Books, Records and Inspections; Accounting and Auditing Matters. (a) The Borrower shall keep complete and accurate books and records of its transactions in accordance with good accounting practices on the basis of Accounting Requirements (including the establishment and maintenance of appropriate reserves). In accordance with the Applicable Regulations, the Borrower shall keep such books and records concerning the Borrower and the Borrower’s Undivided Interest as are necessary to facilitate an effective and accurate audit and performance evaluation of the Borrower and the Borrower’s Undivided Interest.
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Samples: Loan Guarantee Agreement (Oglethorpe Power Corp), Loan Guarantee Agreement (Oglethorpe Power Corp)
Books, Records and Inspections; Accounting and Auditing Matters. (a) The Borrower shall keep complete and accurate books and records of its transactions in accordance with good accounting practices on the basis of Accounting Requirements GAAP (including the establishment and maintenance of appropriate reserves). In accordance with the Applicable Regulations, the The Borrower shall keep such books and records concerning the Borrower and the Borrower’s Undivided Interest Project as are necessary to facilitate an effective and accurate audit and performance evaluation of the Borrower and Borrower, the Borrower’s Undivided InterestInterest and the Project as required in Section 609.17 of the Applicable Regulations.
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Books, Records and Inspections; Accounting and Auditing Matters. (a) The Borrower shall keep complete and accurate books and records of its transactions in accordance with good accounting practices on the basis of Accounting Requirements GAAP (including the establishment and maintenance of appropriate reserves). In accordance with the Applicable Regulations, the The Borrower shall keep such books and records concerning the Borrower and the Borrower’s Undivided Interest Project as are necessary to facilitate an effective and accurate audit and performance evaluation of the Borrower Borrower, the Borrower's Undivided Interest and the Borrower’s Undivided InterestProject as required in Section 609.17 of the Applicable Regulations.
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