Inspection Rights/Lender Meetings. (a) Permit representatives of the Administrative Agent to visit and inspect any properties of the Loan Parties and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, all at the reasonable expense of Borrower and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to Borrower.
Inspection Rights/Lender Meetings. Each of the Borrowers and the other Loan Parties shall, and shall cause each of the Subsidiaries of Borrowers to permit representatives and independent contractors of Administrative Agent and Collateral Agent to visit and inspect any of their respective properties to examine their corporate, financial and operating records, and make copies thereof or abstracts therefrom, to examine and audit the Collateral and to discuss their respective affairs, finances and accounts with their respective directors, officers, members, managers and independent public accountants, at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to such Person; provided, that, unless an Event of Default exists, the cost of only 2 field examinations, in each case, per calendar year shall be borne by Loan Parties at the then applicable rate charged by Administrative Agent or Collateral Agent, as applicable, plus actual and reasonable out of pocket expenses. Loan Parties shall cause its senior management to hold meetings with Administrative Agent in person (if requested by Administrative Agent), on a semi-annual basis, to discuss Loan Parties’ financial performance and projections. Loan Parties shall reimburse Administrative Agent for all reasonable out-of-pocket expenses incurred in connection with Administrative Agent’s attendance at such meetings.
Inspection Rights/Lender Meetings. Each of the Loan Parties shall and shall cause each of its Subsidiaries to permit representatives and independent contractors of Administrative Agent to visit and inspect any of their respective properties, including the Facilities to examine their corporate, financial and operating records, and make copies thereof or abstracts therefrom, to examine and audit the Collateral and to discuss their respective affairs, finances and accounts with their respective directors, officers, members, managers and independent public accountants, at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice (which the parties contemplate to be at least two (2) days advance notice, other than under exigent circumstances as determined in Administrative Agent’s reasonable judgment, where less than two (2) days advance notice may be given) to such Person; provided that, unless an Event of Default exists, the cost of only two (2) examination and audits of the Collateral per calendar year shall be borne by Loan Parties at the then applicable rate charged by Administrative Agent (which rate is subject to change from time to time and is currently One Thousand Dollars ($1,000) per eight hour day (including travel time) per analyst), plus actual and reasonable out of pocket expenses; provided further that, when an Event of Default exists, Administrative Agent (or any of its representatives or independent contractors) may do any of the foregoing at the expense of Loan Parties at any time and without advance notice and as many times as Administrative Agent may require. Loan Parties shall cause its senior management to hold meetings with Administrative Agent in person (if requested by Administrative Agent), on a semi-annual basis, to discuss Loan Parties’ financial performance and projections. Loan Parties shall reimburse Administrative Agent if (but only if) a Default then exists for all reasonable out-of-pocket expenses incurred in connection with Administrative Agent’s attendance at such meetings.
Inspection Rights/Lender Meetings. (a) At any reasonable time and from time to time, upon reasonable notice of not less than three Business Days (or such shorter period, if any, as the relevant Loan Party and the Administrative Agent may mutually agree), each Loan Party shall, and shall cause each of its Restricted Subsidiaries to, permit representatives and independent contractors of Administrative Agent (a) to examine, inspect, review, evaluate and make physical verifications and appraisals of the inventory and other Collateral in any manner and through any medium that Administrative Agent considers advisable, (b) to visit and inspect its Properties, (c) to examine its corporate, financial and operating books and records, and make copies thereof or abstracts therefrom and (d) to discuss its affairs, business, operations, financial condition and accounts with its directors, officers, employees, and independent certified public accountants, all at the sole cost and expense of Borrower and at such reasonable times during normal business hours and as often as may be reasonably requested; provided that, other than with respect to such visits and inspections following the occurrence of an Event of Default that is continuing, Administrative Agent shall not exercise such rights more often than two (2) times during any calendar year; provided, further, that only when an Event of Default exists Administrative Agent (or any of its representatives or independent contractors) may do any of the foregoing under this Section at the sole cost and expense of Borrower and at any time during normal business hours and without advance notice.
Inspection Rights/Lender Meetings. (a) Permit representatives and independent contractors of the Administrative Agent to visit and inspect any properties of the Borrower and its Subsidiaries (subject, in the case of third party customer sites, to customary access agreements) and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, all at the reasonable expense of the 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, that (i) such visits and inspections shall be coordinated through the Administrative Agent and (ii) the Administrative Agent shall not exercise such rights more than four (4) times during any Fiscal Year absent the occurrence of an Event of Default. The Administrative Agent shall give the Borrower the opportunity to participate in any discussions with the Borrower’s independent public accountants to the extent reasonably feasible. Neither the Borrower nor any Subsidiary shall be required to disclose to the Administrative Agent or any Lender any information that, in the opinion of counsel to the Borrower or such Subsidiary, is prohibited by Law to be disclosed, is subject to attorney client privilege or constitutes attorney work product or the disclosure of which would cause a material breach of a binding non‑disclosure agreement with a third party to the extent such agreement is not made in contemplation of the avoidance of this Section 6.10.
