Books, Records and Inspections; Annual Meetings. The Borrower and each Parent Guarantor will, and will cause each of its Subsidiaries to, keep proper books of record and accounts in which full, true and correct (in all material respects) entries in conformity with GAAP and all requirements of law shall be made of all dealings and transactions in relation to its business and activities. The Borrower and the Parent Guarantors will, and will cause each other Loan Party to, permit officers and designated representatives of the Administrative Agent and, upon the occurrence and during the continuance of an Event of Default, the Lenders (coordinated through the Administrative Agent) at the expense of the Borrower (a) to visit and inspect, under guidance of officers of the Borrower or such other Loan Party, any of the properties of the Borrower or such other Loan Party, and (b) to examine the books of account of the Borrower or such other Loan Party and discuss the affairs, finances and accounts of the Borrower or such other Loan Party with, and be advised as to the same by, its and their officers and independent accountants, all upon reasonable prior notice and at such reasonable times and intervals and to such reasonable extent as the Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, such Lenders (coordinated through the Administrative Agent) may reasonably request; provided, however, that, in the case of clauses (a) and (b) so long as no Event of Default exists, the Administrative Agent shall be limited to one such visit during any Fiscal Year of the Borrower at the expense of the Borrower at locations reasonably requested by the Administrative Agent. The Loan Parties shall maintain their fiscal reporting period on a March 31 fiscal year, and each Domestic Subsidiary shall maintain its respective fiscal reporting period on the present basis.
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Samples: Term Loan Credit Agreement (Pyxus International, Inc.), Term Loan Credit Agreement (Pyxus International, Inc.), Amendment and Restatement Agreement (Pyxus International, Inc.)
Books, Records and Inspections; Annual Meetings. (a) The Borrower and each Parent Guarantor will, and will cause each of its Subsidiaries to, keep proper books of record and accounts in which full, true and correct (in all material respects) entries in conformity with GAAP generally accepted accounting principles and all requirements of law shall be made of all dealings and transactions in relation to its business and activities. The Borrower and the Parent Guarantors will, and will cause each other Loan Party of its Subsidiaries to, permit officers and designated representatives of the Administrative any Agent and, upon the occurrence and during the continuance of an Event of Default, the Lenders (coordinated through the Administrative Agent) at the expense of the Borrower Agent or, if any Default or Event of Default then exists, at the expense of the Borrower) or any Lender (aat the expense of such Lender) to visit and inspect, under guidance of officers of the Borrower or such other Loan PartySubsidiary, any of the properties of the Borrower or such other Loan PartySubsidiary, and (b) to examine the books of account of the Borrower or such other Loan Party Subsidiary and discuss the affairs, finances and accounts of the Borrower or such other Loan Party Subsidiary with, and be advised as to the same by, its and their officers and independent accountants, all upon reasonable prior notice and at such reasonable times and intervals and to such reasonable extent as the Administrative such Agent or, upon the occurrence and during the continuance of an Event of Default, or such Lenders (coordinated through the Administrative Agent) Lender may reasonably request; provided, however, that, in the case of clauses (a) and .
(b) so long as no Event At a date to be mutually agreed upon between the Agents and the Borrower occurring on or prior to the 120th day after the close of Default existseach fiscal year of the Borrower, the Administrative Agent Borrower shall, at the request of the Agents, hold a meeting to which all of the Lenders shall be limited invited to one such visit during any Fiscal Year attend at each respective Lender's expense, at which meeting shall be reviewed the financial results of the Borrower at and its Subsidiaries for the expense previous fiscal year and the budgets presented for the current fiscal year of the Borrower at locations reasonably requested by the Administrative Agent. The Loan Parties shall maintain their fiscal reporting period on a March 31 fiscal year, and each Domestic Subsidiary shall maintain its respective fiscal reporting period on the present basisBorrower.
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