Common use of Audit of Accounts Clause in Contracts

Audit of Accounts. The Trustees shall procure an annual audit of the books of the Trust by an independent, qualified certified public accountant selected by the Trustees. A report of each annual audit shall be furnished to each Trustee, and a copy of the report shall be available for inspection by interested persons during business hours at the office of the Trustees. The Trustees, in their sole discretion, may procure audits more frequently than annually.

Appears in 7 contracts

Samples: Agreement and Declaration, Agreement and Declaration, Agreement and Declaration

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Audit of Accounts. The Trustees shall procure an annual audit of shallprocureanannualauditof the books of the Trust by an independent, qualified certified public accountant selected by the Trustees. A report of each annual audit shall be furnished to shallbe furnishedto each Trustee, and a copy of the report shall be anda copyof thereport shallbe available for inspection by interested persons during business hours at the office of the Trustees. The Trustees, in their sole discretion, may procure audits ,mayprocureaudits more frequently than annuallythanannually.

Appears in 1 contract

Samples: Agreement and Declaration

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