Inspections; Books and Records. Each of the Credit Parties will, and will cause each Subsidiary to, (a) keep proper books of record and account in which full, true and correct entries are made of all material dealings and transactions in relation to its business and activities and (b) permit officers, representatives and agents of the Agent or any Lender, to visit and inspect any Property of any Credit Party or any Subsidiary, and to examine the books of account of such Credit Party or such Subsidiary and discuss the affairs, finances and accounts of such Credit Party or such Subsidiary with its and their officers and independent accountants, all at such reasonable times as the Agent or any Lender may request; provided that, (i) prior written notice of any such visit, inspection or examination shall be provided to Borrower Representative, (ii) such visit, inspection or examination shall be performed at reasonable times to be agreed to by Borrower Representative, which agreement will not be unreasonably withheld, (iii) the Credit Parties shall pay the reasonable out-of-pocket costs and expenses of such visit, inspection or examination, and (iv) so long as no Event of Default exists, the Agent and the Lenders shall only be entitled to one (1) such visit, inspection or examination per fiscal year of Borrowers.
Inspections; Books and Records. Such Guarantor shall (A) at all times cause the Borrowers to comply with their obligations under Section 10.1.3 of the Loan Agreement and (B) to the extent required to enable the Borrowers to comply with such contractual obligations, permit representatives and independent contractors of Administrative Agent to (i) visit and inspect any of its properties, (ii) to examine its corporate, financial and operating records, and files concerning the Project Portfolio, Loan Documents and Underlying Financing Documents, and make copies thereof or abstracts therefrom, and (iii) discuss the affairs, business (including, without limitation, all matters concerning the Project Portfolio and Underlying Financings), finances and accounts of Obligors (other than the Guarantors), with the directors, officers, independent public accountants (provided that the Guarantors shall be present for any meetings with such accountants), legal counsel and other independent agents and experts of such Guarantor at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to such Guarantor; provided that all reasonable and documented third party charges, costs and expenses of Administrative Agent and its representatives and independent contractors in connection with such visits, examinations and discussions shall be reimbursed by the Guarantors only in connection with two (2) such visits, examinations and discussions per fiscal year; provided, further, however, that when an Event of Default exists Administrative Agent (or its representatives or independent contractors) may do any of the foregoing at the expense of the Guarantors at any time during normal business hours and without advance notice.
Inspections; Books and Records. (a) The Administrative Agent, the Construction Consultant, and any authorized representative(s) designated by either the Administrative Agent or the Construction Consultant shall have the right at all reasonable times on reasonable notice (and (i) for so long as no Default exists, at Borrower's expense provided that such inspections and examinations do not take place more often than annually, and otherwise at the expense of the Lenders and (ii) from and after the occurrence of a Default, at Borrower's expense) and any other Lender shall have the right at its own expense: (i) to enter upon and inspect the Properties of Borrower, Co-Borrower and Subsidiary Guarantors (including the Project), both as part of the Administrative Agent's general oversight (both prior to and after the Completion Date) and to inspect the Project Construction to determine that it is in conformity with the Approved Plans and Specifications and all the requirements hereof; and (ii) to examine, copy and make extracts of the books, records, accounting data and other documents of the Borrower, Co-Borrower, Property Manager and Subsidiary Guarantors, whether or not the same relate in any way to the Project, all of which shall be made available promptly upon the Administrative Agent's written demand therefor (including in connection with environmental compliance, hazard or liability), and to discuss the Borrower's, Co-Borrower's, Subsidiary Guarantors' and other Subsidiaries' and Property Manager's affairs, finances and accounts, including, but not limited to, matters relating to the Project, with their respective executive officers, as applicable, all upon reasonable notice and at such reasonable times during normal business hours, as often as may be reasonably requested. At the request of the Administrative Agent, Borrower and the Co-Borrower shall furnish convenient facilities for the purposes of conducting such investigations and examinations. No Construction Agreements let or amended by the Co-Borrower shall be inconsistent with the foregoing inspection and examination rights. It is expressly understood and agreed that the Administrative Agent shall have no duty to supervise or to inspect the Project (or any other Property) or any books and records, that any such inspection shall be for the sole purposes of determining whether or not the obligations of Borrower and the Co-Borrower under this Agreement are being properly discharged and of preserving the Administrative Agent's rights h...
