Common use of Access and Examination Clause in Contracts

Access and Examination. The Agent, accompanied by any Lender which so elects with the consent of the Agent, may, upon prior notice to the Grantor, at all reasonable times during regular business hours (and at any time and without notice to the Grantor when a Default or Event of Default exists) 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 affairs of the Grantor 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 Majority Lenders shall, at any time when a Default or Event of Default exists, and at the Grantor's expense, make copies 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 in connection with any examination or audit of the Grantor's business under this Section or 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, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Security Agreement (Daisytek International Corporation /De/)

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Access and Examination. The Agent, accompanied by any Lender which so elects with the consent of the Agent, may, upon prior notice to the Grantor, may at all reasonable times during regular business hours (and at any time and without notice to the Grantor when a Default or Event of Default existsexists and is continuing) have access to, examine, audit, make extracts from or copies of, of and inspect any or all of the each Grantor's ’s records, files, and books of account and the Collateral, and discuss the each Grantor’s affairs of the Grantor with the such Grantor's ’s officers and management. The foregoing may be accomplished by the Lender’s own employees or its agents or independent contractors, at the Grantors’ sole expense except to the extent set forth in the Credit Agreement. Each Grantor will deliver to the Agent Lender any instrument necessary for the Agent Lender to obtain records from any service bureau maintaining records for the such Grantor. The Agent may, and at the direction of the Majority Lenders shall, Lender may 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 AgentLender. The Agent Lender may, without expense to the AgentLender, use such of the Grantor's Grantors’ respective personnel, supplies, and Real Estate as may be reasonably necessary in connection with any examination or audit of the Grantor's business under this Section or for maintaining or enforcing the Agent's Lender’s Liens. The Agent Lender shall have the right, at any time, in the Agent's Lender’s name or in the name of a nominee of the AgentLender, to contact Account Debtors and to verify the validity, amount, amount or any other matter relating to the Accounts, Inventory, Accounts or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Credit Agreement (Remedytemp Inc)

Access and Examination. The Agent, accompanied by any Lender which so elects with the consent of the Agent, may, upon prior notice to the Grantor, Agent may at all reasonable times ---------------------- during regular business hours (and at any time and without notice to the Grantor when a Default or Event of Default existsexists and is continuing) have access to, examine, audit, make extracts from or copies of, of and inspect any or all of the each Grantor's records, files, and books of account and the Collateral, and discuss each Grantor's affairs with such Grantor's officers. The foregoing may be accomplished by Agent's own employees or its agents or independent contractors, at the affairs Grantors' sole expense and provided such Persons are subject to the confidentiality requirements set forth in Section 14.17 of the Grantor with the Grantor's officers and managementCredit Agreement. 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 Majority 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 in connection with any examination or audit of the Grantor's business under this Section or 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 contact Account Debtors, warehousemen, bailees, and similar third Persons, and to verify the validity, amount, 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 (Mail Well Inc)

Access and Examination. The Agent, accompanied by any Lender which so elects with the consent of the Agent, may, upon prior notice to the Grantor, Agent may at all reasonable ---------------------- times during regular business hours (and at any time and without notice to the Grantor when a Default or Event of Default existsexists and is continuing) have access to, examine, audit, make extracts from or copies of, of and inspect any or all of the each Grantor's records, files, and books of account and the Collateral, and discuss each Grantor's affairs with such Grantor's officers. The foregoing may be accomplished by Agent's own employees or its agents or independent contractors, at the affairs Grantors' sole expense and provided such Persons are subject to the confidentiality requirements set forth in Section 14.17 of the Grantor with the Grantor's officers and managementCredit Agreement. 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 Majority 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 in connection with any examination or audit of the Grantor's business under this Section or 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 contact Account Debtors, warehousemen, bailees, and similar third Persons, and to verify the validity, amount, 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 (Mail Well Inc)

Access and Examination. The No more than three (3) times each Fiscal Year or, during any Minimum Excess Availability Period, no more than one (1) time each Fiscal Year, and upon ten (10) days notice to the relevant Grantor, or at any time with or without notice whenever a Default or Event of Default exists and is continuing, the Agent, accompanied by any Lender which so elects with the consent of the Agentelects, may, upon prior notice to the Grantor, may at all reasonable times during regular business hours (and at any time and without notice to the Grantor when a Default or Event of Default exists) have access to, examine, audit, make extracts from or copies of, 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 affairs of the Grantor 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 Majority Lenders shall, at any time when whenever a Default or Event of Default exists, and at the such Grantor's ’s expense, make copies of the all of 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 as may be reasonably necessary in connection with any examination or audit of the Grantor's business under this Section or 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, amount or any other matter relating to the Accounts, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Pledge and Security Agreement (Levi Strauss & Co)

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Access and Examination. The Agent, accompanied by any Lender which so elects with the consent of the Agent, may, upon prior notice to the any Grantor, at all reasonable times during regular business hours (and at any time and without notice to the any Grantor when a Default or Event of Default exists) have access to, examine, audit, make extracts from or copies of, and inspect any or all of the each Grantor's records, files, and books of account and the Collateral, and discuss the affairs of the each Grantor with the such Grantor's officers and managementmanagement and the officers and management of any other Grantor. 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 Majority Lenders shall, at any time when a Default or Event of Default exists, and at the such Grantor's expense, make copies of the any Grantor'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 Grantor's Grantors' respective personnel, supplies, and Real Estate as may be reasonably necessary in connection with any examination or audit of the Grantor's business under this Section or 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, Inventory, or other Collateral, by mail, telephone, or otherwise.

Appears in 1 contract

Samples: Security Agreement (Daisytek International Corporation /De/)

Access and Examination. The Agent, accompanied by any Lender which so elects with the consent of the Agent, may, upon prior notice to the Grantor, Agent may at all reasonable times on a quarterly basis and during regular business hours (and at any time and without notice to the Grantor frequency when a Default or Event of Default existsexists and is continuing) have access to, examine, audit, make extracts from or copies of, 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 of the Grantor with the Grantor's officers and management. The foregoing may be accomplished by Agent's own employees or its agents or independent contractors, accompanied by any Lender which so elects, and shall, to the extent expenses are reasonable, be at the sole expense of Grantor. The Grantor will deliver to the Agent any instrument necessary for the Agent to obtain records from any service bureau maintaining financial records for the Grantor. The Agent may, and at the direction of the Majority 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 during the continuance of an Event of Default, and at the sole expense to of the AgentGrantor, use such of the Grantor's respective personnel, supplies, and Real Estate as may be reasonably necessary in connection with any examination or audit of the Grantor's business under this Section or for maintaining or enforcing the Agent's Liens. The Agent shall have the rightright to contact Account Debtors, warehousemen, bailees and similar third Persons, at any time, in the Agent's name or in the name of a nominee of the Agent (and when an Event of Default exists and is continuing, in Agent's name), to verify the validity, amount, 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 (3com Corp)

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