years of the Company; (iv) copies of this Agreement and of any financial statements of the Company for the three (3) most recent Fiscal Years of the Company; and (v) all other records required to be maintained pursuant to the Act. (b) The sole Member shall have the right, at all reasonable times and upon reasonable notice during usual business hours, to audit, examine and make copies of or extracts from the books of account of the Company for any purpose reasonably related to such Member's interest as the sole Member of the Company. Such right may be exercised through any agent or employee of such Member designated by it or by a certified public accountant designated by such Member. The sole Member shall bear all expenses incurred in any examination made for such Member's account.

Books and Records; Inspection. (a) The Company shall keep, or cause to be kept, complete and accurate books and records of account of the Company. The Company shall maintain the following at its principal business office: (i) a writing setting forth the sole Member's ’s full name and last known business address; (ii) a copy of the Certificate, including all certificates of amendment thereto and executed copies of all powers of attorney pursuant to which the Certificate or any certificate of amendment has been executed; (iii) copies of the Company's ’s Federal, state and local income tax returns and reports, if any, for the three (3) most recent Fiscal Years of the Company; (iv) copies of this Agreement and of any financial statements of the Company for the three (3) most recent Fiscal Years of the Company; and (v) all other records required to be maintained pursuant to the Act. (b) The sole Member shall have the right, at all reasonable times and upon reasonable notice during usual business hours, to audit, examine and make copies of or extracts from the books of account of the Company for any purpose reasonably related to such Member's ’s interest as the sole Member of the Company. Such right may be exercised through any agent or employee of such Member designated by it or by a certified public accountant designated by such Member. The sole Member shall bear all expenses incurred in any examination made for such Member's ’s account.