Inspections; Books and Records. Keep, and cause each of its Subsidiaries to keep, adequate books of record and account in which entries, in accordance with GAAP consistently applied, shall be made of all material financial matters and transactions in relation to its business and activities; and permit representatives of the Administrative Agent or any Lender to visit and inspect (upon one (1) Business Day’s notice, so long as no Event of Default then exists and is continuing) any of its properties, to examine and make abstracts from any of its books and records and to discuss its affairs, finances and accounts with its officers, employees and independent public accountants, all during regular business hours and as often as reasonably requested (provided, however, that unless an Event of Default shall have occurred and be continuing, such inspection right shall be limited to one occurrence per Lender in any 12-month period).
Inspections; Books and Records. Beneficiary and its agents and representatives shall have the right at any reasonable time upon reasonable notice to enter upon the Land and inspect the Property to ensure compliance with the Development Agreement. Trustor shall maintain complete and accurate books of account and other records (including copies of supporting bills and invoices) adequate to document compliance with the Development Agreement and the operation of the Property, together with copies of all written contracts, Leases and other instruments which affect the Property. The books, records, contracts, Leases and other instruments shall be subject to examination and inspection at any reasonable time by Beneficiary following two business days prior notice.
Inspections; Books and Records. To permit the duly authorized agents of Bank at any reasonable time to enter upon and inspect the books and records of Borrower during normal business hours.
Inspections; Books and Records. At all times keep proper books of record and accounts for the Facilities, and, upon 24 hours written request of Lender, provide any duly authorized representative of Lender access during normal business hours to, and permit such representative to reasonably examine, copy or make extracts from, any and all books, records and documents in Borrower's possession or control relating to the Facilities or any of the representations or covenants of Borrower hereunder or in the Loan Documents (such access to be given immediately upon request in the case of any emergency or a material change in financial or other condition of Borrower). Lender and its representatives shall have the right at all reasonable times upon 24 hours written notice to inspect, examine and copy all books and records of Borrower.
Inspections; Books and Records. At all times keep proper books of record and accounts for itself and its operations thereon, in which full and correct entries will be made of its transactions, business and affairs, pursuant to a system of accounting established and administered in accordance with generally accepted accounting principles. Upon 24 hours oral or written request of the Lender, the Borrower shall provide any duly authorized representative of the Lender access during normal business hours to, and permit such representative to reasonably examine, copy or make extracts from, any and all books, records and documents in the Borrower’s possession or control relating to any of the representations or covenants of the Borrower hereunder or in the Loan Documents applicable to the Borrower (such access to be given immediately upon request in the case of any emergency or a material change in financial or other condition of the Borrower). Lender shall maintain the confidentiality of such books, records, and documents, except for disclosure to Lender’s accountants and lawyers, except as may be necessary to enforce Lender’s rights hereunder or under the Loan Documents applicable to the Borrower, and except for information that is generally available to the public.
Inspections; Books and Records. At all times keep proper books of record and accounts for the Facilities Enterprise, and, upon 48 hours written request of Lender, provide any duly authorized representative of Lender access during normal business hours to, and permit such representative to reasonably examine, copy or make extracts from, any and all books, records and documents in Borrower's possession or control relating to the Facilities Enterprise or any of the representations or covenants of Borrower hereunder or in the Loan Documents (such access to be given immediately upon request in the case of any emergency or a material change in financial or other condition of Borrower), excluding, however, any documents that, because of attorney-client, work product or other privilege or immunity, would not be subject to production in a civil action under Colorado law. Lender and Lender's representatives, shall have the right at all reasonable times to inspect, examine and copy all books and records of Borrower relating to the Facilities.
Inspections; Books and Records. Each Loan Party will, and will cause each of its Included Subsidiaries to, (a) keep adequate books of record and account in which entries that are full, true and correct in all material respects are made of all dealings and transactions in relation to its business and activities, which books of record and account shall be maintained electronically by Xxxxxxxx and (b) permit any representatives designated by any Agent or any Lender (including employees of any Agent, any Lender or any consultants, auditors, accountants, lawyers and appraisers retained by an Agent) to visit and inspect any of the properties of any Loan Party and any of its respective Included Subsidiaries, to inspect, copy and take extracts from its and their financial and accounting records, and to discuss its and their affairs, finances and accounts with its and their officers and independent accountants and auditors, all upon reasonable notice and at such times during normal business hours, provided, that if no Event of Default has occurred and is continuing, such audits and inspections shall take place no more than once annually. The Loan Parties agree to pay the reasonable and documented out-of-pocket costs and expenses incurred in connection with one such visit and inspection per calendar year (provided that such limit shall not apply during the continuance of an Event of Default). The Loan Parties acknowledge that any Agent, after exercising its rights of inspection, may prepare and distribute to the Lenders certain reports pertaining to the Loan Parties’ assets for internal use by Agents and the Lenders.
