RIGHT TO CONDUCT AUDIT. The IOP grants the United States General Accounting Office (GAO) the right to conduct audits. ARTICLE 11
RIGHT TO CONDUCT AUDIT. The SUDRF grants the United States General Accounting Office the right to conduct audits.
RIGHT TO CONDUCT AUDIT. The PHP grants the United States General Accounting Office the right to conduct audits.
RIGHT TO CONDUCT AUDIT. The RTC grants the United States General Accounting Office the right to conduct audits.
RIGHT TO CONDUCT AUDIT. The BC grants the United States General Accounting Office the right to conduct audits.
RIGHT TO CONDUCT AUDIT. The OTP grants the United States General Accounting Office (GAO) the right to conduct audits. ARTICLE 11
RIGHT TO CONDUCT AUDIT. The hospice program grants the United States General Accounting Office the right to conduct audits.
RIGHT TO CONDUCT AUDIT. Owner shall have the right to conduct an audit of the Properties’ operations by using its own internal auditors or by employing independent auditors. Costs associated with conducting such audits by internal or independent auditors shall be borne by Owner or Owner JV. Should such audits result in the discovery of either weaknesses in internal control or errors in record keeping, these shall be communicated to the Manager in writing. Manager shall correct such discrepancies either upon discovery or within a reasonable period of time after notification. Manager shall inform Owner in writing of the action taken and to be taken to correct such audit discrepancies. If any audit conducted by or on behalf of Owner or Owner JV reveals a discrepancy in excess of ten percent (10%), and greater than $10,000, for any material line item (i.e. base rent, operating escalation income, total cleaning, total repairs and maintenance, etc.), Manager shall be responsible for the reasonable expenses of such audit.
RIGHT TO CONDUCT AUDIT. Owner shall have the right to conduct an audit of the Properties’ operations by using its own internal auditors or by employing independent auditors. Costs associated with conducting such audits by internal or independent auditors shall be borne by Owner. Should such audits result in the discovery of either weaknesses in internal control or errors in record keeping, these shall be communicated to Manager in writing. Manager shall correct such discrepancies either upon discovery or within a reasonable period of time after notification. Manager shall inform Owner in writing of the action taken and to be taken to correct such audit discrepancies. If any audit conducted by or on behalf of Owner reveals a discrepancy in excess of ten percent (10%), and greater than $10,000, for any material line item (i.e. base rent, operating escalation income, total cleaning, total repairs and maintenance, etc.), Manager shall be responsible for the reasonable expenses of such audit.
RIGHT TO CONDUCT AUDIT. An Approved Auditor may at any time conduct an audit to monitor the Other Party’s compliance with this FICA.
