Common use of Inspection, Access, Records Clause in Contracts

Inspection, Access, Records. The County shall have the right at reasonable business hours (or at any hour if necessary in an emergency) to enter upon the Leased Property for the purposes of inspecting the Leased Property or performing obligations of BB&T or its sublessee or assignee under this Site Agreement which BB&T or its sublessee or assignee neglects to perform and which the County elects to undertake. The County agrees that, after an Event of Nonappropriation or an Event of Default under the Lease, and if this Site Agreement has not been terminated pursuant to Section 3.1 hereof, BB&T or any sublessee or assignee shall have full rights of ingress and egress to the Leased Property, and the County hereby agrees to execute and deliver any licenses, easements or rights-of-way that may be reasonably necessary to confirm such rights. The County agrees that BB&T and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of the County with respect to the Leased Property. BB&T or its sublessee or assignee agree that the County and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of BB&T or its sublessee or assignee with respect to the Leased Property. The County may, at its own cost, not more frequently than once in any twelve-month period, cause an audit to be made of the books, records, reports and other papers of BB&T or its sublessee or assignee with respect to the Leased Property.

Appears in 1 contract

Samples: Site Agreement

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Inspection, Access, Records. The County shall have the right at reasonable business hours (or at any hour if necessary in an emergency) to enter upon the Leased Property for the purposes of inspecting the Leased Property or performing obligations of BB&T or its sublessee or assignee under this Site Agreement which BB&T or its sublessee or assignee neglects to perform and which the County elects to undertake. The County agrees that, after an Event of Nonappropriation or an Event of Default under the Lease, and if this Site Agreement has not been terminated pursuant to Section 3.1 hereof, BB&T or any sublessee or assignee shall have full rights of ingress and egress to the Leased Property, and the County hereby agrees to execute and deliver any licenses, easements or rights-of-way that may be reasonably necessary to confirm such rights. The County agrees that BB&T and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of the County with respect to the Leased Property. BB&T or its sublessee or assignee agree that the County and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of BB&T or its sublessee or assignee with respect to the Leased Property. The County may, at its own cost, not more frequently than once in any twelve-twelve- month period, cause an audit to be made of the books, records, reports and other papers of BB&T or its sublessee or assignee with respect to the Leased Property.

Appears in 1 contract

Samples: Site Agreement

Inspection, Access, Records. The County shall have the right at reasonable business hours (or at any hour if necessary in an emergency) to enter upon the Leased Property for the purposes of inspecting the Leased Property or performing obligations of BB&T the Bank or its sublessee or assignee under this Site Agreement Lease which BB&T the Bank or its sublessee or assignee neglects to perform and which the County elects to undertake. The County agrees that, after an Event of Nonappropriation or an Event of Default under the Lease, and if this Site Agreement Lease has not been terminated pursuant to Section 3.1 hereof, BB&T the Bank or any sublessee or assignee shall have full rights of ingress and egress to the Leased Property, and the County hereby agrees to execute and deliver any licenses, easements or rights-of-way that may be reasonably necessary to confirm such rights. The County agrees that BB&T the Bank and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of the County with respect to the Leased Property. BB&T The Bank or its sublessee or assignee agree that the County and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of BB&T the Bank or its sublessee or assignee with respect to the Leased Property. The County may, at its own cost, not more frequently than once in any twelve-month period, cause an audit to be made of the books, records, reports and other papers of BB&T the Bank or its sublessee or assignee with respect to the Leased Property. The Bank acknowledges that it is obtaining only a leasehold interest in the Leased Property pursuant to this Site Lease, and that the County shall retain possession of the Leased Property and continue to utilize the Leased Property for County purposes (assuming no Event of Default or Event of Nonappropriation has occurred and is continuing).

Appears in 1 contract

Samples: Site Lease Agreement

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Inspection, Access, Records. The County City shall have the right at reasonable business hours (or at any hour if necessary in an emergency) to enter upon the Leased Property for the purposes of inspecting the Leased Property or performing obligations of BB&T the Lender or its sublessee or assignee under this Site Agreement Lease which BB&T the Lender or its sublessee or assignee neglects to perform and which the County City elects to undertake. The County City agrees that, after an Event of Nonappropriation or an Event of Default under the Lease, and if this Site Agreement Lease has not been terminated pursuant to Section 3.1 hereof, BB&T the Lender or any sublessee or assignee shall have full rights of ingress and egress to the Leased Property, and the County City hereby agrees to execute and deliver any licenses, easements or rights-of-way that may be reasonably necessary to confirm such rights. The County City agrees that BB&T the Lender and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of the County City with respect to the Leased Property. BB&T The Lender or its sublessee or assignee agree that the County City and its duly authorized agents shall have the right at all reasonable times to examine the books, records, reports and other papers of BB&T the Lender or its sublessee or assignee with respect to the Leased Property. The County City may, at its own cost, not more frequently than once in any twelve-month period, cause an audit to be made of the books, records, reports and other papers of BB&T the Lender or its sublessee or assignee with respect to the Leased Property.

Appears in 1 contract

Samples: Site Lease Agreement

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