Common use of Visitation and Inspection Rights Clause in Contracts

Visitation and Inspection Rights. At the expense of Seller, Seller shall permit Buyer to inspect, and to discuss with Seller’s and Guarantor’s officers, agents and auditors, the affairs, finances, and accounts of Seller and Guarantor, the Repurchase Assets, OFAC sanctions scanning policies and procedures, including information relating to the method and frequency of scanning and the results of specific scans conducted on borrowers, anti-money laundering policies and procedures, and Seller’s and Guarantor’s respective books and records, and to make abstracts or reproductions thereof and to duplicate, reduce to hard copy or otherwise use any and all computer or electronically stored information or data, in each case, (i) during normal business hours, (ii) upon reasonable prior written notice (provided, that upon the occurrence of an Event of Default, no notice shall be required), and (iii) to discuss with Seller’s and Guarantor’s officers, its affairs, finances, and accounts.