Seller's Books and Records. Seller shall keep and maintain accurate financial books and records of the Project Costs in accordance with generally accepted accounting principals. These financial books and records shall include all supporting documentation relative to Project Costs. Seller's books and records shall be made available to Buyer at reasonable times for inspection and audit by Buyer at Buyer's sole cost and expense.
Seller's Books and Records. The Seller's books, records, and accounts relating to the Mortgage Loans are and shall continue to be maintained in accordance with all Applicable Requirements.
Seller's Books and Records. Seller shall reflect the sale of -------------------------- each Loan sold pursuant to this Agreement on the Seller's balance sheet and other financial statements as a sale of assets by Seller. Seller shall be responsible for maintaining, and shall maintain, a complete set of books and records for the Loans which shall be clearly marked to reflect the sale of each Loan to Buyer and the ownership of each Loan by Buyer.
Seller's Books and Records. Seller's books of account and records (including customer files, employment records and tax records) are complete and accurate in all material respects.
Seller's Books and Records. (a) Except as provided in this Section, the Acquired Assets shall include originals or copies of all of Seller's Books and Records related to the Power General Business as are reasonably designated by Buyer; provided, however, Seller shall retain ownership of all Books and Records, or copies or extracts thereof, that relate to periods before the Closing Date except for such Books and Records primarily related to the Power General Business as are reasonably requested by Buyer, and all Books and Records that pertain to Seller's corporate organization, regardless of date. Seller shall be permitted to retain copies, electronic or otherwise, of all Books and Records transferred as part of the Acquired Assets.
(b) Each of the parties hereto agrees to maintain all Books and Records in its possession relating to Seller or the Power General Business or the Acquired Assets for the period respectively required by applicable laws.
(c) If, in order properly to prepare its tax returns, other documents or reports required to be filed with any federal or state governmental entities or its financial statements, it is necessary that any party hereto be furnished with additional information relating exclusively to the Acquired Assets or any other party and such information is in such other party's possession, the party in possession of that information will use all reasonable efforts to furnish such information to the requesting party.
Seller's Books and Records. (a) Except as provided in this Section, the Acquired Assets shall include all of Seller's Books and Records reasonably designated by Purchaser; provided, however, Seller shall retain all Books and Records that relate to periods before the Closing Date except for such Books and Records as shall be reasonably requested by Purchaser, and all Books and Records that pertain to Seller's corporate organization, regardless, of date.
(b) Each of the parties hereto agrees to maintain all Books and Records in its possession relating to Seller or the LZR Power Supply Business or the Acquired Assets for a period of seven (7) years.
(c) If, in order properly to prepare its tax returns, other documents or reports required to be filed with any federal or state governmental entities or its financial statements, it is necessary that any party hereto be furnished with additional information relating exclusively to the Acquired Assets or any other party and such information is in such other party's possession, the party in possession of that information will use all reasonable efforts to furnish such information to the requesting party.
Seller's Books and Records. Seller shall provide to Purchaser (at Purchaser’s expense) copies of, or shall provide Purchaser access to, the books and records with respect to the ownership, management, maintenance and operation of the Property prior to the Closing Date and shall furnish Purchaser with such additional information concerning the same as Purchaser shall reasonably request and which is in the possession or control of Seller, or its property manager or accountants, to enable Purchaser’s affiliate (Paladin Realty Income Properties, L.P. or Paladin Realty Income Properties, Inc.), to comply with Securities and Exchange Commission Regulation S-X, Rule 3-14. At Purchaser’s sole cost and expense, Seller shall allow Purchaser’s auditor to conduct an audit of the income statements of the Property for the year of Closing (to the date of Closing) and the two prior years, and shall cooperate (at no cost to Seller) with Purchaser’s auditor in the conduct of such audit.
Seller's Books and Records. For the period of time commencing on the Effective Date and continuing through the second (2nd) anniversary of the Closing Date, Seller shall, from time to time, upon reasonable advance written notice from Purchaser, provide Purchaser and its representatives, agents and employees with access to all financial and other information pertaining to the period of Seller’s ownership and operation of the Property, which information is relevant and reasonably necessary, in the opinion of the Accountants of Purchaser, to enable Purchaser and its Accountants to prepare financial statements in compliance with any or all of (i) Rule 3-14 of Regulation S-X of the SEC; (ii) any other rule issued by the SEC and applicable to Purchaser and/or its affiliates; and (iii) any registration statement, report or disclosure statement filed with the SEC by or on behalf of Purchaser and/or its affiliates. Seller acknowledges and agrees that set forth below is a representative description of the information and documentation that Excel and the Accountants may require in order to comply with (i), (ii) and (iii) above. Seller further acknowledges and agrees that, although the following description of information that may be requested by Purchaser from time to time, Seller shall reasonably cooperate with Purchaser and provide any other information that may be required to be delivered by Purchaser to the Accountants, the SEC and/or any other Governmental Agencies:
Seller's Books and Records. Seller hereby covenants and on the Closing Date Seller shall enter into an agreement with Purchaser pursuant to which Seller shall covenant and agree with Purchaser that upon Purchaser's written request, for a period of three (3) years after the Closing, Seller shall (a) make the Books and Records of the Seller relating to the Property available to the Purchaser, for inspection, copying and audit by the Purchaser's designated accountants. Seller acknowledges that applicable securities laws may require the Purchaser to file audited financial statements relating to operations at the Real Property for a three-year period and hereby consents to the Purchaser engaging the Seller's auditors to assist the Purchaser in the preparation of all or a portion of such audited financial information relating to Real Property operations, and to otherwise cooperate (at no cost to Seller) with the Purchaser in preparing such financial statements and will make all Books and Records relating to the Real Property available to Purchaser's auditors. Seller's obligations hereunder shall survive the Closing.
Seller's Books and Records. If such Facility Party is a Seller, such Seller shall maintain its books and records so that such records that refer to Purchased Receivables sold hereunder shall indicate clearly that such Seller’s right, title and interest in such Receivables have been sold to the Purchaser.
