Common use of Maintenance of Books and Records; Inspection Clause in Contracts

Maintenance of Books and Records; Inspection. (a) The Borrower shall, and shall cause each of its Subsidiaries to, maintain adequate books, accounts and records, and prepare all financial statements required under this Agreement in accordance with Generally Accepted Accounting Principles and in material compliance with all Requirements of Law. (b) The Borrower shall, and shall cause each of its Subsidiaries to, permit employees or agents of the Agent (or any Lender, at the Lenders' expense), during normal business hours upon reasonable notice to inspect its properties and to examine or audit its books, records, reports, accounts and other papers and make copies and memoranda of them, and to discuss its affairs, finances and accounts with its officers and employees and, with advance written approval of the Chief Executive Officer, Chief Financial Officer, Vice President-Finance or Vice President-Controller of the Borrower (which approval shall not be unreasonably withheld), the independent public accountants of the Borrower and its Subsidiaries (and by this provision the Borrower and each of its Subsidiaries authorizes said accountants to discuss the finances and affairs of the Borrower or such Subsidiary), all at such reasonable times and as often as may be reasonably requested without undue interference in the business and operations of the Borrower and its Subsidiaries.

Maintenance of Books and Records; Inspection. (a) The Borrower shallCompany will and will cause each of its Subsidiaries to keep proper records and books of account in which complete, correct and reasonably detailed entries shall be made of all financial transactions and of all of the property, assets and businesses of the Company and each such Subsidiary (including, without limitation, the establishment and maintenance of adequate and appropriate reserves) in conformity with generally accepted accounting principles in effect from time to time and all Requirements of Law. The Company will ▇▇▇▇ all of its books and records relating to the Collateral (including, without limitation, its share register) in such a manner as to properly evidence the Collateral Documents and the liens and security interests created thereunder. (b) The Company shall and shall cause each of its Subsidiaries to, maintain adequate books, accounts and records, and prepare all financial statements required under this Agreement in accordance with Generally Accepted Accounting Principles and in material compliance with all Requirements of Law. (b) The Borrower shall, and shall cause to permit each of its Subsidiaries to, permit employees or agents holder of the Agent Notes and any of the agents or representatives thereof (so long as such agent or any Lenderrepresentative has agreed in writing to be bound by the provisions of Section 19), at the Lenders' expense)upon reasonable notice, during normal business hours upon reasonable notice and at the expense of the Company, at any time and from time to time to visit and inspect its any of the offices or properties of, and to examine or audit its books, records, reports, accounts and other papers and make copies of and memoranda abstracts from the records and books of themaccount of, the Company and/or any of its Subsidiaries, and to discuss its the affairs, finances and accounts with its officers of the Company and/or any such Subsidiary, as the case may be, with, and employees be advised as to the same by, their officers, directors and independent accountants (and, with advance written approval of the Chief Executive Officer, Chief Financial Officer, Vice President-Finance or Vice President-Controller of the Borrower by this Subsection (which approval shall not be unreasonably withheldb), the Company authorizes each such officer, director and independent public accountants accountant to discuss the affairs, finances and accounts of the Borrower Company and its Subsidiaries (and by this provision the Borrower and each of its Subsidiaries authorizes said accountants to discuss the finances and affairs of the Borrower or with such SubsidiaryPersons), all at such reasonable times and as often as may be reasonably requested without undue interference in the business and operations of the Borrower and its Subsidiaries.

Maintenance of Books and Records; Inspection. (a) The Borrower shall, and shall cause each of its Subsidiaries to, maintain adequate books, accounts and records, and prepare all financial statements required under this Agreement in accordance with Generally Accepted Accounting Principles (except as set forth in SECTION 5.1 and in material compliance with all Requirements the regulations of Law. (b) any Governmental Authority having jurisdiction over it. The Borrower shall, and shall cause each of its Subsidiaries toupon request, permit employees or agents of the Agent (or any Lender, at the Lenders' expense), during normal business hours upon reasonable notice Lender to inspect the properties of the Borrower and any of its properties Subsidiaries and to examine or audit its the books, records, reports, working papers and accounts of the Borrower and other papers any Subsidiary and make copies and memoranda of them, and to discuss its the affairs, finances and accounts of the Borrower and any Subsidiary with its officers and employees and, with advance written approval upon notice to the Borrower, and (at the Borrower's option) in the presence of the Chief Executive OfficerBorrower, Chief Financial Officer, Vice President-Finance or Vice President-Controller of the Borrower (which approval shall not be unreasonably withheld), with the independent public accountants of the Borrower and or its Subsidiaries (and by this provision the Borrower and each of its Subsidiaries authorizes said Subsidiary authorize such accountants to so discuss the finances and affairs of the Borrower or such any Subsidiary), all at such reasonable times and as often from time to time during business hours as may be reasonably requested without undue interference in the business and operations of the Borrower and its Subsidiariesrequested.

