Common use of Visitation Rights; Field Examination Clause in Contracts

Visitation Rights; Field Examination. At any reasonable time and from time to time, permit the Lender or representatives, to (i) examine and make copies of and abstracts from the records and books of account of the Borrower, and (ii) enter onto the property of the Borrower to conduct unannounced field examinations and collateral inspections, with such frequency as Lender in its sole reasonable discretion may deem appropriate, and (iii) discuss the affairs, finances, and accounts of the Borrower with any of Borrower’s officers or directors. Borrower consents to and authorizes Lender to enter onto the property of Borrower for purposes of conducting the examinations, inspections and discussions provided above. Lender and its authorized representatives shall follow all safety procedures and protocols of Borrower, as well as any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subject, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting on the part of the Borrower, any and all visits and inspections deemed necessary or desirable on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to time, the Borrower also shall permit the Lender or representatives thereof, at the expense of the Lender, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Borrower, and to discuss the affairs, finances and accounts of the Borrower with any of its respective officers or directors;

Appears in 2 contracts

Samples: Construction and Term Loan Agreement (Otter Tail Ag Enterprises, LLC), Master Loan Agreement (Otter Tail Ag Enterprises, LLC)

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Visitation Rights; Field Examination. At any reasonable time and from time to time, permit the Lender or representatives, to (i) examine and make copies of and abstracts from the records and books of account of the Borrower, and (ii) enter onto the property of the Borrower to conduct unannounced field examinations and collateral inspections, with such frequency as Lender in its sole reasonable discretion may deem appropriate, and (iii) discuss the affairs, finances, and accounts of the Borrower with any of Borrower’s officers or directors. Borrower consents to and authorizes Lender to enter onto the property of Borrower for purposes of conducting the examinations, inspections and discussions provided above. Lender and its authorized representatives shall follow all safety procedures and protocols of Borrower, as well as any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subject, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting on the part of the Borrower, any and all visits and inspections deemed necessary or desirable on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to time, the Borrower also shall permit the Lender or representatives thereof, at the expense of the Lender, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Borrower, and to discuss the affairs, finances and accounts of the Borrower with any of its respective officers or directors;

Appears in 2 contracts

Samples: Master Loan Agreement (US BioEnergy CORP), Master Loan Agreement (US BioEnergy CORP)

Visitation Rights; Field Examination. At any reasonable time and from time to time, permit the Lender or representatives, representatives thereof to (i) examine and make copies of and abstracts from the records and books of account of the Borrowerof, and (ii) enter onto visit the property of the Borrower to properties of, and conduct unannounced field examinations and collateral inspections, with such frequency as Lender in its sole reasonable discretion may deem appropriate, inspections at least annually of the Borrower and (iii) to discuss the affairs, finances, finances and accounts of the Borrower with any of Borrower’s its officers or directors. Borrower consents to and authorizes Lender to enter onto the property of Borrower for purposes of conducting the examinations, inspections and discussions provided above. Lender and its authorized representatives shall follow all safety procedures and protocols of Borrowerprovided, as well as any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subjecthowever, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting on the part of the Borrower, any and all visits and inspections deemed necessary or desirable on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to time, the Borrower also shall permit the Lender or representatives thereof, at the expense of the Lender, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Borrower, and to discuss the affairs, finances and accounts of the Borrower with any of its their respective officers or directors;

Appears in 2 contracts

Samples: Construction and Revolving Loan Agreement (United Wisconsin Grain Producers LLC), Loan Agreement (Badger State Ethanol LLC)

