Financial and business Records. (1) The Provider must operate in accordance with sound financial and business management principles, procedures, and practices.
(2) The Provider must maintain full and proper financial and business Records in accordance with generally accepted accounting principles, procedures, and practices, and best business practice generally, and any legal obligations applicable to the Provider.
(3) The Provider must be able to account for any Services it provides in a way that ensures financial separation between those Services and any other activities it is engaged in.
Financial and business Records. (a) As soon as practicable, but in no event later than 30 Business Days after the Closing, Seller will deliver to Buyer originals or copies of all material Records in its possession. To the extent any such Records are used in connection with any of Seller’s businesses other than CLF&P, Seller may deliver photocopies or other reproductions from which information concerning any of Seller’s businesses other than CLF&P has been deleted.
(b) After the Closing, Buyer will afford to Seller and its representatives access during normal business hours with reasonable notice to all Records, and to such other information, and will furnish such cooperation relating to CLF&P, as Seller reasonably requests for financial reporting and accounting matters, the preparation of the Closing Date Balance Sheet and the calculation of the Preliminary Closing Date Net Working Capital and the Preliminary Closing Date Capital Expenditures, the preparation and filing of any Tax Returns, the defense of Tax and indemnity claims, and any other purposes related to this Agreement or the contemplated transactions.
Financial and business Records. Foundation shall, on behalf of District, maintain accurate financial and business records pertaining to the operation of the District. Foundation agrees to maintain such records at all times during the Term of this Agreement. Upon the termination or expiration of this Agreement, Foundation agrees to transfer or transfer control of such records to District. Foundation also agrees that, consistent with applicable federal and State laws and rules and regulations concerning the maintenance and disclosure of such records, the District’s financial records shall be made available to the Commissioner on behalf of District, DESE or SBE upon request, or any appropriate regulatory agency entitled by law to review such records. Foundation also acknowledges that all financial statements and records pertaining to the District are subject to an independent annual audit. Foundation agrees to cooperate fully with the independent auditor and to make available all financial and other records pertaining to District to such independent auditor as requested in a timely manner.
Financial and business Records. Seller shall retain possession of all of its business records. For a period of three (3) years following the Closing, each party shall have access to and the right to make extracts from all business records concerning the Jaguar Products or Acquired Assets necessary to permit the preparation, audit, and filing of financial statements, tax returns, or similar records and reports, including tax auditing or review of the foregoing. Each of the parties shall cooperate, to the extent reasonably necessary, to assist in connection with the foregoing and each shall file, on a timely basis, Form 8594 and any other information required under Section 1060 and 338 of the Internal Revenue Code.
Financial and business Records. The financial statements as of June 30, 1997 and November 7, 1997 which have been delivered to Purchaser are accurate, correct and complete in all material respects. Further, such financial statements were prepared in accordance with the books of account and records of the Seller and they present fairly the financial condition and results of operations as of the date and for the periods indicated. There have been no significant changes in the accounting methods or practices of the Seller for the periods evidenced by the financial statements. The Seller has made and kept books and records in sufficient detail to reflect accurately and fairly its activities and transactions. All of the corporate and business books and records have been made available to Purchaser and are in all material respects complete and correct and have been maintained in accordance with good, sound and consistent business practices and the applicable standards for reporting financial information in France.
Financial and business Records. Within 30 days of Closing, Seller shall provide to Buyer all Records that relate to Black Mountain, including customer lists and billing records, financial statements, subsidiary ledgers, tax records, personnel and payroll records of the Employees, manuals, system maps, rights-of-way, property titles, qualifications and training records, operation and maintenance records, engineering design plans, blue prints and as-built plans, specifications procedures and similar items relating specifically to Black Mountain. Further, Seller shall provide all information and affidavits sufficient to substantiate the Black Mountain current pipeline maximum allowable operating pressures including material records, pressure recording charts and pressure test records. To the extent any such Records are susceptible to duplication and are either (i) used in connection with any of Seller’s businesses other than Black Mountain or (ii) are required by law to be retained by Seller, Seller may deliver photo copies or other reproductions from which, in the case of Records referred to in clause (i), information solely concerning any of Seller’s businesses other than Black Mountain has been deleted.
Financial and business Records
