Common use of Books and Records; Rights of Inspection Clause in Contracts

Books and Records; Rights of Inspection. The Company will keep, and will cause each Subsidiary to keep, proper books of record and account in which full and correct entries will be made of all dealings or transactions of or in relation to the business and affairs of the Company or such Subsidiary, in accordance with GAAP consistently maintained. The Company shall permit a representative of Purchaser to visit any of its properties and inspect its corporate books and financial records, and will discuss its accounts, affairs and finances with a representative of Purchaser, during reasonable business hours, at all such times as Purchaser may reasonably request.

Appears in 4 contracts

Samples: Debenture Purchase Agreement (Altris Software Inc), Debenture Purchase Agreement (Teltronics Inc), Preferred Stock Purchase Agreement (Teltronics Inc)

AutoNDA by SimpleDocs

Books and Records; Rights of Inspection. The Company will keep, and will cause each Subsidiary to keep, proper books of record and account in which full and correct entries will be made of all dealings or transactions of or in relation to the business and affairs of the Company or such Subsidiary, in accordance with GAAP consistently maintained. The Company shall permit a representative of Purchaser to visit any of its properties and inspect its corporate books and financial records, and will discuss its accounts, affairs and finances with a representative of Purchaser, during reasonable business hours, at all such times as Purchaser may reasonably request.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Altris Software Inc), Convertible Preferred Stock Purchase Agreement (Vista Information Solutions Inc)

Books and Records; Rights of Inspection. The Company will keep, and will cause each Subsidiary subsidiary to keep, proper books of record and account in which full and correct entries will be made of all dealings or transactions of or in relation to the business and affairs of the Company or such Subsidiarysubsidiary, in accordance with GAAP consistently maintained. The Company shall permit a representative of Purchaser the Investor to visit any of its properties and inspect its corporate books and financial records, and will discuss its accounts, affairs and finances with a representative of Purchaserthe Investor, during reasonable business hours, at all such times as Purchaser the Investor may reasonably request.

Appears in 2 contracts

Samples: Exchange Agreement (Berger Holdings LTD), Exchange Agreement (Argosy Investment Partners Lp)

Books and Records; Rights of Inspection. The Company will keepwill, and will cause each Subsidiary to keepto, keep proper books of record and account in which full and correct entries will be made of all dealings or transactions of or in relation to the business and affairs of the Company or such Subsidiary, in accordance with GAAP consistently maintained. The Company shall permit a representative representatives of Purchaser to visit any of its properties and inspect its corporate books and financial records, and will discuss its accounts, affairs and finances with a representative representatives of Purchaser, during reasonable business hours, at all such times as Purchaser may reasonably request.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Aqua Care Systems Inc /De/)

AutoNDA by SimpleDocs

Books and Records; Rights of Inspection. The Company will keep, and will cause each Subsidiary to keep, proper books of record and account in which full and correct entries will be made of all dealings or transactions of or in relation to the business and affairs of the Company or such Subsidiary, in accordance with GAAP consistently maintained. The Company shall permit a representative of Purchaser Lender to visit any of its properties and inspect its corporate books and financial records, and will discuss its accounts, affairs and finances with a representative of PurchaserLender, during reasonable business hours, at all such times as Purchaser Lender may reasonably request.

Appears in 1 contract

Samples: Loan Agreement (Bikers Dream Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.