Common use of Reports and Supporting Documentation Clause in Contracts

Reports and Supporting Documentation. The Property Manager shall, during the term of this Property Management Agreement, deliver monthly reports to the Company relating to the management and operation of the Properties for the preceding calendar month, not later than thirty (30) days after the end of the preceding month. Reports will be delivered to the Company in an electronic format consistent with the Company’s accounting system for each Property. The Property Manager shall deliver to the Company the following for the preceding month, for each Property and with respect to clause (1), (2) and (8), shall also provide the information with respect to the Properties in the aggregate: (1) a profit and loss statement; (2) a balance sheet; (3) a general ledger; (4) a cash receipts and disbursement journal; (5) all bank statements and bank reconciliations; (6) an aged schedule of delinquent accounts receivable; (7) the current rent roll; (8) a calculation of the fees paid in accordance with Section 5.3 hereof; and (9) a construction report, if applicable.

Reports and Supporting Documentation. The Property Manager shall, during the term of this Property Management Agreement, deliver monthly reports to the Company relating to the management and operation of the Properties Property for the preceding calendar month, not later than thirty (30) days after the end of the preceding month. Reports will be delivered to the Company in an electronic format consistent with the Company’s accounting system for each the Property. The Property Manager shall deliver to the Company the following for the preceding month, for each the Property and with respect to clause (1), (2) and (8), shall also provide the information with respect to the Properties Property in the aggregate: (1) a profit and loss statement; (2) a balance sheet; (3) a general ledger; (4) a cash receipts and disbursement journal; (5) all bank statements and bank reconciliations; (6) an aged schedule of delinquent accounts receivable; (7) the current rent roll; (8) a calculation of the fees paid in accordance with Section 5.3 hereof; and (9) a construction report, if applicable.