Common use of Internal Audit Services Clause in Contracts

Internal Audit Services. The Manager shall provide to the Company, or arrange to be provided by third parties approved by the Company, an internal audit function meeting applicable requirements of the Stock Exchange and the SEC and otherwise in scope approved by the Company’s Audit Committee. In addition to the Fees, the Company agrees to reimburse the Manager, within thirty (30) days of the receipt of the invoice therefor, the Company’s pro rata share (as reasonably agreed to by a majority of the Independent Trustees from time to time) of the following:

Appears in 16 contracts

Samples: Business Management Agreement, Business Management Agreement (Industrial Logistics Properties Trust), Business Management Agreement (RMR Group Inc.)

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