Common use of Bookkeeping Clause in Contracts

Bookkeeping. The Manager shall establish and maintain a record and bookkeeping system for the operation and conduct of business of the Facility in accordance with generally accepted accounting principles consistently applied. Books and records at the Facility may be maintained by an employee of the Owner under the supervision of the Manager. Full books of account with entries of all receipts and expenditures related to the operation of the Facility shall be maintained at the offices of the Manager and shall at all times during normal business hours be open for inspection by representatives of the Owner.

Appears in 16 contracts

Samples: Management Agreement (Carematrix Corp), Glen Cove Management Agreement (Standish Care Co), Management Agreement (Carematrix Corp)

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