Common use of Access; Right of Inspection Clause in Contracts

Access; Right of Inspection. Upon reasonable notice, the Collateral Agent shall, no more than twice during any Fiscal Year (or, upon the occurrence and continuance of an Event of Default, as often as Collateral Agent may require) at reasonable times during normal business hours, receive access to all the books, correspondence and records of each Grantor, and the Collateral Agent and its representatives may examine the same, take extracts therefrom and make photocopies thereof, and each Grantor agrees to render to the Collateral Agent, at such Grantor’s cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and its representatives shall, upon reasonable notice, no more than twice during any Fiscal Year (or, upon the occurrence and continuance of an Event of Default, as often as Collateral Agent may require) at reasonable times during business hours, also have the right to enter any premises of each Grantor and inspect any property of each Grantor where any of the Collateral of such Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein.

Appears in 3 contracts

Samples: First Lien Pledge and Security Agreement (Vonage Holdings Corp), Third Lien Pledge and Security Agreement (Vonage Holdings Corp), Second Lien Pledge and Security Agreement (Vonage Holdings Corp)

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Access; Right of Inspection. Upon The Collateral Agent shall at all times, upon reasonable prior notice, the Collateral Agent shall, no more than twice during any Fiscal Year (or, upon the occurrence and continuance of an Event of Default, as often as Collateral Agent may require) at have free reasonable times access during normal business hours, receive access hours to all the books, correspondence and records of each Grantor, and the Collateral Agent and its representatives may examine the same, take extracts therefrom and make photocopies thereof, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense), and each Grantor agrees to render to the Collateral Agent, at such Grantor’s cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and its representatives shall, shall upon reasonable notice, no more than twice during any Fiscal Year (or, upon the occurrence notice and continuance of an Event of Default, as often as Collateral Agent may require) at such reasonable times during normal business hours, hours also have the right to enter any premises of each Grantor one time per fiscal year (or, if an Event of default has occurred and is continuing, on an unlimited basis) and inspect any property of each Grantor where any of the Collateral of such Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein, in each case, at the Collateral Agent’s expense (or, after the occurrence and during the continuation of an Event of Default, at the Company’s expense).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)

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Access; Right of Inspection. Upon The Agent shall at all times have full and free access during regular business hours and upon reasonable notice, prior notice to the Collateral Agent shall, president or principal financial officer of a Grantor (except that no more than twice during any Fiscal Year (or, upon such prior notice shall be required after the occurrence and during the continuance of an any Default or Event of Default, as often as Collateral Agent may require) at reasonable times during normal business hours, receive access to all the books, correspondence and records of each Grantor, and the Collateral Agent and its representatives may examine the same, take extracts therefrom and make photocopies thereof, and each Grantor agrees to render to the Collateral Agent, at such Grantor’s 's cost and expense, such clerical and other assistance as may be reasonably requested with regard thereto. The Collateral Agent and its representatives shall, upon reasonable notice, no more than twice during any Fiscal Year (or, upon the occurrence and continuance of an Event of Default, as often as Collateral Agent may require) shall at reasonable all times during business hours, also have the right to enter any premises of each Grantor during regular business hours and upon reasonable prior notice (except that no such prior notice shall be required after the occurrence and during the continuance of any Default or Event of Default) and inspect any property of each Grantor where any of the Collateral of such Grantor granted pursuant to this Agreement is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein.

Appears in 1 contract

Samples: Security and Pledge Agreement (Hawk Corp)

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