Common use of Directors’ Access Clause in Contracts

Directors’ Access. Each director shall be entitled to, and the relevant Offshore Group Company shall ensure that each director shall be entitled to, examine the books and accounts of the relevant Offshore Group Company and have free access, at all times, to any and all properties and facilities of the relevant Offshore Group Company. The relevant Offshore Group Company shall provide such information relating to the business affairs and financial position of the relevant Offshore Group Company and any Subsidiary as any director may require. Subject to his fiduciary duties, a director may provide such information to the Majority Holders or Shareholder who nominated the director.