Common use of Information and Audit Cooperation Clause in Contracts

Information and Audit Cooperation. Within 75 days after the Closing Date, Seller, at Purchaser’s sole cost and expense and at no cost or expense to Seller, shall allow Purchaser’s auditors access to the books and records of Seller relating to the operation of the Real Property and Improvements for the three (3) year period prior to the Closing Date to enable Purchaser to comply with any financial reporting requirements applicable to Purchaser, upon at least three (3) Business Days prior written notice to Seller. In addition, Seller shall provide Purchaser’s designated independent auditors a representation letter regarding the books and records of the Real Property and Improvements in substantially the form attached hereto as Exhibit H.

Appears in 2 contracts

Samples: Member Interest Purchase and Sale Agreement (Dividend Capital Total Realty Trust Inc.), Member Interest Purchase and Sale Agreement (Istar Financial Inc)

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Information and Audit Cooperation. Within 75 days after the Closing Date, Seller, at Purchaser’s sole cost and expense and at no cost or expense to Seller, shall allow Purchaser’s auditors access to the books and records of Seller relating to the operation of the Real Property and Improvements Properties for the three (3) two year period prior to the Closing Date to enable Purchaser to comply with any financial reporting requirements applicable to Purchaser, upon at least three (3) Business Days prior written notice to Seller. In addition, Seller shall provide Purchaser’s designated independent auditors a representation letter regarding the books and records of the Real Property and Improvements Properties in substantially the form attached hereto as Exhibit H.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Dividend Capital Total Realty Trust Inc.), Purchase and Sale Agreement (Istar Financial Inc)

Information and Audit Cooperation. Within 75 seventy (75) days after the Closing Date, Seller, at Purchaser’s sole cost and expense and at no cost or expense to Seller, the Sellers shall allow the Purchaser’s auditors access to the books and records of Seller the Sellers relating to the operation of the Real Property and Improvements Properties for the three (3) two year period prior to the Closing Date to enable the Purchaser to comply with any financial reporting requirements applicable to the Purchaser, upon at least three (3) Business Days prior written notice to Sellerthe Sellers. In addition, Seller the Sellers shall provide the Purchaser’s designated independent auditors a representation letter regarding the books and records of the Real Property and Improvements Properties in substantially the form attached hereto as Exhibit H.EXHIBIT MM.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Dividend Capital Total Realty Trust Inc.)

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Information and Audit Cooperation. Within 75 days after the Closing Date, Seller, at Purchaser’s sole cost and expense and at no cost or expense to Seller, shall allow Purchaser’s auditors access to the books and records of Seller relating to the operation of the Real Property and Improvements for the three two (32) year period prior to the Closing Date to enable Purchaser to comply with any financial reporting requirements applicable to Purchaser, upon at least three (3) Business Days prior written notice to Seller. In addition, Seller shall provide Purchaser’s designated independent auditors a representation letter regarding the books and records of the Real Property and Improvements in substantially the form attached hereto as Exhibit H.

Appears in 1 contract

Samples: Partnership Interests Purchase and Sale Agreement (Dividend Capital Total Realty Trust Inc.)

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