Owner’s Reports Clause Samples
The Owner’s Reports clause requires the owner to provide regular updates or reports regarding the status of the project or property to relevant parties, such as contractors, lenders, or investors. These reports may include information on progress, financial status, issues encountered, or compliance with agreed milestones. By mandating consistent and transparent communication, this clause ensures all stakeholders are kept informed, reducing misunderstandings and facilitating timely decision-making.
Owner’s Reports. During the Option Period, Owner shall give Grantee reasonable access to review any surveys, title reports, surface reports (e.g., soil, drainage, geotechnical, environmental and flood control reports) (the “Owner’s Reports”) that Owner has in its possession or under its control. Within ten (10) business days after the Effective Date, Owner shall make available to Grantee (and maintain such availability during the Option Period) any Owner’s Reports that are in Owner’s possession as of the Effective Date and permit Grantee to make copies thereof at any time during normal business hours during the Option Period; and (b) give consent to any third party in possession of other Owner’s Reports to allow Grantee to copy or review each such report at any time during normal business hours during the Option Period. If Owner determines that any Owner Report or portion thereof is confidential, then Grantee shall treat said reports or portions thereof as confidential and shall execute any such documents as necessary to preserve that confidential designation. Grantee shall assume all costs and expenses concerning the replication, review and assessment of any and all Owner’s Reports.
Owner’s Reports. At the request of the Owner, Provider shall submit daily reports on the status, operation and maintenance of the Plants. Provider shall submit monthly and annual reports on the status, operation and maintenance of the Plants. The format of each report shall be mutually agreed upon by the Provider, Owner and Lenders (if applicable) and shall reasonably conform to the reporting requirements in the PPA, if applicable. The monthly report shall be submitted by the tenth (10) day of the month following the month for which the report is being provided. The annual report shall be submitted contemporaneously with the submission of the proposed Annual Operating Plan for the coming year.
Owner’s Reports. During the Option Term, Owner shall give Grantee reasonable access to review any surveys, title reports, surface reports (e.g., soil, drainage, geotechnical, environmental and flood control reports) (“Owner’s Reports”) that Owner has in its possession or under its control. Within five (5) business days after the Effective Date, Owner shall (a) deliver to Grantee copies of the Owner’s Reports that are in Owner’s possession as of the Effective Date; and (b) give consent to any third party in possession of other Owner’s Reports to allow Grantee to copy or review each such report.