Books and Records; Inspection; Audits. The Borrower shall: (1) maintain complete and accurate books and financial records in accordance with GAAP (except that interim financial statements need not contain footnotes and may be subject to normal year-end audit adjustments); (2) during normal working hours permit the Agent, the Banks and Persons designated by the Agent and the Banks to visit and inspect its properties and to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its accounts receivable), and to discuss its affairs, finances and accounts receivable and operations with its directors, officers, employees and agents and its independent public accountants; and (3) permit the Agent, the Banks and Persons designated by the Agent and the Banks to perform reviews of such books and financial records when and as requested by the Agent or any Bank.
Books and Records; Inspection; Audits. (a) The Borrower shall, and shall cause each Obligor to, maintain proper books and records with respect to the operation of its business in accordance with GAAP consistently applied; the Borrower shall, and shall cause each Obligor to, permit authorized representatives of the Administrative Agent to visit and inspect from time to time upon reasonable written notice during business hours (or at any time after the occurrence and during the continuance of an Event of Default hereunder) any of the offices and other facilities of the Borrower or such other Obligor to examine the books and records of the Borrower or such Obligor and make copies or extracts therefrom, to examine the inventory and other assets of the Borrower or such other Obligor to conduct field examinations and collateral audits with respect to the assets of the Borrower or such other Obligor, and to discuss the affairs, inventory and accounts of the Borrower or such other Obligor with its officers and accountants; provided that such inspections, field examinations or audits shall not unreasonably interfere with business operations.
(b) With respect to each Funded Project, the Borrower and the applicable Project Company shall, at the Borrower’s expense, permit the Independent Engineer to, not more than once each calendar quarter (unless an Event of Default shall have occurred and be continuing), visit the applicable Site and, prior to Substantial Completion of each such Funded Project, provide a report on the status of construction.
Books and Records; Inspection; Audits. (i) Maintain complete and accurate books and financial records in accordance with GAAP; (ii) during normal working hours permit the Administrative Agent and Persons designated by the Administrative Agent to visit and inspect its properties and to conduct any environmental tests or audits thereon, to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its accounts receivable), and to discuss its affairs, finances and accounts receivable and operations with its members, officers, employees and agents and its independent public accountants at the expense of the Borrower; and (iii) permit the Administrative Agent and Persons designated by the Administrative Agent to perform audits of such books and financial records at the expense of the Borrower when and as requested by the Administrative Agent.
Books and Records; Inspection; Audits. (i) Maintain complete and accurate books and financial records in accordance with GAAP; (ii) during normal working hours permit the Administrative Agent and Persons designated by the Administrative Agent to visit and inspect its properties and to conduct any environmental tests or audits thereon, to perform audits of its accounts receivable and inventory and to inspect its books and financial records (including its journals, orders, receipts and correspondence which relate to its accounts receivable and inventory), to make copies and to take extracts therefrom, and to discuss its affairs, finances and accounts receivable and operations with its members, officers, employees and agents and its independent public accountants at the expense of the Borrower; (iii) permit the Administrative Agent and Persons designated by the Administrative Agent to perform audits of such books and financial records at the expense of the Borrower when and as requested by the Administrative Agent.
Books and Records; Inspection; Audits. 12.2.1 Seller shall at all times maintain complete, accurate and current books and records, including a general ledger and subsidiary ledgers, cash receipts and disbursement journals, sales journals, and such other records as a business such as Seller shall reasonably maintain, in accordance with the standards set forth in Section 727(a)(3) of the United States Bankruptcy Code.
12.2.2 From time to time as requested by Purchaser, at the sole expense of Seller, Purchaser shall have access, during reasonable business hours if prior to an Event of Default and at any time if on or after of an Event of Default, to all premises where Collateral is located for the purposes of inspecting (and removing, if after the occurrence of an Event of Default) any of the Collateral, including Seller’s books and records, and Seller shall permit Purchaser to make copies of such books and records or extracts therefrom as Purchaser may request.
