Common use of Records; Accounts Clause in Contracts

Records; Accounts. During the Loan Term, the Governmental Agency shall keep accurate records and accounts for its System (the “System Records”), separate and distinct from its other records and accounts (the "General Records"). Such System Records, including project accounts, shall be maintained in accordance with generally accepted accounting principles, generally accepted government accounting standards, including standards related to the reporting of infrastructure assets and System Records and General Records shall be made available for inspection by the Authority at any reasonable time.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Records; Accounts. During the Loan Term, the Governmental Agency shall keep accurate records and accounts for its System (the “System Records”), separate and distinct from its other records and accounts (the "General Records"). Such System Records, including project accounts, Records shall be maintained in accordance with generally accepted accounting principles, generally accepted government accounting standards, including standards related to the reporting of infrastructure assets and System Records and General Records shall be made available for inspection by the Authority at any reasonable time.

Appears in 1 contract

Samples: Loan Agreement

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Records; Accounts. During the Loan Term, the Governmental Agency shall keep accurate records and accounts for its System (the “System Records”)accounts, separate and distinct from its other records and accounts (the "General Records"). Such System Records, including project accounts, Records shall be maintained in accordance with generally accepted accounting principles, generally accepted government accounting standards, including standards related to the reporting of infrastructure assets and System Records and General Records shall be made available for inspection by the Authority at any reasonable time.

Appears in 1 contract

Samples: Loan Agreement

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