2016.05.16 CC Packet - Laserfiche WebLink

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days following receipt of the applicable invoice. ANCSGI shall include with each invoice, a copy of the LDC statement delivered to ANCSGI that indicates the kWhAc upon which the LDC calculates the Credit to Subscriber. 5. Records and Audits. a. Upon request by Subscriber, ANCSGI shall provide (i) evidence of the accuracy of its metering equipment for the Facility and/or (ii) such other information and records requested by Subscriber to enable Subscriber to verify the accuracy of the Credits awarded by the LDC and any other calculation and/or measurements described in this Agreement. b. ANCSGI shall provide reports to Subscriber (i) monthly, containing the energy produced by the Facility, and (ii) annually, containing an audited financial statement of ANCSGI, and a current statement of management, financing parties, and operatorship of ANCSGI. Subscriber may provide comments to ANCSGI on the accuracy and completeness of the annual reports, and shall provide a copy of any such comments to LDC. C. As required by Minnesota Statutes, section 16C.05, subdivision 5, the records, books, documents, and accounting procedures and practices of ANCSGI and of any subcontractor of ANCSGI relating to work performed pursuant to this Agreement shall be subject to audit and examination by the Subscriber and the Legislative Auditor or State Auditor as described in such subdivision. ANCSGI and any subcontractor of ANCSGI shall permit, upon reasonable advance written notice, the Subscriber or its designee to inspect, copy, and audit its accounts, records, and business documents at any reasonable time during regular business hours, as they may relate to the performance under this Agreement. Audits conducted by the Subscriber under this provision shall be in accordance with generally accepted auditing standards. 6. Taxes. a. Subscriber shall be solely liable for sales or similar taxes imposed by a governmental entity, if any, attributable to the sale of Credits allocated to the Subscriber. b. Subscriber shall have no interest in and have no entitlement to claim any investment tax credit or other tax benefits related to ownership of the Facility. 7. Representations, Warranties and Covenants. a. Each Party represents and warrants to the other Party: i. The Party is duly organized, validly existing, and in good standing in the jurisdiction of its organization and is qualified to do business in the State of Minnesota; ii. The Party has f=ull legal capacity to enter into and perform this Agreement;