Common use of Inspection of Property and Books and Records Clause in Contracts

Inspection of Property and Books and Records. The Borrower shall maintain and shall cause each of its Subsidiaries to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower and such Subsidiary. The Borrower shall permit, and shall cause each of its Subsidiaries to permit representatives and independent contractors of Agent or any Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; provided, however, when an Event of Default exists Agent or any Bank may do any of the foregoing at the expense of the Borrower at any time during normal business hours and without advance notice.

Appears in 4 contracts

Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

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Inspection of Property and Books and Records. The Borrower shall maintain Each Loan Party shall, and shall cause each of its Subsidiaries to to, maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower and such Loan Party or its Subsidiary, as applicable. The Borrower shall permitEach Loan Party shall, and shall cause each of its Subsidiaries to to, permit representatives and independent contractors of the Administrative Agent or any Bank Lender to visit and inspect any of their respective properties, to examine their respective corporatecompany, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective managers, directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection the Loan Parties and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrowersuch Loan Party; provided, however, when an Event of Default exists the Administrative Agent or any Bank Lender may do any of the foregoing at the expense of the Borrower Company at any time during normal business hours and without advance notice.

Appears in 3 contracts

Samples: Debt Agreement (Breitburn Energy Partners LP), Credit Agreement, Credit Agreement (Breitburn Energy Partners LP)

Inspection of Property and Books and Records. The Borrower Borrowers shall maintain and shall cause each of its their Subsidiaries to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower Company and such Subsidiary. The Borrower Borrowers shall permit, and shall cause each of its their Subsidiaries to permit permit, representatives and independent contractors of the Agent or any Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection the Borrowers and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the applicable Borrower; provided, however, when an Event of Default exists the Agent or any Bank may do any of the foregoing at the expense of the Borrower Borrowers at any time during normal business hours and without advance notice.

Appears in 2 contracts

Samples: Credit Agreement (Schawk Inc), Multicurrency Credit Agreement (Schawk Inc)

Inspection of Property and Books and Records. The Borrower shall maintain shall, and shall cause each of its Subsidiaries to to, maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower and such Subsidiaryits Subsidiaries, as applicable. The Borrower shall permitshall, and shall cause each of its Subsidiaries to to, permit representatives and independent contractors of Administrative Agent or any Bank Lender to visit and inspect any of their respective properties, to examine their respective corporatecompany, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective managers, directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection Borrower and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; provided, however, when if an Event of Default exists shall have occurred and be continuing, Administrative Agent or any Bank Lender may do any of the foregoing at the expense of the Borrower at any time during normal business hours and without advance notice.

Appears in 2 contracts

Samples: Loan Agreement (Miller Energy Resources, Inc.), Loan Agreement (Miller Energy Resources, Inc.)

Inspection of Property and Books and Records. The Borrower shall maintain Each Loan Party shall, and shall cause each of its Subsidiaries to to, maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower and such Loan Party or its Subsidiary, as applicable. The Borrower shall permitEach Loan Party shall, and shall cause each of its Subsidiaries to permit to, permit, representatives and independent contractors of the Administrative Agent or any Bank Lender to visit and inspect any of their respective properties, to examine their respective corporatecompany, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective managers, directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection the Loan Parties and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrowersuch Loan Party; provided, however, when an Event of Default exists the Administrative Agent or any Bank Lender may do any of the foregoing at the expense of the Borrower Company at any time during normal business hours and without advance notice.

Appears in 2 contracts

Samples: Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)

Inspection of Property and Books and Records. The Borrower shall maintain and shall cause each of its Subsidiaries Subsidiary to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower and such Subsidiary. The Borrower shall permit, and shall cause each of its Subsidiaries Subsidiary to permit permit, representatives and independent contractors of the Administrative Agent or any Bank and each Lender to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection accountants and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; provided, however, when an Event of Default exists the Administrative Agent or any Bank and each Lender may do any of the foregoing at the expense of the Borrower at any time during normal business hours and without advance notice.

Appears in 2 contracts

Samples: Credit Agreement (Dendrite International Inc), Credit Agreement (Dendrite International Inc)

Inspection of Property and Books and Records. The Borrower shall maintain and shall cause each of its Subsidiaries to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower and such SubsidiarySubsidiaries. The Borrower shall permit, and shall cause each of its Subsidiaries to permit permit, representatives and independent contractors of Agent or any the Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; provided, however, that when an Event of Default exists Agent or any the Bank may do any of the foregoing at the expense of the Borrower at any time during normal business hours and without advance notice.