Inspection Rights/Lender Meetings. (a) Permit representatives of the Administrative Agent to visit and inspect any properties of the Loan Parties and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, all at the reasonable expense of Borrower and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to Borrower, subject to such representative being subject to the supervision of Borrower’s personnel; provided, however, that the Administrative Agent shall not exercise such rights more than four (4) times during any Fiscal Year absent the occurrence of an Event of Default.
Inspection Rights/Lender Meetings. (i) Permit, and cause each of its Subsidiaries to permit, the agents and representatives of any Agent, prior to the occurrence of an Event of Default, once per calendar year per each applicable property, and upon the occurrence and continuation of an Event of Default, at any time and from time to time, during normal business hours, all at the expense of the Borrower, to examine and make copies of and abstracts from its records and books of account, to visit and inspect its properties, to verify materials, leases, notes, accounts receivable, deposit accounts and its other assets, to conduct audits, physical counts, valuations, appraisals or examinations and to discuss its affairs, finances and accounts with any of its directors, officers, managerial employees, independent accountants or any of its other representatives. In furtherance of the foregoing, each Loan Party hereby authorizes its independent accountants, and the independent accounts of its Subsidiaries, to discuss the affairs, finances and accounts of such Person (independently or together with representatives of such Person) with the agents and representatives of any Agent in accordance with this Section 7.01(e).
Inspection Rights/Lender Meetings. (a) Each Loan Party shall and shall cause each of their Subsidiaries to permit each Agent from time to time, subject (unless a Default or an Event of Default exists) to reasonable prior notice and normal business hours, to visit and inspect any of their properties and assets, including the Collateral, to conduct appraisals of Collateral and to inspect, audit and make extracts from any Loan Party’s or Subsidiary’s books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Loan Party’s or Subsidiary’s business, financial condition, assets, prospects and results of operations. Neither the Agents nor any Lender shall have any duty to any Loan Party to make any inspection, nor to share any results of any inspection, appraisal or report with any Loan Party or any of their Subsidiaries. Each Loan Party acknowledge that all inspections, appraisals and reports are prepared by Agents and Lenders for their purposes, and the Loan Parties shall not be entitled to rely upon them. Each Loan Party shall cause its senior management to hold meetings (if requested by an Agent) with (a) the Agents in person, on a semi-annual basis, and (b) with the Agents by conference call, on a quarterly basis, in each case, to discuss the Loan Parties’ financial performance and projections. 106
Inspection Rights/Lender Meetings. (a)Each Loan Party shall and shall cause each of their Subsidiaries to permit Administrative Agent from time to time, subject (unless any Event of Default, or any other Default that has been continuing for three (3) Business Days, in respect of a failure to comply with any requirement of Section 6.01 or Section 6.02(a), or five (5) Business Days in respect of any other any event or condition that, with the giving of notice, the passage of time, or both, would constitute an Event of Default, exists) to reasonable prior notice and normal business hours, to visit and inspect any of their properties and assets, including the Collateral, to conduct appraisals of Collateral and to inspect, audit and make extracts from any Loan Party's or Subsidiary's books and records, and discuss with its officers, employees, agents, advisors and independent accountants such Loan Party's or Subsidiary's business, financial condition, assets, prospects and results of operations; provided that unless any Event of Default, or any other Default that has been continuing for three (3) Business Days, in respect of a failure to comply with any requirement of Section 6.01 or Section 6.02(a), or five (5) Business Days in respect of any other any event or condition that, with the giving of notice, the passage of time, or both, would constitute an Event of Default, exists the costs of only one such visit or inspection by Administrative Agent during any 12 month period shall be borne by Borrowers and the costs of such visits or inspections of Administrative Agent shall be limited as set forth in clause (b) below. Neither the Agents nor any Lender shall have any duty to any Loan Party to make any inspection, nor to share any results of any inspection, appraisal or report with any Loan Party or any of their Subsidiaries. Each Loan Party acknowledge that all inspections, appraisals and reports are prepared by Agents and Lenders for their purposes, and the Loan Parties shall not be entitled to rely upon them. Each Loan Party shall cause its senior management to hold meetings with (a) the Agents in person (if requested by Administrative Agent), on a semi-annual basis, and (b) with the Agents by conference call (in addition to the public quarterly earnings calls), on a quarterly basis, in each case, to discuss the Loan Parties' financial performance and projections.
