Common use of Internal Controls Environment Clause in Contracts

Internal Controls Environment. Manager shall continuously maintain an internal control environment that is customary and consistent with the size and complexity of Owner’s business. At Owner’s expense, Owner may hire consultants and other advisors to further develop and refine Manager’s internal controls. Manager agrees, at Owner’s expense, to implement all reasonable suggestions Owner makes to modify internal controls and agrees to periodic testing and remediation of any identified deficiencies. Manager also agrees to assist in an audit of the internal controls if requested by Owner, to be completed at Owner’s expense and in accordance with Section 4.05 herein.

Appears in 6 contracts

Samples: Management Agreement (Vinebrook Homes Trust, Inc.), Management Agreement (Vinebrook Homes Trust, Inc.), Management Agreement (Vinebrook Homes Trust, Inc.)

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