Common use of Maintenance of Accounts and Records Clause in Contracts

Maintenance of Accounts and Records. Tenant shall keep true records and books of account of Tenant in which full, true and correct entries will be made of dealings and transactions in relation to the business and affairs of Tenant and the Hotel in accordance with GAAP. Provided Landlord shall give to Tenant at least ten (10) Business Days written notice of Landlord's desire to audit such accounts and records, Landlord, at its expense, shall have the right to audit such accounts and records during normal business hours. Not more than one (1) such audit shall be conducted within any twelve (12) month period. Landlord shall keep in confidence all information which it might gain or gather from the examination or audit of Tenant's accounts and records, unless required to disclose such information pursuant to Applicable Laws.

Maintenance of Accounts and Records. Tenant shall keep true records and books of account of Tenant in which full, true and correct entries will be made of dealings and transactions in relation to the business and affairs of Tenant and the Hotel Facility in accordance with GAAP. Provided Landlord shall give to Tenant at least ten (10) Business Days written notice of Landlord's desire to audit such accounts and records, Landlord, at its expense, shall have the right to audit such accounts and records during normal business hours. Not more than one (1) such audit shall be conducted within any twelve (12) month period. Landlord shall keep in confidence all information which it might gain or gather from the examination or audit of Tenant's accounts and records, unless required to disclose such information pursuant to Applicable Laws.

Maintenance of Accounts and Records. Tenant shall keep true records and books of account of Tenant in which full, true and correct entries will be made of dealings and transactions in relation to the business and affairs of Tenant and the each Hotel in accordance with GAAP. Provided Landlord shall give to Tenant at least ten (10) Business Days written notice of Landlord's desire to audit such accounts and records, Landlord, at its expense, shall have the right to audit such accounts and records during normal business hours. Not more than one (1) such audit shall be conducted within any twelve (12) month period. Landlord shall keep in confidence all information which it might gain or gather from the examination or audit of Tenant's accounts and records, unless required to disclose such information pursuant to Applicable Laws.