Common use of Auditors Assistance Clause in Contracts

Auditors Assistance. Gazit-Globe shall authorize and instruct its Auditors, at the expense of Gazit-Globe, to discuss with the Bank: (a) any financial statements of Gazit-Globe (including, for the avoidance of doubt, any Non-consolidated Expanded Financial Statements of Gazit-Globe); (b) Gazit-Globe’s financial position; (c) any reconciliation performed by the Auditors in order to reconcile any balance sheet and statement of operation of EOI, extracted from EOI’s Financial Statements, to IFRS; (d) the Auditors’ calculation of EOI NAV and NAV per EOI Share; (e) any reconciliation made to any financial statement in order to prepare any Corresponding Financial Statement delivered by Gazit-Globe pursuant to clause 15.7 above; (f) the effects of any New Accounting Treatment the subject of any notification made under clause 15.6 above; and/or (g) any other report or information required to be given by the Auditors in accordance with this Agreement. In the event the Bank shall notify Gazit-Globe that the Bank wishes to discuss any of the foregoing with the Auditors then Gazit-Globe shall procure that the Auditors shall comply with such instructions and shall further instruct the Auditors to disclose to the Bank such information which the Bank may reasonably request. Gazit-Globe shall be entitled to be present at any meeting between the Auditors and the Bank in connection with the foregoing.

Auditors Assistance. Gazit-Globe shall authorize and instruct its Auditors, at the expense of Gazit-Globe, to discuss with the Bank: (a) any financial statements of Gazit-Globe (including, for the avoidance of doubt, any Non-consolidated Expanded Financial Statements of Gazit-Gazit- Globe); (b) Gazit-Globe’s financial position; (c) any reconciliation performed by the Auditors in order to reconcile any balance sheet and statement of operation of EOI, extracted from EOI’s Financial Statements, to IFRS; (d) the Auditors’ calculation of EOI NAV and NAV per EOI Share; (e) any reconciliation made to any financial statement in order to prepare any Corresponding Financial Statement delivered by the Company and/or Gazit-Globe pursuant to clause 15.7 above; (f) the Gazit America Financial Statements; (g) the effects of any New Accounting Treatment the subject of any notification made under clause 15.6 above; and/or (gh) any other report or information required to be given by the Auditors in accordance with this Agreement. In the event the Bank shall notify Gazit-Globe that the Bank wishes to discuss any of the foregoing [*] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, IS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED. with the Auditors then Gazit-Globe shall procure that the Auditors shall comply with such instructions and shall further instruct the Auditors to disclose to the Bank such information which the Bank may reasonably request. Gazit-Globe shall be entitled to be present at any meeting between the Auditors and the Bank in connection with the foregoing.