Common use of Accounts of the Trustee Clause in Contracts

Accounts of the Trustee. 7.1 The Trustee shall keep accurate and detailed accounts of all investments, receipts and disbursements and other transactions hereunder, and all accounts, books and records relating thereto shall be open at all reasonable times to inspection and audit by any person or persons designated by the Accounting Party. The cost of any audit if requested by the Accounting Party shall be paid by PPL.

Appears in 3 contracts

Samples: Trust Agreement (PPL Electric Utilities Corp), Trust Agreement (LG&E & KU Energy LLC), Trust Agreement (LG&E & KU Energy LLC)

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Accounts of the Trustee. 7.1 The Trustee shall keep accurate and detailed accounts of all investments, receipts and disbursements and other transactions hereunder, and all accounts, books and records relating thereto shall be open at all reasonable times to inspection and audit by any person or persons designated by the Accounting PartyPPL. The cost of any audit if requested by the Accounting Party PPL shall be paid by PPL.

Appears in 2 contracts

Samples: Trust Agreement (PPL Electric Utilities Corp), Trust Agreement (PPL Electric Utilities Corp)

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