Common use of Review of Reports Clause in Contracts

Review of Reports. If, within ninety (90) days after the Trustee mails to MIIX and the Company a statement with respect to the Account, MIIX or the Company has not given the Trustee written notice of any exception or objection thereto, the statement shall be deemed to have been approved, and, in such case, the Trustee shall not be liable for any matters in such statements. MIIX or the Company or their respective agents shall have the right, at its own expense and with prior written notice to the Trustee, to inspect the Trustee's books and records directly relating to the Account during normal business hours.