Common use of Inspection and Reporting Clause in Contracts

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent or its designee(s) of a mutually agreeable confidentiality agreement.

Appears in 9 contracts

Samples: Pledge and Security Agreement (Genius Brands International, Inc.), Pledge and Security Agreement (Great Basin Scientific, Inc.), Pledge and Security Agreement (Ener-Core Inc.)

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Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's ’s records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's ’s affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent or its designee(s) of a mutually agreeable confidentiality agreement.

Appears in 9 contracts

Samples: Securities Purchase Agreement (Cellect Biotechnology Ltd.), Pledge and Security Agreement, Pledge and Security Agreement (Comscore, Inc.)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent directors, officers, managerial employees, independent accountants or any of its designee(s) of a mutually agreeable confidentiality agreementother representatives.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Earth Biofuels Inc), Pledge and Security Agreement (Earth Biofuels Inc), Pledge and Security Agreement (Verilink Corp)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such any Grantor's ’s records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such any Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such any Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such any Grantor's ’s affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent directors, officers, managerial employees, independent accountants or any of its designee(s) of a mutually agreeable confidentiality agreementother representatives.

Appears in 3 contracts

Samples: Security Agreement (Global Employment Holdings, Inc.), Security Agreement (Universal Food & Beverage Compny), Security Agreement (Global Employment Holdings, Inc.)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such attorneys, accountant or other professionals or other Persons as the Collateral Agent may designatedesignate (at Grantors’ sole cost and expense), not more than once a year in each case (except during the absence continuation of an Event of Default) during normal business hours on reasonable notice to such Grantor and in a manner that will not unreasonably burden the business operations of any Grantor, (i) to examine and make copies of and abstracts from such any Grantor's records ’s Records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such any Grantor from time to time, and (iiiiv) to conduct audits, physical counts, appraisals appraisals, valuations and/or valuations, examinations at the locations of such any Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such attorneys, accountants or other professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's ’s affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent directors, officers, attorneys, or its designee(s) of a mutually agreeable confidentiality agreementindependent accountants.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Adagio Medical Holdings, Inc.), Security and Pledge Agreement (ARYA Sciences Acquisition Corp IV), Security and Pledge Agreement (ARYA Sciences Acquisition Corp IV)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such any Grantor's records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such any Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such any Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such any Grantor's affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent directors, officers, managerial employees, independent accountants or any of its designee(s) of a mutually agreeable confidentiality agreementother representatives.

Appears in 2 contracts

Samples: Security Agreement (House of Taylor Jewelry, Inc.), Execution Version (American United Global Inc)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's ’s records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's ’s affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent directors, officers, managerial employees, independent accountants or any of its designee(s) of a mutually agreeable confidentiality agreementother representatives.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Broadvision Inc), Pledge and Security Agreement (Answers CORP)

Inspection and Reporting. Each Grantor shall permit the Collateral AgentBuyer, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent Buyer may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral AgentBuyer, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent Buyer may designate to discuss such Grantor's affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent Buyer or its designee(s) of a mutually agreeable confidentiality agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Vringo Inc), Agreement and Plan of Merger (Vringo Inc)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, the Buyers or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once one time a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, and (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral Agent, the Buyers or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent directors, officers, managerial employees, independent accountants or any of its designee(s) of a mutually agreeable confidentiality agreementother representatives.

Appears in 1 contract

Samples: Pledge and Security Agreement (EnterConnect Inc)

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Inspection and Reporting. Each The Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such the Grantor's ’s records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such the Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such the Grantor. Each The Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such the Grantor's ’s affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent or its designee(s) of a mutually agreeable confidentiality agreement.

Appears in 1 contract

Samples: Security Agreement (Histogenics Corp)

Inspection and Reporting. Each The Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once twice a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such the Grantor's records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instrumentsnotes, Accounts, Inventory and other assets of such the Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such the Grantor. Each The Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such the Grantor's affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent directors, officers, managerial employees, independent accountants or any of its designee(s) of a mutually agreeable confidentiality agreementother representatives.

Appears in 1 contract

Samples: Security Agreement (Commtouch Software LTD)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's ’s records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's ’s affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent or its designee(s) of a mutually agreeable confidentiality agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Workhorse Group Inc.)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's ’s records and books of account, (ii) upon reasonable notice and during business hours to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, (iii) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's ’s affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent directors, officers, managerial employees, independent accountants or any of its designee(s) of a mutually agreeable confidentiality agreementother representatives.

Appears in 1 contract

Samples: Pledge and Security Agreement (Modtech Holdings Inc)

Inspection and Reporting. Each Grantor shall permit the Collateral Agent, or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate, not more than once a year in the absence of an Event of Default, (i) to examine and make copies of and abstracts from such Grantor's ’s records and books of account, (ii) to visit and inspect its properties, (iii) to verify materials, leases, Instruments, Accounts, Inventory and other assets of such Grantor from time to time, time and (iiiiv) to conduct audits, physical counts, appraisals and/or valuations, examinations at the locations of such Grantor. Each Grantor shall also permit the Collateral Agent, Agent or any agent or representatives thereof or such professionals or other Persons as the Collateral Agent may designate to discuss such Grantor's ’s affairs, finances and accounts with any of its officers subject to the execution by the Collateral Agent or its designee(s) of a mutually agreeable confidentiality agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Fuse Science, Inc.)

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