County Audits. Each year, Borrower shall provide the County with a copy of Borrower's annual audit, which is to include information on all of Borrower's activities and not just those pertaining to the Development. In addition, the County may, at any time, audit all of Borrower's books, records, and accounts pertaining to the Development. Any such audit is to be conducted during normal business hours at the principal place of business of Borrower and wherever records are kept. Immediately after the completion of an audit, the County shall deliver a copy of the results of the audit to Borrower.
Appears in 2 contracts
Samples: Predevelopment Loan Agreement, Technical Assistance Loan Agreement
County Audits. Each year, Borrower shall provide the County with a copy of Borrower's annual audit, which is to shall include information on all of Borrower's activities and not just those pertaining to the Development. In addition, the County may, or any designated agent or employee of the County at any time, time shall be entitled to audit all of Borrower's books, records, and accounts pertaining to the Developmentthereto. Any such Such audit is to shall be conducted during normal business hours at the principal place of business of Borrower and wherever other places where records are kept. Immediately after the completion of an audit, the County shall deliver a copy of the results of the such audit to Borrower.
Appears in 2 contracts
Samples: Loan Agreement, CDBG and Home Loan Agreement
County Audits. Each year, Borrower shall provide the County with a copy of Borrower's annual audit, which is to include information on all of Borrower's activities and not just those pertaining to the DevelopmentProperty. In addition, the County may, or any designated agent or employee of the County at any time, time is entitled to audit all of Borrower's books, records, and accounts pertaining to the Developmentthereto. Any such Such audit is to be conducted during normal business hours at the principal place of business of Borrower and wherever other places where records are kept. Immediately after the completion of an audit, the County shall will deliver a copy of the results of the such audit to Borrower.
Appears in 1 contract
Samples: CDBG Loan Agreement
County Audits. (a) Each year, Borrower shall provide the County with a copy of BorrowerXxxxxxxx's annual audit, which is to include information on all of Borrower's activities and not just those pertaining to the Development. .
(b) In addition, the County may, at any time, audit all of Borrower's books, records, and accounts pertaining to the Development. Any such audit is to be conducted during normal business hours at the principal place of business of Borrower and wherever records are kept. Immediately after the completion of an audit, the County shall deliver a copy of the results of the audit to Borrower.
Appears in 1 contract
Samples: Hopwa Loan Agreement