Books and Records; Visitation. The Borrower shall (a) keep proper books of record and account in which complete, true and correct entries in conformity with Applicable Accounting Principles and all material requirements of law shall be made of all material dealings and transactions in relation to its business and activities, (b) upon reasonable prior notice (which shall in no event be required to be more than (i) one Business Day prior, at any time that a Default has occurred and is continuing, or (ii) five Business Days prior, at all other times) permit representatives of the Bank to visit the offices of the Borrower and to discuss the properties, assets, income and financial condition of the Borrower with the duly authorized representatives thereof and to inspect the books, property and records of the Borrower, and (c) upon the reasonable request of the Bank, deliver to the Bank a detailed list of assets of the Borrower.
Appears in 6 contracts
Samples: Credit Agreement (Tortoise Energy Independence Fund, Inc.), Credit Agreement (Tortoise Energy Independence Fund, Inc.), Credit Agreement (Tortoise Power & Energy Infrastructure Fund Inc)
Books and Records; Visitation. The Such Borrower shall (a) keep proper books of record and account in which complete, true and correct entries in conformity with Applicable Accounting Principles and all material requirements of law shall be made of all material dealings and transactions in relation to its business and activities, (b) upon reasonable prior written notice (which shall in no event be required to be more than (i) one Business Day prior, at any time that a an Event of Default has occurred and is continuing, or (ii) five Business Days prior, at all other times) permit representatives of the Bank to visit the offices of the such Borrower and to discuss the properties, assets, income and financial condition of the such Borrower with the duly authorized representatives thereof and to inspect the books, property and records of the such Borrower, and (c) upon the reasonable written request of the Bank, deliver to the Bank a detailed list of assets of the such Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Tweedy, Browne Fund Inc.), Credit Agreement (Tweedy, Browne Fund Inc.)
Books and Records; Visitation. The Such Borrower shall (a) keep proper books of record and account in which complete, true and correct entries in conformity with Applicable Accounting Principles and all material requirements of law shall be made of all material dealings and transactions in relation to its business and activities, (b) upon reasonable prior notice (which shall in no event be required to be more than (i) one Business Day prior, at any time that a Default has occurred and is continuing, or (ii) five Business Days prior, at all other times) permit representatives of the Bank to visit the U.S. offices of the such Borrower and to discuss the properties, assets, income and financial condition of the such Borrower with the duly authorized representatives thereof and to inspect the books, property and records of the such Borrower, and (c) upon the reasonable request of the Bank, deliver to the Bank a detailed list of assets of the such Borrower.
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Books and Records; Visitation. The Borrower shall (a) keep proper books of record and account in which complete, true and correct entries in conformity with Applicable Accounting Principles GAAP and all material requirements of law shall be made of all material dealings and transactions in relation to its business and activities, (b) upon reasonable prior notice (which shall in no event be required to be more than (i) one Business Day prior, at any time that a Default has occurred and is continuing, or (ii) five Business Days prior, at all other times) permit representatives of the Bank to visit the offices of the Borrower and to discuss the properties, assets, income and financial condition of the Borrower with the duly authorized representatives thereof and to inspect the books, property and records of the Borrower, and (c) upon the reasonable request of the Bank, deliver to the Bank a detailed list of assets of the Borrower.
Appears in 1 contract
Samples: Credit Agreement (Avenue Income Credit Strategies Fund)