Common use of Accurate Records and Accounts Clause in Contracts

Accurate Records and Accounts. The Escrow Agent shall keep accurate records and accounts with respect to all documents held by it in the Escrow Fund, and all receipts and disbursements of all items held in the Escrow Fund. All such accounts, books and records shall be open for inspection and audit at all reasonable times by the Parties or by any person or persons duly authorized by the Parties.

Appears in 2 contracts

Samples: Special Escrow Agreement (Tasco Holdings International, Inc.), Special Escrow Agreement (Tasco Holdings International, Inc.)

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Accurate Records and Accounts. The Escrow Agent shall keep accurate records and accounts with respect to all documents cash and other assets held by it in the Escrow FundAccount, and all receipts and disbursements of and other transactions involving such cash, securities and other assets. The Parties shall have access to all items held in the Escrow Fundsuch accounts, books and records at all reasonable times. All such accounts, books and records shall be open for inspection and audit at all reasonable times by the Parties or by any person or persons duly authorized by the Parties.

Appears in 1 contract

Samples: Stock Purchase Agreement (RLJ Acquisition, Inc.)

Accurate Records and Accounts. The Escrow Agent shall keep accurate records and accounts with respect to all documents cash and other assets held by it in the Escrow Fund, and all receipts and disbursements of and other transactions involving such cash, securities and other assets. The Parties shall have access to all items held in the Escrow Fundsuch accounts, books and records at all reasonable times. All such accounts, books and records shall be open for inspection and audit at all reasonable times by the Parties or by any person or persons duly authorized by the Parties.

Appears in 1 contract

Samples: Sublicense Agreement (Peerless Systems Corp)

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Accurate Records and Accounts. The Escrow Agent shall keep accurate records and accounts with respect to all documents cash and other assets, if any, held by it in the Escrow FundFunds, and all receipts and disbursements of all items held in the Escrow Fund. All and other transactions, if any, involving such accountscash, books securities and records shall be open for inspection and audit at all reasonable times by the Parties or by any person or persons duly authorized by the Partiesother assets.

Appears in 1 contract

Samples: Escrow Agreement (CH AUTO Inc.)

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