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

Maintaining Records; Access to Properties and Inspections. It will, and will cause each of its Subsidiaries to, maintain financial records in accordance with GAAP and, upon reasonable notice and at reasonable times, permit authorized representatives designated by any Lender to visit and inspect its properties and to discuss its affairs, finances and condition with its officers.

Appears in 21 contracts

Samples: 364 Day Competitive Advance and Revolving Credit Facility Agreement (Texas Utilities Electric Co), Credit Agreement (Oncor Electric Delivery Co), Credit Agreement (Txu Corp /Tx/)

Maintaining Records; Access to Properties and Inspections. It will, and will cause each of its Subsidiaries to, maintain financial records in accordance with GAAP and, upon reasonable notice and at reasonable times, permit authorized representatives designated by any Lender or any Fronting Bank to visit and inspect its properties and to discuss its affairs, finances and condition with its officers.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Txu Energy Co LLC), Revolving Credit Agreement (Txu Us Holdings Co), Revolving Credit Agreement (Txu Corp /Tx/)