Common use of Visitation, Inspection, Etc Clause in Contracts

Visitation, Inspection, Etc. The Borrower will, and will cause each of the Loan Parties to, permit any representative of the Administrative Agent or any Lender, upon reasonable request, to visit and inspect its properties, to examine its books and records and to make copies and take extracts therefrom, and to discuss its affairs, finances and accounts with any of its officers and with its independent certified public accountants, during normal business hours and as often as Administrative Agent or such Lender may reasonably request after reasonable prior notice to the Borrower; provided that if an Event of Default has occurred and is continuing, no prior notice shall be required; provided, further, if no Event of Default has occurred and is continuing, the Borrower shall only be responsible for reimbursing costs and expenses incurred pursuant to this Section 5.8 no more than (1) time per Fiscal Year.

Appears in 4 contracts

Samples: Credit Agreement (Malibu Boats, Inc.), Credit Agreement (Malibu Boats, Inc.), Credit Agreement (Malibu Boats, Inc.)

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Visitation, Inspection, Etc. The Borrower will, and will cause each of the Loan Parties its Restricted Subsidiaries to, permit any representative of the Administrative Agent or any Lender, upon reasonable request, to visit and inspect its properties, to examine its books and records and to make copies and take extracts therefrom, and to discuss its affairs, finances and accounts with any of its officers and with its independent certified public accountants, during normal business hours all at such reasonable times and as often as the Administrative Agent or such any Lender may reasonably request after reasonable prior notice to the Borrower; provided that provided, however, if an Event of Default has occurred and is continuing, no prior notice shall be required. All such inspections and examinations by the Administrative Agent or any Lender shall be at the Borrower’s expense; provided, further, if that so long as no Event of Default has occurred and is continuingexists, the Borrower shall only be responsible required to reimburse for reimbursing costs and expenses incurred pursuant to this Section 5.8 no more than (1) time per one such inspection or examination each Fiscal Year.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strategic Education, Inc.)

Visitation, Inspection, Etc. The Borrower Borrowers will, and will cause each of the Loan Parties their Subsidiaries to, permit any representative of the Administrative Agent Agents or any Lender, upon reasonable request, to visit and inspect its their properties, to examine its their books and records records, to perform audits, appraisals or valuations and to make copies and take extracts therefrom, and to discuss its their affairs, finances and accounts with any of its their officers and with its their independent certified public accountants, during normal business hours all at such reasonable times and as often as Administrative Agent the Agents or such any Lender may reasonably request after reasonable prior notice to the BorrowerBorrowers; provided provided, however, that if an Event of Default has occurred and is continuing, no prior notice shall be required; provided, further, if no Event however, that the Borrowers’ obligations in respect of Default has occurred and is continuing, the Borrower shall only be responsible for reimbursing costs and expenses incurred pursuant to this of any such visits or inspections shall be as provided in Section 5.8 no more than (1) time per Fiscal Year2.15(f).

Appears in 1 contract

Samples: Revolving Credit Agreement (Delek US Holdings, Inc.)

Visitation, Inspection, Etc. The Borrower Parent will, and will cause each of the Loan Parties its Subsidiaries to, permit any representative of the Administrative Agent or any Lender, upon reasonable request, to visit and inspect its properties, to examine its books and records and to make copies and take extracts therefrom, and to discuss its affairs, finances and accounts with any of its officers and with its independent certified public accountants, during normal business hours and as often as Administrative Agent or such Lender may reasonably request after reasonable prior notice to the Borrower; provided that if an Event of Default has occurred and is continuing, no prior notice shall be required; provided, further, if no Event of Default has occurred and is continuing, the Borrower shall only be responsible for reimbursing costs and expenses incurred pursuant to this Section 5.8 no more than (1) one time per Fiscal Year.

Appears in 1 contract

Samples: Credit Agreement (OneWater Marine Inc.)

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Visitation, Inspection, Etc. The Borrower will, and will cause each of the Loan Parties to, permit Permit any representative of the Administrative Agent or (which may be accompanied by a representative of any Lender at such Lender, upon reasonable request’s expense), to visit and inspect its properties, to examine its books and records and to make copies and take extracts therefrom, and to discuss its affairs, finances and accounts with any of its officers and with its independent certified public accountants, during normal business hours and to conduct field examinations and appraisals, all at such reasonable times and as often as the Administrative Agent or such any Lender may reasonably request after reasonable prior notice to the Borrower; provided provided, that in the absence of an Event of Default, the Loan Parties shall not be required to reimburse the Administrative Agent for more than one such visit and inspection in any Fiscal Year; provided, further, if a Default or an Event of Default has occurred and is continuing, no prior notice shall be required; provided, further, if no Event of Default has occurred and is continuing, the Borrower shall only be responsible for reimbursing costs and expenses incurred pursuant to this Section 5.8 no more than (1) time per Fiscal Year.

Appears in 1 contract

Samples: Credit Agreement (Primo Water Corp)

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