Appears in 1 contract

Samples: Loan Agreement (Fields MRS Original Cookies Inc)

Inspection of Property and Books and Records. The Borrower shall maintain Middleby shall, and shall cause each of its Subsidiaries to to, maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower Middleby and such Subsidiary. The Borrower shall permitMiddleby shall, and shall cause each of its Subsidiaries to permit permit, representatives and independent contractors of Agent or any the Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection Middleby and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the BorrowerMiddleby; providedPROVIDED, howeverHOWEVER, when an Event of Default exists Agent or any the Bank may do any of the foregoing at the expense of the Borrower Middleby at any time during normal business hours and without advance notice.

Appears in 1 contract

Samples: Credit Agreement (Middleby Corp)

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Inspection of Property and Books and Records. The Borrower Company shall maintain and shall cause each of its Subsidiaries Material Subsidiary to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower Company and such Subsidiary. The Borrower Subject to reasonable safeguards to protect confidential information, the Company shall permit, and shall cause each of its Subsidiaries Material Subsidiary to permit permit, representatives and independent contractors of the Agent or any Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and with respect to the Company but not its Subsidiaries to discuss their respective affairs, finances and accounts with their respective the Company's directors, senior officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the BorrowerCompany; provided, however, when an Event of Default exists the Agent or any Bank may do any of the foregoing at the expense of the Borrower Company at any time during normal business hours and without advance notice.

Appears in 1 contract

Samples: Credit Agreement (Deluxe Corp)

Inspection of Property and Books and Records. The Borrower shall maintain New Dreyer's shall, and shall cause each of its Subsidiaries to Subsidiary to, maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower New Dreyer's and such Subsidiary. The Borrower New Dreyer's shall permit, and shall cause each of its Subsidiaries Subsidiary to permit permit, representatives and independent contractors of the Agent or any Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection New Dreyer's and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the BorrowerNew Dreyer's; provided, however, provided when an Event of Default exists the Agent or any Bank may do any of the foregoing at the expense of the Borrower New Dreyer's at any time during normal business hours and without advance notice.

Appears in 1 contract

Samples: Credit Agreement (Dreyers Grand Ice Cream Holdings Inc)

Inspection of Property and Books and Records. The Borrower Company shall maintain and shall cause each of its Subsidiaries Material Subsidiary to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower Company and such Subsidiary. The Borrower Subject to reasonable safeguards to protect confidential information, the Company shall permit, and shall cause each of its Subsidiaries Material Subsidiary to permit permit, representatives and independent contractors of the Agent or any Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and with respect to the Company but not its Subsidiaries to discuss their respective affairs, finances and accounts with their respective the Company's directors, senior officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the BorrowerCompany; provided, however, when an Event of Default exists the Agent or any Bank may do any of the foregoing at the expense of the Borrower Company at any time during normal business hours and without advance notice. The Agent shall promptly advise the Banks of its findings after any such visit, inspection, examination or discussion.

Appears in 1 contract

Samples: Credit Agreement (Deluxe Corp)

Inspection of Property and Books and Records. The Borrower shall maintain and shall cause each of its Subsidiaries to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of the Borrower and such Subsidiary. The Borrower shall permit, and shall cause each of its Subsidiaries to permit representatives and independent contractors of Agent or any Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective affairs, finances and accounts with their respective directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; provided, however, that when an Event of Default exists Agent or any Bank may do any of the foregoing at the expense of the Borrower at any time during normal business hours and without advance notice.

Appears in 1 contract

Samples: Credit Agreement (Atmos Energy Corp)

Inspection of Property and Books and Records. The Borrower Each of the Companies shall maintain and shall cause each of its Subsidiaries Subsidiary to maintain proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of each of the Borrower Companies and such Subsidiarytheir Subsidiaries. The Borrower Companies shall permit, and shall cause each of its Subsidiaries Subsidiary to permit permit, representatives and independent contractors of the Agent or any Bank to visit and inspect any of their respective properties, to examine their respective corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss their respective directors, officers, and independent public accountants,affairs, finances and accounts with their respective directors, officers, and independent public accountants, all at the expense of Agent or Bank causing such inspection and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the BorrowerCompanies; provided, however, when an Event of Default exists the Agent or any Bank may do any of the foregoing at the expense of the Borrower Companies at any time during normal business hours and without advance notice.

Appears in 1 contract

Samples: Credit Agreement (St Jude Medical Inc)

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