Common use of Access and Examination Clause in Contracts

Access and Examination. The Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours (and at any time when a Default or Event of Default exists and is continuing) have access to, examine, audit, make extracts from or copies of and inspect any or all of the Grantor’s records, files, and books of account and the Collateral, and discuss the Grantor’s affairs with the Grantor’s officers and management. The Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for the Grantor. The Agent may, and at the direction of the Required Lenders shall, at any time when a Default or Event of Default exists, and at the Grantor’s expense, make copies of all of the Grantor’s books and records, or require the Grantor to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of the Grantor’s respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Agent’s Liens. The Agent shall have the right, at any time, in the Agent’s name or in the name of a nominee of the Agent, to verify the validity, amount or any other matter relating to the Accounts, or other Collateral, by mail, telephone, or otherwise.

Appears in 3 contracts

Samples: Security Agreement, Security Agreement (Advanced Micro Devices Inc), Security Agreement (Spansion Inc.)

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Access and Examination. The Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours (and at any time when a Default or Event of Default exists and is continuing) have access to, examine, audit, make extracts from or copies of and inspect any or all of the each Grantor’s 's records, files, and books of account and the Collateral, and discuss the such Grantor’s 's affairs with the such Grantor’s 's officers and management. The Each Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for the such Grantor. The Agent may, and at the direction of the Required Lenders shall, at any time when a Default or Event of Default exists, and at the such Grantor’s 's expense, make copies of all of the such Grantor’s 's books and records, or require the such Grantor to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of the such Grantor’s 's respective personnel, supplies, and Real Estate real property as may be reasonably necessary for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any time, in the Agent’s 's name or in the name of a nominee of the Agent, to verify the validity, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Security Agreement (Lakes Entertainment Inc)

Access and Examination. The Agent, accompanied by any Lender which so elects, may upon reasonable notice and at all reasonable times during regular business hours (and without notice at any time when a Default or Event of Default exists and is continuing) have access to, examine, audit, make extracts from or copies of and inspect any or all of the Grantor’s Grantors' records, files, and books of account and the CollateralCollateral and Equipment, and discuss the Grantor’s Grantors' affairs with the Grantor’s Grantors' officers and management. The Grantor Grantors will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for the GrantorGrantors. The Agent may, and at the direction of the Required Majority Lenders shall, at any time when a Default or Event of Default exists, and at the Grantor’s Grantors' expense, make copies of all of the Grantor’s Grantors' books and records, or require the Grantor Grantors to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of the Grantor’s Grantors' respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any reasonable time, in the Agent’s 's name or in the name of a nominee of the Agent, to verify the validity, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Security Agreement (Unova Inc)

Access and Examination. The Agent, accompanied by any Lender which so elects, may upon reasonable notice and at all reasonable times during regular business hours (and without notice at any time when a Default or Event of Default exists and is continuing) have access to, examine, audit, make extracts from or copies of and inspect any or all of the Grantor’s Grantors' records, files, and books of account and the CollateralCollateral and Equipment, and discuss the Grantor’s Grantors' affairs with the Grantor’s Grantors' officers and management. The Grantor Grantors will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for the GrantorGrantors. The Agent may, and at the direction of the Required Lenders shall, at any time when a Default or Event of Default exists, and at the Grantor’s Grantors' expense, make copies of all of the Grantor’s Grantors' books and records, or require the Grantor Grantors to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of the Grantor’s Grantors' respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any reasonable time, in the Agent’s 's name or in the name of a nominee of the Agent, to verify the validity, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Security Agreement (Unova Inc)

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Access and Examination. The Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours (and at any time when a Default or Event of Default exists has occurred and is continuing) have access to, examine, audit, make extracts from or copies of and inspect any or all of the each Grantor’s 's records, files, and books of account and the Collateral, and discuss the such Grantor’s 's affairs with the such Grantor’s 's officers and management. The Each Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for the such Grantor. The Agent may, and at the direction of the Required Lenders shall, at any time when a Default or Event of Default exists, and at the Grantor’s Grantors' expense, make copies of all of the Grantor’s books and recordsrecords of each Grantor, or require the Grantor Grantors to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of the Grantor’s 's respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any time, in the Agent’s 's name or in the name of a nominee of the Agent, to verify the validity, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Security Agreement (Cone Mills Corp)

Access and Examination. The Agent, accompanied by any Lender which so elects, may at all reasonable times during regular business hours (and at any time when a Default or Event of Default exists and is continuing) have access to, examine, audit, make extracts from or copies of and inspect any or all of the Grantor’s Grantors' records, files, and books of account and the Collateral, and discuss the Grantor’s Grantors' affairs with the Grantor’s Grantors' officers and management. The Each Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining records for the such Grantor. The Agent may, and at the direction of the Required Lenders shall, at any time when a Default or Event of Default exists, and at the Grantor’s Grantors' expense, make copies of all of the Grantor’s Grantors' books and records, or require the each Grantor to deliver such copies to the Agent. The Agent may, without expense to the Agent, use such of the Grantor’s Grantors' respective personnel, supplies, and Real Estate as may be reasonably necessary for maintaining or enforcing the Agent’s 's Liens. The Agent shall have the right, at any time, in the Agent’s 's name or in the name of a nominee of the Agent, to verify the validity, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Security Agreement (Unifi Inc)

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