Maintenance of Certain Books and Records Sample Clauses

Maintenance of Certain Books and Records. The books, accounts and records of Distributors and DMR as to all transactions hereunder shall be maintained so as to disclose clearly and accurately the nature and details of the transactions to ensure compliance with applicable regulatory and reporting requirements. To the extent that any of Distributors or DMR maintains on behalf of any other of them any records required to be maintained by the other pursuant to applicable federal or state securities laws, regulations or NASD rules, such records shall be maintained as agent for the other party and remain the property of the party so required to maintain them, shall be surrendered promptly to that party upon its request, and shall at all times be subject to inspection by Distributors, SEC, NASD and any other appropriate governmental agency. DMR agrees to maintain all records pertaining to the sale of the Interests in an easily accessible place for two years and thereafter in accordance with Distributors’ books and records requirements as set forth in the ▇▇▇▇ ▇▇▇▇▇▇▇ Distributors LLC Compliance and Supervisory Manual, as amended.

Maintenance of Certain Books and Records i) Maintaining certain books and records of the Client at the Company’s offices; a) The Company confirms that all such records will be maintained by the Company purely as the custodian for such records on behalf of the Client and that these records will remain at all times under the Client’s direct supervision, management and control; b) The Texas Department of Insurance will, at all times, be authorized to examine at the Client’s expense the books and records of the Client maintained by the Company at its offices; and c) The Company will fully cooperate with the staff of the Texas Department of Insurance during such an examination of such records.