Inspection and Observation. The Company shall permit each Purchaser or any authorized representative of a Purchaser, to visit and inspect the properties of the Company and each Subsidiary, including its corporate and financial records, and to discuss its business and finances with officers of the Company, during normal business hours following reasonable notice, without interference to the conduct of the Company's or any Subsidiary's business and as often as may be reasonably requested.
Inspection and Observation. AFFILIATE shall permit TUH or its designees to observe RESIDENTS’ activities at AFFILIATE. AFFILIATE shall permit such inspection at reasonable times of clinical and related facilities of the AFFILIATE by TUH or agencies charged with responsibility for accreditation of TUH’s residency programs related to this affiliation or by agencies charged with responsibility for government medical care reimbursement programs.
Inspection and Observation. The Company shall permit each Investor, or any authorized representative thereof, to visit and inspect the properties of the Company, including its corporate and financial records, and to discuss its business and finances with officers of the Company, during normal business hours following reasonable notice and as often as may be reasonably requested; provided, however, that the Company shall not be obligated pursuant to this Section 4.2 to provide access to any information which it reasonably considers to be a trade secret.
Inspection and Observation. The Company shall permit each Purchaser, during the Company’s normal business hours, to visit and inspect the Company’s properties, to examine and make copies of its books of account and records and to discuss the Company’s affairs, finances and accounts with its officers, all at such reasonable times as may be reasonably requested by the Purchaser (including such rights to inspection as may be required for any Purchaser who is an SBIC licensed by the Small Business Administration); provided, however, that the Company shall not be obligated pursuant to this Section 4.5 to provide access to any information which it reasonably considers to be a trade secret or similar confidential information (unless covered by a reasonable and enforceable confidentiality agreement, in form reasonably acceptable to the Company) or which, if so provided, would adversely affect the attorney-client privilege between the Company and its counsel.
Inspection and Observation. (a) The Company shall permit any Non-Strategic Major Investor, or any authorized representative thereof, to visit and inspect the properties of the Company, including its corporate and financial records, and to discuss its business and finances with officers of the Company, during normal business hours following reasonable notice and as often as may be reasonably requested; provided, however, that the Company shall not be obligated pursuant to this Section 4.7 to provide access to any information which it reasonably considers to be a trade secret.
(b) As long as S.R. One, Limited continues to be a Major Investor, the Company shall invite a representative of S.R. One, Limited to attend all meetings of the Board of Directors in a non-voting observer capacity and, in this respect, shall give such representative all notices of its meetings and other materials as it provides to its directors, provided, however; that the Company reserves the right to exclude such representative from executive sessions of any such meeting. Such representative as designated by S.R. One, Limited shall be subject to the approval of the Company’s Board of Directors, acting in good faith, and shall initially be Xxxxx Xxxxxxxxx. As long as The Regents of the University of California (“UC Regents”) continues to be a Major Investor, the Company shall invite a representative of UC Regents to attend all meetings of the Board of Directors in a non-voting observer capacity and, in this respect, shall give such representative all notices of its meetings and other materials as it provides to its directors, provided, however; that the Company reserves the right to exclude such representative from executive sessions of any such meeting. Such representative as designated by UC Regents shall be subject to the approval of the Company’s Board of Directors, acting in good faith. Notwithstanding the foregoing, the Company may (i) condition the right of either of such representatives to receive notices and other materials and to attend meetings of the Board of Directors on the execution of a confidentiality agreement provided by the Company and reasonably acceptable to such representative, but no less protective of the Company than the applicable provisions in Section 5, and (ii) prevent either of such representatives from receiving notices and other materials and attending any portion of a meeting of the Board of Directors if the Company reasonably determines (A) that it is necessary to do so to ensur...
