Common use of Inspection of Property Clause in Contracts

Inspection of Property. The Company covenants that, at such reasonable times and as often as a Significant Holder may reasonably request, it will permit any Person designated by a Significant Holder in writing, at such Significant Holder’s expense unless a Default has occurred and is continuing in which case at the Company’s expense, to: (i) visit and inspect any of the properties of the Company and any Subsidiary; (ii) examine the corporate books and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom; and (iii) discuss the affairs, finances and accounts of any of such corporations with the principal officers of the Company or any Subsidiary and independent public accountants to the Company.

Appears in 2 contracts

Samples: Note Purchase and Private Shelf Agreement (Stanley Furniture Co Inc.), Note Purchase and Private Shelf Agreement (Stanley Furniture Co Inc.)

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Inspection of Property. The Company covenants that, at such reasonable times and upon reasonable notice and as often as a Significant Holder may reasonably request, it will permit any Person designated by a Significant Holder in writing, at such Significant Holder’s 's expense unless a Default has occurred and is continuing in which case at the Company’s 's expense, to: (i) visit and inspect any of the properties of the Company and any Subsidiary; (ii) examine the corporate books and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom; and (iii) discuss the affairs, finances and accounts of any of such corporations with the principal officers of the Company or any Subsidiary and their independent public accountants to the Companyaccountants.

Appears in 2 contracts

Samples: Private Shelf Agreement (Watsco Inc), Private Shelf Agreement (Watsco Inc)

Inspection of Property. The Company covenants that, at such reasonable times and as often as a Significant Holder may reasonably request, it will permit any Person designated by a Significant Holder in writing, at such Significant Holder’s expense unless a Default has occurred and is continuing in which case at the Company’s expense, to: (i) visit and inspect any of the properties of the Company and any Subsidiary; (ii) examine the corporate or company books and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom; and (iii) discuss the affairs, finances and accounts of any of such corporations with the principal officers of the Company or any Subsidiary of its Subsidiaries and their independent public accountants to the Companyaccountants.

Appears in 2 contracts

Samples: Note Purchase and Private Shelf Agreement (Waste Industries Usa Inc), Note Purchase Agreement (Waste Industries Usa Inc)

Inspection of Property. The Company covenants that, at such reasonable times and as often as a Significant Holder may reasonably request, it will permit any Person designated by a Significant Holder in writing, at such Significant Holder’s 's expense unless a Default has occurred and is continuing in which case at the Company’s 's expense, to: (i) visit and inspect any of the properties of the Company and any Subsidiary; (ii) examine the corporate books and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom; and (iii) discuss the affairs, finances and accounts of any of such corporations with the principal officers of the Company or any Subsidiary and independent public accountants to the Company.

Appears in 2 contracts

Samples: Note Purchase and Private Shelf Agreement (Stanley Furniture Co Inc/), Private Shelf Facility Agreement (Stanley Furniture Co Inc/)

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Inspection of Property. The Company covenants that, at such reasonable times and as often as a Significant Holder may reasonably request, it will permit any Person designated by a Significant Holder in writing, at such Significant Holder’s 's expense unless a Default has occurred and is continuing in which case at the Company’s 's expense, to: (i) visit and inspect any of the properties of the Company and any Subsidiary; (ii) examine the corporate books and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom; and (iii) discuss the affairs, finances and accounts of any of such corporations with the principal officers of the Company or any Subsidiary and their independent public accountants to the Companyaccountants.

Appears in 2 contracts

Samples: Note Purchase and Private Shelf Agreement (Waste Industries Inc), Note Purchase and Private Shelf Agreement (Ruddick Corp)

Inspection of Property. The Company covenants that, at such reasonable times and upon reasonable notice and as often as a Significant Holder may reasonably request, it will permit any Person designated by a Significant Holder in writing, at such Significant Holder’s expense unless a Default has occurred and is continuing in which case at the Company’s expense, to: (i) visit and inspect any of the properties of the Company and any Subsidiary; (ii) examine the corporate books and financial records of the Company and its Subsidiaries and make copies thereof or extracts therefrom; and (iii) discuss the affairs, finances and accounts of any of such corporations with the principal officers of the Company or any Subsidiary and their independent public accountants to the Companyaccountants.

Appears in 1 contract

Samples: Private Shelf Agreement (Watsco Inc)

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