Section 4A. Seller shall prepare an annual report which shall be provided, without charge, to Buyer and each of Seller’s Cooperative Members no later than sixty (60) days after the close of its fiscal year. Seller shall keep accurate and comprehensive records of services performed, costs incurred, and reimbursements and contributions received. Seller agrees that it will perform regular audits of such records. Periodic financial statements shall be issued to Buyer and all Cooperative Members. Seller’s officers responsible for this Agreement shall give appropriate performance bonds. Seller shall comply with all other applicable provisions of M.G.L. c. 40, §4A.
Appears in 2 contracts
Samples: Metered Power Sales Agreement, Metered Power Sales Agreement
Section 4A. Seller shall prepare an annual report which shall be provided, without charge, to Buyer and each of Seller’s its Cooperative Members no later than sixty (60) days after the close of its fiscal year. Seller shall keep accurate and comprehensive records of services performed, costs incurred, and reimbursements and contributions received. Seller Xxxxxx agrees that it will perform regular audits of such records. Periodic financial statements shall be issued to Buyer and all Cooperative Members. Seller’s officers responsible for this Agreement shall give appropriate performance bonds. Seller shall comply with all other applicable provisions of M.G.L. c. 40, §4A.
Appears in 1 contract
Samples: Credit Purchase Agreement
Section 4A. Seller shall prepare an annual report which shall be provided, without charge, to Buyer and each of Seller’s its Cooperative Members no later than sixty (60) days after the close of its fiscal year. Seller shall keep accurate and comprehensive records of services performed, costs incurred, and reimbursements and contributions received. Seller agrees that it will perform regular audits of such records. Periodic financial statements shall be issued to Buyer and all Cooperative Members. Seller’s officers responsible for this Agreement shall give appropriate performance bonds. Seller shall comply with all other applicable provisions of M.G.L. c. 40, §4A.
Appears in 1 contract
Samples: Credit Purchase Agreement