Example ContractsClausesbooks and records; inspectionVariants
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SECTION # Inspection of Property; Books and Records; Discussions. Keep proper books of record and account in accordance with GAAP; and permit representatives of (or upon the occurrence and during the continuance of an Event of Default, ), upon reasonable prior notice, to visit and inspect any of its properties during normal business hours, and examine and make abstracts from any of its books and records at ’s expense, and to discuss the business, operations, properties and financial and other condition of and with officers and employees of and and with its independent certified public accountants all at such reasonable times and as often as reasonably requested (provided that may, if it so chooses, be present and participate in any such discussions); provided, that so long as no Event of Default has occurred and is continuing, and its designated representatives shall not be reimbursed for more than one such visit and inspection per year.

SECTION

Section # . Inspection of Property;Property and Books and Records; Discussions. Keep properRecords. The Company shall maintain and shall cause each of its Subsidiaries to maintain books of record and account in accordanceconformity with GAAP;GAAP consistently applied. Subject to such confidentiality restrictions as the Company may reasonably impose, the Company shall permit, and permitshall cause each of its Subsidiaries to permit, representatives and independent contractors of (or upon the occurrence and during the continuance of an Event of Default, ), upon reasonable prior notice,Administrative Agent or any Bank to visit and inspect any of its properties during normal business hours, andtheir respective Properties, to examine their respective records, and make copies thereof or abstracts from any of its books and records at ’s expense,therefrom, and to discuss the business, operations, propertiestheir respective affairs, finances and financialaccounts with their respective directors, officers, and other condition of and with officers and employees of and and with its independent certified public accountantsaccountants, all at such reasonable times and as often as reasonably requested (provided that may, if it so chooses, be present and participate in any such discussions);during normal business hours, upon reasonable advance notice to the Company; provided, that so long as nohowever, when an Event of Default has occurredexists the Administrative Agent or any Bank may do any of the foregoing at the expense of the Company at any time during normal business hours and is continuing, and its designated representatives shall not be reimbursed for more than one such visit and inspection per year.without advance notice.

SECTION # Inspection of Property;

Books and Records; Discussions. Keep properInspection. The will, and will cause each of its Subsidiaries to, keep adequate records and books of record and accountaccount, in which complete entries will be made in accordance with GAAP;GAAP and to permit representatives of _Administrative Agent:any (or uponor the occurrenceAdministrative Agent, during normal business hours, to examine, copy and during the continuance of an Event of Default, ), upon reasonable prior notice,make extracts from its books and records, to visit and inspect any of its properties during normal business hours, and examine and make abstracts from any of its books and records at ’s expense,properties, and to discuss the business, operations, propertiesits business and financial and other condition of and with officers and employees of and andaffairs with its independent certified public accountantsofficers, all at such reasonable times and as often asto the extent reasonably requested (provided that _Company:by such may, if it so chooses, be present and participate in any such discussions); provided, that so long as no Event of Default has occurred and is continuing, and its designated representatives shall not be reimbursed for more than one such visit and inspection per year.or the Administrative Agent (as the case may be).

SECTION # Inspection of Property; Books and Records; Discussions. (a) Keep proper books of recordrecords and account in accordancewhich full, true and correct entries in conformity with GAAP;GAAP in all material respected shall be made of all dealings and transactions in relation to its business and activities and # permit representatives of (or upon the occurrence and during the continuance of an Event of Default, ), upon reasonable prior notice,Administrative Agent to visit and inspect any of its properties during normal business hours,at which the principal financial records and executive officers are located and examine and make abstracts from any of its books and records at ’s expense,any reasonable time and as often as may reasonably be desired and to discuss the business, operations, properties and financial and other condition of the Borrower and its Restricted Subsidiaries with officers and employees of the Borrower and its Restricted Subsidiaries and with its independent certified public accountants all at such reasonable times and as often as reasonably requested (provided that the Borrower (or any of its Subsidiaries or their respective representatives) may, if it so chooses, be present andat or participate in any such discussions)discussion); provided,provided that so long as no# only the Administrative Agent, on behalf of , shall have rights under this [Section 6.6], # the Administrative Agent shall not exercise such rights more often than one time during any calendar year absent an Event of Default has occurredDefault, and is continuing, and its designated representatives shall not be reimbursed for more than# only one such visit and inspectiontime per year.calendar year shall be at the expense of the Borrower; provided, however, that neither the Borrower nor any Restricted Subsidiary shall be required to disclose or provide any information # that constitutes nonfinancial trade secrets or non-financial proprietary information of the Borrower or any of its Subsidiaries or any of their respective customers and/or suppliers, # in respect of which disclosure to the Administrative Agent or any Lender (or any of their respective representatives) is prohibited by any applicable Requirement of Law, # that is subject to attorney-client or similar privilege or constitutes attorney work product or # in respect of which he Borrower or any Subsidiary owes confidentiality obligations to any third party (such confidentiality obligations were not entered into solely in contemplation of the requirements of this [Section 6.6]).

