Common use of Open Book Obligations Clause in Contracts

Open Book Obligations. 20.1 The Grant Recipient shall on an Open Book Basis: 20.1.1 at all times maintain a full record of particulars of all the income (including Public Sector Funding) received and Development Costs incurred by the Grant Recipient in respect of each Named Project; 20.1.2 at all times when reasonably required to do so by the GLA, provide a summary of any of the income and Development Costs referred to in Condition 20.1.1 as the GLA may reasonably require to enable it to monitor the performance by the Grant Recipient of its obligations under this Agreement; and 20.1.3 at all times provide such access or facilities as the GLA may reasonably require for its representatives to visit any place where the records are held and examine the records maintained under this Condition 20.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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Open Book Obligations. 20.1 17.1 The Grant Recipient shall on an Open Book Basis: 20.1.1 17.1.1 at all times maintain a full record of particulars of all the income (including Public Sector Funding) received and Development Project Costs incurred by the Grant Recipient in respect of each Named Project; 20.1.2 17.1.2 at all times when reasonably required to do so by the GLA, provide a summary of any of the income and Development Project Costs referred to in Condition 20.1.1 17.1.1 as the GLA may reasonably require to enable it to monitor the performance by the Grant Recipient of its obligations under this Agreement; and 20.1.3 17.1.3 at all times provide such access or facilities as the GLA may reasonably require for its representatives to visit any place where the records are held and examine the records maintained under this Condition 2017.

Appears in 1 contract

Samples: Capital Grant Agreement

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Open Book Obligations. 20.1 19.1 The Grant Recipient shall on an Open Book Basis: 20.1.1 19.1.1 at all times maintain a full record of particulars of all the income (including Public Sector FundingSubsidy) received and Development Costs incurred by the Grant Recipient in respect of each Named Project; 20.1.2 19.1.2 at all times when reasonably required to do so by the GLA, provide a summary of any of the income and Development Costs referred to in Condition 20.1.1 19.1.1 as the GLA may reasonably require to enable it to monitor the performance by the Grant Recipient of its obligations under this Agreement; and 20.1.3 19.1.3 at all times provide such access or facilities as the GLA may reasonably require for its representatives to visit any place where the records are held and examine the records maintained under this Condition 2019.

Appears in 1 contract

Samples: Grant Agreement

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