Common use of Receivables Reviews Clause in Contracts

Receivables Reviews. (i) At any time and from time to time during regular business hours, and upon two Business Days' prior written notice so long as no Termination Event is continuing, permit AFC or the Agent, or their respective agents or representatives, (and/or, if the Agent shall have consented (which consent shall not be unreasonably withheld), the Surety Bond Provider or its agents or representatives) (A) to examine and make copies of and abstracts from all books, records and documents (including, without limitation, computer tapes and disks) in possession or under the control of such Originator relating to Receivables, including, without limitation, the related Contracts and purchase orders and other agreements related thereto, and (B) to visit the offices and properties of such Originator for the purpose of examining such materials described in clause (i)(A) above, and to discuss matters relating to Receivables originated by it or the performance hereunder with any of the officers or employees of such Originator having knowledge of such matters, and (ii) without limiting the foregoing clause (i), from time to time on request of the Agent (given not more than once in each calendar year so long as no Purchase and Sale Termination Event shall have occurred and be continuing), permit certified public accountants or other auditors acceptable to AFC and the Agent to conduct, at AFC's expense (so long as such expenses do not exceed $15,000 in any calendar year), a review of such Originator's books and records with respect to such Receivables.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Amphenol Corp /De/)

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Receivables Reviews. (i) At any time and from time to time during regular business hours(but, and upon two Business Days' prior written notice so long as no Termination Event or Unmatured Termination Event has occurred and is continuing, not more than twice during any calendar year), during regular business hours, at such Originator's expense, and upon reasonable prior notice, permit AFC the Company or the Agent, or their respective agents or representatives, (and/or, if the Agent shall have consented (which consent shall not be unreasonably withheld), the Surety Bond Provider or its agents or representatives) (A) to examine and make copies of and abstracts from all books, records and documents (including, without limitation, computer tapes and disks) in possession or under the control of such each Originator relating to Receivables, including, without limitation, the related Contracts and purchase orders and other agreements related thereto, and (B) to visit the offices and properties of such Originator for the purpose of examining such materials described in clause (i)(A) above, next above and to discuss matters relating to Receivables originated by it or the performance hereunder with any of the officers or employees of such each Originator having knowledge of such matters, and (ii) without limiting the foregoing clause (i)) above, from time to time on reasonable request of the Agent (given not more than once in each calendar year but, so long as no Purchase and Sale Termination Event shall have or Unmatured Termination Event has occurred and be is continuing, not more than twice during any calendar year), permit certified public accountants or other auditors acceptable to AFC the Company and the Agent to conduct, at AFCthe Company's expense (so long as such expenses do not exceed $15,000 in any calendar year)expense, a review of such Originator's books and records with respect to such Receivables.. (1)

Appears in 1 contract

Samples: Purchase and Sale Agreement (Atrium Companies Inc)

Receivables Reviews. (i) At any time and from time to time during regular business hours, and upon two Business Days' prior written notice so long as no Termination Event is continuing, permit AFC or the Agent, or their respective agents or representatives, (and/or, if the Agent shall have consented (which consent shall not be unreasonably withheld), the Surety Bond Provider or its agents or representatives) ): (A) to examine and make copies of and abstracts from all books, records and documents (including, without limitation, computer tapes and disks) in possession or under the control of such the Originator relating to Receivables, including, without limitation, the related Contracts and purchase orders and other agreements related thereto, and (B) to visit the offices and properties of such the Originator for the purpose of examining such materials described in clause CLAUSE (i)(AA) above, and to discuss matters relating to Receivables originated by it or the performance hereunder with any of the officers or employees of such the Originator having knowledge of such matters, and (ii) without limiting the foregoing clause CLAUSE (iI), from time to time on request of the Agent (given not more than once in each calendar year so long as no Purchase and Sale Termination Event shall have occurred and be continuing), permit certified public accountants or other auditors acceptable to AFC and the Agent to conduct, at AFC's expense (so long as such expenses do not exceed $15,000 in any calendar year), a review of such the Originator's books and records with respect to such Receivables.

Appears in 1 contract

Samples: Canadian Purchase and Sale Agreement (Amphenol Corp /De/)

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Receivables Reviews. (i) At any time and from time to time during regular business hours, hours and upon two Business Days' prior written notice so long as no Termination Event is continuingreasonable notice, permit AFC the Buyer or the AgentAdministrator, or their respective agents agents, or representatives, (and/or, if the Agent shall have consented (which consent shall not be unreasonably withheld), the Surety Bond Provider or its agents or representatives) (A) to examine and make copies of and abstracts from all books, records and documents (including, without limitation, computer tapes and disks) in possession or under the control of such any Originator relating to the Receivables, including, without limitation, the related Contracts and purchase orders orders, Related Rights and other agreements related thereto, and (B) to visit the offices and properties of such any Originator for the purpose of examining such materials described in clause (i)(A) above, above and to discuss matters relating to Receivables originated by it or the performance hereunder with any of the key officers or employees of such any Originator having knowledge of such matters; provided, that at any time when no Termination Event exists and is continuing, the Buyer shall be required to reimburse the Administrator or its respective agents, or representatives for only one (1) such examination and one (1) such visit per year, and (ii) without limiting the foregoing clause (i)) above, annually or if a Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event exist then from time to time on request of the Agent (given not more than once in each calendar year so long as no Purchase and Sale Termination Event shall have occurred and be continuing)Administrator, permit certified public accountants or other auditors acceptable to AFC the Originators and the Agent Administrator to conduct, at AFC's expense (so long as such expenses do not exceed $15,000 in any calendar year)Originator’s expense, a review of such Originator's ’s books and records with respect to such Receivables; provided, that at any time when no Termination Event exists and is continuing, the Buyer shall be required to reimburse the Administrator for only one (1) such review per year.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Kansas City Power & Light Co)

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