Common use of Field Examination by Independent Public Accountants Clause in Contracts

Field Examination by Independent Public Accountants. Upon the prior written notice of the Insurer at any time, each of the Seller shall permit the independent public accountants of the Seller or, if such independent public accountants are not acceptable to the Insurer, independent public accountants designated by the Insurer, annually to conduct a field examination of the Seller pursuant to an agreed upon procedures scope attached in the form of Exhibit B hereto, and in connection therewith shall permit such independent public accountants without limitation: (i) to inspect the books and records of the Seller; and (ii) to discuss the affairs, finances and accounts of the Seller with the Seller's independent accountants, provided that an officer of the Seller shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours at the cost and expense of such Seller, subject to Section 3.3(b) hereof, and shall not unreasonably disrupt the business of the Seller.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Alliance Laundry Corp)

AutoNDA by SimpleDocs

Field Examination by Independent Public Accountants. Upon the prior written notice of the Insurer at any time, each of the Seller shall permit the independent public accountants of the Seller or, if such independent public accountants are not acceptable to the Insurer, independent public accountants Independent Public Accountants designated by the Insurer, annually to conduct a field examination of the Seller pursuant to an agreed upon procedures scope attached in the form of Exhibit B hereto, and in connection therewith shall permit such independent public accountants or Independent Public Accountants, as the case may be, without limitation: (i) to inspect the books and records of the Seller; and (ii) to discuss the affairs, finances and accounts of the Seller with the Seller's independent accountants, provided that an officer of the Seller shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours at the cost and expense of such Seller, subject to Section 3.3(b) hereof, and shall not unreasonably disrupt the business of the Seller.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Alliance Laundry Holdings LLC)

Field Examination by Independent Public Accountants. Upon the reasonable prior written notice of the Insurer at any time, each of the Seller Issuer shall permit the independent public accountants of the Seller Issuer or, if such independent public accountants are not acceptable to the Insurer, independent public accountants designated by the Insurer, annually to conduct a field examination of the Seller Issuer pursuant to an agreed upon procedures scope attached in the form of Exhibit B hereto, and in connection therewith shall permit such independent public accountants without limitation: (i) to inspect the books and records of the SellerIssuer; and (ii) to discuss the affairs, finances and accounts of the Seller Issuer with the Seller's Issuer’s independent accountants, provided that an officer of the Seller Issuer shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours at the cost and expense of such Sellerthe Issuer, subject to Section 3.3(b) hereof, and shall not unreasonably disrupt the business of the SellerIssuer.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Alliance Laundry Systems LLC)

Field Examination by Independent Public Accountants. Upon the reasonable prior written notice of the Insurer at any time, each of the Seller Issuer shall permit the independent public accountants of the Seller Issuer or, if such independent public accountants are not acceptable to the Insurer, independent public accountants designated by the Insurer, annually to conduct a field examination of the Seller Issuer pursuant to an agreed upon procedures scope attached in the form of Exhibit B hereto, and in connection therewith shall permit such independent public accountants without limitation: (i) to inspect the books and records of the SellerIssuer; and (ii) to discuss the affairs, finances and accounts of the Seller Issuer with the SellerIssuer's independent accountants, provided that an officer of the Seller Issuer shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours at the cost and expense of such SellerIssuer, subject to Section 3.3(b) hereof, and shall not unreasonably disrupt the business of the SellerIssuer.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Alliance Laundry Corp)

AutoNDA by SimpleDocs

Field Examination by Independent Public Accountants. Upon the prior written notice of the Insurer at any time, each of the Seller shall permit the independent public accountants of the Seller or, if such independent public accountants are not acceptable to the Insurer, independent public accountants designated by the Insurer, annually to conduct a field examination of the Seller pursuant to an agreed upon procedures scope attached in the form of Exhibit B hereto, and in connection therewith shall permit such independent public accountants without limitation: (i) to inspect the books and records of the Seller; and (ii) to discuss the affairs, finances and accounts of the Seller with the Seller's ’s independent accountants, provided that an officer of the Seller shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours at the cost and expense of such the Seller, subject to Section 3.3(b) hereof, and shall not unreasonably disrupt the business of the Seller.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Alliance Laundry Systems LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!