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172981943v5 <br /> <br /> <br /> 19 <br /> <br />property, and, subject to any privacy laws applicable to Borrower, upon request of the Lender, <br />provide any duly authorized representative of the Lender access during normal business hours to, <br />and permit such representative to examine, copy or make extracts from, or audit any and all books, <br />records and documents relating to the Facility, the Borrower’s affairs and to inspect any of its <br />facilities and properties. (The Lender shall be permitted to disclose the information contained <br />therein to its legal counsel, its independent public accountants, any participating lenders, or in <br />connection with any action to collect any indebtedness of the Borrower or to enforce this <br />Agreement and the documents related hereto, or as otherwise permitted or required by law). <br />Section 4.13 IRS Audit Expenses. The Borrower agrees to pay any reasonable costs <br />incurred by the City or the Lender as a result of the City’s or the Lender’s compliance with an <br />audit, random or otherwise, by the Internal Revenue Service or the Minnesota Department of <br />Revenue with respect to the Note or the Project. <br />Section 4.14 Reports to City. Annually, not later than March 1, in every year while any <br />portion of the Note remains outstanding, the Borrower agrees to provide a report to the City <br />documenting the then-outstanding principal amount of the Note. This provision cannot be <br />enforced by the Lender. <br />[Remainder of page intentionally left blank].