Common use of Inspection Rights; Access Clause in Contracts

Inspection Rights; Access. The Borrower shall, one occasion per year, or, if a Default or Event of Default shall have occurred and be continuing, at all times permit representatives of the Lender to examine its assets, books and records upon reasonable Notice during normal business hours. The Borrower shall allow the Lender reasonable access to its managers and/or officers.

Appears in 3 contracts

Samples: Loan Agreement (Xoma LTD /De/), Loan Agreement (Xoma LTD /De/), Loan Agreement (Xoma LTD /De/)

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Inspection Rights; Access. The Borrower Borrowers shall, on one occasion per year, or, if or at any time during which a Default or Event of Default shall have occurred and be continuing, at all times permit representatives of the Lender to examine its or its Subsidiaries’ assets, books and records upon reasonable Notice during normal business hours. The Borrower Borrowers shall allow the Lender reasonable access to its managers and/or officers.

Appears in 1 contract

Samples: Loan Agreement (Stereotaxis, Inc.)

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