Inspection and Observation. The Company shall permit each Significant Stockholder (as defined in Section 4.2) or any authorized representative thereof, to visit and inspect the properties of the Company, including its corporate and financial records, and to discuss its business and finances with officers of the Company, during normal business hours and without disruption of the Company's business following reasonable notice and as often as may be reasonably requested; provided that the Company may limit access to information that the Board of Directors of the Company determines, in good faith, is confidential or attorney-client-privileged and should not, therefore, be disclosed. In addition, for so long as GE Capital Equity Investments, Inc. ("GE") is a Significant Stockholder, the Company shall permit a qualified third-party identified by GE to conduct, at GE's expense, an employee, health and safety inspection ("EHS Inspection") of the Company's manufacturing facilities no more than once every twelve months, during normal business hours and without disruption of the Company's business following reasonable notice. GE shall promptly provide the Company with a copy of the results of, and any related report resulting from, any such EHS Inspection and such report shall be deemed confidential. If GE ever ceases to be a Significant Stockholder, the foregoing EHS Inspection right shall run to the Significant Stockholders as a class and the expenses of such inspection shall be borne equally among the electing Significant Stockholder(s).
Inspection and Observation. The Company shall permit the Purchaser, or any authorized representative thereof, to visit and inspect the properties of the Company, including its corporate and financial records, and to discuss its business and finances with officers of the Company, during normal business hours following reasonable notice and as often as may be reasonably requested. If at any time while (a) the Purchaser holds any Securities, or any shares of Common Stock in which the Securities may be converted or acquired upon exercise thereof, and (b) no designee of the Purchaser is a member of the board of directors of the Company, a representative of the Purchaser shall have the right to notice of, and the right to attend, all meetings of the Company's board of directors.
Inspection and Observation. 14 3.3 Termination of Information, Inspection and Observation Covenants; Assignment .......................................... 14 3.4
Inspection and Observation. (a) Acusphere shall permit each Significant Investor (as defined in Section 3.2(b) hereof), at such Significant Investor's expense, to visit and inspect Acusphere's properties, to examine its books of account and records and to discuss Acusphere's affairs, finances and accounts with its officers, all at such reasonable times as may be requested by such Significant Investor; provided, however, that Acusphere shall not be obligated pursuant to this Section 3.2 to provide access to any information which its Board of Directors reasonably considers to be a trade secret or similar confidential information.
(b) Acusphere will permit any Significant Investor (as hereinafter defined), any authorized representative thereof or any Investor holding shares of Series E-1 Stock and/or Series E-2 Stock and at least five percent (5%) of the Common Stock on a fully-diluted basis, assuming the conversion or exercise, as the case may be, of all outstanding securities or rights to acquire shares of Acusphere's Common Stock (each, a "Series E Five-Percent Holder"), to attend all meetings of the Board of Directors of Acusphere in a nonvoting observer capacity and shall, upon the written request of such Significant Investor or Series E Five-Percent Holder, provide such Significant Investor or Series E Five-Percent Holder with such notice and other information with respect to such meetings as are delivered to the directors of Acusphere; provided, however, that it is hereby acknowledged and agreed that only a single representative of each group consisting of a Significant Investor and its affiliates will be entitled to attend any such meeting pursuant to this Section 3.2(b). Upon the written request of any such Significant Investor or Series E Five-Percent Holder, Acusphere shall notify such Significant Investor or Series E Five-Percent Holder, within ten (10) days thereof, of the taking of any action by the Board of Directors of Acusphere in lieu of a meeting thereof. As used in this Section 3, the term "Significant Investor" shall mean any Investor other than Alexandria who, together with its affiliates, holds at least 200,000 shares of Preferred Stock, including Common Stock issuable upon the conversion of Preferred Stock, (as presently constituted and subject to subsequent adjustment for stock splits, stock dividends, reverse stock splits, recapitalizations and the like).
Inspection and Observation. The Company shall permit -------------------------- each Questar Stockholder, or any authorized representative thereof, to visit and inspect the properties of the Company, including its corporate and financial records, and to discuss its business and finances with executive officers of the Company, during normal business hours following reasonable notice, but no more than once per fiscal quarter for all Questar Stockholders in the aggregate.
