Common use of MAINTANENCE OF BOOKS Clause in Contracts

MAINTANENCE OF BOOKS. Servicer and the Company each shall maintain its own books, accounts and records in such a way as to disclose clearly and accurately the nature and detail of the transactions between them, including such accounting information as is necessary to support the reasonableness of charges under this Agreement, and such additional information as the Company may reasonably request for purposes of its internal bookkeeping and accounting operations. Provider shall keep such books, records and accounts insofar as they pertain to the computation of charges hereunder available for audit, inspection and copying by the Company and persons authorized by it or any governmental agency having jurisdiction over the Company during all reasonable business hours. Such books and records shall be maintained for a period of time according to applicable statutory provisions.

Appears in 6 contracts

Samples: Service Agreement (Allianz Life of Ny Variable Account C), Service Agreement (Allianz Life of Ny Variable Account C), Service Agreement (Allianz Life of Ny Variable Account C)

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