Common use of Developer Books and Records Clause in Contracts

Developer Books and Records. Developer shall maintain books and records of all: (i) Gross Revenues; (ii) application of Funding Sources to Qualified Project Costs; and (iii) Project Costs, organized by Major Phases, in accordance with generally accepted accounting principles consistently applied, or in another auditable form Approved by Authority (the “Records”). Developer shall maintain Records for each Major Phase in the City or at another location Approved by Authority for at least four (4) years after the applicable Major Phase closing date. After reasonable notice, Developer shall make the Records available to Authority at reasonable times.

Developer Books and Records. Developer shall maintain books and records of all: (i) Gross Revenues; (ii) application of Funding Sources to Qualified Project Costs; and (iii) Project Costs, organized by Major PhasesPhases (the “Records”), in accordance with generally accepted accounting principles consistently applied, or in another auditable form Approved by Authority (the “Records”)Agency. Developer shall maintain the Records for each Major Phase in the City or at another location Approved by Authority for at least four (4) years after the applicable Major Phase closing dateClosing Date, subject to Section 1.8(g). After reasonable notice, Developer shall make the Records available to Authority the Agency at reasonable times.

Developer Books and Records. Developer shall maintain books and records of all: (i) Gross Revenues; (ii) application of Funding Sources to Qualified Project Costs; and (iii) Project Costs, organized by Major Phases, in accordance with generally accepted accounting principles consistently applied, or in another auditable form Approved by Authority (the “Records”). Developer shall maintain Records for each Major Phase in the City or at another location Approved by the Authority for at least four (4) years after the applicable Major Phase closing date, subject to Section 1.6(g). After reasonable notice, Developer shall make the Records available to Authority at reasonable times.