Common use of Inspection and Access Rights Clause in Contracts

Inspection and Access Rights. (a) If the Term Collateral Agent, or any agent or representative of the Term Collateral Agent, shall, after any Term Default, obtain possession or physical control of any of the Term Priority Collateral, the Term Collateral Agent shall promptly notify the Revolving Collateral Agent in writing of that fact, and the Revolving Collateral Agent shall, within thirty (30) Business Days thereafter, notify the Term Collateral Agent in writing as to whether the Revolving Collateral Agent desires to exercise its access rights under this Section 3.7 with respect to such Term Priority Collateral. Upon delivery of such notice by the Revolving Collateral Agent to the Term Collateral Agent, the parties shall confer in good faith to coordinate with respect to the Revolving Collateral Agent’s exercise of such access rights. Consistent with the definition of “Use Period,” access rights may apply to differing parcels of real properties at differing times, in which case, a differing Use Period will apply to each such property.

Inspection and Access Rights. (a) If the Term any Fixed Asset Collateral Agent, or any agent of its agents or representative of the Term Collateral Agentrepresentatives, shall, after any Term Fixed Asset Default, obtain possession or physical control of any of the Term Fixed Asset Priority Collateral, the Term such Fixed Asset Collateral Agent shall promptly notify the Designated Fixed Asset Collateral Agent (if different) and the Revolving Collateral Administrative Agent in writing of that fact, and the Revolving Collateral Administrative Agent shall, within thirty (30) Business Days thereafter, notify the Term such Fixed Asset Collateral Agent and the Designated Fixed Asset Collateral Agent (if different) in writing as to whether the Revolving Collateral Administrative Agent desires to exercise its access rights under this Section 3.7 with respect to such Term Fixed Asset Priority Collateral. Upon delivery of such notice by the Revolving Administrative Agent to such Fixed Asset Collateral Agent to and the Term Designated Fixed Asset Collateral AgentAgent (if applicable), the parties shall confer in good faith to coordinate with respect to the Revolving Collateral Administrative Agent’s exercise of such access rights. Consistent with the definition of “Use Period,” access rights may apply to differing parcels of real properties at differing times, in which case, a differing Use Period will apply to each such property.

Inspection and Access Rights. (a) If the Term Collateral Agent, or any agent or representative of the Term Collateral Agent, shall, after any Term Default, obtain possession or physical control of any of the Term Priority CollateralCollateral (other than Equity Interests), the Term Collateral Agent shall promptly notify the Revolving ABL Collateral Agent in writing of that fact, and the Revolving ABL Collateral Agent shall, within thirty (30) 30 Business Days thereafter, notify the Term Collateral Agent in writing as to whether the Revolving ABL Collateral Agent desires to exercise its access rights under this Section 3.7 with respect to such Term Priority Collateral. Upon delivery of such notice by the Revolving ABL Collateral Agent to the Term Collateral Agent, the parties shall confer in good faith to coordinate with respect to the Revolving ABL Collateral Agent’s exercise of such access rights. Consistent with the definition of “Use Period,” access rights may apply to differing parcels of real properties at differing times, in which case, a differing Use Period will apply to each such property.