Common use of Access; Right of Inspection Clause in Contracts

Access; Right of Inspection. The Priority Lien Collateral Trustee shall at all times have full and free access during normal business hours and upon reasonable prior notice to all the books, correspondence and records of each Grantor, and the Priority Lien Collateral Trustee and its representatives may examine the same, take extracts therefrom and make photocopies thereof, and each Grantor agrees to render to the Priority Lien Collateral Trustee, at such Grantor’s cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Priority Lien Collateral Trustee and its representatives shall at all times also have the right to enter any premises of each Grantor during normal business hours and upon reasonable prior notice and inspect any property of each Grantor where any of the Collateral of such Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein.

Appears in 3 contracts

Samples: Priority Lien Debt (NewPage CORP), Priority Lien Debt (NewPage Energy Services LLC), Priority Lien Debt (NewPage Holding CORP)

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Access; Right of Inspection. The Priority Lien Collateral Trustee shall (at such Grantor’s expense) at all times have full and free access (following reasonable advance notice) during normal business hours and upon reasonable prior notice to all the books, correspondence and records of each Grantor, and the Priority Lien Collateral Trustee and its representatives may (but shall not be obligated to) examine the same, take extracts therefrom and make photocopies thereof, and each Grantor agrees to render to the Priority Lien Collateral Trustee, at such Grantor’s cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Priority Lien Collateral Trustee and its representatives shall at all times (following reasonable advance notice) also have the right (but not the obligation) to enter any premises of each Grantor during normal business hours and upon reasonable prior notice and inspect any property of each Grantor (during normal business hours) where any of the Collateral of such Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Ocwen Financial Corp), Pledge and Security Agreement (Ocwen Financial Corp), Security Agreement (Ocwen Financial Corp)

Access; Right of Inspection. The Priority Lien Collateral Trustee Agent shall at all times times, upon reasonable prior notice (unless an Event of Default shall have occurred and be continuing, in which case prior notice shall not be required), have full and free access during normal business hours and upon reasonable prior notice to all the books, correspondence and records of each Grantor, and the Priority Lien Collateral Trustee Agent and its representatives may examine the same, take extracts therefrom and make photocopies thereof, and each Grantor agrees to render to the Priority Lien Collateral TrusteeAgent, at such Grantor’s 's cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Priority Lien Collateral Trustee Agent and its representatives shall at all times also have the right right, upon reasonable prior notice (unless an Event of Default shall have occurred and be continuing, in which case prior notice shall not be required), to enter any premises of each Grantor during normal business hours and upon reasonable prior notice and inspect any property of each Grantor where any of the Collateral of such Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Uae Ref Fuel Ii Corp), Pledge and Security Agreement (MSW Energy Hudson LLC)

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Access; Right of Inspection. The Priority Lien Collateral Trustee Agent shall (at the Grantor’s expense) at all times have full and free access (following reasonable advance notice) during normal business hours and upon reasonable prior notice to all the books, correspondence and records of each the Grantor, and the Priority Lien Collateral Trustee Agent and its representatives may (but shall not be obligated to) examine the same, take extracts therefrom and make photocopies thereof, and each the Grantor agrees to render to the Priority Lien Collateral TrusteeAgent, at such the Grantor’s cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Priority Lien Collateral Trustee Agent and its representatives shall at all times (following reasonable advance notice) also have the right (but not the obligation) to enter any premises of each the Grantor during normal business hours and upon reasonable prior notice and inspect any property of each the Grantor (during normal business hours) where any of the Collateral of such the Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein.

Appears in 1 contract

Samples: Pledge and Security Agreement (Ocwen Financial Corp)

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