Inspection of Property; Books and Records; Discussion Sample Clauses

Inspection of Property; Books and Records; Discussion. Borrower shall permit, and shall cause the REIT to permit, any authorized representatives designated by any Lender to visit and inspect any of its Properties (subject to rights of tenants), including all Unencumbered Assets, upon reasonable prior written notice, to inspect financial and accounting records and leases, and to make copies and take extracts therefrom, all at such times during normal business hours and as often as any Lender may reasonably request; provided that all such visits and inspections shall be coordinated through Administrative Agent and provided that Administrative Agent shall give reasonable prior notice to Borrower of all such visits and inspections. In connection therewith, Borrower shall pay all expenses required by Section 11. 1. Borrower will keep proper books of record and account in which entries, in conformity with GAAP and as otherwise required by this Agreement and applicable Requirements of Law, shall be made of all dealings and transactions in relation to its businesses and activities and as otherwise required under Section 5.1.
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Inspection of Property; Books and Records; Discussion. The Borrower shall permit, and cause TMC and each of their respective Subsidiaries to permit, upon no less than three (3) days prior notice, any authorized representative(s) designated by either the Administrative Agent or any other Lender, to visit and inspect any of the Real Properties, to examine, audit, check and make copies of their respective financial and accounting records, books, journals, orders, receipts and any correspondence and other data relating to their respective businesses or the transactions contemplated hereby (including, without limitation, in connection with environmental compliance, hazard or liability), and to discuss their affairs, finances and accounts with their Authorized Financial Officers and independent certified public accountants, all with a representative of the Borrower present, and at such reasonable times during normal business hours, as often as may be reasonably requested, so long as such inspections do not unreasonably interfere with the daily operations of the Borrower. Each such visitation and inspection shall be at such visitor's expense. The Borrower shall keep and maintain, and cause TMC and their respective Subsidiaries to keep and maintain, in all material respects proper books of record and account in which entries in conformity with GAAP shall be made of all dealings and transactions in relation to their respective businesses and activities.
Inspection of Property; Books and Records; Discussion. Borrower shall permit any authorized representatives designated by any Lender to visit and inspect any of its Properties (subject to rights of tenants), including all Unencumbered Assets, upon reasonable prior notice, to inspect financial and accounting records and leases, and to make copies and take extracts therefrom, all at such times during normal business hours and as often as any Lender may reasonably request; provided that all such visits and inspections shall be coordinated through the Agent and the Agent shall give reasonable prior notice to Borrower of all such visits and inspections; and provided further, however, that (i) each person designated by Agent shall take reasonable steps to minimize disruption to the operations of Borrower caused by such inspection, and (ii) nothing contained herein shall require Borrower to permit any Lender or Agent to examine or otherwise have access to any matter that is protected from disclosure by the attorney-client privilege or the doctrine of attorney work product. In connection therewith, Borrower shall pay all expenses required by SECTION 12.1. Borrower will keep proper books of record and account in which entries, in conformity with GAAP and as otherwise required by this Agreement and applicable Requirements of Law, shall be made of all dealings and transactions in relation to its businesses and activities and as otherwise required under SECTION 5.1.
Inspection of Property; Books and Records; Discussion. Keep proper books of records and account in which full, true and correct entries in conformity with GAAP and all Requirements of Law shall be made of all dealings and transactions in relation to its business and activities; and permit representatives of any Agent or Lender to visit and inspect any of its properties and examine and make abstracts from any of its books and records at any reasonable time on any Business Day and as often as may reasonably be desired and to discuss the business, properties and financial and other condition of the Borrower and its Subsidiaries with officers and employees of the (Credit Agreement) Borrower and its Subsidiaries and with its independent certified public accountants; PROVIDED that such Agent or Lender shall notify the Borrower prior to any contact with such accountants and shall give the Borrower the opportunity to participate in such discussions.
Inspection of Property; Books and Records; Discussion. Borrower shall permit any authorized representative(s) designated by Agent upon reasonable notice to Borrower (1) to visit and inspect any of its Properties (provided that Borrower shall not reimburse Agent for expenses incurred in connection with inspecting Properties that are not, or proposed as Borrowing Base Properties), and (2) with respect to Borrowing Base Properties, to inspect financial and accounting records and leases, and to make copies and take extracts therefrom, all at such times during normal business hours and as often as Agent may reasonably request. In connection therewith, Borrower shall pay all expenses of the types described in Section 12. 1. Borrower will keep proper books of record and account in which entries in conformity with GAAP, as modified and as otherwise required by this Agreement and applicable Requirements of Law, shall be made of all dealings and transactions in relation to its businesses and activities and as otherwise required under Section 6.1.
