Common use of Examination of Contract Files Clause in Contracts

Examination of Contract Files. Upon not less than five (5) Business Days’ prior notice to the Custodian, the Administrative Agent, the Borrower, the Collateral Manager and their respective agents, accountants, attorneys and auditors will be permitted during normal business hours to examine and make copies of the Contract Files, documents, records and other papers in the possession of or under the control of the Custodian relating to any or all of the Contracts. Prior to the occurrence of an Unmatured Event of Default, an Event of Default, an Unmatured Collateral Manager Default or a Collateral Manager Default, upon the request of the Administrative Agent and at the cost and expense of the Collateral Manager, the Custodian shall promptly provide the Administrative Agent with the Contract Files or copies, as designated by the Administrative Agent, subject to a maximum of $75,000 per annum of such costs and expenses in the aggregate, and any additional costs and expenses in excess of $75,000 per annum shall be for the account of the Lenders. During the existence of an Unmatured Event of Default, an Event of Default, an Unmatured Collateral Manager Default or a Collateral Manager Default, the Collateral Manager shall be required to bear the cost and expense of all such examinations.

Appears in 3 contracts

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

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Examination of Contract Files. Upon not less than five (5) Business Days’ prior notice to the Custodian, the Administrative Facility Agent, the Borrower, the Collateral Manager and their respective agents, accountants, attorneys and auditors will be permitted during normal business hours to examine and make copies of the Contract Files, documents, records and other papers in the possession of or under the control of the Custodian relating to any or all of the Contracts. Prior to the occurrence of an Unmatured Event of Default, an Event of Default, an Unmatured Collateral Manager Default or a Collateral Manager Default, upon the request of the Administrative Facility Agent and at the cost and expense of the Collateral Manager, the Custodian shall promptly provide the Administrative Facility Agent with the Contract Files or copies, as designated by the Administrative Facility Agent, subject to a maximum of $75,000 per annum of such costs and expenses in the aggregate, and any additional costs and expenses in excess of $75,000 per annum shall be for the account of the Lenders. During the existence of an Unmatured Event of Default, an Event of Default, an Unmatured Collateral Manager Default or a Collateral Manager Default, the Collateral Manager shall be required to bear the cost and expense of all such examinations.

Appears in 2 contracts

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.), Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

Examination of Contract Files. Upon not less than five (5) Business Days’ prior notice to the Custodian, the Administrative Facility Agent, the Borrower, the Collateral Manager and their respective agents, accountants, attorneys and auditors will be permitted during normal business hours to examine and make copies of the Contract Files, documents, records and other papers in the possession of or under the control of the Custodian relating to any or all of the Contracts. Prior to the occurrence of an Unmatured Event of DefaultFacility Termination Event, an Event of Defaulta Facility Termination Event, an Unmatured Collateral Manager Default or a Collateral Manager Default, upon the request of the Administrative Facility Agent and at the cost and expense of the Collateral Manager, the Custodian shall promptly provide the Administrative Facility Agent with the Contract Files or copies, as designated by the Administrative Facility Agent, subject to a maximum of $75,000 50,000 per annum of such costs and expenses in the aggregate, and any additional costs and expenses in excess of $75,000 50,000 per annum shall be for the account of the LendersFacility Agent. During the existence of an Unmatured Event of DefaultFacility Termination Event, an Event of Defaulta Facility Termination Event, an Unmatured Collateral Manager Default or a Collateral Manager Default, the Collateral Manager shall be required to bear the cost and expense of all such examinations.

Appears in 1 contract

Samples: Receivables Financing Agreement (TriplePoint Private Venture Credit Inc.)

Examination of Contract Files. Upon not less than five two (52) Business Days’ prior notice to the Custodian, the Administrative Facility Agent, the Borrower, the Collateral Manager and their respective agents, accountants, attorneys and auditors will be permitted during normal business hours to examine and make copies of the Contract Files, documents, records and other papers in the possession of or under the control of the Custodian relating to any or all of the Contracts. Prior to the occurrence of an Unmatured Event of DefaultFacility Termination Event, an Event of Defaulta Facility Termination Event, an Unmatured Collateral Manager Default or a Collateral Manager Default, upon the request of the Administrative Facility Agent and at the cost and expense of the Collateral Manager, the Custodian shall promptly provide the Administrative Facility Agent with the Contract Files or copies, as designated by the Administrative Facility Agent, subject to a maximum of $75,000 50,000 per annum of such costs and expenses in the aggregate, and any additional costs and expenses in excess of $75,000 50,000 per annum shall be for the account of the LendersFacility Agent. During the existence of an Unmatured Event of DefaultFacility Termination Event, an Event of Defaulta Facility Termination Event, an Unmatured Collateral Manager Default or a Collateral Manager Default, the Collateral Manager shall be required to bear the cost and expense of all such examinations.

Appears in 1 contract

Samples: Receivables Financing Agreement (TriplePoint Private Venture Credit Inc.)

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Examination of Contract Files. Upon not less than five (5) Business Days’ prior notice to the Custodian, the Administrative Facility Agent, the Borrower, the Collateral Manager and their respective agents, accountants, attorneys 121 and auditors will be permitted during normal business hours to examine and make copies of the Contract Files, documents, records and other papers in the possession of or under the control of the Custodian relating to any or all of the Contracts. Prior to the occurrence of an Unmatured Event of Default, an Event of Default, an Unmatured Collateral Manager Default or a Collateral Manager Default, upon the request of the Administrative Facility Agent and at the cost and expense of the Collateral Manager, the Custodian shall promptly provide the Administrative Facility Agent with the Contract Files or copies, as designated by the Administrative Facility Agent, subject to a maximum of $75,000 per annum of such costs and expenses in the aggregate, and any additional costs and expenses in excess of $75,000 per annum shall be for the account of the Lenders. During the existence of an Unmatured Event of Default, an Event of Default, an Unmatured Collateral Manager Default or a Collateral Manager Default, the Collateral Manager shall be required to bear the cost and expense of all such examinations.

Appears in 1 contract

Samples: Receivables Financing Agreement (TriplePoint Venture Growth BDC Corp.)

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