Common use of Information Rights; VCOC Rights Clause in Contracts

Information Rights; VCOC Rights. (a) The Company shall, for so long as an Investor (together with its Permitted Transferees) shall continue to hold at least 5% of the outstanding shares of Common Stock, (i) afford such Investor (or Affiliate or Permitted Transferee thereof), during normal business hours and upon reasonable notice, reasonable access and consultation rights at all reasonable times to its officers, offices and books and records, and (ii) afford such Investor (or Affiliate or Permitted Transferee thereof) the opportunity to discuss the Company’s affairs, finances and accounts with the Company’s officers from time to time as such Investor (or Affiliate or Permitted Transferee thereof) may reasonably request.

Appears in 6 contracts

Samples: Stockholders’ Agreement (Perry Corp), Stockholders’ Agreement (Perry Corp), Stockholders’ Agreement (Barasch Richard A)

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Information Rights; VCOC Rights. (a) The Company shall, for so long as an Investor (together with its Permitted Transferees) shall continue to hold at least 5% of the outstanding shares of Common Stock, (i) afford such Investor (or Affiliate or Permitted Transferee thereof), during normal business hours and upon reasonable notice, reasonable access and consultation rights at all reasonable times to its officers, offices and books and records, and (ii) afford such Investor (or Affiliate or Permitted Transferee thereof) the opportunity to discuss the Company’s 's affairs, finances and accounts with the Company’s 's officers from time to time as such Investor (or Affiliate or Permitted Transferee thereof) may reasonably request.

Appears in 1 contract

Samples: Stockholders' Agreement (Capital Z Financial Services Fund Ii Lp)

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