Common use of Maintenance of and Access to Contracts and Other Books and Records Clause in Contracts

Maintenance of and Access to Contracts and Other Books and Records. Each NASCAR Rights Affiliate will maintain for a period of four (4) years from the date of the Event (a) true and complete copies of any written Live Broadcast Rights Contract relating to the Event and/or any Ancillary Rights Contract generating Event Net Ancillary Rights Income, (b) such books and records as are commercially reasonable for the purpose of auditing its Live Broadcast Income and Net Ancillary Rights Income before Industry Expenses and after Income Tax Provision received during the calendar year in which the Event is held. Each NASCAR Rights Affiliate will permit PROMOTER or its authorized agent to inspect and audit any or all such contracts, books and records, wherever they may be located or at any other mutually agreeable location, but only upon reasonable notice and at such reasonable times as determined by the NASCAR Rights Affiliate, and only at the business premises of the NASCAR Rights Affiliate where they are located, and subject at all times to Section 36 (relating to confidentiality and proprietary information).