Books Records and Reporting. Manager will, on behalf of Property Owners, keep such accurate and complete files, books, and records pertaining to its performance under this Agreement and the management of each Property, and such other files, books, and records as Property Owners may reasonably request, for a period of not less than three (3) years after the date of termination or expiration of this Agreement for any reason other than a termination of this Agreement by Property Owners (upon such termination, Manager shall promptly turn over all such matters to Owner, subject to the limitations in Section 3). Such books and records will include office records, bills, receipts, vouchers, bank statements, books and records relating to the operation of the Properties maintained on a cash basis, monthly summaries of accounts receivable and accounts payable and the reports described in Exhibit C hereto as therein provided. All such files, books, records and checks will be kept in a secure location and separate from records relating to other purposes at Property Owners' cost and expense. During the Term and during the three (3) year period following the expiration or termination of the Term, Property Owners and their agents, representatives, employees, or auditors may, at Property Owners' cost and expense, at such reasonable times and business hours as Property Owners may determine, inspect, audit, and copy any of Manager's records, files, reports, and related materials pertaining to the Properties or to Manager's performance under this Agreement. If an audit by Property Owners discloses any sum due Property Owners by Manager, Manager will promptly reimburse Property Owners for any amounts due.
Books Records and Reporting. COIC will maintain separate books and records concerning this Agreement and the Project (i.e., the books and records will not be combined or mixed with any other COIC matters). COIC will make books, records and reporting concerning this Agreement and the Project available to the Executive Council at every meeting.
Books Records and Reporting. Section 3.01 Books and Records 4 Section 3.02 Audits 4 Section 3.03 Reports 4 ARTICLE IV
Books Records and Reporting