SECTION # Inspection of Property;

Books and Records; Discussions.Inspection. (a) Keep proper records and books of recordaccount in which full, true and accountcorrect entries will be made in accordance with GAAP;GAAP (giving effect to materiality concepts embodied therein) and in material conformity with all Legal Requirements, reflecting all material financial transactions and matters involving the assets and business of the Borrower and its Subsidiaries, and # subject to [Section 10.23], permit representatives and independent contractors of (or upon the occurrence and during the continuance of an Event of Default, ), upon reasonable prior notice,Administrative Agent to # visit and inspect any of its properties during normal business hours,properties, # examine its corporate, financial and examineoperating records, and make copies thereof or abstracts from any oftherefrom and # discuss its booksaffairs, finances and records at ’s expense, and to discuss the business, operations, properties and financial and other condition of and with officers and employees of and andaccounts with its directors, officers, and independent certified public accountants (in the presence of the Borrower, unless an Event of Default shall have occurred and is continuing), all at such reasonable times during normal business hours and as often as may be reasonably requested (provideddesired, upon reasonable advance notice to the applicable Loan Party or Subsidiary; provided that may, if it so chooses,the Loan Parties shall be present and participate in anyresponsible for such discussions); provided, that so long as noexpenses not more than two (2) times per year unless an Event of Default has occurred and is continuing, and its designated representativesin which case the Loan Parties shall not be reimbursedresponsible for more than oneall such expenses with respect to any such visit and inspection per year.or examination commenced during the continuance of such Event of Default.

SECTION # Inspection of Property;

Books and Records; Discussions. Keep properInspection. The will, and will cause each of its Subsidiaries to, keep adequate records and books of record and accountaccount, in which complete entries will be made in accordance with GAAP;generally accepted accounting principles applicable to the and to permit representatives of _Administrative Agent:any (or uponor the occurrenceAdministrative Agent, during normal business hours, to examine, copy and during the continuance of an Event of Default, ), upon reasonable prior notice,make extracts from its books and records, to visit and inspect any of its properties during normal business hours, and examine and make abstracts from any of its books and records at ’s expense,properties, and to discuss the business, operations, propertiesits business and financial and other condition of and with officers and employees of and andaffairs with its independent certified public accountantsofficers, all at such reasonable times and as often asto the extent reasonably requested (provided that _Company:by such may, if it so chooses, be present and participate in any such discussions); provided, that so long as no Event of Default has occurred and is continuing, and its designated representatives shall not be reimbursed for more than one such visit and inspection per year.or the Administrative Agent (as the case may be).

SECTION

Section # Inspection of Property; Books and Records; Discussions. KeepInspection Rights. and each Restricted Subsidiary will keep proper books of record and account in which full, true and correct entries in accordance with GAAP;GAAP in all material respects are made in respect of all financial transactions and permit representativesmatters involving the assets and business of _Administrative Agent: (or uponor such Restricted Subsidiary, as the occurrencecase may be (it being understood and during the continuance of an Event of Default, ), upon reasonable prior notice, to visit and inspectagreed that any of its properties during normal business hours, and examine and make abstracts from any of itsforeign Restricted Subsidiaries may maintain books and records at ’s expense, andin a manner permitting financial statements to discuss the business, operations, properties and financial and other conditionbe prepared in conformity with generally accepted accounting principles that are applicable in their respective jurisdictions of _Company:organization). and _Subsidiaries:each Restricted Subsidiary will permit , on behalf of , at the expense of with officers and employees of _Company:or and and with its independent certified public accountants all at such reasonable times and as often as reasonably requested (provided that may, if it so chooses, be present and participate in any such discussions); provided, that so long as nounless an Event of Default has occurred and is continuing, and its designated representatives shall not be reimbursed for more than one such# to visit and inspection per year.inspect its financial records and properties and to make extracts from such financial records and # to discuss its business affairs and financial condition with its officers and independent accountants (so long as a representative of is present, or has consented to the absence of such a representative), all at such reasonable times during normal business hours and upon reasonable advance notice to ; provided that # unless an Event of Default has occurred and is continuing, may not exercise such rights more often than