Inspection of Property; Books and Records; Discussion. The Borrower shall permit, and cause TMC and each of their respective Subsidiaries to permit, any authorized representative(s) designated by either the Administrative Agent or other Lender to visit and inspect any of the Real Properties, to examine, audit, check and make copies of their respective financial and accounting records, books, journals, orders, receipts and any correspondence and other data relating to their respective businesses or the transactions contemplated hereby (including, without limitation, in connection with environmental compliance, hazard or liability), and to discuss their affairs, finances and accounts with their Authorized Financial Officers and independent certified public accountants, all with a representative of the Borrower present, upon reasonable notice and at such reasonable times during normal business hours, as often as may be reasonably requested. Each such visitation and inspection shall be at such visitor's expense. The Borrower shall keep and maintain, and cause TMC and their respective Subsidiaries to keep and maintain, in all material respects proper books of record and account in which entries in conformity with GAAP shall be made of all dealings and transactions in relation to their respective businesses and activities.
Inspection of Property; Books and Records; Discussion. Borrower shall permit any authorized representatives designated by any Lender to visit and inspect any of its Properties (subject to rights of tenants), including all Unencumbered Assets, upon reasonable prior notice, to inspect financial and accounting records and leases, and to make copies and take extracts therefrom, all at such times during normal business hours and as often as any Lender may reasonably request; provided that all such visits and inspections shall be coordinated through the Agent and the Agent shall give reasonable prior notice to Borrower of all such visits and inspections; and provided further, however, that (i) each person designated by Agent shall take reasonable steps to minimize disruption to the operations of Borrower caused by such inspection, and (ii) nothing contained herein shall require Borrower to permit any Lender or Agent to examine or otherwise have access to any matter that is protected from disclosure by the attorney-client privilege or the doctrine of 1. Borrower will keep proper books of record and account in which entries, in conformity with GAAP and as otherwise required by this Agreement and applicable Requirements of Law, shall be made of all dealings and transactions in relation to its businesses and activities and as otherwise required under Section 5.1.
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Inspection of Property; Books and Records; Discussion. (a) Keep proper books of records and account in which complete and correct entries in conformity with GAAP and all material Requirements of Law shall be made of all dealings and transactions in relation to its business and activities and (b) permit appropriate representatives of the Administrative Agent or any Lender to (i) visit any property where its financial records are maintained and examine and make abstracts from any of its financial records as often as may be reasonably requested, in each case (prior to the occurrence of a Default, no more frequently than once per calendar year but from and after the occurrence of any Default or Event of Default and during the continuance thereof, without limitation as to the frequency of such visits and inspections) during normal business hours and upon reasonable prior notice specifying the purpose of such visit and inspection, and (ii) discuss the business, operations, properties and financial condition of the Borrower and its Subsidiaries with Responsible Officers of the Borrower and its Subsidiaries and with the Borrower’s independent certified public accountants (any such discussion with such accountants to be in the presence of a Responsible Officer of the Borrower unless an Event of Default has occurred and is continuing). In light of the nature of the businesses in which the Borrower and its Subsidiaries will engage, it is understood and agreed that, unless an Event of Default has occurred and is continuing, the Borrower may limit the access of representatives of the Administrative Agent and any Lender to any property of the Borrower and its Subsidiaries if the Borrower determines in good faith, after consultation with the Administrative Agent, that such access to such property would significantly disrupt the normal conduct of the business conducted on such property.
Inspection of Property; Books and Records; Discussion. Borrower shall permit, and shall cause the REIT to permit, any authorized representatives designated by any Lender to visit and inspect any of its Properties (subject to rights of tenants), including all Unencumbered Assets, upon reasonable prior notice, to inspect financial and accounting records and leases, and to make copies and take extracts therefrom, all at such times during normal business hours and as often as any Lender may reasonably request; provided that all such visits and inspections shall be coordinated through the Agent and provided that the Agent shall give reasonable prior notice to 11.1. Borrower will keep proper books of record and account in which entries, in conformity with GAAP and as otherwise required by this Agreement and applicable Requirements of Law, shall be made of all dealings and transactions in relation to its businesses and activities and as otherwise required under SECTION 5.1.
Inspection of Property; Books and Records; Discussion. Keep, and ----------------------------------------------------- cause each of its Subsidiaries to keep, proper books of record and account in which full, true and correct entries in conformity with GAAP and all Requirements of Law shall be made of all dealings and transactions in relation to its business and activities, and, shall provide Lender access during normal business hours for inspection of Borrower's books, documents and records as Lender shall request from time to time, and to discuss the business, operations, properties and financial and other condition of Borrower and its Subsidiaries with officers and employees of such parties, and with their independent certified public accountants. Lender will be allowed to conduct, from time to time at Borrower's expense (and no less frequently than on an annual basis), financial and operational audits at Borrower's office during normal business hours, including Lender's annual audit of Borrower's operations and the Collateral and shall pay the reasonable fees (not to exceed, however, $250.00 annually so long as no Event of Default has occurred) and costs associated with such audits.
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