Common use of Records of Account Clause in Contracts

Records of Account. Licensee shall maintain during the term of this Master License and for a period of three years after expiration or termination of this Master License the following records in an electronic format or photocopies, at a place of business within the San Francisco Bay Area: identification and location of all Poles under active Pole Licenses; amount and dates of paid Rent; permits and approvals obtained authorizing installation of Equipment, correspondence with the City concerning payment of Rent, SFMTA approval of Pole Licenses, DPW approval of required permits, and objections/appeals to installation of Equipment. The SFMTA, or a consultant acting on its behalf, shall upon thirty (30) days notice to Licensee have the right to inspect and audit said records at Licensee’s place of business during regular business hours.