Inspection, Consultation and Advice. The Company shall permit and cause any subsidiary to permit any of the Investors and such persons as the Investors may designate, at the expense of the Company once per year, and if more often than once per calendar year, with the additional visits at such Investor's expense, to visit and inspect any of the properties of the Company and any Investment, examine their books and take copies and extracts therefrom, discuss the affairs, finances, and accounts of the Company with their officers, employees, and public accountants and the Company hereby authorizes said accountants to discuss with such Investors and such designees such affairs, finances, and accounts), and consult with and advise the management of the Company as to their affairs, finances, and accounts, all at reasonable times and upon reasonable notice.
Appears in 3 contracts
Samples: Common Stock Purchase Agreement (Transeastern Properties Inc), Series a Redeemable Preferred Stock and Warrant Purchase Agreement (Transeastern Properties Inc), Series B Redeemable Preferred Stock and Warrant Purchase Agreement (Transeastern Properties Inc)
Inspection, Consultation and Advice. The Company shall permit and cause any subsidiary each of its subsidiaries (if any) to permit any of the Investors each Purchaser holding 750,000 Preferred Shares and/or Conversion Shares and such persons as the Investors it may designate, at the expense of the Company once per year, and if more often than once per calendar year, with the additional visits at such Investor's Purchaser’s expense, to visit and inspect any of the properties of the Company and any Investmentits subsidiaries, examine their books and take copies and extracts therefrom, discuss the affairs, finances, finances and accounts of the Company and its subsidiaries with their officers, employees, employees and public accountants (and the Company hereby authorizes said accountants to discuss with such Investors Purchaser and such designees such affairs, finances, finances and accounts), and consult with and advise the management of the Company and its subsidiaries as to their affairs, finances, finances and accounts, all at reasonable times during normal business hours and upon reasonable notice.
Appears in 1 contract
Samples: Stockholder Rights Agreement (Elixir Pharmaceuticals Inc)