Books, Records and Inspections; Accounting and Auditing Matters. (a) The Borrower shall keep proper records and books of account, maintain adequate management information and cost control systems, and make arrangements reasonably satisfactory to the Credit Parties for overseeing the financial operations of the Borrower, including its cash management, accounting and financial reporting, for overseeing the Borrower’s relationship with the Credit Parties and the Borrower’s Accountant and, in accordance with Section 609.10(f)(1) of the Applicable Regulations, for facilitating the effective and accurate audit and performance evaluation of the Project pursuant to the Applicable Regulations and Program Requirements;
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Samples: Common Agreement (First Wind Holdings Inc.), Common Agreement (Solyndra, Inc.)
Books, Records and Inspections; Accounting and Auditing Matters. (a) The Borrower shall keep proper records and books of account, maintain adequate management information and cost control systems, and make arrangements reasonably satisfactory to the Credit Parties Loan Servicer for overseeing the financial operations of the Borrower, including its cash management, accounting and financial reporting, for overseeing the Borrower’s relationship with the Credit Parties and the Borrower’s Accountant and, in accordance with Section 609.10(f)(1) of the Applicable RegulationsLoan Guarantee Requirements, for facilitating the effective and accurate audit and performance evaluation of the Project pursuant to the Applicable Regulations Loan Guarantee Requirements and Program Requirements;
Appears in 2 contracts
Samples: Common Agreement (Beacon Power Corp), Common Agreement (Beacon Power Corp)
Books, Records and Inspections; Accounting and Auditing Matters. (a) The Borrower shall keep proper records and books of account, maintain adequate management information and cost control systems, and make arrangements reasonably satisfactory to the Credit Parties Loan Servicer for overseeing the financial operations of the Borrower, including its cash management, accounting and financial reporting, for overseeing the Borrower’s 's relationship with the Credit Parties DOE and the Borrower’s 's Accountant and, in accordance with Section 609.10(f)(1) of the Applicable RegulationsLoan Guarantee Requirements, for facilitating the effective and accurate audit and performance evaluation of the Project pursuant to the Applicable Regulations Loan Guarantee Requirements and Program Requirements;.
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