Common use of Access to Records and Documents Clause in Contracts

Access to Records and Documents. It shall cause the Collateral Manager and the Fund to permit (at the Borrower’s expense) the Facility Agent, or its designees, to, upon reasonable advance notice and during normal business hours, visit and inspect and make copies of (i) the Collateral Manager’s books, records and accounts relating to (A) the Borrower’s business, financial condition, operations and assets and (B) the Collateral Manager’s and the Borrower’s performance under the Facility Documents and the Related Documents and to discuss the foregoing with the Collateral Manager’s officers, partners, employees and accountants, (ii) the Fund’s books, records and accounts relating to the Borrower’s business, financial condition, operations, assets and (B) the Fund’s and the Borrower’s performance under the Facility Documents and the Related Documents and to discuss the foregoing with the Fund’s officers, partners, employees and accountants and (iii) all of the Related Documents available to the Collateral Manager and the Fund; provided that, so long as no Event of Default or Early Amortization Event has occurred and is continuing, the Facility Agent and any designee thereof, in the aggregate, entitled to so visit and inspect the Collateral Manager’s and the Fund’s records under this clause (e) may only exercise its rights under this clause (e) once during any fiscal year of the Collateral Manager and the Fund and only one such annual visit per annum shall be at the Borrower’s expense;