Common use of Access to Project; Records Clause in Contracts

Access to Project; Records. Subject to reasonable notice, the Issuer and the Trustee, and the respective duly authorized agents of each, shall have the right (but not any duty or obligation) at all reasonable times and during normal business hours: (a) to enter the Project and any other location containing the records relating to the Borrower, the Project, the Junior Loan and the Borrower’s compliance with the terms and conditions of the Junior Loan Documents; (b) to inspect and audit any and all of the Borrower’s records or accounts pertaining to the Borrower, the Project, the Junior Loan and the Borrower’s compliance with the terms and conditions of the Junior Loan Documents; and (c) to require the Borrower, at the Borrower’s sole expense, (i) to furnish such documents to the Issuer and the Trustee, as the Issuer or the Trustee, as the case may be, from time to time, deems reasonably necessary in order to determine that the provisions of the Junior Loan Documents have been complied with and (ii) to make copies of any records that the Issuer or the Trustee or the respective duly authorized agents of each, may reasonably require. The Borrower shall make available to the Issuer and the Trustee, such information concerning the Project, the Junior Mortgage and the Junior Loan Documents as any of them may reasonably request.

Access to Project; Records. Subject to reasonable notice, the Issuer and the Trustee, and the respective duly authorized agents of each, shall have the right (but not any duty or obligation) at all reasonable times and during normal business hours: (a) to enter the Project Projects and any other location containing the records relating to the Borrower, the ProjectProjects, the Junior Loan and the Borrower’s compliance with the terms and conditions of the Junior Loan Documents; (b) to inspect and audit any and all of the Borrower’s records or accounts pertaining to the Borrower, the ProjectProjects, the Junior Loan and the Borrower’s compliance with the terms and conditions of the Junior Loan Documents; and (c) to require the Borrower, at the Borrower’s sole expense, (i) to furnish such documents to the Issuer and the Trustee, as the Issuer or the Trustee, as the case may be, from time to time, deems reasonably necessary in order to determine that the provisions of the Junior Loan Documents have been complied with and (ii) to make copies of any records that the Issuer or the Trustee or the respective duly authorized agents of each, may reasonably require. The Borrower shall make available to the Issuer and the Trustee, such information concerning the ProjectProjects, the Junior Mortgage and the Junior Loan Documents as any of them may reasonably request.