Common use of Access; Records Clause in Contracts

Access; Records. (i) So long as the WIFIA Credit Facility or any portion thereof shall remain outstanding and until five (5) years after the WIFIA Credit Facility shall have been paid in full, the WIFIA Credit Provider shall have the right, upon reasonable prior notice, to visit and inspect any portion of the Project, to examine books of account and records of the Borrower relating to the Project, to make copies and extracts therefrom at the Borrower’s expense, and to discuss the Borrower’s affairs, finances and accounts relating to the Project with, and to be advised as to the same by, its officers and employees and its independent public accountants (and by this provision the Borrower irrevocably authorizes its independent public accountants to discuss with the WIFIA Credit Provider the affairs, finances and accounts of the Borrower, whether or not any representative of the Borrower is present, it being understood that nothing contained in this Section 14(p) is intended to confer any right to exclude any such representative from such discussions), all at such reasonable times and intervals as the WIFIA Credit Provider may request. The Borrower agrees to pay all out-of-pocket expenses incurred by the WIFIA Credit Provider in connection with the WIFIA Credit Provider’s exercise of its rights under this Section 14(p) at any time when an Event of Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Wifia Credit Agreement, Wifia Credit Agreement

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Access; Records. (i) So long as the any WIFIA Credit Facility Loan or any portion thereof shall remain outstanding and until five (5) years after the such WIFIA Credit Facility Loan shall have been paid in full, the WIFIA Credit Provider Lender shall have the right, upon reasonable prior notice, to visit and inspect any portion of the relevant Project, to examine books of account and records of the Borrower relating to the such Project, to make copies and extracts therefrom at the Borrower’s expense, and to discuss the Borrower’s affairs, finances and accounts relating to the such Project with, and to be advised as to the same by, its officers and employees and its independent public accountants (and by this provision the Borrower irrevocably authorizes its independent public accountants to discuss with the WIFIA Credit Provider XXXXX Xxxxxx the affairs, finances and accounts of the Borrower, whether or not any representative of the Borrower is present, it being understood that nothing contained in this Section 14(p) is intended to confer any right to exclude any such representative from such discussions), all at such reasonable times and intervals as the WIFIA Credit Provider Lender may request. The Borrower agrees to pay all out-of-pocket expenses incurred by the WIFIA Credit Provider XXXXX Xxxxxx in connection with the WIFIA Credit ProviderXXXXX Xxxxxx’s exercise of its rights under this Section 14(p) at any time when an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Wifia Master Agreement

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Access; Records. (i) So long as the WIFIA Credit Facility Loan or any portion thereof shall remain outstanding and until five (5) years after the WIFIA Credit Facility Loan shall have been paid in full, the WIFIA Credit Provider Lender shall have the right, upon reasonable prior notice, to visit and visit, monitor and/or inspect any portion of the ProjectProject and its operations, to examine books of account and records of the Borrower relating to the Project, to make copies and extracts therefrom at the Borrower’s expense, and to discuss the Borrower’s affairs, finances and accounts relating to the Project with, and to be advised as to the same by, its officers and employees and its independent public accountants (and by this provision the Borrower irrevocably authorizes its independent public accountants to discuss with the WIFIA Credit Provider XXXXX Xxxxxx the affairs, finances and accounts of the Borrower, whether or not any representative of the Borrower is present, it being understood that nothing contained in this Section 14(p14(o) is intended to confer any right to exclude any such representative from such discussions), all at such reasonable times and intervals as the WIFIA Credit Provider Lender may request. The Borrower agrees to pay all out-of-pocket expenses incurred by the WIFIA Credit Provider XXXXX Xxxxxx in connection with the WIFIA Credit ProviderXXXXX Xxxxxx’s exercise of its rights under this Section 14(p14(o) at any time when an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Wifia Loan Agreement

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