Third Party Audit Rights. Promptly notify the Administrative Agent of, and at all times allow the Administrative Agent access to the results of, all audits conducted by any Credit Party of any third party licensee, partnership or joint venture under any agreement with respect to any item of Product included in the Collateral. The Credit Parties will exercise their audit rights with respect to any such third party licensees, partnerships and joint ventures upon the reasonable request of the Administrative Agent to the extent that the Credit Parties shall have the right to conduct such audits. After an Event of Default has occurred and is continuing, the Administrative Agent shall have the right to exercise through any Credit Party, such Credit Party's right to audit any obligor under an agreement with respect to any item of Product included in the Collateral.
Third Party Audit Rights. On a quarterly basis, notify the Administrative Agent of, and at all times allow the Administrative Agent access to the results of, all audits conducted by any Credit Party of any third party licensee under any agreement with respect to any item of Product included in the Collateral or of any partnership, or joint venture. The Credit Parties will exercise their audit rights with respect to any such third party licensees, partnerships and joint ventures upon the reasonable request of the Administrative Agent to the extent that the Credit Parties shall have the right to conduct such audits. After an Event of Default has occurred and is continuing, the Administrative Agent shall have the right to exercise through any Credit Party, such Credit Party's right to audit any obligor under an agreement with respect to any item of Product included in the Collateral.
Third Party Audit Rights. On a quarterly basis notify the Administrative Agent of, and at all times allow the Administrative Agent access to the results of, all audits conducted by any Credit Party of any third party under any agreement in the Collateral, any lessee of any Mortgaged Property or of any Joint Venture. The Credit Parties will use commercially reasonable efforts to exercise their audit rights with respect to any such third parties, lessees and Joint Ventures upon the reasonable request of the Administrative Agent to the extent that the applicable Credit Party shall have the right to conduct such audits.
Third Party Audit Rights. Promptly notify the Lender of, and allow the Lender access to the results of, all audits conducted by any Credit Party of any third party licensee, partnership and joint venture under any agreement with respect to any item of Product included in the Collateral. The Credit Parties will exercise their audit rights with respect to any third party licensees, partnerships and joint ventures under any agreement with respect to an item of Product included in the Collateral upon the reasonable written request of the Lender, to the extent such rights are available to the Credit Parties; provided, that so long as an Event of Default has not occurred and is continuing, the Lender shall be entitled to cause the Credit Parties to exercise such audit rights no more than once per year. After an Event of Default has occurred and is continuing, the Lender shall have the right to exercise through any Credit Party such Credit Party's right to audit any obligor under an agreement with respect to any item of Product included in the Collateral.
Third Party Audit Rights. On a quarterly basis, notify the Administrative Agent of, and at all times allow the Administrative Agent access to the results of, all audits conducted by any Credit Party of any third party licensee under any agreement with respect to any item of Product included in the Collateral or of any partnership, or joint venture. The Credit Parties will exercise their audit rights with respect to any such third party licensees, partnerships and joint ventures upon the reasonable request of the Administrative Agent to the extent that the Credit Parties shall have the right to conduct such audits. After an Event of Default has occurred and is continuing, the Administrative Agent shall have the right to exercise through any Credit Party, such Credit Party’s right to audit any obligor under an agreement with respect to any item of Product included in the Collateral.
Third Party Audit Rights. Vendor shall have an independent review, by internal or external auditors, of administrative, physical and technical safeguards and technological mechanisms comprising its security risk management program no less than annually, in accordance with current industry standards and shall cure such deficiencies in a timely manner. Vendor shall provide University with a copy of such reports, at University’s request.
Third Party Audit Rights. Promptly notify the Administrative Agent of, and at all times allow the Administrative Agent or its designee access to the results of, all audits conducted by (i) any Credit Party of any third party licensee, partnership, or joint venture, or (ii) any contract counterparty of any Credit Party, in each case, pertaining to the Collateral. Upon the reasonable request of the Administrative Agent, to the extent that the Credit Parties shall have the right to conduct such audits, the Credit Parties will exercise their audit rights with respect to any such third party licensees, partnerships and joint ventures. If any Credit Party fails to initiate such audit within thirty (30) days following the Administrative Agent’s request or if an 123 Event of Default shall have occurred and be continuing, the Administrative Agent shall have the right to exercise directly such Credit Party’s audit rights under any agreement with respect to any Item of Product included in the Collateral.
Third Party Audit Rights. Promptly notify the Administrative Agent of, and at all times allow the Administrative Agent or its designee access to the results of, all
Third Party Audit Rights. Promptly notify the ------------------------ Administrative Agent of, and allow the Administrative Agent access to the results of, all audits conducted by the Borrower of any third party licensee, partnership and joint venture under any agreement with respect to any Declared Qualifying Picture included in the Collateral. The Borrower will exercise its audit rights with respect to any third party licensees, partnerships and joint ventures under any agreement with respect to the Declared Qualifying Picture included in the Collateral upon the reasonable request of the Administrative Agent. If the Administrative Agent shall have the right to exercise, through the Borrower, the Borrower's right to audit any obligor under an agreement with respect to any Picture included in the Collateral.
Third Party Audit Rights. Promptly notify the Agent of, and allow the Agent access to the results of, all audits conducted by a Credit Party of any third party licensee, partnership and joint venture under any material agreement with respect to any item of Product included in the Collateral. Each Credit Party will exercise its audit rights with respect to any third party licensees, partnerships and joint ventures under any agreement with respect to an item of Product included in the Collateral upon the reasonable request of the Agent, provided, however, that if the Credit Party shall object to performing such audit, the audit shall not be undertaken and the receivables in the Borrowing Base from such third party licensee, partnership or joint venture in connection with the item of Product shall be eliminated from the Borrowing Base. After any Event of Default has occurred and is continuing, the Agent shall have the right to exercise through any Credit Party such Credit Party's right to audit any obligor under an agreement with respect to any item of Product included in the Collateral.