Visitation Rights; Field Examination. At any reasonable time and from time to time, permit the Lender or representatives, to (i) examine and make copies of and abstracts from the records and books of account of the Borrower, and (ii) enter onto the property of the Borrower to conduct unannounced field examinations and collateral inspections, with such frequency as Lender in its sole reasonable discretion may deem appropriate, and (iii) discuss the affairs, finances, and accounts of the Borrower with any of Borrower’s officers or directors. Borrower consents to and authorizes Lender to enter onto the property of Borrower for purposes of conducting the examinations, inspections and discussions provided above. Lender and its authorized representatives shall follow all safety procedures and protocols of Borrower, as well as any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subject, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender upon reasonable grounds to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting on the part of the Borrower, any and all visits and inspections deemed necessary or desirable on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to time, the Borrower also shall permit the Lender or representatives thereof, at the expense of the Lender, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Borrower, and to discuss the affairs, finances and accounts of the Borrower with any of its respective officers or directors;

Appears in 2 contracts

Samples: Master Loan Agreement (Central Iowa Energy, LLC), Master Loan Agreement (Central Iowa Energy, LLC)

Visitation Rights; Field Examination. At Subject to the terms of the Material Contracts, applicable laws and reasonable worksite rules, which may involve prior consent, training or other provisions, at any reasonable time and from time to time, permit the Lender Agent or representatives, its representatives to (i) examine and make copies of and abstracts from the records and books of account of the Borrower, and (ii) subject to the rights of tenants, if any, enter onto the property Real Property of the Borrower to conduct unannounced field examinations and collateral inspections, with such frequency as Lender the Agent in its sole reasonable discretion may deem appropriate, and (iii) discuss the affairs, finances, and accounts of the Borrower with any of the Borrower’s officers Plant Manager or directorsChief Executive Officer. Subject to the terms of Material Contracts, applicable laws and reasonable worksite rules, the Borrower consents to and authorizes Lender the Agent to enter onto the property of the Borrower for purposes of conducting the examinations, inspections and discussions provided above. Lender Once annually and its authorized representatives shall follow all safety procedures and protocols of Borrower, as well as at any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subject, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon time upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender Agent to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting requirement on the part of the Borrower, any and all visits and inspections deemed necessary or desirable for an annual inspection or on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to timetime (but not more frequent than twice in any calendar year unless the preceding sentence applies), the Borrower also shall permit the Lender Agent or representatives thereof, at the expense of the LenderAgent, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Borrower, and to discuss the affairs, finances and accounts of the Borrower with any of its respective officers or directors;.

Appears in 1 contract

Samples: Credit Agreement (Highwater Ethanol LLC)

Visitation Rights; Field Examination. At any reasonable time and from time to time, permit the Lender or representatives, to (i) examine and make copies of and abstracts from the records and books of account of the Borrower, and (ii) enter onto the property of the Borrower to conduct unannounced field examinations and collateral inspections, with such frequency as Lender in its sole reasonable discretion may deem appropriate; provided; however, Lender and its representatives shall follow Borrower’s safety standards and protocols, and shall not disrupt the business operations of Borrower, and (iii) discuss the affairs, finances, and accounts of the Borrower with any of Borrower’s officers or directors. Borrower consents to and authorizes Lender to enter onto the property of Borrower for purposes of conducting the examinations, inspections and discussions provided above. Lender and its authorized representatives shall follow all safety procedures and protocols of Borrower, as well as any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subject, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting on the part of the GP:4879178v4 i Borrower, any and all visits and inspections deemed necessary or desirable on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to time, the Borrower also shall permit the Lender or representatives thereof, at the expense of the Lender, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Borrower, and to discuss the affairs, finances and accounts of the Borrower with any of its respective officers or directors;

Appears in 1 contract

Samples: Master Loan Agreement (Homeland Energy Solutions LLC)

