Common use of Inspection Rights; Access Clause in Contracts

Inspection Rights; Access. Borrower shall, on [*****], or, at any time during which a Default or Event of Default shall have occurred and be continuing, permit representatives of the Lender to examine its or its Subsidiaries’ assets, books and records Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote such omission. upon reasonable Notice during normal business hours. Borrower shall allow the Lender reasonable access to its managers and/or officers. To the extent any License Agreement contains provisions requiring confidential treatment of any information, including financial information, that would prohibit Borrower from providing such information to the Lender, in connection with any audit permitted hereunder, Borrower shall have its independent certified public accountants provide a summary of the relevant information and certify that such information is true and correct in all respects.

Appears in 2 contracts

Samples: Loan Agreement (Dyax Corp), Loan Agreement (Dyax Corp)

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Inspection Rights; Access. Borrower shall, on [*****], or, at any time during which a Default or Event of Default shall have occurred and be continuing, permit representatives of the Lender to examine its or its Subsidiaries’ assets, books and records Confidential materials omitted and filed separately with the Securities Secutities and Exchange Commission. Asterisks denote such omission. upon reasonable Notice during normal business hours. Borrower shall allow the Lender reasonable access to its managers and/or officers. To the extent any License Agreement contains provisions requiring confidential treatment of any information, including financial information, that would prohibit Borrower from providing such information to the Lender, in connection with any audit permitted hereunder, Borrower shall have its independent certified public accountants provide a summary of the relevant information and certify that such information is true and correct in all respects.

Appears in 2 contracts

Samples: Security Agreement (Dyax Corp), Security Agreement (Dyax Corp)

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