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Practices. OPERATOR shall adequately document that it has met the Plan's bligations and commitments as a condition of renewal/extension of this AGREEMENT upo expiration of the Initial term and any extensions. 2. Records Insoectlon. Examination and Audit OPERATOR acknowledges and agrees that CITY is empowered under this Agreement to inspect, examine and audit OPERATOR's books and records (including tax filings and returns), to ascertain the amount of operating fees due and owing. CITY or its authorized agents shall have the power and authority to conduct a full inspection, examination and audit of such books and records (including tax filings and returns) at any reasor able time, including but not limited to, during normal business hours. In the event any SL ch books, records, tax filings and returns cannot be made fully available within the City of Santa Ana, OPERATOR acknowledges and agrees that it shall reimburse CITY for the ost of all transportation, lodging, meals, portal-to-portal travel time, and other incide tal costs reasonably incurred by CITY or its authorized agents in obtaining said full inspection, examination and audit. In the event that said records inspection, examination and audit determines that a net operating agreement fee payment deficiency of greater than Five Percent (5%) exists; OPERATOR acknowledges and agrees that it shall reimburs a CITY for the full cost of said records inspection, examination and audit reasonably incurre I by CITY or its authorized agents. 3. Term. This AGREEMENT shall start on the date indicated above and shall terminate on December 31, 2022 regardless of starting date unless terminated earlier in accordance with Section 9 or 10 of this AGREEMENT. i 4. Business License Regulred. A valid City of Santa Ana Business License is required for all persons at gaged in transacting and carrying on any commercial cannabis business activity in the Cit of Santa Ana. It is unlawful for any person or legal entity to commence, transact or carry -or cannabis business activity in the City of Santa Ana without first having procured a City of E ante Ana cannabis business license. 5. Operating Commercial Cannabis Business OPERATOR shall not operate a commercial cannabis business authorized under the Santa Ana Municipal Code unless: A. It is the holder of a valid Regulatory Safety Permit issued by CITY in accord' nce with the procedures and requirements of Article 1 of Chapter 40, of the S nta Ana Municipal Code; and B. At such time as the State of California requires cannabis business fac'rities and businesses to hold a valid license or permit issued by the State of Califon ia, it also holds such license or permit; unless, however, such permit or license is subsequently not required by the State of California for the type of cannabis facility or business operation that is the subject of this AGREEMENT.