Owner’s Right to Audit. The Contractor shall keep full and accurate records of all costs incurred and items billed in connection with the performance of the Work, which records shall be open to audit by Owner or its authorized representatives during the performance of the Work and until three (3) years after Final Payment. In addition, the Contractor shall make it a condition of all Subcontractors relating to the Work that any and all Subcontractors will keep accurate records of costs incurred and items billed in connection with their work and that such records shall be open to audit by Owner or its authorized representatives during the performance of the Work and until two
Owner’s Right to Audit. Owner shall have the right to request periodic audits of all applicable accounts managed by Pinnacle and the cost of such audits shall be paid by Owner, as an expense of the Project. Such audits may be made during normal business hours posted at the property with advance notice by Owner. Per Owner request, Agent will engage an independent third party firm to audit the annual records, as well as prepare partnership tax returns at the expense of the property. Pinnacle cannot be held liable for the work product performed by the auditor.
Owner’s Right to Audit. Owner and the individual members of the limited liability company reserve the right upon reasonable prior notice, to perform any and all additional audit procedures relating to the business where accounting books and records are kept.
Owner’s Right to Audit. Owner shall have the right to verify and audit the details of Construction Manager’s xxxxxxxx, certificates, accountings, cost data, and statements, either before or after payment, by (1) inspecting the books and records of Construction Manager; (2) examining any reports with respect to this Project; (3) interviewing Construction Manager’s employees; (4) visiting the Project site; and (5) any other reasonable action.
Owner’s Right to Audit. (a) Owner, or persons appointed by Owner, may examine all books, records and files maintained for Owner by Manager. Owner may perform any audit or investigations relating to Manager’s activities either at the Property or at any office of Manager if such audit or investigation relates to Manager’s activities for Owner.
Owner’s Right to Audit. Owner shall have the right to request periodic audits of all applicable accounts managed by Agent, and the cost of such audit(s) shall be paid by Owner.
Owner’s Right to Audit. The Owner’s accountants may review the Construction Manager’s final accounting. The C shall maintain all records relating to the Project and this contract including, but not limited shall make all records available to the Owner’s accountants upon request.
Owner’s Right to Audit. 7.1 Owner reserves the right to conduct or to appoint others to conduct examinations, at Owner's expense, without notification, of the books and records maintained for Owner by Agent and to perform any and all additional audit tests relating to Agent's activities hereunder.
Owner’s Right to Audit. 20 Section 8.1 Audit Rights of Owner 20 Section 8.2 Correction of Internal Controls 20 ARTICLE 9 BANK ACCOUNTS 21 Section 9.1 Deposits of Rents and Other Sums 21 Section 9.2 Security Deposit Records 22 Section 9.3 Owner to Have Access to Funds 22 Section 9.4 Ownership of Bank Records 22 ARTICLE 10 PAYMENT OF EXPENSES 22 Section 10.1 Payment by Manager of Expenses 22 Section 10.2 Expenses to be Borne by Manager 26 Section 10.3 Office for Manager 27
Owner’s Right to Audit. Upon reasonable notice and during normal business hours, Owner shall have access to Manager’s books and records relating to the Property and shall have the right to audit such books and records during the period of this Agreement and for a period of five (5) years after termination of this Agreement. Owner also reserves the right upon reasonable notice and during business hours to perform any and all additional audits relating to Manager’s activities either at the Property or at Manager’s office located at 0000 Xxx Xxxx Xxxx, Xxxxx 000, Xxxxxxxxx, Xxxxxxxxx. If Owner’s employees or appointees discover either weaknesses in internal control or errors in record keeping, Manager shall correct such discrepancies either upon discovery or within a reasonable period of time. Manager shall inform Owner in writing of the action taken to correct such audit discrepancies. Any and all such audits conducted either by Owner’s employees or appointees shall be at the sole expense of Owner. However, if an audit reveals any errors in record keeping or any misappropriation of funds by Manager, its agents or employees or if the audit reveals that the net cash flow from the Property for the period audited exceeded the net cash flow reported by Manager in the Monthly Reports for such period by 3%, the cost of the audit shall be borne by Manager. Owner’s right to require Manager to pay the cost of audit under these circumstances shall be in addition to any other rights or remedies that Owner may have under this Agreement or in law or equity.
