Examples of Information Rights Holder in a sentence
Each Information Rights Holder shall exercise the foregoing inspection rights no more than four (4) times a year.
During the Non-Competition Period, in the event the principal business of any Person directly or indirectly established or managed by such Founder in direct or indirect competition with the principal businesses of the Group Companies, the Founders, as applicable, shall cause such Person to disclose any relevant information to the Information Rights Holder upon request and transfer such lawful business, at a nominal price, to the Company or any Group Company designated by the Company immediately.
The information, observer and inspection rights set forth in this Section 3 may not be assigned or transferred except that (i) such right is assignable by each Information Rights Holder to any Affiliate of such Information Rights Holder, and (ii) such right is assignable by any Information Rights Holder to any other Information Rights Holder.
Each Information Rights Holder shall have the right to make suggestions or inquiries to the operations of the Group Companies.
The Group Companies covenant and agree that each Information Rights Holder shall have the right, at its own expense, to reasonably inspect facilities, properties, records and books of each Group Company at any time during regular working hours on reasonable prior notice to such Group Company and the right to discuss the business, operation and conditions of a Group Company with any Group Company’s directors, officers, employees, accounts, legal counsels and investment bankers.