Availability of Documents. The Secured Parties and their agents, accountants, attorneys and auditors (each an "Inspecting Party") will be permitted from time to time upon not less than three Business Days' written notice to the Collateral Agent and the Company, and at such time as may be mutually acceptable to such Inspecting Party, the Collateral Agent and the Company to examine (to the extent permitted by applicable law) the files, documents, records and other papers in the possession or under the control of the Collateral Agent relating to any or all Collateral and to make copies thereof. Any such activity will be at the cost and expense of the Secured Party requesting such access, except that following the occurrence of a Default, all reasonable out-of-pocket costs and expenses associated with the exercise by a Secured Party of its rights under this Paragraph 11 shall be promptly paid by the Company upon demand of the Credit Agent.
Appears in 3 contracts
Samples: Security and Collateral Agency Agreement (Pulte Homes Inc/Mi/), Security Agreement (Pulte Homes Inc/Mi/), Security and Collateral Agency Agreement (Pulte Homes Inc/Mi/)
Availability of Documents. The Secured Parties and their agents, accountants, attorneys and auditors (each an "Inspecting Party") will be permitted from time to time upon not less than three Business Days' written reasonable notice to the Collateral Agent and the Company, and at such time as may be mutually acceptable to such Inspecting Party, the Collateral Agent and the Company to examine (to the extent permitted by applicable law) the files, documents, records and other papers in the possession or under the control of the Collateral Agent relating to any or all Collateral and to make copies thereof. Any such activity will be at the cost and expense of the Secured Party requesting such access, except that following the occurrence of a an Event of Default, all reasonable out-of-pocket costs and expenses associated with the exercise by a Secured Party the Credit Agent of its rights under this Paragraph 11 12 shall be promptly paid by the Company upon demand of the Credit Agent.
Appears in 2 contracts
Samples: Security and Collateral Agency Agreement (Source One Mortgage Services Corp), Security Agreement (Source One Mortgage Services Corp)
Availability of Documents. The Secured Parties and their agents, accountants, attorneys and auditors (each an "Inspecting Party") will be permitted from time to time upon not less than three Business Days' written notice to the Collateral Agent and the Company, and at such time as may be mutually acceptable to such Inspecting Party, the Collateral Agent and the Company to examine (to the extent permitted by applicable law) the files, documents, records and other papers in the possession or under the control of the Collateral Agent relating to any or all Collateral and to make copies thereof. Any such activity will be at the cost and expense of the Secured Party requesting such access, except that following the occurrence of a Default, all reasonable out-of-pocket costs and expenses associated with the exercise by a Secured Party of its rights under this Paragraph 11 shall be promptly paid by the Company upon demand of the Credit Agent. 12.
Appears in 1 contract
Availability of Documents. The Secured Parties and their agents, accountants, attorneys and auditors (each an "Inspecting Party") will be permitted from time to time upon not less than three Business Days' written reasonable notice to the Collateral Agent and the Company, and at such time as may be mutually acceptable to such Inspecting Party, the Collateral Agent and the Company to examine (to the extent permitted by applicable law) the files, documents, records and other papers in the possession or under the control of the Collateral Agent relating to any or all Collateral and to make copies thereof. Any such activity will be at the cost and expense of the Secured Party requesting such access, except that following the occurrence of a an Event of Default, all reasonable out-of-pocket costs and expenses associated with the exercise by a Secured Party the Credit Agent or the Note Trustee of its rights under this Paragraph 11 12 shall be promptly paid by the Company upon demand of the Credit AgentAgent or the Note Trustee, as applicable.
Appears in 1 contract
Samples: Security and Collateral Agency Agreement (Source One Mortgage Services Corp)