Common use of Post-Closing Inspection Clause in Contracts

Post-Closing Inspection. Following Closing, each party shall, upon request, give the other party or cause its Affiliates to give the other party access to books and records with respect to the operation of the Property for the calendar year in which Closing occurs, for the previous calendar year and for any earlier periods for which Seller or Buyer is obligated to have financial statements for the Property, for purposes of verifying collections and remittances and the preparation by the parties of financial statements and reports (including audited financial statements) with respect to the Property. Such books and records shall be made available to the parties at reasonable times and upon reasonable advance notice to the other party and without any expense to the other party. This Section 19.10 shall survive the Closing.