Maintenance of Books and Records; Inspection. (a) The Borrower shalland the Guarantors will, and shall the Borrower will cause each of its Subsidiaries to, maintain adequate books, accounts and records, and prepare all financial statements information required under this Agreement in accordance with Generally Accepted Accounting Principles (subject, in the case of unaudited interim statements, to normal year-end adjustments and the absence of notes) and in material compliance with all Requirements the regulations of Law. (b) The Borrower shallany governmental regulatory body having jurisdiction over it, and shall cause each of its Subsidiaries to, permit employees or agents of the Agent (or Bank at any Lender, at the Lenders' expense), during normal business hours upon reasonable notice time to inspect the properties of the Borrower, its properties Subsidiaries and the Guarantors, and to examine or audit its the books, records, reports, accounts and other papers records of the Borrower, its Subsidiaries and the Guarantors and make copies and memoranda of them, and to discuss its the affairs, finances and accounts of the Borrower, its Subsidiaries and the Guarantors with its officers officers, employees and employees and, with advance written approval of the Chief Executive Officer, Chief Financial Officer, Vice President-Finance or Vice President-Controller of the Borrower (which approval shall not be unreasonably withheld), the independent public accountants of the Borrower and its Subsidiaries attorneys (and by this provision the Borrower and each of Borrower, its Subsidiaries authorizes and the Guarantors authorize said accountants to discuss the finances and affairs of the Borrower or such SubsidiaryBorrower, its Subsidiaries and the Guarantors), all at such reasonable times and as often as may be reasonably requested without undue interference requested, but in the business and operations any event at least twice during each fiscal year of the Borrower and its SubsidiariesBorrower.

Maintenance of Books and Records; Inspection. (a) The Borrower shall, and shall cause each of its Subsidiaries to, maintain adequate books, accounts and records, and prepare all financial statements required under this Agreement in accordance with Generally Accepted Accounting Principles and in material compliance with all Requirements of Law. (b) The Borrower shall, and shall cause each of its Subsidiaries to, permit employees or agents of the Agent (or any Lender, at the Lenders' expense), during normal business hours upon reasonable notice to inspect its properties and to examine or audit its books, records, reports, accounts and other papers and make copies and memoranda of them, and to discuss its affairs, finances and accounts with its officers and employees and, with advance written approval of the Chief Executive Officer, Chief Financial Officer, Vice President-Finance Officer or Vice President-President - Controller of the Borrower (which approval shall not be unreasonably withheld), the independent public accountants of the Borrower and its Subsidiaries (and by this provision the Borrower and each of its Subsidiaries authorizes said accountants to discuss the finances and affairs of the Borrower or such Subsidiary), all at such reasonable times and as often as may be reasonably requested without undue interference in the business and operations of the Borrower and its Subsidiaries.

Maintenance of Books and Records; Inspection. (a) The Borrower shallwill, and shall will cause each of its Subsidiaries to, (i) maintain adequate books, accounts and records, in which full, true and correct entries shall be made of all financial transactions in relation to its business and properties, and prepare all financial statements required under this Agreement Agreement, in each case in accordance with Generally Accepted Accounting Principles GAAP or SAP, as applicable, and in material compliance with all Requirements the requirements of Law. any Governmental Authority having jurisdiction over it and (bii) The Borrower shall, and shall cause each of its Subsidiaries to, permit employees or agents of the Agent (or any Lender, at the Lenders' expense), during normal business hours upon reasonable notice Lender to visit and inspect its properties and to examine or audit its books, records, reports, working papers and accounts and other papers and make copies and memoranda of them, and to discuss its affairs, finances and accounts with its officers and employees and, with advance written approval upon notice to and in the presence of (except during the Chief Executive Officer, Chief Financial Officer, Vice President-Finance or Vice President-Controller continuance of an Event of Default) the Borrower (which approval shall not be unreasonably withheld)Borrower, the independent public accountants of the Borrower and its Subsidiaries (and by this provision the Borrower and each of its Subsidiaries authorizes said such accountants to discuss the finances and affairs of the Borrower or and its Subsidiaries), provided that such Subsidiary)independent public accountants agree to participate in such discussions, all at such reasonable times and as often from time to time, upon reasonable notice and during business hours, as may be reasonably requested without undue interference requested, and in the business event a Default or Event of Default has occurred and operations of is continuing, the Borrower and its Subsidiariesagrees to pay the expense of such independent public accountants, otherwise the cost of such independent public accountants shall be paid by the Lender.

Maintenance of Books and Records; Inspection. (a) The Borrower shall, and shall cause each of its Subsidiaries to, maintain adequate books, accounts and records, and prepare all financial statements required under this Agreement in accordance with Generally Accepted Accounting Principles (except as set forth in SECTION 5.1 and in material compliance with all Requirements the regulations of Law. (b) any Governmental Authority having jurisdiction over it. The Borrower shall, and shall cause each of its Subsidiaries toupon request, permit employees or agents of the Administrative Agent (or any Lender, at the Lenders' expense), during normal business hours upon reasonable notice Lender to inspect the properties of the Borrower and any of its properties Subsidiaries and to examine or audit its the books, records, reports, working papers and accounts of the Borrower and other papers any Subsidiary and make copies and memoranda of them, and to discuss its the affairs, finances and accounts of the Borrower and any Subsidiary with its officers and employees and, with advance written approval upon notice to the Borrower, and (at the Borrower's option) in the presence of the Chief Executive OfficerBorrower, Chief Financial Officer, Vice President-Finance or Vice President-Controller of the Borrower (which approval shall not be unreasonably withheld), with the independent public accountants of the Borrower and or its Subsidiaries (and by this provision the Borrower and each of its Subsidiaries authorizes said Subsidiary authorize such accountants to so discuss the finances and affairs of the Borrower or such any Subsidiary), all at such reasonable times and as often from time to time during business hours as may be reasonably requested without undue interference in the business and operations of the Borrower and its Subsidiariesrequested.