Common use of Financial Records; Inspection Clause in Contracts

Financial Records; Inspection. Each Credit Party (other than any Individual Guarantor) will: (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent with the financial statements heretofore furnished to MLBFS, or prepared on such other basis as may be approved in writing by MLBFS; and (ii) permit MLBFS or its duly authorized representatives, upon reasonable notice and at reasonable times, to inspect its properties (both real and personal), operations, books and records.

Appears in 19 contracts

Samples: Loan and Security Agreement (Derma Sciences Inc), Loan and Security Agreement (Yp Net Inc), Term Loan Agreement (Axtive Corp)

AutoNDA by SimpleDocs

Financial Records; Inspection. Each Credit Party (other than any Individual Guarantor) will: (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent with the financial statements heretofore furnished to MLBFS, or prepared on such other basis as may be approved in writing by MLBFS; and (ii) permit MLBFS or its duly authorized representatives, upon reasonable notice and at reasonable times, to inspect its properties (both real and personal), operations, books and records.. (c)

Appears in 1 contract

Samples: Loan and Security Agreement (Orbit International Corp)

Financial Records; Inspection. Each Credit Party (other than any Individual Guarantor) will: (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent with the financial statements heretofore furnished to MLBFSGAAP, or prepared on such other basis as may be reasonably approved in writing by MLBFS; and (ii) permit MLBFS or its duly authorized representatives, upon reasonable notice and at reasonable timestimes (and, in any event, during regular business hours), to inspect its properties (both real and personal), operations, books and records.

Appears in 1 contract

Samples: Loan and Security Agreement (Exactech Inc)

Financial Records; Inspection. Each Credit Party (other than then any Individual Guarantor) will: (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent with the financial statements heretofore furnished to MLBFS, or prepared on such other basis as may be approved in writing by MLBFS; and (ii) permit MLBFS or its duly authorized representatives, upon reasonable notice and at reasonable times, to inspect its properties (both real and personal), operations, books and records.

Appears in 1 contract

Samples: Loan and Security Agreement (Coffee Holding Co Inc)

Financial Records; Inspection. Each Credit Party (other than any Individual Guarantor) will: (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent with the financial statements heretofore furnished to MLBFS, or prepared on such other basis as may be approved in writing by MLBFS; and (ii) permit MLBFS or its duly duty authorized representatives, upon reasonable notice and at reasonable times, to inspect its properties (both real and personal), operations, books and records.

Appears in 1 contract

Samples: Term Loan Agreement (Applied Molecular Evolution Inc)

AutoNDA by SimpleDocs

Financial Records; Inspection. Each Credit Party (other than any Individual Guarantor) will: ; (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent with the financial statements heretofore furnished to MLBFS, or prepared on such other basis as may be approved in writing by MLBFS; : and (ii) permit MLBFS or its duly authorized representatives, upon reasonable notice and at reasonable times, to inspect its properties (both real and personal), operations, books and records.

Appears in 1 contract

Samples: Loan and Security Agreement (Collegiate Pacific Inc)

Financial Records; Inspection. Each Credit Party (other than any Individual individual Guarantor) will: (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent with the financial statements heretofore furnished to MLBFS, or prepared on such other basis as may be approved in writing by MLBFS; and (ii) permit MLBFS or its duly authorized representatives, upon reasonable notice and at reasonable times, to inspect its properties (both real and personal), operations, books and records.

Appears in 1 contract

Samples: Loan Agreement (Evergreen International Aviation Inc)

Financial Records; Inspection. Each Credit Party (other than any Individual Guarantor) will: (i) maintain at its principal place of business complete and accurate books and records, and maintain all of its financial records in a manner consistent with the financial statements heretofore furnished to MLBFS, or prepared on such other basis as may be approved in writing by MLBFS; and (ii) permit MLBFS or its duly authorized representatives, upon reasonable notice and at reasonable times, to inspect its properties (both real and personal), operations, books and records.. (b)

Appears in 1 contract

Samples: Merrill Lynch Term Loan and Security Agreement (Orbit International Corp)

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