Common use of Access; Records Clause in Contracts

Access; Records. (i) So long as any WIFIA Loan or any portion thereof shall remain outstanding and until five (5) years after such WIFIA Loan shall have been paid in full by the Borrower, the WIFIA 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 District relating to such Project, to make copies and extracts therefrom at the District’s expense, and to discuss the District’s affairs, finances and accounts relating to 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 District irrevocably authorizes its independent public accountants to discuss with the XXXXX Xxxxxx the affairs, finances and accounts of the District, whether or not any representative of the District is present, it being understood that nothing contained in this Section 17(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 Lender may request. The District agrees to pay all out- of-pocket expenses incurred by the XXXXX Xxxxxx in connection with the XXXXX Xxxxxx’s exercise of its rights under this Section 17(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 any WIFIA Loan or any portion thereof Outstanding Balance shall remain outstanding and until five (5) years after such WIFIA Loan the Outstanding Balance shall have been paid in full by the Borrowerfull, the WIFIA Lender Credit Provider shall have the right, upon reasonable prior notice, to visit and inspect any portion of the relevant ProjectWater System, to examine books of account and records of the District City relating to such Projectthe Water System, to make copies and extracts therefrom at the DistrictCity’s expense, and to discuss the DistrictCity’s affairs, finances and accounts relating to such Project the Water System with, and to be advised as to the same by, its officers and employees and its independent public accountants (and by this provision the District City irrevocably authorizes its independent public accountants to discuss with the XXXXX Xxxxxx WIFIA Credit Provider the affairs, finances and accounts of the DistrictCity, whether or not any representative of the District City is present, it being understood that nothing contained in this Section 17(p14(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 Lender Credit Provider may request. The District City agrees to pay all out- out-of-pocket expenses incurred by the XXXXX Xxxxxx WIFIA Credit Provider in connection with the XXXXX XxxxxxWIFIA Credit Provider’s exercise of its rights under this Section 17(p14(p) at any time when an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Wifia Credit Agreement

Access; Records. (i) So long as any WIFIA Loan or any portion thereof Outstanding Balance shall remain outstanding and until five (5) years after such WIFIA Loan the Outstanding Balance shall have been paid in full by the Borrowerfull, the WIFIA Lender Credit Provider shall have the right, upon reasonable prior notice, to visit and inspect any portion of the relevant ProjectWastewater System, to examine books of account and records of the District City relating to such Projectthe Wastewater System, to make copies and extracts therefrom at the DistrictCity’s expense, and to discuss the DistrictCity’s affairs, finances and accounts relating to such Project the Wastewater System with, and to be advised as to the same by, its officers and employees and its independent public accountants (and by this provision the District City irrevocably authorizes its independent public accountants to discuss with the XXXXX Xxxxxx WIFIA Credit Provider the affairs, finances and accounts of the DistrictCity, whether or not any representative of the District City is present, it being understood that nothing contained in this Section 17(p14(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 Lender Credit Provider may request. The District City agrees to pay all out- out-of-pocket expenses incurred by the XXXXX Xxxxxx WIFIA Credit Provider in connection with the XXXXX XxxxxxWIFIA Credit Provider’s exercise of its rights under this Section 17(p14(p) at any time when an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Wifia Credit Agreement

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Access; Records. (i) So long as any the WIFIA Loan or any portion thereof shall remain outstanding and until five (5) years after such the WIFIA Loan shall have been paid in full by the Borrower, the WIFIA 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 District City relating to such the Project, to make copies and extracts therefrom at the DistrictCity’s expense, and to discuss the DistrictCity’s affairs, finances and accounts relating to such 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 District City irrevocably authorizes its independent public accountants to discuss with the XXXXX Xxxxxx WIFIA Lender the affairs, finances and accounts of the DistrictCity, whether or not any representative of the District City is present, it being understood that nothing contained in this Section 17(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 Lender may request. The District City agrees to pay all out- out-of-pocket expenses incurred by the XXXXX Xxxxxx WIFIA Lender in connection with the XXXXX XxxxxxWIFIA Lender’s exercise of its rights under this Section 17(p) 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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