Audits by Lender. 27 15.16. Access to Officers and Auditors. . . . . . . . . . . 27 15.17. Further Assurances.. . . . . . . . . . . . . . . . . 28
Audits by Lender. Upon the occurrence of an Event of Default or if the Lender reasonably believes that an Event of Default is imminent based on reports or financial reports received by Lender, permit the Lender and its duly authorized agents to make, or cause to be made, inspections of any of Borrower's properties and examinations and audits of any books, records and papers of the Borrower and to make extracts therefrom at all such reasonable times and as often as the Lender may reasonably require.
Audits by Lender. 31 6.12 Access to Officers and Auditors....................................... 31 6.13
Audits by Lender. Permit Lender or Persons authorized by and acting on behalf of Lender at any time and from time to time during normal business hours to audit the books and records, and inspect any of the property, of each Covered Person from time to time upon reasonable prior notice to such Covered Person, and in the course thereof permit Lender or such Persons to make copies or abstracts of such books and records and discuss the affairs, finances and books and records of such Covered Person with its accountants, bonding and surety companies, officers and employees. Company shall cause each Covered Person to cooperate with Lender and such Persons in the conduct of such audits and shall deliver to Lender any instrument necessary for Lender to obtain records from any service bureau maintaining records for such Covered Person. The reasonable expenses of Lender incurred in conducting the foregoing audits and inspections, after a Default or Event of Default, shall be reimbursed by Company to Lender.
Audits by Lender. After reasonable notice, Lender or Persons authorized by and acting on behalf of Lender may at any time and from time to time during normal business hours audit the books and records, and inspect any of the property, of each Covered Person from time to time upon reasonable notice to such Covered Person, and in the course thereof may make copies or abstracts of such books and records (provided, however, that no notice shall be required prior to such audit or inspection at any time there is an Existing Default). Each Covered Person shall cooperate with Lender and such Persons in the conduct of such audits and shall deliver to Lender any instrument necessary for Lender to obtain records from any service bureau maintaining records for such Covered Person. Borrower shall reimburse Lender for all costs and expenses actually incurred by it in conducting each audit. Borrower shall be required to reimburse Lender for only one such audit in each fiscal year, unless there is an Existing Default, in which case Borrower shall be required to reimburse Lender for all such audits conducted by Lender.
Audits by Lender. Lender or Persons authorized by and acting on behalf of Lender or any Lender may at any time and from time to time during normal business hours audit the books and records, and inspect any of the property, of each Covered Person from time to time upon reasonable prior notice to such Covered Person, and in the course thereof may make copies or abstracts of such books and records and discuss the affairs, finances and books and records of such Covered Person with its accountants, officers and employees. Borrower shall cause each Covered Person to cooperate with Lender and such Persons in the conduct of such audits and shall deliver to Lender any instrument necessary for Lender to obtain records from any service bureau maintaining records for such Covered Person. Borrower shall reimburse Lender for all reasonable costs and expenses actually incurred by it in conducting each audit; provided, however, that if an Event of Default has not occurred, such reimbursement for each such audit shall be limited to $500 per day per person involved in conducting the audit plus Lender's other reasonable actual out-of-pocket expenses.
Audits by Lender. Lender or Persons authorized by and acting on behalf of Lender may at any time during normal business hours audit the books and records of each Covered Person from time to time upon reasonable notice to such Covered Person, and in the course thereof may make copies or abstracts of such books and records and discuss the affairs, finances and books and records of such Covered Person with its accountants and officers. Each Covered Person shall cooperate with Lender and such Persons in the conduct of such audits and shall deliver to Lender any instrument necessary for Lender to obtain records from any service bureau maintaining records for such Covered Person. If a Default or an Event of Default has occurred and is continuing, Borrower shall reimburse Lender for all costs and expenses incurred by it in conducting such audit.
Audits by Lender. Lender or Persons authorized by and acting on behalf of Lender may at any time and from time to time during normal business hours audit the books and records, and inspect any of the property, of each Covered Person from time to time upon reasonable notice to such Covered Person, and in the course thereof may make copies or abstracts of such books and records and discuss the affairs, finances and books and records of such Covered Person with its accountants, officers and employees. Each Covered Person shall cooperate with Lender and such Persons in the conduct of such audits and shall deliver to Lender any instrument necessary for Lender to obtain records from any service bureau maintaining records for such Covered Person. If an Event of Default has occurred that has not been waived by Lender, Borrower shall reimburse Lender for all costs and expenses actually incurred by it in conducting each audit.
Audits by Lender. Lender or Persons authorized by and acting on behalf of Lender may at any time during normal business hours audit the books and records of each Covered Person from time to time upon reasonable notice to such Covered Person, and in the course thereof may make copies or abstracts of such books and records and discuss the affairs, finances and books and records of such Covered Person with its accountants and officers. Each Covered Person shall cooperate with Lender and such Persons in the conduct of such audits and shall deliver to Lender any instrument necessary for Lender to obtain records from any service bureau maintaining records for such Covered Person. After the occurrence of a Default that is continuing or the occurrence of an Event of Default, Borrower shall reimburse Lender for all costs and expenses incurred by Lender in conducting each audit.
Audits by Lender. Lender or Persons authorized by and acting on behalf of Lender may at any time and from time to time during normal business hours audit the books and records, and inspect any of the property, of each Covered Person from time to time upon reasonable notice to such Covered Person, and in the course thereof may make copies or abstracts of such books and records and discuss the affairs, finances and books and records of such Covered Person with its accountants, officers and employees. Each Covered Person shall cooperate with Lender and such Persons in the conduct of such audits and shall deliver to Lender any instrument necessary for Lender to obtain records from any service bureau maintaining records for such Covered Person. Borrower shall reimburse Lender for all costs and expenses actually incurred by it in conducting each audit; provided, however, that if an Event of Default has not occurred, such reimbursement for each such audit shall be limited to $500 per day per person involved in conducting the audit plus Lender's other actual out-of-pocket expenses.