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Visitation Rights; Field Examination. At any reasonable time and from time to time, permit the Lender or representatives, to (i) examine and make copies of and abstracts from the records and books of account of the BorrowerBorrower and each of its subsidiaries, and (ii) enter onto the property of the Borrower and each of its subsidiaries to conduct unannounced field examinations and collateral inspections, with such frequency as Lender in its sole reasonable discretion may deem appropriate, and (iii) discuss the affairs, finances, and accounts of the Borrower and each of its subsidiaries with any of Borrower’s and its subsidiaries officers or directors. Borrower consents and any of its subsidiaries consent to and authorizes authorize Lender to enter onto the property of Borrower or any of its subsidiaries for purposes of conducting the examinations, inspections and discussions provided above. Lender and its authorized representatives shall follow all safety procedures and protocols of Borrower, as well as any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subject, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting on the part of the BorrowerBorrower or any of its subsidiaries, any and all visits and inspections deemed necessary or desirable on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to time, the Borrower and its subsidiaries also shall permit the Lender or representatives thereof, at the expense of the Lender, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the BorrowerBorrower or its subsidiaries, and to discuss the affairs, finances and accounts of the Borrower or its subsidiaries with any of its their respective officers or directors;

Appears in 1 contract

Samples: Master Loan Agreement (Heron Lake BioEnergy, LLC)

Visitation Rights; Field Examination. At any reasonable time and from time to time, permit the Lender or representatives, to (i) examine and make copies of and abstracts from the records and books of account of the Borrower, and (ii) enter onto the property of the Borrower to conduct unannounced field examinations and collateral inspections, with such frequency as Lender in its sole reasonable discretion may deem appropriate; provided; however, Lender and its representatives shall follow Borrower’s safety standards and protocols, and shall not disrupt the business operations of Borrower, and (iii) discuss the affairs, finances, and accounts of the Borrower with any of Borrower’s officers or directors. Borrower consents to and authorizes Lender to enter onto the property of Borrower for purposes of conducting the examinations, inspections and discussions provided above. Lender and its authorized representatives shall follow all safety procedures and protocols of Borrower, as well as any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subject, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting on the part of the Borrower, any and all visits and inspections deemed necessary or desirable on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to time, the Borrower also shall permit the Lender or representatives thereof, at the expense of the Lender, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Borrower, and to discuss the affairs, finances and accounts of the Borrower with any of its respective officers or directors;

Appears in 1 contract

Samples: Master Loan Agreement (Homeland Energy Solutions LLC)

Visitation Rights; Field Examination. At Subject to the terms of the Material Contracts, applicable laws and reasonable worksite rules, which may involve prior consent, training or other provisions, at any reasonable time and from time to time, permit the Lender Agent or representatives, its representatives to (i) examine and make copies of and abstracts from the records and books of account of the Borrower, and (ii) subject to the rights of tenants, if any, enter onto the property Real Property of the Borrower to conduct unannounced field examinations and collateral inspections, with such frequency as Lender the Agent in its sole reasonable discretion may deem appropriate, and (iii) discuss the affairs, finances, and accounts of the Borrower with any the Borrower's Plant Manager or Chief Executive Officer. Subject to the terms of Borrower’s officers or directors. Material Contracts, applicable laws and reasonable worksite rules, the Borrower consents to and authorizes Lender the Agent to enter onto the property of the Borrower for purposes of conducting the examinations, inspections and discussions provided above. Lender Once annually and its authorized representatives shall follow all safety procedures and protocols of Borrower, as well as at any confidentiality and non-disclosure procedures and protocols of Borrower or to which the Borrower or the property are subject, during any inspection and Lender shall take all necessary actions to ensure that such inspections shall not interfere with the operations of the Borrower at the property. Upon time upon and during the occurrence of an Event of Default or in the event that there are deemed by the Lender Agent to be any material inconsistencies and/or material noncompliance with respect to any financial or other reporting requirement on the part of the Borrower, any and all visits and inspections deemed necessary or desirable for an annual inspection or on account of such Event of Default, inconsistency and/or noncompliance shall be at the expense of the Borrower. In addition to the foregoing, at any reasonable time and from time to timetime (but not more frequent than twice in any calendar year unless the preceding sentence applies), the Borrower also shall permit the Lender Agent or representatives thereof, at the expense of the LenderAgent, to examine and make copies of and abstracts from the records and books of account of, and visit the properties of, the Borrower, and to discuss the affairs, finances and accounts of the Borrower with any of its respective officers or directors;.

Appears in 1 contract

Samples: Credit Agreement (Highwater Ethanol LLC)

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