12.2.3 Seller irrevocably authorizes all accountants and third parties employed by Seller to disclose and deliver to Purchaser at Seller’s expense all financial information, books and records, work papers, management reports and other information in their possession relating to Seller.
Books and Records; Inspection; Audits. (A) Maintain complete and accurate books and financial records in accordance with GAAP; and (B) during normal working hours permit the Collateral Agent and the Noteholders to visit and inspect its properties and to conduct any environmental tests or audits thereon, to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its accounts receivable), and to discuss its affairs, finances and accounts receivable and operations with its members, officers, employees and its independent public accountants at the expense of the Guarantor.
Books and Records; Inspection; Audits. The Borrower shall, and shall cause each Subsidiary to, maintain proper books and records with respect to the operation of its business in accordance with GAAP consistently applied; the Borrower shall, and shall cause each Subsidiary to, permit authorized representatives of the Administrative Agent to visit and inspect from time to time upon reasonable written notice during business hours (or at any time after the occurrence and during the continuance of an Event of Default hereunder) any of the offices and other facilities of the Borrower or such Subsidiary to examine the books and records of the Borrower or such Subsidiary and make copies or extracts therefrom, to examine the inventory and other assets of the Borrower or such Subsidiary, to conduct field examinations and collateral audits with respect to the assets of the Borrower or such Subsidiary, and to discuss the affairs, inventory and accounts of the Borrower or such Subsidiary with its officers and accountants, provided that such inspections, field examinations or audits shall not unreasonably interfere with business operations.
Books and Records; Inspection; Audits. The Borrower shall maintain proper books and records with respect to the operation of its business in accordance with GAAP consistently applied; permit authorized representatives of the Administrative Agent to visit and inspect from time to time upon reasonable notice during business hours (or at any time after the occurrence and during the continuance of an Event of Default hereunder) the Property and any of the offices of the Borrower, to examine the books and records of the Borrower and make copies or extracts therefrom and to discuss the affairs of the Borrower with its officers and accountants.
Books and Records; Inspection; Audits. Each Borrower shall: (1) maintain complete and accurate books and financial records in accordance with GAAP in all material respects (except that interim financial statements need not contain footnotes and may be subject to normal year-end audit adjustments); (2) during normal working hours (and upon not less than 5 days prior written notice, unless a Default or Event of Default exists) permit the Bank and Persons designated by the Bank to visit and inspect its properties, to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its accounts receivable), and (without regard to the foregoing 5-day prior notice requirement) to discuss its affairs, finances and accounts receivable and operations with its directors, officers, employees and agents and its independent public accountants; and
Books and Records; Inspection; Audits. Each Borrower shall, and shall cause each of its Subsidiaries to: (1) maintain complete and accurate books and financial records in accordance with GAAP (except that interim financial statements need not contain footnotes and may be subject to normal year-end audit adjustments); (2) during normal working hours permit the Agent, any Bank and Persons designated by the Agent or any Bank to visit and inspect its properties and to conduct any environmental tests or audits thereon, to inspect its books and financial records (including its journals, orders, receipts and correspondence which relates to its Accounts), and to discuss its affairs, finances and Accounts and operations with its directors, officers, employees and agents and its independent public accountants; and (3) permit the Agent, any Bank and Persons designated by the Agent or any Bank to perform audits of such books and financial records when and as reasonably requested by the Agent or any Bank. At least once every 12 months, the Borrowers at their expense shall cause an auditor reasonably satisfactory to the Agent to deliver to the Agent and the Banks a report, reasonably satisfactory in form to the Agent, regarding the Inventory and Accounts of each Borrower and Guarantor Subsidiary; provided, however, that, so long an any Event of Default exists, Borrowers at their expense shall cause such auditor’s report to be issued and delivered to the Agent and the Banks at such times and as frequently as the Agent may request.
