General positive undertakings Sample Clauses
General positive undertakings. Each Obligor must:
(a) corporate reporting: give to the Lender:
(i) in the case of an Obligor other than the Borrower copies of its audited Accounts for each Financial Year as soon as they are available and, in any event, within 120 days of the end of each Financial Year;
(ii) in the case of the Borrower copies of the audited consolidated Accounts for the Compensation Funds and their Controlled Entities for each Financial Year as soon as they are available and, in any event, within 120 days of the end of each Financial Year; and
(iii) any additional financial information or other information the Lender may reasonably request promptly on request;
(b) books and records: ensure that its books and records are prepared and kept properly in accordance with Accounting Standards;
(c) inspection: allow the Lender and its professional advisers to inspect at reasonable times:
(i) its books and records and to take copies of those books and records; and
(ii) any property used or owned by it, to determine whether it is complying with the Transaction Documents;
(d) co-operate: co-operate fully with the Lender and its professional advisers conducting an inspection under clause 10.2(c), including giving full access to its premises and employees;
