Inspection and Information Rights. Each Stockholder owning Shares representing at least 4% of the then issued and outstanding Common Stock shall have the right (at it own expense) to visit and inspect any of the properties of the Corporation (including books of account, reports and other papers), to make extracts therefrom, and to discuss the affairs, finances and accounts of the Corporation with its officers, employees and accountants (and by this provision the Corporation authorizes its accountants to discuss such affairs, finances and accounts with such Stockholder's representatives), and to review such information as is reasonably requested all at such reasonable times and as often as may be reasonably requested; provided, however, that the Corporation shall not be obligated under this SECTION 3.1 unless such Stockholder and its representatives shall have executed and delivered to the Corporation their written agreement in form and substance satisfactory to the Corporation to maintain such information in confidence and in no event shall the Corporation be obligated to afford rights under this sentence to any competitor. The Corporation will also furnish to each Stockholder, within five (5) business days after the date of filing or delivery thereof, copies of all materials of whatsoever nature filed or delivered by the Corporation with the SEC.
Inspection and Information Rights. 9.1.1 For so long as the Permitted Holder Ownership Percentage is equal to or greater than ten (10) percent, upon reasonable written notice by any Class B Member from time to time, the Company shall, and shall cause its Subsidiaries to, subject to Applicable Law, provide such Class B Member and its Representatives with reasonable access during normal business hours to the personnel, properties, systems, Contracts, Records (including financial Records) and Representatives of the Company, including by, as reasonably requested by such Class B Member, subject to Applicable Law, promptly providing copies to such Class B Member and its Representatives of any of the foregoing systems, Contracts and Records (including financial Records), and the Company shall use commercially reasonable efforts to make available to such Class B Member and its Representatives senior members of management of the Company to discuss and answer questions with respect to the Company’s business, financial condition, results of operations and prospects.
Inspection and Information Rights. The Company shall:
(a) permit the Purchasers, or any authorized representative thereof, upon reasonable prior notice, to visit and inspect the properties of the Company and its corporate and financial books and records and to discuss the Business and its finances with its officers, all at such reasonable times during normal business hours as may be requested by the Purchasers. The Purchasers or their representatives shall maintain the confidentiality of all information acquired by them in exercising such rights and shall execute a written non-disclosure agreement if requested by the Company in form reasonably acceptable to the Company and the Purchasers;
(b) furnish to the Purchasers within five business days after receipt thereof, any notification relating to the Company's default or alleged default under any loan agreement, lease or material contract to which the Company is a party; and
(c) furnish to the Purchasers promptly upon sending, making available or filing the same, all reports, financial statements or other documents that the Company sends or makes available to its Common Stockholders or files with the SEC.
Inspection and Information Rights. 16.1 The Purchaser shall have the right to receive, with respect to the Company and its subsidiaries:
16.1.1 information in relation to financial statements, and any other operating information as may be requested from time to time within 20 (twenty) Business Days of the end of each calendar month;
16.1.2 quarterly financial statements and information within 30 (thirty) Business Days of the end of each calendar quarter;
16.1.3 final annual audited financial statements for the relevant Financial Year, together with notes thereto, within 90 (ninety) Business Days of the end of each Financial Year;
16.1.4 any internal and external audit reports within 5 (five) Business Days of its preparation;
16.1.5 information with respect to the commencement of any material claim, litigation or proceedings as soon as may be practicable; and
16.1.6 any other information as may be reasonable requested by the Purchaser. SHARE PURCHASE AND SHAREHOLDERS’ AGREEMENT E-STAMP PAPER #: SUBIN-KAKACRSFL0897652837512029O EXECUTION COPY
16.2 The Purchaser, shall at all times, have the right to, at its own expenses, reasonably inspect facilities, properties, records and books of the Company and its subsidiaries at any time during regular working hours on reasonable prior notice to the Company or its subsidiaries, as the case may be, and the right to discuss the business, operation and conditions of the Company with any officers, employees, accounts, legal counsels and investment bankers of the Company and/or its subsidiaries.
