Common use of Books and Records; Right of Partners to Audit Clause in Contracts

Books and Records; Right of Partners to Audit. (a) Proper and complete records and books of account of the Partnership's business, including all such transactions and other matters as are usually entered into records and books of account maintained by businesses of like character or as are required by law, shall be kept by the Partnership at the Partnership's principal place of business. None of the Partnership's funds shall be commingled with the funds of any Partner.

Appears in 9 contracts

Samples: Lease Agreement (Equistar Chemicals Lp), Lease Agreement (Equistar Funding Corp), Lease Agreement (Lyondell Chemical Co)

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Books and Records; Right of Partners to Audit. (a) Proper and complete records and books of account of the Partnership's ’s business, including all such transactions and other matters as are usually entered into records and books of account maintained by businesses of like character or as are required by law, shall be kept by the Partnership at the Partnership's ’s principal place of business. None of the Partnership's ’s funds shall be commingled with the funds of any Partner.

Appears in 5 contracts

Samples: Lease Agreement (Millennium Chemicals Inc), Lease Agreement (Equistar Chemicals Lp), Agreement (Equistar Chemicals Lp)

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Books and Records; Right of Partners to Audit. (a) Proper and complete records and books of account of the Partnership's business, including all such transactions and other matters as are usually entered into records and books of account maintained by businesses of like character or as are required by lawApplicable Law, shall be kept by the Partnership at the Partnership's principal place of businessbusiness for at least five years after the year to which they relate or such longer period as may be required under Applicable Law. None of the Partnership's funds shall be commingled with the funds of any Partner.

Appears in 1 contract

Samples: Limited Partnership Agreement (Lyondell Chemical Co)

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