SECTION # Inspection of Property; Books and Records; Discussions. KeepInspection. will, and will cause each of its Subsidiaries to, keep proper books of record and account in accordance with GAAP;which full, true and correct entries, in all material respects, are made of all material dealings and transactions in relation to its business and activities. will, and will cause each to, permit the Administrative Agent, on behalf of itself or any requesting Lender, by its representatives of (or upon the occurrence and during the continuance of an Event of Default, ), upon reasonable prior notice,agents, to visit and inspect any of its properties during normal business hours,the property, books and financial records of and each , to examine and make abstracts from anycopies of itsthe books of accounts and other financial records atof organization" data-ad-field-json='{"name":"Company","type":"organization","canGuess":{"name":false,"type":false}}'>​’s expense,Organization_ and each , and to discuss the business, operations, propertiesaffairs, finances and financial and other conditionaccounts of and _Subsidiaries:each withwith, and to be advised as to the same by, their respective officers at such times and employeesintervals, having due regard for the ongoing business of and and with its independent certified public accountants all at such reasonable times andSubsidiaries, as often asthe Administrative Agent, on behalf of itself or any requesting Lender, may reasonably requested (providedrequest; provided, however , that may, if it so chooses, be present and participate in any such discussions); provided, that so long as no Event of Default has occurred and is continuing, and its designated representatives shall not be reimbursed forcontinuing no more than one such visit and inspection per year.calendar year shall be conducted.

SECTION # Inspection#Inspection of Property;Property, Books and Records; Discussions. Keep properRecords.(a) The Borrower will # keep, and will cause each of its Subsidiaries to keep, its books and records in conformity with GAAP for all dealings and transactions in relation to its business and activities; # permit, and will cause each Subsidiary of recordthe Borrower and accounteach Loan Party to permit, and will direct the Adviser to permit, at reasonable times with at least five (5) Business Days’ prior notice (or such lesser time period agreed upon by the Administrative Agent and the Borrower), which notice shall not be required in accordance with GAAP;the case of an emergency, the Administrative Agent or its designee, at the expense of the Borrower and permit representativesLoan Parties, to perform periodic field audits and investigations of (or upon the occurrenceBorrower, the Loan Parties and during the continuance ofCollateral, from time to time; provided that the Borrower shall only be required to reimburse the Administrative Agent for one such audit and investigation each Fiscal Year unless an Event of Default, )Default shall have occurred and be continuing at the time of any subsequent audit and investigation; and # permit, and will cause each Subsidiary to permit, with at least five (5) Business Days’ prior notice (or such lesser time period agreed upon by the Administrative Agent and the Borrower), upon reasonable prior notice,the Administrative Agent or its designee, at the expense of the Borrower and the Loan Parties, to visit and inspect any of its properties during normal business hours, andtheir respective properties, to examine and make abstracts fromcopies of any of their respective books and records (but only to the extent the Borrower is not prohibited from disclosing such information or providing access to such information pursuant to Applicable Law or an agreement any Loan Party entered into with a third party in the ordinary course of its business), and to discuss their respective affairs, finances and accounts with their respective officers, employees and independent public accountants; provided that, in each case, to the extent such inspection or requests for such information are reasonable and such information can be provided or discussed without violation of law, rule, regulation or contract; provided that # the Borrower shall be entitled to have its representatives and advisers present during any inspection of its books and records at ’s expense, and to discuss the business, operations, properties and financial and other condition of and with officers and employees of and and with its independent certified public accountants all at such reasonable times and as often as reasonably requested (provided that may, if it so chooses, be present and participate in any such discussions); provided, that so long as no Event of Default has occurred and is continuing, and its designated representatives shall not be reimbursed for more than one such visit and inspection per year.

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