Inspection and Information Rights. (a) The Company shall permit each Holder of at least 400,000 shares of Registrable Securities, at such Holder’s expense, to visit and inspect the Company’s properties, to examine its books of account and records and to discuss the Company’s affairs, finances and accounts with its officers and directors, all at such reasonable times as may be requested by the Investor, as applicable; provided, however, that the Company shall not be obligated pursuant to this Section 2.2 to provide access to any information which it reasonably considers to be a trade secret or similar confidential information, the disclosure of which would have a material adverse effect on the Company or which would jeopardize the trade secret’s status as such.
(b) So long as Glaxo Group Limited, or its affiliates, (collectively, “Glaxo”) shall own at least 5,000,000 shares of the Company’s Preferred Stock, Glaxo shall be entitled to (i) a quarterly informational update meeting with the Company’s Chairman of R&D or other senior management at Glaxo’s R&D facilities and (ii) receive copies of any written Company Board actions and minutes of all Company Board meetings (each of which may be appropriately redacted by the Company in its reasonable discretion with respect to matters which may be competitive with Glaxo or matters related to the Company’s relationship with Glaxo).
Inspection and Information Rights. (i) Permit each Managing Lender, and/or any of its agents, advisors or representatives (including, without limitation, the DIP Loan Administrator), at any time to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, and evaluate and monitor, such Loan Party and to discuss the affairs, finances and accounts of such Loan Party with any of its officers, directors, employees, agents, representatives and advisors. In addition, such Loan Party shall promptly provide each Managing Lender, and/or any of its agents, advisors or representatives (including, without limitation, the DIP Loan Administrator), with all information, reports, agreements and records regarding such Loan Party and/or the Collateral as they may reasonably request in the form and manner requested.
(ii) Promptly provide the DIP Loan Administrator with all information, reports, agreements and records regarding such Loan Party and/or the Collateral as he may reasonably request, all of which shall be presented in a form and manner reasonably satisfactory to the DIP Loan Administrator. The DIP Loan Administrator shall be permitted to continuously remain on the premises of such Loan Party and/or visit such Loan Party from time to time without any advance notice. The DIP Loan Administrator shall be given reasonable access to all of the officers, directors, and senior employees of such Loan Party as and to the extent the DIP Loan Administrator reasonably determines necessary or appropriate (and such Loan Party understands and agrees that the DIP Loan Administrator will be monitoring, evaluating and working with its officers employees, agents, representatives and advisors on a daily basis). Such Loan Party shall cause all of its officers, senior employees, agents, representatives and advisors to promptly cooperate in good faith with the DIP Loan Administrator at all times.
Inspection and Information Rights. Each Stockholder owning Shares representing at least 4% of the then issued and outstanding Common Stock shall have the right (at it own expense) to visit and inspect any of the properties of the Corporation (including
Inspection and Information Rights. In consideration for the Partnership’s investment in the Company and notwithstanding any other provision contained in this Agreement, the provisions of this Clause [1] shall apply for the benefit of those persons mentioned therein. Except where the context otherwise requires, each reference below to the “Company” shall take all necessary actions to procure that each Group Company complies with the provisions of this Clause [1].
Inspection and Information Rights. The Company shall permit the Investors, or any authorized representative thereof, upon reasonable prior notice, to visit and inspect the properties of the Company and its corporate and financial books and records and to discuss the Business and its finances with its officers, all at such reasonable times during normal business hours as may be requested by the Investors. The Investors or their representatives shall maintain the confidentiality of all information acquired by them in exercising such rights and shall execute a written non-disclosure agreement if requested by the Company in form reasonably acceptable to the Company and the Investors;
Inspection and Information Rights. As used in this Section 5, the term "Shares" shall include all shares of capital stock of the Company held by the Stockholders, respectively, whether now owned or hereafter acquired.
