Common use of Annual Audit Clause in Contracts

Annual Audit. As soon as practical after the end of each Fiscal Year, but not later than 90 days after such end, the financial statements of the Partnership shall be audited by a firm of independent certified public accountants selected by the General Partner in accordance with applicable law. The cost of such audits will be an expense of the Partnership and shall be paid by the General Partner.

Appears in 13 contracts

Samples: Agreement (Merrill Lynch Preferred Funding I Lp), Texas Utilities Co /Tx/, Uds Funding Ii Lp

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Annual Audit. As soon as practical after the end of each Fiscal Year, but not later than 90 days after such end, the financial statements of the Partnership shall be audited by a firm of independent certified public accountants selected by the General Partner in accordance with applicable law. The cost of such audits will be an expense of the Partnership and shall be paid by the General Partner.. ARTICLE IX

Appears in 4 contracts

Samples: Agreement (Capita Preferred Trust), Enron Capital Trust Ii, Enron Preferred Funding Ii L P

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