REIT Audit definition

REIT Audit shall have the meaning ascribed to such term in Section 2.4(f).
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Examples of REIT Audit in a sentence

  • Costs associated with conducting such Fee Audits by internal or independent auditors, and costs of the Annual REIT Audit, shall be borne by REIT.

  • Seller certifies and represents and warrants to Purchaser that the materials delivered to Purchaser in connection with the REIT Audit shall be true and accurate in all material respects and to Seller’s knowledge there are no known fraud or material misrepresentation, or material subsequent events not reflected in such materials.

  • Purchaser shall have completed the REIT Audit as contemplated under Section 2.4(f).

  • Costs associated with conducting Fee Audits by internal or independent auditors, and costs of the Annual REIT Audit, shall be borne by REIT.

Related to REIT Audit

  • Independent Auditor has the meaning specified in Section 6.01(a).

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Environmental Audit means a Phase One environmental site assessment (the scope and performance of which meets or exceeds the then most current ASTM Standard Practice E1527 for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of the Property.

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom: