Inspection and Auditing of Trust Company. To the extent Trust Company may legally do so, it shall permit Client’s auditors or third-party accountants, upon reasonable notice, to inspect, take extracts from and audit the records maintained pursuant to Section 9.1, take such steps as necessary to verify that satisfactory internal control system and procedures are in place, and visit and inspect the systems on which the Digital Assets are held, all at such times as Client may reasonably request. Client shall reimburse Trust Company (A) for all reasonable expenses incurred in connection with this Section 9.3, and (B) for reasonable time spent by Trust Company’s employees or consultant in connection with this Section 9.3 at reasonable hourly rates to be agreed upon by Client and Trust Company.
Appears in 6 contracts
Samples: Trust Company Custodial Services Agreement (Grayscale Horizen Trust (ZEN)), Trust Company Custodial Services Agreement (Grayscale Zcash Trust (ZEC)), Trust Company Custodial Services Agreement (Grayscale Stellar Lumens Trust (XLM))