Common use of Audit Letters Clause in Contracts

Audit Letters. Promptly after any request by the Administrative Agent or any Lender, copies of any detailed audit reports, management letters or recommendations submitted to the board of directors (or the audit committee of the board of directors) of the Borrower by independent accountants in connection with the accounts or books of any member of the Consolidated Group, or any audit of any of them.

Appears in 2 contracts

Sources: Credit Agreement (Royalty Pharma PLC), Credit Agreement (Royalty Pharma PLC)

Audit Letters. Promptly after any request by the Administrative Agent or any Lender, copies of any detailed audit reports, management letters or recommendations to the extent submitted to the board of directors (or the audit committee of the board of directors) of Ultimate Parent or the Borrower by independent accountants in connection with the accounts or books of Ultimate Parent or any member of the Consolidated Group, or any audit of any of them.

Appears in 1 contract

Sources: Credit Agreement (Healthcare Royalty, Inc.)