Auditor General, etc. To ensure compliance with the terms of this Agreement and the Michigan Strategic Fund Act, MCL125.2001 et. seq.: (a) the Lender shall permit the Auditor General of the State of Michigan (the “Auditor General”), the MSF, the MEDC, and the Chief Compliance Officer of the MSF (the “CCO”), and any representative, member, employee or agent of the foregoing to visit the Lender and any other location where the books and records of the Lender are normally kept to inspect the books and records, including financial records and all other information and data, relevant to the Loan, the Loan documents and the terms of this Agreement; (b) the Lender shall permit the Auditor General, the MSF, the MEDC, the CCO, and any member, employee or agent of the foregoing to make copies or extracts from information and to discuss the affairs, finances and accounts of the Lender and Borrower related to the Loan, the Loan documents and this Agreement; and (c) the Lender shall cooperate with the CCO, if contacted. This Section shall survive for a period of three years from date of termination of the Agreement.
Appears in 2 contracts
Samples: Small Business Capital Access Program Agreement, Small Business Capital Access Program Agreement
Auditor General, etc. To ensure compliance with the terms of this Participation Agreement and the Michigan Strategic Fund Act, MCL125.2001 et. seq.:
(a) the Lender shall permit the Auditor General of the State of Michigan (the “Auditor General”), the MSF, the MEDC, and the Chief Compliance Officer of the MSF (the “CCO”), and any representative, member, employee or agent of the foregoing to visit the Lender and any other location where the books and records of the Lender are normally kept to inspect the books and records, including financial records and all other information and data, relevant to the Loan, the Loan documents Documents and the terms of this Participation Agreement;
(b) the Lender shall permit the Auditor General, the MSF, the MEDC, the CCO, and any member, employee or agent of the foregoing to make copies or extracts from information and to discuss the affairs, finances and accounts of the Lender and Borrower related to the Loan, the Loan documents Documents and this Participation Agreement; and
(c) the Lender shall cooperate with the CCO, if contacted. This Section shall survive for a period of three years from the effective date of termination of the Participation Agreement.
Appears in 2 contracts
Samples: Loan Participation and Servicing Agreement, Loan Participation and Servicing Agreement
Auditor General, etc. To ensure compliance with the terms of this Deposit Agreement and the Michigan Strategic Fund Act, MCL125.2001 et. seq.:
(a) : the Lender shall permit the Auditor General of the State of Michigan (the “Auditor General”), the MSF, the MEDC, and the Chief Compliance Officer of the MSF (the “CCO”), and any representative, member, employee or agent of the foregoing to visit the Lender and any other location where the books and records of the Lender are normally kept to inspect the books and records, including financial records and all other information and data, relevant to the Loan, the Loan documents Documents and the terms of this Deposit Agreement;
(b) ; the Lender shall permit the Auditor General, the MSF, the MEDC, the CCO, and any member, employee or agent of the foregoing to make copies or extracts from information and to discuss the affairs, finances and accounts of the Lender and Borrower related to the Loan, the Loan documents Documents and this Deposit Agreement; and
(c) and the Lender shall cooperate with the CCO, if contacted. This Section shall survive for a period of three years from the effective date of termination of the Deposit Agreement.
Appears in 2 contracts
Samples: Cash Collateral Deposit Agreement, Cash Collateral Deposit Agreement
Auditor General, etc. To ensure compliance with the terms of this Agreement and the Michigan Strategic Fund Act, MCL125.2001 et. seq.:
(a) the Lender shall permit the Auditor General of the State of Michigan (the “Auditor General”), the MSF, the MEDC, and the Chief Compliance Officer of the MSF (the “CCO”), and any representative, member, employee or agent of the foregoing to visit the Lender and any other location where the books and records of the Lender are normally kept to inspect the books and records, including financial records and all other information and data, relevant to the Loan, the Loan documents Documents and the terms of this Agreement;
(b) the Lender shall permit the Auditor General, the MSF, the MEDC, the CCO, and any member, employee or agent of the foregoing to make copies or extracts from information and to discuss the affairs, finances and accounts of the Lender and Borrower related to the Loan, the Loan documents Documents and this Agreement; and
(c) the Lender shall cooperate with the CCO, if contacted. This Section shall survive for a period of three years from date of termination of the Agreement.
Appears in 1 contract
Samples: Loan Guarantee Agreement
Auditor General, etc. To ensure compliance with the terms of this Agreement and the Michigan Strategic Fund Act, MCL125.2001 et. seq.:
(a) the Lender shall permit the Auditor General of the State of Michigan (the “Auditor General”), the MSF, the MEDC, and the Chief Compliance Officer of the MSF (the “CCO”), and any representative, member, employee or agent of the foregoing to visit the Lender and any other location where the books and records of the Lender are normally kept to inspect the books and records, including financial records and all other information and data, relevant to the Loan, the End Loan documents Documents and the terms of this Agreement;
(b) the Lender shall permit the Auditor General, the MSF, the MEDC, the CCO, and any member, employee or agent of the foregoing to make copies or extracts from information and to discuss the affairs, finances and accounts of the Lender and Borrower related to the Loan, the End Loan documents Documents and this Agreement; and
(c) the Lender shall cooperate with the CCO, if contacted. This Section shall survive for a period of three years from date of termination of the Agreement.
Appears in 1 contract
Samples: Loan Guarantee Agreement