Common use of Maintaining Records; Access to Properties and Inspections; Environmental Assessments Clause in Contracts

Maintaining Records; Access to Properties and Inspections; Environmental Assessments. (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each of Tensar Holdings and Tensar will, and will cause each of its subsidiaries to, permit any representatives designated by TCO or the Administrative Agent to visit and inspect the financial records and the properties of Tensar Holdings or Tensar, as the case may be, or any of its subsidiaries at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any such representatives designated by TCO or the Administrative Agent to discuss the affairs, finances and condition of the Tensar Parties, as the case may be, or any of its subsidiaries with the officers thereof and independent accountants therefor.

Appears in 2 contracts

Samples: Facility Agreement (Tensar Corp), Lease Financing and Purchase Option Agreement (Tensar Corp)

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Maintaining Records; Access to Properties and Inspections; Environmental Assessments. (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each of Tensar Holdings and Tensar Luxco will, and will cause each of its their respective subsidiaries to, permit any representatives designated by TCO or the Administrative Agent to visit and inspect the financial records and the properties of Tensar Holdings or TensarLuxco, as the case may be, or any of its their respective subsidiaries at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any such representatives designated by TCO or the Administrative Agent to discuss the affairs, finances and condition of the Tensar Parties, as the case may be, or any of its subsidiaries with the officers thereof and independent accountants therefor.

Appears in 1 contract

Samples: Murabaha Facility Agreement (Tensar Corp)

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Maintaining Records; Access to Properties and Inspections; Environmental Assessments. (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each of Tensar Holdings and Tensar will, and will cause each of its subsidiaries to, permit any representatives designated by TCO or the Administrative Agent to visit and inspect the financial records and the properties of Tensar Holdings or Tensar, as the case may be, or any of its subsidiaries at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any such representatives designated by TCO or the Administrative Agent to discuss the affairs, finances and condition of the Tensar Parties, as the case may be, or any of its subsidiaries with the officers thereof and independent accountants therefor.

Appears in 1 contract

Samples: Murabaha Facility Agreement (Tensar Corp)

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