Example ContractsClausesRight to Inspect
Right to Inspect
Right to Inspect contract clause examples

Right to Inspect. Pursuant to and in accordance with Section 6.4, the Administrative Agent (through any of its officers, employees, or agents) shall have the right, upon reasonable prior notice, from time to time during the Borrower’s usual business hours but no more than once a year (unless an Event of Default has occurred and is continuing), to inspect the Borrower’s Books and to make copies thereof and to check, test, and appraise the Collateral in order to verify the Borrower’s financial condition or the amount, condition of, or any other matter relating to, the Collateral.

At all times prior to Closing, Purchaser and Purchaser’s Inspectors shall, subject to at least two (2) business days’ prior notice to Matt Ragsdale (Telephone: [[Phone]], E-Mail: [[Email]]) with a copy to Mike Tetrick (E-Mail: [[Email]]) (except that for any invasive testing permitted herein or any requested tenant interview at least three (3) business days’ prior notice shall be provided), have the right to enter upon the Property at reasonable times and to perform, at Purchaser’s expense, such Inspections of and concerning the Assets, as Purchaser may reasonably deem appropriate. Upon two (2) Business Days’ notice, Purchaser shall have the right to meet and interview Persons involved in the management and operation of the Property to discuss the business operations, including the revenues, expenses, operation and physical condition of the Assets, and shall have the one-time right to meet and interview tenant representatives (provided, however, Purchaser shall have the right to conduct follow-ups with tenants if reasonably required by Purchaser). In addition, Purchaser shall have the right, but not the obligation, to contact such Governmental Authorities as it may elect in connection with the transactions

Right to Inspect. Subject to the terms of this Agreement, from the Effective Date through the Closing Date, Buyer (which, for purposes of this Section 2.4, shall include, individually or collectively as the context requires, any subsidiary, affiliate, representative, agent or consultant of Buyer and any individual conducting any Inspection(s) on behalf of Buyer) shall be permitted reasonable access to the Properties at reasonable times, at its own risk and following not less than two (2) Business Days prior written notice to Seller, which notice may be by e-mail to Matt Ragsdale at [[Email]] with a copy to Michael Tetrick at [[Email]] and Tracey Bracco at [[Email]], for the sole purpose of conducting such Inspections; provided, however, that it is expressly understood and agreed by the Buyer that in no event shall Buyer be entitled to # access to the books and records of the Properties (other than as may be permitted by any applicable Seller in writing), or # conduct any Phase II environmental inspection without Seller’s prior written consent. In cooperation with the Sellers, Buyer will schedule and conduct Inspections so as not to unreasonably interfere with the Properties and the businesses conducted thereon. During the course of its assessment of the Properties, Buyer agrees that Buyer shall speak only with such personnel as any applicable Seller may approve in advance, which approval shall not be unreasonably withheld, conditioned or delayed. Buyer may conduct Inspections to the extent permitted by the Leases. In cooperation with the Buyer, the Sellers will use commercially reasonable efforts to schedule interviews and Inspections with Tenants of the Properties identified by the Buyer. Any applicable Seller shall have the right to accompany Buyer while Buyer is at any of the Properties conducting Inspections or at any time when Buyer is conducting interviews, wherever located. Buyer shall cooperate with the applicable Seller in complying with the terms and conditions of any such Leases during such interviews and/or Inspections.

Following [[Carnegie Mellon:Organization]]’s creation of the [[Carnegie Mellon:Organization]] Materials, which [[Carnegie Mellon:Organization]] shall do as soon as reasonably practicable (anticipated to be within approximately two months following the date that [[Carnegie Mellon:Organization]] receives the Original Material (as that term is defined in the MTA) from Licensee pursuant to the MTA), [[Carnegie Mellon:Organization]] shall deliver to Licensee the [[Carnegie Mellon:Organization]] Materials via an appropriate shipping provider (e.g., FedEx) for overnight delivery to Licensee at the following address: Houston Methodist Hospital; Fondren Building; 5th Floor Room F530; 6565 Fannin Street; Houston, TX 7703, to the attention of ​.

Right to Inspect. Bank (through any of its officers, employees, or agents) shall have the right, upon reasonable prior notice, from time to time during Borrower’s usual business hours but no more than twice a year (unless an Event of Default has occurred and is continuing), to inspect Borrower’s Books and to make copies thereof and to check, test, and appraise the Collateral in order to verify Borrower’s financial condition or the amount, condition of, or any other matter relating to, the Collateral.

Right to Inspect. Lessee, the Affiliates of Lessee, the Landlord (to the extent permitted under the Lease), any Holder under any Hotel Mortgage (to the extent permitted under the Hotel Mortgage), and their respective agents, shall have access to the Premises at any and all reasonable times upon demand for any purpose. Manager will be available to consult with and advise such parties, at their reasonable request, concerning all policies and procedures affecting all phases of the conduct of business at the Hotel. These rights shall be in addition to those in Article XV in regard to access to books and records.

Right to Inspect. Bank (through any of its officers, employees, or agents) shall have the right, upon reasonable prior notice, one time per calendar year during usual business hours (provided, that upon the occurrence and during the continuance of an Event of Default, no such limit shall apply to the number of inspection visits that may be made by Bank in any calendar year), to inspect each Loan Party’s books and records and to make copies thereof and to check, test, and appraise the Collateral in order to verify such Loan Party’s financial condition or the amount, condition of, or any other matter relating to, the Collateral, in each case, at Borrower’s expense (but with such reimbursement obligation to extend only to the reasonable and documented out-of-pocket expenses of Bank).

Right to Inspect. Pursuant to and in accordance with Section 6.4, the Administrative Agent (through any of its officers, employees, or agents) shall have the right, upon reasonable prior notice, from time to time during the Borrower’s usual business hours but no more than once a year (unless an Event of Default has occurred and is continuing), to inspect the Borrower’s Books and to make copies thereof and to check, test, and appraise the Collateral in order to verify the Borrower’s financial condition or the amount, condition of, or any other matter relating to, the Collateral.

Right to Inspect. Lender (through any of its officers, employees, or agents) shall have the right, upon no less than (10) Business Days advance written notice to Borrower, to inspect Borrower’s Books and to check, test, and appraise the Collateral in order to verify Borrower’s financial condition or the amount, quality, value, condition of, or any other matter relating to, the Collateral; provided, however, Lender’s appraisal of the Collateral under this Section 4.9 shall only occur after the occurrence of an Event of Default. Inspections are to occur during Borrower’s business hours.

Right to Inspect. Bank (through any of its officers, employees, or agents) shall have the right, upon reasonable prior notice, from time to time during Borrower’s usual business hours but no more than once a year (unless an Event of Default has occurred and is continuing), to inspect Borrower’s Books and to make copies thereof and to check, test, and appraise the Collateral in order to verify Borrower’s financial condition or the amount, condition of, or any other matter relating to, the Collateral.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.